Company: SNPS
Filing Date: 2025-02-14
Form Type: DEF 14A
Source: 0000883241-25-000008
Chunk: 29

Company: SYNOPSYS INC
Filing Date: 2025-02-14
Form: DEF 14A
Chunk 29
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#### Share Ownership Guidelines
Our Board of Directors has adopted share ownership guidelines in order to align the interests of our directors and management with the interests of our stockholders and to promote accountability and long-term decision-making. Our Compensation Committee reviews those guidelines periodically in accordance with best practices and has amended such guidelines from time to time, with the most recent amendment occurring in December 2023. Under the current guidelines, non-employee directors are expected to achieve a stock ownership level with a value equal to the lesser of three times the amount of each non-employee director’s annual cash retainer (excluding compensation for committee service) or 15,000 shares. Non-employee directors are expected to achieve such a stock ownership level within three years of their initial election as a director and then maintain such ownership level, as measured each year on the date of the annual meeting of stockholders, so long as they serve in the position of director.

These guidelines also recommend that covered members of management hold the number of shares set forth below within four years of their appointment and maintain such ownership level so long as they serve in such positions; provided, however, that if the value of any individual’s shares drops below the applicable Minimum Value set forth below, such individual will be required to hold the number of shares equal to the Minimum Value.

| Covered Person                                  |     |        | Share Number(#) | Minimum  
 Value($) |           |
| Chief Executive Officer                         |     | 25,000 |                 |          | 4,400,000 |
| Executive Chair                                 |     | 12,500 |                 |          | 2,200,000 |
| Chief Operating Officer                         |     | 12,500 |                 |          | 2,200,000 |
| Chief Accounting Officer                        |     |  4,000 |                 |          |   700,000 |
| All members of Corporate Staff not listed above |     |  6,500 |                 |          | 1,100,000 |

The guidelines do not require any covered person to exercise stock options or to purchase shares of our common stock on the open market solely to meet these guidelines. However, when stock options are exercised, when restricted stock or restricted stock units vest, or when shares are purchased under the Purchase Plan, the guidelines recommend that the covered person retain a number of shares of common stock equal to the lesser of 25% of the net value of shares of common stock acquired or vested (after deducting the exercise price, if any, and taxes