Company: PGYWW
Filing Date: 2025-04-30
Form Type: DEF 14A
Source: 0001883085-25-000066
Chunk: 21

Company: Pagaya Technologies Ltd.
Filing Date: 2025-04-30
Form: DEF 14A
Chunk 21
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 as of February 29, 2024 to 4.6% of our Class A Ordinary Shares as of November 11, 2024 according to a Form 13G/A filed by Saro, L.P.; and (iv) BlackRock, Inc. owned 6.5% of our Class A Ordinary Shares as of September 30, 2024 according to a Form 13G filed by BlackRock, Inc. Voting Rights Neither our major shareholders nor our directors and executive officers listed above had or have voting rights with respect to their Ordinary Shares that are different from the voting rights of other holders of our Ordinary Shares, except that each Class A Ordinary Share is entitled to one vote per share and each Class B Ordinary Share is be entitled to ten votes per share. For additional information about our dual class structure, see Exhibit 3.1 to this Annual Report, which is incorporated by reference herein. Change in Control Arrangements We are not aware of any arrangement that may at a subsequent date, result in a change of control of the Company. 12

COMPENSATION OF DIRECTORS AND EXECUTIVE OFFICERS This section discusses the material components of the executive compensation program for Pagaya’s executive officers who were “named executive officers” for 2024. For 2024, Pagaya’s “named executive officers” and their positions were as follows: ● Gal Krubiner, Chief Executive Officer and Director; ● Evangelos Perros, Chief Financial Officer; ● Sanjiv Das, President; ● Tami Rosen, Chief People Officer (through April 8, 2024), Chief Development Officer and Director (since April 8, 2024); and ● Avital Pardo, Chief Technology Officer. Pagaya is an emerging growth company and therefore is subject to reduced disclosure obligations regarding executive compensation, including only being required to provide disclosure with respect to three current “named executive officers” (the chief executive officer and the Company's two most highly compensated current executive officers who are not the chief executive officer) and is exempt from the requirements of holding a nonbinding advisory vote on executive compensation. The Company is also subject to a requirement to disclose compensation paid to up to two former executive officers if, but for the individual not being an executive officer at the end of 2024, they would have been named executive officers . Under the Companies Law, Pagaya is required to disclose compensation paid to the five most highly compensated “office holders” (as defined in the Companies Law – broadly speaking,