Company: MMI
Filing Date: 2025-03-19
Form Type: DEF 14A
Source: 0001193125-25-057887
Chunk: 38

Company: Marcus & Millichap, Inc.
Filing Date: 2025-03-19
Form: DEF 14A
Chunk 38
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erge  |     | $           | 350,000 |     | $           | 350,000 |     | —          |

Annual Cash Incentives In 2024, all our executive officers participated in the 2024 Executive Short-Term Incentive Plan (the “2024 Annual Incentive Plan”). The Compensation Committee established certain financial and non-financial goalsin May 2024, which are discussed in more detail below. Annual cash incentives are designed to reward annual accomplishments against pre-established financialand strategic goals. In establishing target short-term cash incentive award opportunities for the NEOs, the Compensation Committee considered each NEO’s individual performance and responsibilities, historical target amounts, and a market data analysis of the Company’s peer group. The Compensation Committee approved 2024 Marcus & Millichap, Inc. | 2025 Proxy Statement | Page 39

Compensation target short-term cash incentive award opportunities for the NEOs, which were unchanged from each NEO’s target annual incentive opportunity in 2023. Consistent with the approach taken in 2023, the Compensation Committee then reduced the established targets by 15% due to challenging business conditions.

| NEO                 |     | 2024 Target Annual    
 Incentive Opportunity |           |     | Original Target Annual 
 Incentive Opportunity  |           |     | Percentage 
 Decrease   |
|:--------------------|:----|:----------------------|----------:|:----|:-----------------------|----------:|:----|:-----------|
| Hessam Nadji        |     | $                     | 2,295,000 |     | $                      | 2,700,000 |     | -15%       |
| Steven F. DeGennaro |     | $                     |   807,500 |     | $                      |   950,000 |     | -15%       |
| Richard Matricaria  |     | $                     | 1,317,500 |     | $                      | 1,550,000 |     | -15%       |
| John David Parker   |     | $                     | 1,317,500 |     | $                      | 1,550,000 |     | -15%       |
| Gregory A. LaBerge  |     | $                     |   467,500 |     | $                      |   550,000 |     | -15%       |

Actual annual incentive awards could range from 0% to 200% of each