Company: BSX
Filing Date: 2025-03-19
Form Type: DEF 14A
Source: 0000885725-25-000017
Chunk: 111

Company: BOSTON SCIENTIFIC CORP
Filing Date: 2025-03-19
Form: DEF 14A
Chunk 111
---
 year of service to the Company with a minimum benefit of six months and a maximum benefit of 12 months; and

(iii) outplacement services (currently capped at $2,000), in each case, in the event of certain involuntary terminations described above.

#### 882025 Proxy Statement

#### Executive Compensation
Additionally, the Severance Plan provides that, in the event of certain involuntary terminations, employees eligible to participate in our ABP may be entitled to a prorated bonus if such involuntary termination occurs on or after October 1 of a calendar year. The prorated bonus is calculated by multiplying the amount of the bonus an employee would have received for the calendar year, had he or she remained employed by the Company until the bonus payment date (or, if less, the target bonus) (Bonus), times a fraction, as follows:

| Bonus                               |     | x |     | number of days in which employee was bonus eligible during calendar year |
| number of days in the calendar year |     |   |     |                                                                          |

Under the Severance Plan, the payment of severance benefits is subject to the Company’s receipt of a release of claims. In addition, the maximum severance payment available under the plan is limited to twice the Internal Revenue Code dollar limitation in effect for qualified plans for the calendar year immediately preceding the calendar year in which the termination occurs.

The following tables show potential payments to Messrs. Mahoney, Brennan, Butcher, Fitzgerald and Mirviss under existing agreements, plans or other arrangements, for various scenarios involving a change in control or termination of employment, in each case assuming the termination was effective before the end of the day on December 31, 2024 and, where applicable, using the closing price of our common stock of $89.32 per share on the last trading day of 2024. In each case, amounts in these tables do not include amounts payable, if any, to our NEOs who were not retirement eligible on December 31, 2024 pursuant to our Executive Retirement Plan, which are described in the table and accompanying narrative and footnotes in Defined Benefit Retirement Plan on page 83 .

#### 2025 Proxy Statement89

#### Executive Compensation

#### Michael F. Mahoney
| Payments Due Upon Termination:               |     | Terminationfor Cause($)(1) |   |     | VoluntaryTermination($)(2) |            |     | InvoluntaryTerminationWithoutCause 
 ($)(3)                             |