Company: DOMO
Filing Date: 2025-05-13
Form Type: DEF 14A
Source: 0001505952-25-000062
Chunk: 39

Company: DOMO, INC.
Filing Date: 2025-05-13
Form: DEF 14A
Chunk 39
---
 committee engaged Compensia, a national compensation consulting firm, to serve as its compensation consultant to advise on executive compensation matters, including competitive market pay practices for our named executive officers and with the data analysis and selection of the compensation peer group.

During fiscal 2025, Compensia provided the following services to our company:

• consultation with the compensation committee members and members of management, including prior to and between compensation committee meetings;

• review, research and updating of our compensation peer group;

• an analysis of competitive market data based on the compensation peer group for our named executive officers’ positions and an evaluation of how the compensation we pay our named executive officers compares both to our performance and to how the companies in our compensation peer group compensate their executives;

• review and analysis of the base salary levels, annual incentive bonus opportunities and long-term incentive compensation opportunities of our named executive officers;

• review and analysis of the compensation arrangements of the non-employee members of our board of directors against the companies in the compensation peer group;

• assessment of executive compensation trends within our industry and updating on corporate governance and regulatory issues and developments; and

• support on other ad hoc matters throughout the year.

Compensia reports directly to our compensation committee and as a part of its work also coordinated with our management for data collection and job matching for our executive officers. In fiscal 2025, Compensia did not provide any other services to us.

The compensation committee has evaluated its relationship with Compensia to ensure that it believes that such firm is independent from management. This review process included a review of the services that such compensation consultant provided, the quality of those services, and the fees associated with the services provided during fiscal 2025. Based on this review, as well as consideration of the factors affecting independence set forth in Rule 10C-1(b)(4) under the Exchange Act, Nasdaq Listing Rule 5605(d)(3)(D), and such other factors as were deemed relevant under the circumstances, the compensation committee has determined that no conflict of interest was raised as a result of the work performed by Compensia and that Compensia is independent. The company pays the fees for Compensia’s services to the compensation committee.

Annual Compensation Review

In connection with its annual review of our executive compensation program, the compensation committee reviews our executive compensation program to assess whether the various elements of our program, as well as its compensation actions and decisions:

• are properly coordinated;

• are aligned with our vision, mission, values and corporate goals;