Company: CVLT
Filing Date: 2025-06-25
Form Type: DEF 14A
Source: 0001169561-25-000059
Chunk: 16

Company: COMMVAULT SYSTEMS INC
Filing Date: 2025-06-25
Form: DEF 14A
Chunk 16
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 such waiver or amendment by posting such information on our website at the address and location specified above.

The Company has adoptedand maintains an Insider Trading Policy that govern the purchase, sale, and other dispositions of its securities by its officers, directors, and employees that are reasonably designed to promote compliance with insider trading laws, rules and regulations and applicable listing standards. A copy of the Company’s Insider Trading Policy is filed as Exhibit 19.1 to the Company’s Annual Report on Form 10-K for the fiscal year ended March 31, 2025.

#### Transactions With Related Persons
The Board of Directors recognizes that transactions between the Company and certain related persons present a heightened risk of conflicts of interest. It is our policy to have the Audit Committee review and approve, ratify, or disapprove of proposed transactions or courses of dealings with respect to which executive officers or directors or members of their immediate families have an interest. The Audit Committee reviews any such transaction based upon the applicable SEC rules and our ethics and governance guidelines. We did not enter into any related person transactions during the fiscal year ended March 31, 2025.

#### 22COMMVAULT SYSTEMS, INC. |2025 PROXY STATEMENT
Table of Contents

| CORPORATE GOVERNANCE  |DIRECTOR COMPENSATION |

#### Director Compensation

### ANNUAL CASH AND EQUITY RETAINERS
Our TMCC determines the amount and form of any fees and expense reimbursements that non-employee directors receive for or in connection with their service on Commvault’s Board of Directors. In May 2024, the TMCC engaged an external third-party compensation consultant, Compensia, to provide an assessment of our non-employee director compensation practices, including a peer analysis of practices related to cash compensation, equity compensation, and equity vesting. It was found that our current compensation practices were competitive and in line with market practice.

For more information about our peer group, see “Compensation Discussion and Analysis—How Compensation Decisions are Made—Role of the Peer Group.”

Compensation earned by our non-employee directors for their service as members of the Board of Directors or any committee of the Board was as follows:

| Who receives                                   |     |   Amount | Form                            |
| Every non-employee director                    |     |  $42,000 | Cash annual retainer            |
| Independent Board Chair                        |     | $110,000 | Additional cash annual retainer |
| Audit Committee Chair                          |     |  $30,