Company: SNPS
Filing Date: 2025-02-14
Form Type: DEF 14A
Source: 0000883241-25-000008
Chunk: 70

Company: SYNOPSYS INC
Filing Date: 2025-02-14
Form: DEF 14A
Chunk 70
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 on revenue growth. |     | Must achieve ≥90% weighted average of Corporate Financial Performance Goals (60% Fiscal 2024 Revenue and 40% Fiscal 2024 Non-GAAP Operating Margin) before any payment could be earned.                                                                   |
| Fiscal 2024 Non-GAAP Operating Margin                                     |     | Ensures appropriate investment mix to drive profitability, reduce expenses and support operating effectiveness. Weighted at 40% of Corporate Financial Performance Goals.                 |     |                                                                                                                                                                                                                                                           |
| REVENUE GROWTH GOALS                                                      |     |                                                                                                                                                                                           |     |                                                                                                                                                                                                                                                           |
| Fiscal 2025 Revenue Backlog(Referred to elsewhere as Revenue Growth Goal) |     | Encourages our NEOs to address revenue predictability in the nearer term.                                                                                                                 |     | Achieving <97% of Revenue Growth Goal will result in no greater than 85% of Revenue Growth Achievement Factor.                                                                                                                                            |
| Fiscal 2026 Revenue Backlog                                               
 (Referred to elsewhere as Long-Term Revenue Growth Goal)                  |     | Encourages our NEOs to address revenue growth in the longer term, thereby rewarding contributions that have a multi-year impact.                                                          |     | No multiplier for Long-Term Revenue Growth Goal if not fully achieved.                                                                                                                                                                                    |

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| PROPOSAL 4 — Advisory Vote to Approve Executive Compensation |

PERFORMANCE AGAINST FISCAL 2024 PERFORMANCE MEASURES

Our fiscal 2024 threshold goal to earn any payment was 70.0% of our fiscal 2024 non-GAAP operating margin target of 38.5%, or 26.95% (1) . We achieved this target by attaining a non-GAAP operating margin of 38.5% for fiscal 2024 and, therefore, the threshold payment goal was satisfied and each of our NEOs was eligible to earn up to 225% of his or her cash incentive target, the maximum funding level under the EIP. Our other performance goals targets are set forth below.

| ACHIEVED |     | Threshold Payment Goal |

| CORPORATE FINANCIAL PERFORMANCE GOALS    |     | PERFORMANCE 
  WEIGHT (%) |     |  FISCAL 2024 
 ACHIEVED (%) |
| Fiscal 2024 Revenue                      |     |        60.0 |     |        100.2 |
| Fiscal 2024 Non-GAAP Operating Margin(1) |     |        40.0 |