Company: HLI
Filing Date: 2025-07-25
Form Type: DEF 14A
Source: 0001302215-25-000084
Chunk: 35

Company: HOULIHAN LOKEY, INC.
Filing Date: 2025-07-25
Form: DEF 14A
Chunk 35
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 then a bonus pool would be established equal to 4.0% of our revenue earned during fiscal 2025.

Our actual revenue for fiscal 2025 was $2.39 billion; therefore, the maximum bonus pool established was 4.0% of such amount or $95,576,640. The Compensation Committee was permitted to allocate the bonus pool among the participants, including the named executive officers, in its discretion and was not required to allocate the entire pool.

In determining each named executive officer’s actual aggregate award, the Compensation Committee determined that each executive officer played a significant role in the Company’s strong financial performance during fiscal 2025. In particular, the Committee noted that the executive team led the Company to the highest annual revenue in the Company’s history and successfully completed the integration of 7 Mile Advisors, Triago, Waller Helms Advisors, and Prytania Solutions. As CEO, Mr. Adelson led the Company to its highest annual revenue. In addition to overseeing the successful integration of 7 Mile Advisors and Triago, and the acquisitions of Waller Helms and Prytania Solutions, he was instrumental in managing the growth of our corporate departments (e.g., Finance and Accounting, Information Technology, Legal and Compliance, Marketing, Data & Analytics, and Human Capital) in order to keep pace with the significant growth of the financial staff as a result of acquisitions and organic growth during fiscal 2025. Mr. Beiser spearheaded special projects including identifying and implementing tax strategies for the firm and providing oversight of our Project Solo initiative to improve organizational structure efficiency. Mr. Alley continued to successfully oversee the upgrade of the tax and financial reporting systems of the Company. Mr. Gold successfully developed and managed numerous strategic relationships on behalf of the Company, many of which were important to the Company achieving its highest annual revenue. In addition to his role as Co-Head of Financial Restructuring, Mr. Siegert brought to bear his decades of experience advising companies in various industries and sectors. Mr. Crain led the firm’s efforts to comply with increasingly complex legal and regulatory regimes in the jurisdictions in which the Company operates. The Committee then applied its judgment in determining the incentive awards paid to each NEO under the fiscal 2025 executive officer bonus program. The Compensation Committee approved the payment of the aggregate awards in cash and both time-vesting and performance vesting restricted shares of our Class B common stock, as follows:

| Named Executive Officer |     | Aggregate FY2025 Bonus Program Award ($) |     | Cash