Company: QLYS
Filing Date: 2025-04-11
Form Type: PRE 14A
Source: 0001140361-25-013472
Chunk: 47

Company: QUALYS, INC.
Filing Date: 2025-04-11
Form: PRE 14A
Chunk 47
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 Compensation and Talent Committee. Based on the consideration of the various factors as set forth in the rules of the SEC and the Nasdaq Stock Market, our Compensation and Talent Committee believes that its relationship with Compensia and its work on behalf of the committee has not raised any conflicts of interest. Role of Management During 2024, Mr. Thakar, Ms. Kim, Mr. Posey, and Ms. Rima Touma Bruno, our Chief Human Resources Officer, typically attended our Compensation and Talent Committee’s meetings. Our Compensation and Talent Committee may invite to its meetings any other person that it deems appropriate. No named executive officer attends the portions of a meeting during which decisions regarding his or her compensation are made, and the Compensation and Talent Committee regularly meets in executive sessions without any members of management present. Peer Companies On an annual basis, our Compensation and Talent Committee approves a list of peer companies for the committee to use in conducting a competitive market analysis of executive officer compensation. To represent the market in which we compete for talent, we consider four primary company selection characteristics in determining the peer group each year:

| 1. | Size: Similarly-sized publicly-traded companies in terms of annual revenues and market capitalization. |

| 2. | Industry: Application Software or Systems Software GICS sub-industry. |

| 3. | Growth: Companies with strong revenue growth and high market capitalization to revenue ratios. |

| 4. | Location: Companies headquartered in Northern California. |

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In April 2024, with the assistance of Compensia, our Compensation and Talent Committee reviewed our compensation peer group based on our peer group selection criteria. This resulted in adding two new companies (Fastly, Inc. and Gen Digital, Inc.) to the peer group and removing two companies from the peer group (New Relic, Inc. and Splunk, Inc., each of which are no longer publicly-traded). The following is a list of the public companies that our Compensation and Talent Committee used to set cash and equity compensation beginning in 2024:

| Compensation Peer Group    |     |                          |     |                        |
| Altair Engineering Inc.    |     | Five9, Inc.              |     | Paycor HCM, Inc.       |
| AppFolio, Inc.             |     | Gen Digital, Inc.        |     | Rapid7, Inc.           |
| BlackLine, Inc.            |     | Guidewire Software, Inc. |     | SecureWorks Corp