Company: CVLT
Filing Date: 2025-06-25
Form Type: DEF 14A
Source: 0001169561-25-000059
Chunk: 47

Company: COMMVAULT SYSTEMS INC
Filing Date: 2025-06-25
Form: DEF 14A
Chunk 47
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 Any PSU awards with conditions that are not yet determined (such as if the performance measurement period has not been completed) will be deemed to have been earned at 100% of target and will be payable in accordance with their terms.

#### 46COMMVAULT SYSTEMS, INC. |2025 PROXY STATEMENT
Table of Contents

| COMPENSATION TABLES  |CEO PAY RATIO |

#### CEO Pay Ratio
As required by Item 402(u) of Regulation S-K, we are providing the following information regarding the relationship of the annual total compensation for our CEO compared to the median of the annual total compensation of all of our employees (except for our CEO).

For fiscal 2025:

• The median of the annual total compensation of all of our employees, excluding our CEO, was $66,382.

• The annual total compensation of our CEO was $18,811,603.

• Therefore, the ratio of CEO compensation relative to the median employee is approximately 283 to 1.

Factors influencing the Company’s pay ratio include the Company’s strategic decision to expand into centers of excellence, including 1,280 employees located in India (a 23% increase since fiscal 2024) and over 2,000 employees located outside of the United States, in each case, where compensation benchmarks are lower than those in other geographies. Additionally, all global employees’ salaries differ as cost of living differs from country to country. Approximately 37% of employees live in the United States where our CEO resides and works. Such global workforce increases span of control, and management effectiveness and efficiencies.

The methodology we used to identify our median employee for fiscal 2025 was as follows:

• We selected March 31, 2025, as the date upon which we identified our employee population. We included all employees as of that date, with no exclusions.

• We used total cash compensation as our consistently applied compensation measure to identify our median employee. For this purpose, we defined total cash compensation as base wages plus any incentive compensation (bonuses or commissions). We did not annualize the compensation of any employees who were employed less than a full year and we did not make any adjustments, assumptions or estimates. For employees outside the United States, we converted cash compensation to U.S. dollars using the applicable March 31, 2025 exchange rate.

• Using this methodology, we determined that our median employee was a full-time, salaried employee based in the United Kingdom.

We calculated the annual total compensation of our