Company: SNPS
Filing Date: 2025-02-14
Form Type: DEF 14A
Source: 0000883241-25-000008
Chunk: 69

Company: SYNOPSYS INC
Filing Date: 2025-02-14
Form: DEF 14A
Chunk 69
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     | No increase.                   |
| Rick Mahoney        |     |                  | 150 |     |                  | 150 |     |                 | — |     | No increase.                   |
| John F. Runkel, Jr. |     |                  |  80 |     |                  |  80 |     |                 | — |     | No increase.                   |

#### 2025 Proxy Statement65
| PROPOSAL 4 — Advisory Vote to Approve Executive Compensation |

#### FISCAL 2024 PERFORMANCE MEASURES
For fiscal 2024, our Compensation Committee selected a mix of performance measures that it believed incentivized our NEOs to focus on sustained performance rather than short-term accomplishments and would contribute to our consistent revenue growth and profitability achievement. The Compensation Committee based the financial goals on the Company’s fiscal 2024 operating plan approved by the Board of Directors. For fiscal 2024, the Compensation Committee removed organizational performance goals to emphasize and focus on advancing our business growth and shareholder value.

The EIP was structured to provide a limited payment opportunity when target performance goals are narrowly missed. We believe this reduces our exposure to excessive risk-taking that can arise with “all or nothing” performance conditions and subjects our NEOs to a higher performance standard when compared to standard industry practice.

| PERFORMANCE GOALS & METRICS                                               |     | RATIONALE                                                                                                                                                                                 |     | IMPACT ON EIP & OTHER KEY FEATURES                                                                                                                                                                                                                        |
| FUNDING THRESHOLD PAYMENT GOAL                                            |     |                                                                                                                                                                                           |     |                                                                                                                                                                                                                                                           |
| Fiscal 2024 Non-GAAP Operating Margin                                     
 (Percentage of Fiscal 2024 Non-GAAP Operating Margin Target)              |     | Establishes the level of performance that must be achieved before any payment can be attained under the EIP.                                                                              
 We do not believe our NEOs should earn a bonus unless Synopsys attains a minimum level of profitability.                                                                                  |     | If the threshold payment goal is achieved, each NEO would be eligible to earn up to 225% of their cash incentive target based on achievement of the goals below and other factors that the Compensation Committee considers relevant, as described above. |
| CORPORATE FINANCIAL PERFORMANCE GOALS                                     |     |                                                                                                                                                                                           |     |                                                                                                                                                                                                                                                           |
| Fiscal 2024 Revenue                                                       |     | Incentivizes revenue growth and rewards efforts to retain customers and expand our business. Weighted at 60% of Corporate Financial Performance Goals to reflect focus