Company: CALX
Filing Date: 2025-03-27
Form Type: DEF 14A
Source: 0001406666-25-000011
Chunk: 95

Company: CALIX, INC
Filing Date: 2025-03-27
Form: DEF 14A
Chunk 95
---
 Pledging Policy
In certain circumstances and in accordance with pre-approved guidelines, members of the Board may pledge their Calix stock holdings (exclusive of options, restricted stock awards or units, warrants or other rights to purchase Calix stock) as collateral for a loan, including margin loans, only if approved in advance by the Company’s General Counsel.

#### Director Stock Ownership Guidelines
Under our director stock ownership guidelines, each director is expected to acquire and maintain ownership of Calix common stock having a value of no less than four (4) times the annual Board cash retainer, which achievement of the requisite stock ownership expected on or before the date five years after the initial appointment date of such director. If a director fails to meet these guidelines, shares from such director’s annual equity grants will be held until the guidelines are met. Each of our directors is currently in compliance with and have shareholding in excess of our director stock ownership guidelines.

#### Other Arrangements
We reimburse non-employee directors for travel, lodging and other expenses incurred in connection with their Board service and attendance at Board and committee meetings.

<div align='center'>67</div>

#### Director Compensation Table
The following table sets forth information regarding compensation earned by our non-employee directors during the year ended December 31, 2024.

| Name                  |     | Fees Earned or Paid in Cash 
 ($)                         |         |     | Option Awards 
 ($) (1)       |         |     | All Other Compensation 
 ($)                    |   |     | Total 
 ($)   |         |
| Carl Russo            |     |                             | 125,000 |     |               | 182,754 |     |                        | — |     |       | 307,754 |
| Kevin Peters          |     |                             |  81,209 |     |               | 182,754 |     |                        | — |     |       | 263,963 |
| Christopher J. Bowick |     |                             |  75,000 |     |               | 182,754 |     |                        | — |     |       | 257,754 |
| Kathleen Crusco       |     |                             |  90,000 |     |               | 182,754 |     |                        | — |     |       | 272,754 |
| Eleanor Fields        |     |                             |  67,500 |     |               | 182,754 |     |                        | — |     |       | 250,254 |