Company: FCFS
Filing Date: 2025-04-25
Form Type: DEF 14A
Source: 0000840489-25-000055
Chunk: 47

Company: FirstCash Holdings, Inc.
Filing Date: 2025-04-25
Form: DEF 14A
Chunk 47
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     |           |     | Target 2024 
 Growth      
 Rate        |     |     |     | 2024   
 Target |     |   |     |           |
|:------------------------------------|:----|:----------|:----|:-------|:----|:--|:----|----------:|:----|:------------|:----|:----|:----|:-------|:----|:--|:----|----------:|
| Adjusted diluted earnings per share |     | 37.5%     |     |        |     | $ |     |      6.06 |     |             |     | 11% |     |        |     | $ |     |      6.70 |
| Adjusted EBITDA                     |     | 37.5%     |     |        |     | $ |     |   511,732 |     |             |     | 9%  |     |        |     | $ |     |   558,000 |
| Net revenue (gross profit)          |     | 25.0%     |     |        |     | $ |     | 1,507,239 |     |             |     | 8%  |     |        |     | $ |     | 1,624,000 |

The Compensation Committee believes the nature and weighting of the performance measures should provide an appropriate mix of short-term targets directed primarily at earnings growth:

• Adjusted diluted earnings per share represents the performance metric which the Compensation Committee believes is most closely correlated to stockholder returns over a one-year period.

• Adjusted EBITDA also measures the achievement of earnings targets but excludes the impact of share issuances/repurchases, financing activities, income taxes and non-cash depreciation/amortization expenses, resulting in a more precise measure of pure operating profitability.

• Net revenue measures both the amount and quality of top-line revenue growth, as it includes a profitability component (gross profit), which includes the impact of cost of goods sold, lease-to-own depreciation expense and lease and loan loss provisioning.

The following table sets forth the threshold, target and maximum performance goals for each performance measure and the actual performance achieved during 2024 (dollars in thousands, except per share amounts):

| Performance Measure                 |     | 2024 Performance Ranges 
 Threshold               |     |   |     |           |     | Target |     |   |     |           |     | Maximum |