Company: FLYW
Filing Date: 2025-04-22
Form Type: DEF 14A
Source: 0001193125-25-089231
Chunk: 26

Company: Flywire Corp
Filing Date: 2025-04-22
Form: DEF 14A
Chunk 26
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.flywire.com/corporate-governance/governance-overview. Pursuant to our People & Compensation Committee charter, the functions of this committee include:

| • |     | evaluating the performance of our Chief Executive Officer and determining the Chief Executive Officer’s salary and contingent compensation based on his or her performance and other relevant criteria; |

| • |     | identifying the corporate and individual objectives governing the Chief Executive Officer’s compensation; |

| • |     | in consultation with the Chief Executive Officer, determining the compensation of our other officers; |

| • |     | making recommendations to our Board of Directors with respect to director compensation; |

| • |     | reviewing and approving the terms of material agreements with our executive officers; |

| • |     | overseeing our equity incentive plans and employee benefit plans; |

Flywire Corporation 18 2025 Proxy Statement

| • |     | reviewing and approving policies and procedures relating to the perquisites and expense accounts of our executive officers; |

| • |     | administering the Company’s Policy for the Recovery of Erroneously Awarded Compensation and Executive Officer and Director Stock Ownership Guidelines; |

| • |     | overseeing our strategies and policies related to other organization and people matters, including people management practices; |

| • |     | if and as applicable, furnishing the annual People & Compensation Committee report required by SEC rules; and |

| • |     | conducting a review of executive officer succession planning, as necessary, reporting its findings and recommendations to our Board of Directors, and working with the Board of Directors in evaluating potential successors to executive officer positions. |

Our Board of Directors has determined that each of Mr. Harris and Mses. Howard and Offereins is independent under the applicable rules and regulations of Nasdaq, and is a “non-employeedirector” as defined in Rule 16b-3promulgated under the Exchange Act. Our Chief Executive Officer, President and Chief Operating Officer, and Chief Financial Officer assist our People & Compensation Committee in carrying out its functions, although they do not participate in deliberations or decisions with respect to their own compensation. During the second half of 2022, our People & Compensation Committee engaged ClearBridge Compensation Group (ClearBridge) to replace its prior independent compensation consultant. ClearBridge reports directly to our People & Compensation Committee. ClearBridge does not provide any services to us other than the services ClearBridge provides to our People & Compensation Committee. Our People & Compensation Committee believes that ClearBridge does not have any conflicts of interest in