Company: CTLPP
Filing Date: 2025-07-24
Form Type: DEFM14A
Source: 0001140361-25-027048
Chunk: 116

Company: CANTALOUPE, INC.
Filing Date: 2025-07-24
Form: DEFM14A
Chunk 116
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 in effect as of the date of this proxy statement; |

| • | For purposes of the annual bonus payments and Cantaloupe PSUs set forth in the table, achievement is at the target levels of performance; |

| • | Closing of the Merger occurs prior to the date on which Cantaloupe ordinarily would have paid fiscal year 2025 annual bonuses; |

| • | No 2026 Equity Awards are granted; and |

| • | No named executive officer has any payments or benefits that would be “excess parachute payments” pursuant Code Section 280G. |

The calculations in the table do not include amounts that Cantaloupe’s named executive officers were already entitled to receive or vested in as of the date of this proxy statement. In addition, these amounts do not attempt to forecast any additional equity award grants, issuances or forfeitures that may occur prior to the completion of the merger and do not reflect any Cantaloupe equity or other incentive awards that are expected to vest in accordance with their terms prior to the effective time of the Merger. As a result of the foregoing assumptions, which may or may not actually occur or be accurate on the relevant date, including the assumptions described in the footnotes to the table, the actual amounts, if any, to be received by a named executive officer may materially differ from the amounts set forth below. For purposes of this disclosure, “single trigger” refers to benefits that arise solely as a result of the closing of the Merger and “double trigger” refers to benefits that arise as a result of the closing of the Merger accompanied by certain terminations, on or following the closing.

| Named Executive Officer |     |      Cash 
    ($)(1) |     |    Equity 
    ($)(2) |     |     Total 
       ($) |
| Ravi Venkatesan         |     | 1,350,003 |     | 1,866,538 |     | 3,216,541 |
| Scott Stewart           |     | 1,032,003 |     |   869,781 |     | 1,901,784 |
| Jeffrey Dumbrell        |     |   416,002 |     |   869,781 |     | 1,285,783 |
| Gaurav Singal           |     |   373,118 |     |   153,776 |     |   526,894 |
| Anna Novoseletsky       |