Company: MRCY
Filing Date: 2025-09-10
Form Type: DEF 14A
Source: 0001049521-25-000029
Chunk: 50

Company: MERCURY SYSTEMS INC
Filing Date: 2025-09-10
Form: DEF 14A
Chunk 50
---
 global telecommunications technology company serving the U.S. Department of Defense until its sale to Oracle. Mr. Kupinsky was also Chief Counsel for FirstNet, a multibillion-dollar independent government agency building a nationwide network for first responders. Earlier in his career he served as a trial attorney for the U.S. Department of Justice and as a law clerk on the U.S. Court of Appeals for the Federal Circuit. |     |                    |

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|                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                           |     | Steven V. Ratner |
| Steve V. Ratner joined Mercury in May 2022 as Senior Vice President and Chief Human Resources Officer and in September 2023 he became the Company's Executive Vice President, Chief Human Resources Officer. Mr. Ratner brings more than 20 years of human resources leadership experience with extensive HR strategy, compensation, and employee engagement expertise. Prior to Mercury, he was Vice President of Human Resources for Raytheon Missiles & Defense, a Raytheon Technologies business segment with approximately $16 billion in annual revenues and over 30,000 employees worldwide, from 2020 to 2022. Prior to that, he was Vice President of Human Resources and Security at Raytheon Integrated Defense Systems from 2015 to 2020. He has held numerous HR leadership positions throughout his career. |     |                  |

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### COMPENSATION DISCUSSION AND ANALYSIS

### EXECUTIVE SUMMARY
This Compensation Discussion and Analysis describes our executive compensation program for our 2025 fiscal year. This section details the compensation framework applied by the Human Capital and Compensation Committee of our Board of Directors (the "Committee") in determining the pay levels and programs available to our named executive officers ("NEOs") for whom compensation is disclosed in the compensation tables included in the Tabular Executive Compensation Disclosure section of this proxy statement. The named executive officers for our 2025 fiscal year are:

| Name                    |     | Position                                                               |
| William L. Ballhaus     |     | Chairman of the Board, President, and Chief Executive Officer          |
| David E. Farnsworth     |     | Executive Vice President and Chief Financial Officer                   |
| Stuart H. Kupinsky      |     | Executive Vice President, Chief Legal Officer, and Corporate Secretary |
| Steven V. Ratner        |     | Executive Vice President and Chief Human Resources Officer             |
| Charles R. Wells, IV(1) |     | Former Executive Vice President