Company: VSAT
Filing Date: 2025-07-25
Form Type: DEF 14A
Source: 0001193125-25-165436
Chunk: 74

Company: VIASAT INC
Filing Date: 2025-07-25
Form: DEF 14A
Chunk 74
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 Range |
| Below Threshold |     | Below 85% of target       |     | 0%            |
| Threshold       |     | 85% of target             |     | 50%           |
| Target          |     | 100% of target            |     | 100%          |
| Maximum         |     | 110% of target or greater |     | 175%          |

| (1) | Free cash flow is a non-GAAP measure. We define free cash flow as net cash provided by (used in) operating activities minus purchase of property, equipment and satellites, and other assets (capital expenditures). We believe free cash flow is an important liquidity metric because it measures, during a given period, the amount of cash generated that is available to repay debt obligations, make investments, fund acquisitions and for certain other activities. An itemized reconciliation between net cash provided by (used in) operating activities and free cash flow for fiscal year 2025 is set forth below. |

| 48 |

EXECUTIVE COMPENSATION • Compensation Discussion and Analysis

| • |     | Time-Based Vesting Component. The financial performance stock units are also subject to a time vesting component and any performance-adjusted units will vest in three equal annual installments on each of the first three anniversaries of the grant date. |

| • |     | Accelerated Vesting: In the event of a Named Executive Officer’s termination due to death or disability, he or she will vest in the performance-adjusted units on the date of termination. In addition, the Named Executive Officers may also be eligible for accelerated vesting of the performance-adjusted units in accordance with the terms of their severance agreements and change in control severance agreements, as described below. |

| Metric                                            |     | Approximate   
 Weighting (%) |     |       |     | Target           |     | Actual Results |     |                  |     | Percentage  
 Achievement |     |       |
| Free Cash Flow (1)                                |     |               |     | 33.3% |     | -$429.8 million  |     |                |     | -$122.0 million  |     |             |     | 58.3% |
| CapEx                                             |     |               |     | 33.3% |     | $1,437.0 million |     |                |     | $1,030.2 million |     |             |     | 58.