Company: MMI
Filing Date: 2025-03-19
Form Type: DEF 14A
Source: 0001193125-25-057887
Chunk: 35

Company: Marcus & Millichap, Inc.
Filing Date: 2025-03-19
Form: DEF 14A
Chunk 35
---
 with operational performance and increase in long-term stockholder value while striking a responsible balance between risk and reward. To accomplish these objectives, we have adopted the following policies and practices over time:

| What We Do                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                     |     | What We Don’t Do                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                        |
| ✓  Pay-for-performance philosophy and culture   ✓  More than two-thirds of our current NEOs’ total target direct compensation is performance-based and/or at risk   ✓  Independent compensation committee   ✓  Independent compensation consultant   ✓  Compensation recovery policy for executive officers on cash and equity incentives   ✓  Responsible use of shares under our long-term incentive program   ✓  Robust stock ownership requirements   ✓  Annual risk assessment of our compensation program   ✓  Limited perquisites and personal benefits |     | ×   Minimum guaranteed vesting for performance-based equity awards   ×   Allow for pledging and hedging of Company stock by executive officers, Directors, employees, and independent contractor agents   ×   Single trigger vesting of equity awards   ×   Excessive severance or change in control benefits   ×   Payout or settlement of dividends and dividend equivalents on unvested equity awards   ×   Reprice, cash-out or exchange “underwater” stock options without stockholder approval   ×   Tax gross-ups   ×   Executive pension plans or supplemental retirement plans |

2024 Say-on-PayAdvisory Vote - Stockholder Outreach Every year, we provide our stockholders with the opportunity for an annual vote to approve the compensation of our NEOs on an advisory basis. At our 2024 Annual Meeting of Stockholders, approximately 71% of votes cast (for or against) by stockholders supported the advisory vote on executive compensation, which was a departure from the 2023 vote in which we received approximately 93% support of the votes cast. Following this vote, we conducted an extensive engagement campaign with our stockholders, which we describe in detail below. We Contacted Stockholders Representing Approximately 52% of our Total Shares Outstanding Stockholders We Contacted

| ◾ |     | We reached out to 25 stockholders representing approximately 52% of our total shares outstanding