Company: IIIV
Filing Date: 2025-01-10
Form Type: DEF 14A
Source: 0001728688-25-000006
Chunk: 56

Company: i3 Verticals, Inc.
Filing Date: 2025-01-10
Form: DEF 14A
Chunk 56
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 Regulation S-K.

(4) Reflects net income (loss) set forth in the consolidated financial statements of the Company for the fiscal years ended September 30, 2024, 2023, 2022 and 2021, respectively, including such amounts for the fiscal years ended September 30, 2024, September 30, 2023, and September 30, 2022, included in the Company’s Annual Report on Form 10-K for the fiscal year ended September 30, 2024, filed on November 25, 2024.Net income for the fiscal year ended September 30, 2024, includes a gain on sale of $205.6 million resulting from the completion of the sale of our Merchant Services Business in September 2024.

(5) Adjusted EBITDA from continuing operationsis the company-selected financial performance measure that, in our assessment, represents the most important performance measure used to link compensation actually paid to our named executive officers to company performance for the year ended September 30, 2024. See Appendix A for additional information regarding Adjusted EBITDA from continuing operations, including the manner in which Adjusted EBITDA from continuing operations is calculated and a reconciliation of Adjusted EBITDA from continuing operations for the fiscal year ended September 30, 2024, to the most comparable GAAP measure.

Description of the relationships between executive compensation actually paid and metrics on the Pay Versus Performance table

The following graphs illustrate the relationship between the pay and performance figures that are included in the pay versus performance tabular disclosure above. In addition, the first graph below further illustrates the relationship between Company TSR and cumulative TSR of the S&P 500Information Technology index. As noted above, “compensation actually paid” for purposes of the tabular disclosure and the following graphs were calculated in accordance with SEC rules, and may not fully represent the actual final amount of compensation earned by or actually paid to our named executive officers during the applicable years.

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Tabular list of most important financial performance measures used to link compensation actually paid to company performance

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Listed below, in no specific order, are the performance measures, including the Company-Selected Measure, which, in our assessment, represent the most important measures we used to link compensation actually paid to our named executive officers for the year ended September 30, 2024, to the Company’s performance.

▪ Adjusted E