Company: NEWTP
Filing Date: 2025-04-24
Form Type: DEF 14A
Source: 0001587987-25-000073
Chunk: 38

Company: NewtekOne, Inc.
Filing Date: 2025-04-24
Form: DEF 14A
Chunk 38
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 companies with whom we compete for executive talent.

The Nominating Committee considers base salary levels at least annually as part of its review of the performance of NEOs and from time to time upon a promotion or other change in job responsibilities. During its review of base salaries for our executives, the Nominating Committee primarily considers: individual performance of the executive, including leadership and execution of strategic initiatives and the accomplishment of business results for the Company; market data; the NEO’s total compensation, both individually and relative to our other NEOs; and for NEOs other than the CEO, the base salary recommendations of our Chief Executive Officer.

The following table sets forth the 2024 and 2023 base salaries for our 2024 NEOs.

| 2024 NEOs        |     | 2024 Base Salary |         |     | 2023 Base Salary |         |
|:-----------------|:----|:-----------------|--------:|:----|:-----------------|--------:|
| Barry Sloane     |     | $                | 700,000 |     | $                | 700,000 |
| M. Scott Price   |     | $                | 433,000 |     | $                | 426,400 |
| Peter Downs      |     | $                | 700,000 |     | $                | 625,000 |
| Michael Schwartz |     | $                | 500,000 |     | $                | 450,000 |
| Nicolas Young    |     | $                | 700,000 |     | $                | 650,000 |
| Frank DeMaria    |     | $                | 360,000 |     | $                | 300,000 |

Annual Bonus Awards . The Nominating Committee designs our annual cash bonuses to motivate our NEOs to achieve objectives consistent with our operating plan. The Nominating Committee retains discretion in the sizing and awarding of cash bonuses for each NEO to ensure that individual bonus determinations appropriately balance the interests of the Company’s shareholders, while rewarding an NEO’s contributions to performance. In evaluating the performance of our NEOs to arrive at their 2024 cash bonus awards, the Nominating Committee considered the factors to determine the amount of salary and other benefits, as set forth above. The Nominating Committee also considered the following factors and aspects of the Company’s 2024 operating performance in the determination of specific NEO bonus awards:

• Each NEO’s specific performance achievements and contributions to the Company