Company: AFRM
Filing Date: 2025-10-24
Form Type: DEF 14A
Source: 0001628280-25-046264
Chunk: 32

Company: Affirm Holdings, Inc.
Filing Date: 2025-10-24
Form: DEF 14A
Chunk 32
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 aligned with the Company’s publicly announced goal of achieving GAAP operating income profitability in the fourth quarter of fiscal 2025. The threshold, target, and stretch performance levels for each of the three performance measures are set forth in the table below:

| Performance Measure                     
 Network Size                            |     |   |     |    90 | Threshold 
 %         |     |   100 | Target 
 %      |     |   110 | Stretch 
 %       |
|:----------------------------------------|:----|:--|:----|------:|:----------|:----|------:|:-------|:----|------:|:--------|
| Total Revenue (in billions)             |     | $ |     |   2.7 |           |     |   3.0 |        |     |   3.3 |         |
| Adjusted Operating Income (in millions) |     | $ |     | 405.2 |           |     | 506.5 |        |     | 607.8 |         |

Cash Incentive Plan Payments

Under the cash incentive plan, payments are made based on our performance with respect to each of the performance measures and the extent to which each objective was achieved for the year. The Compensation Committee did not make any discretionary adjustments to the cash incentive plan payments made to the named executive officers during fiscal 2025.

The actual performance, percentage achievement and applicable performance multipliers with respect to each performance measure, as determined by the Compensation Committee based on actual Company performance, are set forth in the table below.

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TABLE OF CONTENTS

| Performance Measure       |     | Weighting |     | Actual Performance |     | Percentage Achievement versus Target Performance |     | Applicable Performance Multiplier |
| Network Size              |     | 50%       |     | 106.7%             |     | 106.7%                                           |     | 133.7%                            |
| Total Revenue             |     | 25%       |     | $3.2 billion       |     | 127.2%                                           |     | 145.4%                            |
| Adjusted Operating Income |     | 25%       |     | $778.1 million     |     | 153.6%                                           |     | 150.0%                            |
| Total                     |     | 100%      |     |                    |     | 123.6%                                           |     |