Company: TENB
Filing Date: 2025-04-03
Form Type: DEF 14A
Source: 0001660280-25-000058
Chunk: 4

Company: Tenable Holdings, Inc.
Filing Date: 2025-04-03
Form: DEF 14A
Chunk 4
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 introduced a full-service mental health benefit for employees and their families, with free therapy, coaching and work-life services. Innovation is not limited to our products and we will continue to evolve our benefits to support our people so they can focus on delivering results that exceed expectations.

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#### Our commitment to our stockholders
Our stockholders play a vital role in our success, and we are committed to fostering strong, transparent relationships. We actively engage with this community both to ensure they are up to date on our latest innovations and to understand their priorities and perspectives. In 2024, we met with a majority of our top 25 active investors, as well as over 100 firms in total, an achievement that puts us well above average for midcap companies in investor engagement for the second year in a row. These conversations ensure we keep a pulse on how our strategic decisions are impacting our critical stakeholders. They appreciated our balanced growth approach and we will continue our tradition of outreach to ensure we maintain the trust we have built with this base. In 2024, we delivered:

• Calculated current billings of $969.5 million, an 11% increase year-over-year

• Non-GAAP operating margin of 20%, a 500 basis point improvement year-over-year

• Unlevered free cash flow of $237.8 million, a 36% increase year-over-year

Our goal in 2024 was to strengthen our position by investing in our future and we accomplished this by continuing to innovate and focusing on optimizing our business. We made critical investments that we believe position us to lead the exposure management market. Looking ahead to 2025, we expect to invest in R&D and sales and marketing at an increased rate to position ourselves for success in the Exposure Management market. We are also incredibly excited to be on track to deliver over one billion dollars in calculated current billings this year.

#### Our commitment to corporate social responsibility
We take pride in the communities where we live and work — the people and places that drive our success. This includes environmental stewardship and cultivating a rich culture. We track our scope 1 and 2 emissions, ensuring that we have a good understanding of our energy usage and carbon footprint. In addition, our Green Initiatives group shares best practices for an environmentally conscious lifestyle. Our employees are a great resource for Tenable to continue learning how we can help our environment.

In addition, we strive to be a place where all employees feel they belong. We recognize that an