Company: CALX
Filing Date: 2025-03-27
Form Type: DEF 14A
Source: 0001406666-25-000011
Chunk: 77

Company: CALIX, INC
Filing Date: 2025-03-27
Form: DEF 14A
Chunk 77
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 retained the services of Compensia to serve as its independent compensation consultant. Our Talent and Compensation Committee annually assesses the independence of its executive compensation advisor. The Talent and Compensation Committee determined that CAP and Compensia were independent and that there were no conflicts of interest in retaining their services.

#### How we set executive compensation for our NEOs

#### Competitive Market Review
Our Talent and Compensation Committee determines pay for our NEOs in large part based upon its assessment of competitive market data and individual executive roles and responsibilities to pursue our short- and long-term strategy. In setting executive pay for 2024, our Talent and Compensation Committee reviewed our NEOs’ compensation as well as the mix of elements used and reviewed that information with reference to data provided by CAP. Based on its review, the Talent and Compensation Committee concluded that our programs support our objectives while considering market practice.

#### Peer Group
We operate in a highly competitive market for talent. We strive to attract and retain highly qualified executives to effectively lead each of our business functions to achieve our business strategy. In doing so, we draw upon a pool of talent that is highly sought after by large and established technology and telecommunications companies and by other competitive companies in development or growth phases. We also compete for key talent on the basis of our vision of future success, our culture and values, the cohesiveness and productivity of our teams and the excellence of our technical and leadership teams.

To gain perspective on market practices as well as competitive pay levels, the Committee utilizes compensation data from a peer group. Our peer group criteria consisted of companies within the technology industry, with an increasing shift toward software and platform companies, and reflective of our size.

Each year, we review our peer group to ensure that the companies continue to be relevant from an industry and size perspective. In 2023, we made changes to our peer group to reflect our continued transition to a platform and managed services company as well as our revenue growth in the past three years. Below is the peer group approved by our Talent and Compensation Committee in 2023 that was used to establish and evaluate the 2024 compensation program for our NEOs:

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| •8x8, Inc.               |     | •Harmonic                     |
| •ADTRAN                  |     | •Infinera Corp.               |
| •Arista Networks, Inc.   |     | •InterDigital                 |
| •Blackbaud               |     | •LiveRamp Holdings            |
| •Box, Inc