Company: MRCY
Filing Date: 2025-09-10
Form Type: DEF 14A
Source: 0001049521-25-000029
Chunk: 60

Company: MERCURY SYSTEMS INC
Filing Date: 2025-09-10
Form: DEF 14A
Chunk 60
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 ≥   $ 81.6 |     |                 |     |   ≥   $ 986.0 |     |                                     |     | 150% |
| Target                               |     |                                |     |        125.0 |     |                                        |     |        62.8 |     |                 |     |         857.4 |     |                                     |     | 100% |
| Threshold                            |     |                                |     |        106.3 |     |                                        |     |        44.0 |     |                 |     |         771.7 |     |                                     |     | 50%  |
| Below Threshold                      |     |                                |     | <      106.3 |     |                                        |     | <      44.0 |     |                 |     | <       771.7 |     |                                     |     | 0%   |

(1) All performance goals are expressed in millions.

(2) Payouts for performance between the stated achievement levels are calculated using linear interpolation.

### Results and AIP Payouts for Fiscal 2025
For purposes of calculating actual financial results under the AIP relative to threshold, target and maximum performance goals, the Committee excludes the effects of pre-established categories of items that it believes are not reflective of operating performance. For a further discussion of these adjustments, see "Appendix B: Reconciliation of

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GAAP Measures to Non-GAAP Measures." After giving effect to these adjustments, our calculated performance under the AIP for fiscal 2025 appears in the table below .

| Calculated AIP Results for Fiscal 2025(1) 
 Performance Goal                          |     | Performance Achieved(2) |     |       |     | Payout Factor |     |        |     | Weighting |     |     |     | Payout Earned(% of Target Bonus) |     |        |
|:------------------------------------------|:----|:------------------------|:----|------:|:----|:--------------|:----|:-------|:----|:----------|:----|:----|:----|:---------------------------------|:----|:-------|
| Adjusted EBITDA                           |     | $                       |     | 119.4 |     |               |     | 85.0%  |     |           |     | 50% |     |                                  |     | 42.5%