Company: DOMO
Filing Date: 2025-05-13
Form Type: DEF 14A
Source: 0001505952-25-000062
Chunk: 44

Company: DOMO, INC.
Filing Date: 2025-05-13
Form: DEF 14A
Chunk 44
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, Jolley, and Thayne for fiscal 2025, effective August 2024, as follows:

| Named Executive Officer |     | Fiscal 2024 Base Salary ($) |     | Fiscal 2025 Base Salary ($) |     | Percentage Adjustment |
| Joshua G. James         |     |                     500,000 |     |                     500,000 |     | 0%                    |
| Tod Crane               |     |                  194,000(1) |     |                  300,000(2) |     | 55%                   |
| David Jolley(3)         |     |                     415,000 |     |                     415,000 |     | 0%                    |
| Daren Thayne            |     |                     400,000 |     |                     400,000 |     | 0%                    |

(1) Mr. Crane began fiscal 2024 with a base salary of $194,000. In May 2023, Mr. Crane received a base salary increase to $220,400.

(2) Mr. Crane began fiscal 2025 with a base salary of $300,000. In August 2024, Mr. Crane received a base salary increase to $315,000. Mr. Crane was promoted from SVP Finance to Chief Financial Officer effective November 1, 2024. Our compensation committee determined to adjust his then current base salary of $315,000 to $400,000 in connection with such promotion based on the factors used to adjust compensation generally.

(3) Mr. Jolley resigned as Chief Financial Officer on November 1, 2024, and Mr. Crane was appointed to fill the role effective that same day. Due to Mr. Jolley’s resignation as our Chief Financial Officer prior to the end of fiscal 2025, in August 2024 the compensation committee approved a decrease to Mr. Jolley’s base salary to $175,000 effective upon Mr. Jolley’s resignation on November 1, 2024.

The foregoing base salaries are intended to reflect the compensation committee’s assessment of our named executive officers’ performance and responsibilities within our organization and to be competitive with other similarly-situated companies to retain and motivate our named executive officers.

Short-Term Incentive Compensation

We use our Executive Incentive Compensation Plan, a short-term incentive compensation plan, to motivate certain employees selected by the compensation committee, including our named executive officers, to achieve our annual business goals. Our