Company: G
Filing Date: 2025-04-09
Form Type: DEF 14A
Source: 0001140361-25-013031
Chunk: 79

Company: Genpact LTD
Filing Date: 2025-04-09
Form: DEF 14A
Chunk 79
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 or other termination benefits other than to the extent they are provided on a non-discriminatory basis to salaried employees generally in the U.K. |

| 61 | 2025 Proxy Statement |

TABLE OF CONTENTS

| |EXECUTIVE OFFICER COMPENSATION |

CEO pay ratio For 2024, CEO total annual compensation for purposes of determining the CEO pay ratio was $10,848,734, and the total annual compensation (taking into account a cost-of-living adjustment for wages paid to employees outside the U.S.) for our median employee, located in India, was $38,868, resulting in a pay ratio of 279:1. Because we had two CEOs serving non-concurrently during 2024, we determined CEO total annual compensation for purposes of the CEO pay ratio by combining the compensation paid to Mr. Tyagarajan and Mr. Kalra for the time each served as CEO during 2024, as provided in Instruction 10 to Item 402(u) of Regulation S-K. We have employees in more than 35 countries, and more than 90% of our employees are located outside of the U.S. Most of these non-U.S. employees are based in India and other countries in which wage levels have historically been significantly lower than wage levels in the U.S. and Western Europe for comparably skilled professionals. We used the following methodology and assumptions to identify the median employee and calculate the annual total compensation of the median-paid employee:

| • | We selected October 1, 2022 as the date on which to determine our median employee. As of that date, we had more than 118,000 active, full-time employees, of which only approximately 8,000 were located in the U.S. |

| • | SEC regulations allow employers to identify the median based on a consistently applied compensation measure, or CACM. We used (A) annualized base salary plus (B) target bonus or other incentive compensation as our CACM because these two elements are consistently available across all countries where we have employees. |

| • | We ranked this compensation measure for our employees from lowest to highest. This calculation was performed for all employees, excluding Messrs. Kalra and Tyagarajan, whether employed on a full-time, part-time, or seasonal basis. |

| • | We converted amounts paid in foreign currencies to the U.S. dollar based on the applicable 2024 average exchange rates. |

As permitted by SEC rules, we performed two separate