Company: TDY
Filing Date: 2025-03-14
Form Type: DEF 14A
Source: 0001193125-25-054478
Chunk: 59

Company: TELEDYNE TECHNOLOGIES INC
Filing Date: 2025-03-14
Form: DEF 14A
Chunk 59
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 performance equals or exceeds 120% of target, the component is weighted by multiplying the percentage by two (200%). •   If actual performance is less than 75% of target, no amounts will be paid out and the AIP awards will be forfeited, unless otherwise determined by the Committee. •   To the extent actual performance falls between 75% and 120% of target, the multiplying factor is adjusted proportionally (i.e., a reduction of 3% for each percentage point that actual performance falls below 100% and an increase of 5% for each percentage point that actual performance is above 100%). |
| Adjusted revenue                  |     | •   If actual performance equals or exceeds 120% of target, the component is weighted by multiplying the percentage by two (200%). •   If actual performance is less than 67% of target, the component is given a weighting of 0%. •   To the extent actual performance falls between 67% and 120% of target, the multiplying factor is adjusted proportionally (i.e., a reduction of 3% for each percentage point that actual performance falls below 100% and an increase of 5% for each percentage point that actual performance is above 100%).                                                                       |
| MWC                               |     | •   If actual performance is equal to or greater than 105% of target, the component is weighted by multiplying the percentage by two (200%). •   If actual performance is equal to or less than 95% of target, the component is given a weighting of 0%. •   To the extent actual performance falls between 95% and 105% of target, the multiplying factor is adjusted proportionally (i.e., a reduction of 20% for each percentage point that actual performance falls below 100% and an increase of 20% for each percentage point that actual performance is above 100%).                                               |
| Individual performance objectives |     | Weighted proportionally on a scale of 0% to 200% (maximum), with 100% being target, based on the Committee’s assessment of each NEO’s achievement of the applicable objectives.                                                                                                                                                                                                                                                                                                                                                                                                                                           |

The following target AIP award opportunities were set and approved by the Committee for each NEO in January 2024.

|                      |     | AIP