Company: QXO-PB
Filing Date: 2025-04-02
Form Type: DEF 14A
Source: 0001140361-25-011886
Chunk: 36

Company: QXO, Inc.
Filing Date: 2025-04-02
Form: DEF 14A
Chunk 36
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 performance period of the awards. For Mr. Essaid, these annualized values exclude the portion of his RSUs intended to recognize long-term incentives forfeited from a prior employer. |

| b) | Annualized value of communicated offers represent the total value of five years of annual equity awards for each executive, determined based on prevailing market compensation for their respective roles, divided by five. The communicated values were set when determining each executive’s compensation package for their employment agreement or offer letter. |

| c) | For Mr. Jacobs and Mr. Smith, the number of shares underlying each RSU and, for Mr. Jacobs, each PSU award (at target) was determined by dividing the communicated total award value by the original price of the Equity Investment of $4.566. The awards were formally granted on July 30, 2024, with the accounting fair value determined as of the grant date. |

| d) | For Mr. Essaid and Mr. Signorello, the number of shares underlying each RSU and PSU award (at target) was calculated by dividing the communicated total award value by an estimated share price of $15, reflecting their later hire dates. The awards were formally granted on July 30, 2024, with the accounting fair value determined as of the grant date. |

| e) | Calculated by dividing the annualized fair value of the award by the annualized value of the communicated offer. |

| (4) | For 2024, the amounts in this column include the following: |

| • | For Mr. Meller, includes a company matching contribution under the 401(k) Plan of $10,220, health benefits of $15,439, a car allowance (including insurance) of $20,027, as well as a cash fringe benefit of $7,200. Also includes the employment agreement termination payment of $2,767,295 described under “Overview of 2024 Executive Employment Arrangements” below. |

| • | For Mr. Essaid and Mr. Smith, reflects a company matching contribution under the 401(k) Plan. |

We have adopted a corporate aircraft policy as described below. To the extent named executive officers have spouses or guests on the corporate aircraft for business travel, if there is no incremental cost to the company, no amounts are included in this table.

| 27 |     | ©2025 QXO, Inc. |

TABLE OF CONTENTS

Overview of 2024 Executive Employment Arrangements Background on