Company: PRGO
Filing Date: 2025-03-21
Form Type: DEF 14A
Source: 0000950170-25-042897
Chunk: 36

Company: PERRIGO Co plc
Filing Date: 2025-03-21
Form: DEF 14A
Chunk 36
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 of the CEO, the independent directors have, the discretion to adjust any executive officer's actual award down to as low as 0%. For AIP eligible NEOs where Individual Performance acted as a modifier, 2024 AIP payouts ranged from 40.1%-63.7% of annual targets. 2024 AIP Target Award Opportunities and Actual Payouts

#### 32PERRIGO•2025 PROXY STATEMENT
Executive Compensation The 2024 target AIP award opportunities (as a percentage of base salary) and actual payouts (as a percentage of target) for the NEOs are shown in the table below. The range of award opportunities is listed in the Grants of Plan-Based Awards for 2024 table on page 45. 2024 AIP Design

|                         |     | 2024 Target AIP |     | 2024 Actual AIP Payout |
| Named Executive Officer |     | -as % of Salary |     | -as % of Target        |
| Patrick Lockwood-Taylor |     | 120%            |     | 63.7%                  |
| Eduardo Bezerra         |     | 80%             |     | 63.7%                  |
| Kyle L. Hanson(1)       |     | 65%             |     | 100.0%                 |
| Ronald Janish           |     | 65%             |     | 63.7%                  |
| Roberto Khoury          |     | 75%             |     | 63.7%                  |
| Grainne Quinn(2)        |     | 65%             |     | 0.0%                   |
| Triona Schmelter        |     | 85%             |     | 40.1%                  |

1) Ms. Hanson's AIP bonus was paid out at 100% of target consistent with the terms of her waiver and release agreement. 2) Ms. Quinn's separation payment included an ex gratia payment based on annual base salary and annual AIP at 100% target. She was therefore not eligible for an additional discretional AIP payment. 3) 2024 Actual AIP Payout (as % of Target) reflects the earned payout (as a % of Target) based on performance, not accounting for the one-time changes to the AIP payments under Project Energize where cash equal to one-third of the bonus earned will be paid in March 2025; an