Company: BSX
Filing Date: 2025-03-19
Form Type: DEF 14A
Source: 0000885725-25-000017
Chunk: 91

Company: BOSTON SCIENTIFIC CORP
Filing Date: 2025-03-19
Form: DEF 14A
Chunk 91
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 in the 2024 ABP, participants may receive their annual bonus for the year on a prorated basis based on the percentage of the year the participant was employed by us and eligible to participate. Participants who have at least two months of eligibility, but less than a full year, similarly may receive awards under the 2024 ABP on a prorated basis.

In February 2025, the 2024 ABP was amended to clarify the plan’s funding methodology and update certain terminology to reflect a single company-wide funding approach, including use of the Applicable Distribution Percentage to represent the portion of each annual bonus award that is funded based on the Company’s performance against defined financial metrics. No changes were made to the formula for determining individual bonus awards. For additional information on these amendments, refer to Short-Term Incentives in the Compensation Discussion & Analysis section on page 57 .

#### Target Award Opportunity
Eligible participants are provided with a target award opportunity under the 2024 ABP expressed as a percentage of his or her base salary. For a discussion of the 2024 target award opportunities for our NEOs, please see Individual Target Award Opportunity and 2024 Annual Bonus Plan Awards Earned By Our NEOs on pages 59 and 61 , respectively.

#### 762025 Proxy Statement

#### Executive Compensation
Company Performance Determines Applicable Funding Percentage

Company Financial Metrics and Weighting. Under the 2024 ABP, after year-end, a single Company-wide Applicable Distribution Percentage is determined by the Company’s performance against defined financial metrics. The Applicable Distribution Percentage represents the portion of each participant’s annual bonus award that is funded based on the Company’s performance against such metrics. For 2024, our Compensation Committee selected Adjusted Net Sales, Adjusted EPS and Adjusted OIM as our Company-level financial metrics, weighted at 50%, 40% and 10%, respectively. The 2024 ABP also included an ESG modifier (consisting of diversity, equity and inclusion, employee engagement and environmental sustainability goals), and a quality modifier (consisting of operational goals), that depending on the Company’s performance against such goals, could increase or decrease the Applicable Distribution Percentage (in the case of the ESG modifier) or reduce the Applicable Distribution Percentage (in the case of the quality modifier).

Company Metrics Defined. For purposes of our 2024 ABP: (i) Adjusted Net Sales is calculated on a constant currency basis that excludes the impact of foreign currency fluctuations