Company: SNPS
Filing Date: 2025-02-14
Form Type: DEF 14A
Source: 0000883241-25-000008
Chunk: 67

Company: SYNOPSYS INC
Filing Date: 2025-02-14
Form: DEF 14A
Chunk 67
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 INCREASE    
 (%)         |      |     | PRIMARY REASONS FOR THE CHANGE                                                                                                                                                                                                                                                                                                                                               |
| Sassine Ghazi       |     |             | 840,000 |     |             | 625,000 |     |             | 34.4 |     | This increase reflects Mr. Ghazi's promotion to Chief Executive Officer and was set by our Board of Directors after considering Aon’s independent review of market data, our incumbent CEO's base salary, internal pay considerations, growth into the role, and past performance. Mr. Ghazi's base salary was set at the 25th percentile for equivalent roles at our peers. |
| Dr. Aart J. de Geus |     |             | 725,000 |     |             | 725,000 |     |             |    — |     | No increase.                                                                                                                                                                                                                                                                                                                                                                 |
| Shelagh Glaser      |     |             | 600,000 |     |             | 600,000 |     |             |    — |     | No increase.                                                                                                                                                                                                                                                                                                                                                                 |
| Rick Mahoney        |     |             | 450,000 |     |             | 450,000 |     |             |    — |     | No increase.                                                                                                                                                                                                                                                                                                                                                                 |
| John F. Runkel, Jr. |     |             | 450,000 |     |             | 450,000 |     |             |    — |     | No increase.                                                                                                                                                                                                                                                                                                                                                                 |

#### 64
| PROPOSAL 4 — Advisory Vote to Approve Executive Compensation |

Short-Term Cash Incentives

Executive Incentive Plan (EIP). We utilize annual cash incentive compensation to align NEO performance with near-term financial objectives and future revenue goals, which reward contributions that have a multi-year impact. These cash incentive payments can be earned by our NEOs only if we achieve a significant level of our financial performance goals, which are intended to advance our long-term strategic plans and, ultimately, stockholder value. Our Compensation Committee grants cash incentive compensation opportunities under our EIP and approves cash incentive targets, performance goals and payout matrices that determine how much of the target may be paid at each level of achievement of our performance goals.

After the end of the fiscal year, the Compensation Committee determines whether a threshold payment goal has been satisfied. If the threshold payment goal has been satisfied, an NEO is eligible to receive up to 225% of the NEO’s cash incentive target. The Compensation Committee then