Company: IRDM
Filing Date: 2025-03-27
Form Type: DEF 14A
Source: 0001628280-25-015183
Chunk: 83

Company: Iridium Communications Inc.
Filing Date: 2025-03-27
Form: DEF 14A
Chunk 83
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Bridge providing services to the Compensation Committee.

#### Use of Peer Data
Based on ClearBridge’s recommendations, our updated peer group used for 2024 compensation decisions included 16 public companies in the satellite/communication, aerospace/defense and technology industries with revenues generally comparable to ours. The updated peer group for 2024 reflects the removal of two companies, ManTech International Corporation and Maxar Technologies Inc., as those companies had been acquired, and the addition of two companies, Lumentum Holdings Inc. and Nutanix, Inc., that met the appropriate selection criteria for inclusion. The selected peer companies were:

<div align='center'>Peer Group Companies Used for 2024 Compensation Decisions</div>

| 8x8, Inc. (EGHT)                            |     | Hexcel Corporation (HXL)                         |
| AeroVironment, Inc. (AVAV)                  |     | Kratos Defense & Security Solutions, Inc. (KTOS) |
| Axon Enterprise, Inc. (AXON)                |     | Lumentum Holdings Inc. (LITE)                    |
| Bandwidth, Inc. (BAND)                      |     | Mercury Systems, Inc. (MRCY)                     |
| Calix, Inc. (CALX)                          |     | Nutanix, Inc. (NTNX)                             |
| Cogent Communications Holdings, Inc. (CCOI) |     | Shenandoah Telecommunications Company (SHEN)     |
| Commvault Systems, Inc. (CVLT)              |     | Tenable Holdings, Inc. (TENB)                    |
| EchoStar Corporation (SATS)                 |     | Viasat, Inc. (VSAT)                              |

In the fall of 2024, ClearBridge reviewed and updated its recommendations for our peer group for 2025 compensation decisions. Based on ClearBridge’s recommendations, the peer group remained the same as the 2024 peer group except for the removal of EchoStar Corporation due to its merger with DISH Network Corporation.

Our Compensation Committee does not make decisions solely based on peer data but refers to peer data to help ensure that target compensation amounts selected by the Compensation Committee do not materially deviate from market practices and that target amounts provide fair compensation given individual and company performance. In particular, for 2024 compensation decisions, the Compensation Committee requested data from ClearBridge at the 25 th percentile, median and 75 th percentile of the peer group for base salary, target annual incentive