Company: PATH
Filing Date: 2025-05-13
Form Type: DEF 14A
Source: 0001734722-25-000021
Chunk: 35

Company: UiPath, Inc.
Filing Date: 2025-05-13
Form: DEF 14A
Chunk 35
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 to earn his fiscal year 2025 annual bonus.

(3) The dollar value of Mr. Gupta's target bonus opportunity is the amount of the actual base pay earned during fiscal year 2025 multiplied by his new target bonus opportunity %.

#### Executive Bonus Goal Setting
The compensation committee approved the performance metrics for fiscal year 2025 performance-based cash bonus awards for our NEOs at the first quarter compensation committee meeting. The targets against which performance is measured are generated through our annual budget and strategic planning process, which was reviewed with our board of directors. For fiscal year 2025, the compensation committee again determined that the performance goals for our NEOs would be comprised entirely of corporate performance goals. The compensation committee believes that these goals represent rigorous objectives for our NEOs and align with stockholder interests. The NEOs’ fiscal year 2025 performance-based cash bonus awards are tied to the achievement of these goals, as set forth below:

| Fiscal Year 2025 Bonus Plan      |     |            |     |                |     |                               |
| Corporate Performance Metric (1) |     | Payout (%) |     | iARR (2)       |     | Non-GAAP Operating Income (3) |
| Threshold performance            |     | 50%        |     | 60% of target  |     | 70% of target                 |
| Target performance (4)           |     | 100%       |     | 100% of target |     | 100% of target                |
| Maximum performance              |     | 150%       |     | 140% of target |     | 130% of target                |

(1) Payout is linear between threshold and target and linear between target and maximum.

(2) iARR is incremental annualized renewal run-rate. Annualized renewal run-rate ("ARR") is a key performance metric we use in managing our business because it illustrates our ability to acquire new subscription customers and to maintain and expand our relationships with existing subscription customers. We define ARR as annualized invoiced amounts per solution SKU from subscription licenses and maintenance and support obligations assuming no increases or reductions in customers ’ subscriptions. ARR does not include the costs we may incur to obtain such subscription licenses or provide such maintenance and support. ARR also does not reflect nonrecurring rebates payable to partners (upon establishing sufficient history of their nonrecurring nature), the impact of nonrecurring incentives (such as one-time discounts provided under sales promotional programs), and any actual or anticipated reductions in invo