Company: TTMI
Filing Date: 2025-03-13
Form Type: DEF 14A
Source: 0000950170-25-038317
Chunk: 57

Company: TTM TECHNOLOGIES INC
Filing Date: 2025-03-13
Form: DEF 14A
Chunk 57
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000 |
| 120% of revenue Target         |             |                    |                    | 160% x 39,000      |        62,400 |
| 55% of adjusted EBITDA target  |             |                    |                    | 0 x 39,000         |             — |
|                                |             |                    |                    |                    |       218,400 |

At the end of the three-year performance period, the base calculations of the six performance metrics is then adjusted by applying a modifier to the PRU calculation of the six measurements against the goals set during the performance period. The TSR modifier measures our Company’s TSR based on stock price changes (using for each year’s awards the six-month trailing average closing price at the beginning of the year compared to the six-month trailing average closing price three years later), and assuming reinvestment of dividends, relative to the TSR of our TSR Peer Group for the same three-year period. If our TSR is below the 10th percentile of the TSR Peer Group, the modifier would be zero, and therefore, no shares would be released with respect to the PRU program subject to such three-year performance period. If our TSR is between the 10th and 50th percentile at the end of the three-year performance period, the modifier would range between 0.6 and 1.0, if the TSR is greater than 50% and up to 80% the modifier will range from 1.0 and 1.5. If our TSR is at or above the 80th percentile of the applicable TSR Peer Group for the three-year performance period, the maximum amount of 2.0 will apply, to this component (as illustrated in the graphic above). See the chart below which demonstrates

| TTM TECHNOLOGIES, INC. | 37 |

the relationship between the TSR results and the calculation of the TSR modifier used for our FY 2021 and FY 2022 PRU programs.

See the chart below which demonstrates the relationship between the TSR results and the calculation of the TSR modifier used for our PRU programs.

| 2021-2022 Relative TSR      |     | Maximum Modifier |
| 80th percentile & above     |     | 150%             |
| 50th percentile             |     | 100%             |
| 10th percentile (Threshold) |     | 60%              |
| Below 10th percentile       |     | 0%               |

In order to finish our representative example