Company: ISRG
Filing Date: 2025-03-14
Form Type: DEF 14A
Source: 0001035267-25-000098
Chunk: 40

Company: INTUITIVE SURGICAL INC
Filing Date: 2025-03-14
Form: DEF 14A
Chunk 40
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%) |     | Maximum (125%) |
| AOI Achievement Amount Required (in $ billions)                     |     | 50%                       |     |            $2.601 |     |        $2.928 |     |         $3.225 |
| Aggregate Percent Achievement of Company Performance Goals Required |     | 50%                       |     |                —% |     |          100% |     |           125% |

(1) If the AOI threshold is not achieved, the incentive pool for our NEOs will not be funded, and our NEOs will not be eligible to receive any bonus under the CIP. If the incentive pool is funded, there is no threshold for the Company Performance Goals achievement, and the funding level will be based on actual Company Performance Goals achievement with a maximum payout of 125%.

#### 2024 Bonus Decisions
Based on our 2024 performance outlined below, the CIP was funded at 113.6% of the target level for our NEOs. The annual cash bonus payments made to our other NEOs were approved by the Compensation Committee or, in the case of Dr. Guthart, ratified by the independent members of the Board. The 2024 annual cash bonus payment amounts for our NEOs are set forth in the “2024 Summary Compensation Table.”

|                                              |     | Performance Weighting (%) |     | Actual Achievement |     | CIP Funding Level Achieved |
| Actual AOI Achievement (in $ billions)       |     | 50%                       |     |             $3.228 |     | 125.0%                     |
| Actual Company Performance Goals Achievement |     | 50%                       |     |             102.1% |     | 102.1%                     |
| Actual CIP Funding                           |     |                           |     |                    |     | 113.6%                     |

#### Long-Term Incentive Compensation
Our long-term incentive compensation consists of equity awards in the form of RSUs and PSUs. Prior to 2024, equity awards in the form of stock options were also granted. We grant these equity awards to ensure that our executive officers, including our NEOs, have a continuing stake in our long-term success. The Compensation Committee believes that these types of equity awards best meet our overall goals of alignment with long-term performance, stockholder value creation, and retention of our executive officers. The Compensation Committee also believes that the granting of equity awards with multi-year performance or service vesting