Company: NSP
Filing Date: 2025-04-15
Form Type: DEF 14A
Source: 0001000753-25-000013
Chunk: 39

Company: INSPERITY, INC.
Filing Date: 2025-04-15
Form: DEF 14A
Chunk 39
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 100%                          |
| President and Chief Operating Officer                                             |     | 125%                          |
| Senior Vice President of Legal, General Counsel and Secretary                     |     | 100%                          |
| Former Executive Vice President of Finance, Chief Financial Officer and Treasurer |     | 100%                          |

Annual Bonus Metrics

The Compensation Committee selects corporate performance goals that align with the Company’s business strategy and objectives. The Compensation Committee sets each corporate performance goal to be challenging and rigorous, requiring the attainment of predetermined achievement levels before triggering a payout to the executives. The Compensation Committee chose to tie 70% of the NEOs’ Short-Term Incentive Program payout opportunity to growth and profitability objectives and 30% to the execution of the initial planning and implementation phase of the new strategic partnership with Workday that was announced in February 2024.

For 2024, our annual bonus program was based 30% on adjusted EBITDAIC, 30% on the growth in average number of WSEEs paid, 10% on the growth in the average number of paid employees in our traditional payroll solution, and 30% on the execution of four initiatives identified as of primary importance to the execution of the strategic partnership with Workday.

Consistent with prior years, the Compensation Committee chose to exclude incentive compensation from adjusted EBITDA under the Short-Term Incentive Program because any cash payout impacts adjusted EBITDA. Please see the Annual Bonus Metric chart below for definitional details.

#### Insperity282025 Proxy Statement
| Annual Bonus Metric                                                                                                   |     | Definition                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                       |     | Rationale                                                                                                                                                                                                                                                                                                |
| Adjusted EBITDAIC                                                                                                     |     | In setting our adjusted EBITDAIC performance goal, the Compensation Committee elected to exclude specified  items from EBITDA (earnings before interest, taxes, depreciation, and amortization), to the extent applicable, including for example, the following: (1) non-cash impairment charges; (2) stock-based and incentive compensation; (3) changes in statutory tax rates and assessments; (4) professional advisory fees and outside costs related to stockholder matters; (5) pre-paid software as a service (“pre-paid SaaS”) product implementation expense; (6) executive severance arrangements; (7) certain pre-identified Workday implementation costs; and (8) other extraordinary, unusual or infrequent items. 
 For 2024, adjusted EBITDAIC, the Compensation Committee only excluded