Company: WAL-PA
Filing Date: 2025-04-23
Form Type: DEF 14A
Source: 0000950170-25-057334
Chunk: 44

Company: WESTERN ALLIANCE BANCORPORATION
Filing Date: 2025-04-23
Form: DEF 14A
Chunk 44
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 to a 100% maximum if TSR is negative for the performance period. The Company will interpolate on a straight-line basis between the threshold, target and maximum in each category of performance. Each of the NEOs received a combination of RSAs, PSUs and CSRUs with the measures provided above. In 2024, the Compensation Committee approved awarding CSRUs weighted at 30% of the total LTI award, which reduced the weighting of RSAs from 50% to 20%. The PSU weighting was maintained at 50%. Mr. Vecchione recommended LTI grants for each of the NEOs in amounts commensurate with their position and responsibilities, based on available market data for each position, and in consideration of the Consultant's recommendation that executive officer grants result in unvested value between two to three times the executive's base salary as a means of retention. The Compensation Committee approved Mr. Vecchione’s recommendations and made a similar recommendation to the full Board for the CEO's LTI grant that the Board approved.

| Name      |     | RSAs 
 (#)  |        |     | PSUs 
 (#)  |        |     | CSRUs 
 (#)   |        |
| VECCHIONE |     |      | 12,945 |     |      | 32,361 |     |       | 19,417 |
| GIBBONS   |     |      |  6,835 |     |      | 17,087 |     |       | 10,252 |
| CURLEY    |     |      |  3,970 |     |      |  9,924 |     |       |  5,955 |
| BRUCKNER  |     |      |  3,798 |     |      |  9,493 |     |       |  5,695 |
| BOOTHE    |     |      |  2,330 |     |      |  5,825 |     |       |  3,495 |

Hold to Retirement Deferred Stock Units In 2024, the Company continued to address market expectations stemming from the lingering impacts of the 2023 regional banking events. Alongside these efforts, the Company's growth strategy includes preparing itself to become an LFI, with total assets meeting or exceeding $100 billion. This preparation is a substantial undertaking for the Company. The Board and management recognize the precedent of other financial institutions struggling to successfully cross the $100 billion