Company: SNPS
Filing Date: 2025-02-14
Form Type: DEF 14A
Source: 0000883241-25-000008
Chunk: 80

Company: SYNOPSYS INC
Filing Date: 2025-02-14
Form: DEF 14A
Chunk 80
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 are each eligible to vest only upon the achievement of a pre-established compound annual growth rate of revenue goal and the application of an rTSR modifier, in each case over a three-year performance period as described below. The Compensation Committee will certify any payout on the Fiscal 2023 Annual PRSUs and the Fiscal 2024 Annual PRSUs following the completion of fiscal 2025 and fiscal 2026, respectively.

#### STATUS OF FISCAL 2022 PRSU AWARDS
The Compensation Committee previously approved annual PRSU grants to our NEOs (the Fiscal 2022 Annual PRSUs), which were eligible to vest only upon the achievement of a pre-established compound annual growth rate of revenue goal of 13% (the 2022 - 2023 Revenue CAGR) for the fiscal 2022 to 2023 period (the Fiscal 2022 - 2023 Revenue CAGR Multiplier) and the application of an rTSR modifier, in each case over a two-year performance period. As previously disclosed, the payout formula for the Fiscal 2022 Annual PRSUs was the same as the payout formula for the Fiscal 2024 Annual PRSUs.

#### 2025 Proxy Statement75
| PROPOSAL 4 — Advisory Vote to Approve Executive Compensation |

In fiscal 2024, the Compensation Committee certified 2022 - 2023 Revenue CAGR of 17.9%, which resulted in a Fiscal 2022 - 2023 Revenue CAGR Multiplier of 150%, and an actual rTSR Modifier at the 95th percentile as measured against the S&P 500 Information Technology Sector Index, which resulted in an rTSR Rank Modifier of 125%.

The application of the Fiscal 2022 - 2023 Revenue CAGR Multiplier and the rTSR Modifier resulted in a 187.5% payout factor. Each NEO’s number of PRSUs that were earned and vested are set forth in the table below. 50% of the Fiscal 2022 Annual PRSUs earned on December 12, 2023 were immediately vested as of such date, and the remaining 50% of the Fiscal 2022 Annual PRSUs earned on December 12, 2023 vested on December 8, 2024, subject to the NEO’s continuous service through such vesting date.

| NEO                 |     | TARGET          
 PRSU SHARES (#) |        |     | PRSUs THAT WERE 
 EARN