Company: WW
Filing Date: 2025-04-21
Form Type: DEF 14A
Source: 0001193125-25-087213
Chunk: 46

Company: WW INTERNATIONAL, INC.
Filing Date: 2025-04-21
Form: DEF 14A
Chunk 46
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 judgment and allocation. The Company reported fiscal 2024 operating loss of $(236.22) million. The Compensation Committee evaluated this actual performance against the established operating income performance goal of $100.0 million. Following its evaluation, the Compensation Committee adjusted the reported operating loss of the Company for fiscal 2024 by $327.47 million in the aggregate, which consisted of the exclusion of (x) the aggregate impact of fiscal 2024 impairment charges of $315.03 million; (y) $8.5 million of the net impact of restructuring charges in fiscal 2024; and (z) the impact of $3.9 million of separation expenses related to Ms. Sistani’s departure from the Company. As a result of these adjustments, fiscal 2024 adjusted operating income was $91.25 million (91.25% of the operating income goal). Therefore, the Compensation Committee approved a payout of 65% with respect to operating income performance as set forth below. Individual Performance Named executive officers, other than the Chief Executive Officer and Chief Financial Officer, typically have an element of their annual, performance-based cash bonus determined based on performance relative to individual goals for the fiscal year. Given Mses. Boyer and Cooke had guaranteed fiscal 2024 annual, performance-based cash bonuses equal to 100% of their respective target bonus opportunity pursuant to their respective offer letters, neither had an individual performance payout amount included in their actual bonus paid as guaranteed. Payout of the Fiscal 2024 Annual, Performance-Based Cash Bonus The Compensation Committee determines and approves the amount of the annual, performance-based cash bonus to be paid to each eligible named executive officer following fiscal year end, with the payout generally occurring in March or April following the completion of the annual audit of the Company’s financial statements by the Company’s independent registered public accounting firm. 31

The following table shows the annual target bonus percentage and the overall bonus percentage payout for, and the related actual bonus paid to, each of the eligible named executive officers for fiscal 2024:

| Named Executive Officer 
 Tara Comonte(2)         |     | Target Bonus 
 Percentage   
 (as a % of   
 Fiscal Year  
 Base         
 Salary(1))   |     | N/A |   |     | Overall Bonus 
 Percentage    
 Payout        |     | N/A |   |     | Actual Performance- 
 Based Cash Bonus    |   |     N/A |    |
|:------------------------|:----|:-------------|:----|----:|: