Company: IDCC
Filing Date: 2025-04-25
Form Type: DEF 14A
Source: 0001193125-25-097149
Chunk: 53

Company: InterDigital, Inc.
Filing Date: 2025-04-25
Form: DEF 14A
Chunk 53
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 of 42.0%.                                                                                             |
| Licensing Agreements   Signed 14 new license agreements in 2024 and licensed the top four smartphone vendors and more than 70% of smartphone global shipments annually.                                                                                  |     | New Patents   Drove intellectual property creation from our R&I team with more than 5,000 new patent filings worldwide. |     | Return of Capital   Robust full year cash flow with $272 million net cash provided by operating activities and a total of $236 million to be used to return capital to shareholders and retire debt. |

| * | Adjusted EBITDA, adjusted EBITDA margin and non-GAAP EPS are non-GAAP financial measures. See Appendix A for an explanation of how these metrics are used and a detailed reconciliation to the most directly comparable GAAP measure. |

40

2024 Compensation Decisions and Actions The following are highlights of the key compensation decisions made by the Human Capital Committee for 2024:

| • |     | Special one-time performance-based equity award granted to CEO. Our CEO was granted a one-time special equity award in March 2024 that is 100% performance-based and can be earned over seven-years for achievement of new revenue milestones that are key to long-term shareholder value creation. |

| • |     | Provided a majority of our executives’ target compensation in equity to align our executives’ interests with that of our shareholders. Approximately 83% of our CEO’s 2024 target compensation and, on average, 72% of 2024 target compensation for our other NEOs was in equity incentives, with approximately 57% of our CEO’s and 50% of our other NEOs’ 2024 equity in the form of performance-based equity awards. |

| • |     | Base salaries remained flat. The base salaries of our CEO and our NEOs remained flat for 2024 because the Human Capital Committee believed that their salaries were competitive and that any market adjustments should be focused on short- and long-term incentives to strengthen our executive compensation program’s pay for performance orientation. |

| • |     | Paid Short Term Incentive Program (“STIP”) awards out at 200% of target based on superior performance results. Record-setting revenue, including the execution of the Samsung TV Agreement that contributed more than half of our year over year revenue growth, along with above-target patent filings drove maximum payout. |

Shareholder Engagement and Results from 2024 Shareholder Advisory Vote on Executive Compensation At the 2024 annual meeting