Company: EVLVW
Filing Date: 2025-04-30
Form Type: DEF 14A
Source: 0001628280-25-021091
Chunk: 41

Company: Evolv Technologies Holdings, Inc.
Filing Date: 2025-04-30
Form: DEF 14A
Chunk 41
---
centive Plan, through which stock options and time-based RSUs were granted as long-term incentive awards.

### FORMER CEO COMPENSATION MIX
| 11%         
 Base Salary |     | 11%                          
 Target Annual Cash Incentive |     | 39%           
 Stock Options |     | 39%         
 Target RSUs |
|             |     | 89%at risk                   |     |               |     |             |

### OTHER NEO COMPENSATION MIX
| 18%         
 Base Salary |     | 12%                          
 Target Annual Cash Incentive |     | 35%           
 Stock Options |     | 35%         
 Target RSUs |
|             |     | 82%at risk                   |     |               |     |             |

(1) This chart does not include Mr. Ellenbogen, who served as Interim CEO from October 30, 2024 until December 16, 2024, or Mr. Kedzierski, who did not commence employment with the Company until December 16, 2024. Mr. Ellenbogen is included in the Other NEO Compensation Mix chart.

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TABLE OF CONTENTS

#### 2024 Say-On-Pay Vote and Stockholder Outreach
The Company values the feedback we receive from our stockholders. Our directors and management recognize the benefits that come from robust dialogue with stockholders and other relevant parties. Our Board was disappointed with the results of our 2024 Say-on-Pay vote, where approximately 78% of votes cast supported our executive compensation program. In response, we sought feedback through engagement meetings with our stockholders.

We contacted stockholders representing approximately 50% of our total shares outstanding seeking their input into a variety of stockholder-related matters, including board composition, executive compensation, and peer group composition. We ultimately held meetings and conference calls with 12 institutional stockholders representing approximately 48% of our total shares outstanding. Stockholders met with our Board Chair, the Chair of the Compensation Committee, and Company leadership from legal, finance, investor relations, and human resources.

The following table summarizes the key themes that we heard from stockholders with regard to executive compensation program and disclosures and what we did in response. We will continue to engage with our stockholders to solicit and consider feedback.

|                                       |     | What We Heard                                                                                                                                              |     | What We Did                                                                                                                                                                                      |
| Performance Equity                    |     | Stockholders would like to see a significant portion