Company: IIIV
Filing Date: 2025-01-10
Form Type: DEF 14A
Source: 0001728688-25-000006
Chunk: 33

Company: i3 Verticals, Inc.
Filing Date: 2025-01-10
Form: DEF 14A
Chunk 33
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 vote of the holders of a majority of the voting power of the shares of Common Stock which are present in person or by proxy and entitled to vote on the proposal is required to approve this Proposal 3. Abstentions will be considered a vote against this proposal. Broker non-votes will also not have any effect on the outcome of this proposal.

THE BOARD OF DIRECTORS UNANIMOUSLY RECOMMENDS A VOTE “FOR” THE APPROVAL, ON AN ADVISORY BASIS, OF THE COMPENSATION OF OUR NAMED EXECUTIVE OFFICERS, AS DISCLOSED IN THIS PROXY STATEMENT.

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### EXECUTIVE COMPENSATION

### COMPENSATION DISCUSSION AND ANALYSIS

#### Executive Summary
Introduction

This Compensation Discussion and Analysis describes our executive compensation program, explains how our Compensation Committee oversees and implements this program, and reviews the compensation with respect to our fiscal year ended September 30, 2023, for the executive officers identified below, who are our “named executive officers” for purposes of this Proxy Statement in accordance with SEC rules. Throughout this Compensation Discussion and Analysis and elsewhere in this Proxy Statement, we refer to this group of individuals as the “named executive officers.”

For the fiscal year ended September 30, 2024, our “named executive officers” and their positions were as follows:

| Executive       
 Gregory Daily   
 Geoff Smith     
 Clay Whitson    |     | Position                                                                                                            
 Chief Executive Officer and Chairman                                                                                
 Chief Financial Officer (effective September 20, 2024)                                                              
 Chief Strategy Officer (effective September 20, 2024, served as Chief Financial Officer through September 20, 2024) |
|:----------------|:----|:--------------------------------------------------------------------------------------------------------------------|
| Rick Stanford   |     | President                                                                                                           |
| Paul Maple      |     | General Counsel & Secretary                                                                                         |
| Paul Christians |     | Chief Revenue Officer                                                                                               |

Fiscal 2024 Highlights

The following provides an overview of the Company’s financial performance during the fiscal year ended September 30, 2024.

• Revenue from continuing operations for the fiscal year ended September 30, 2024 was $229.9 million, an increase of 1.4% compared to the fiscal year ended September 30, 2023.

• Net loss from continuing operations for the fiscal year ended September 30, 2024, was $13.3 million, compared to a net loss from continuing operations