Company: QLYS
Filing Date: 2025-04-23
Form Type: DEF 14A
Source: 0001140361-25-015182
Chunk: 42

Company: QUALYS, INC.
Filing Date: 2025-04-23
Form: DEF 14A
Chunk 42
---
 as the “named executive officers” (“NEOs”):

| Name             |     | Position                                                |
| Sumedh S. Thakar |     | Director, President and Chief Executive Officer (“CEO”) |
| Joo Mi Kim       |     | Chief Financial Officer                                 |
| Bruce K. Posey   |     | Chief Legal Officer and Corporate Secretary             |

Overview Business Highlights We are a leading provider of disruptive cloud-based Information Technology (“IT”), security, and compliance solutions enabling organizations to identify security risks to their IT infrastructures, help protect their IT systems and applications from ever-evolving cyber-attacks and achieve compliance with internal policies and external regulations. Our natively integrated cloud solutions address the growing IT, security and compliance complexities and risks that are amplified by the dissolving boundaries between internal and external IT infrastructures and web environments, the rapid adoption of cloud computing, containers and serverless IT models, and the proliferation of geographically dispersed IT assets. IT infrastructures are more complex and globally-distributed today than ever before, as organizations of all sizes increasingly rely upon a myriad of interconnected information systems and related IT assets, such as servers, databases, web applications, routers, switches, desktops, laptops, other physical and virtual infrastructure, and numerous external networks and cloud services. The predominant approach to IT security has been to implement multiple disparate security products that can be costly and difficult to deploy, integrate and manage and may not adequately protect organizations. As a result, we believe there is a large and growing opportunity for comprehensive cloud-based IT, security and compliance solutions delivered in a single platform. We intend to leverage our innovation, extensive expertise and position as a trusted provider of cloud-based IT, security and compliance solutions to continue to grow our revenues and maintain strong profitability. In 2024,

| • | Revenues increased by 10% to $607.6 million, as compared to $554.5 million in 2023; |

| • | Net income increased by 15% to $173.7 million, which represents 29% of our 2024 revenues, as compared to $151.6 million in 2023, which represents 27% of our 2023 revenues; |

| • | Adjusted EBITDA* (a non-GAAP financial measure) increased by 9% to $282.8 million, which represents 47% of our 2024 revenues, as compared to $259.1 million in 2023, which represents 47% of our 2023