Company: PGYWW
Filing Date: 2025-04-30
Form Type: DEF 14A
Source: 0001883085-25-000066
Chunk: 47

Company: Pagaya Technologies Ltd.
Filing Date: 2025-04-30
Form: DEF 14A
Chunk 47
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 independent registered public accounting firm for the fiscal year ending December 31, 2025 and until the next annual general meeting of shareholders be approved, and that the Board, upon recommendation of the audit committee, be authorized to fix the remuneration of said independent registered public accounting firm in accordance with the volume and nature of their services.” Vote Required The affirmative vote of an Ordinary Majority is required to adopt the foregoing resolution. Abstentions and broker non-votes are not considered to be votes cast and, accordingly, will have no effect on the outcome of the vote on this proposal. Board Recommendation THE BOARD OF DIRECTORS RECOMMENDS A VOTE “ FOR ” THE ADOPTION OF THE FOREGOING RESOLUTION. 29

<div align='center'>PROPOSAL 3: APPROVAL OF THE FRAMEWORK FOR THE 2025 BONUSES FOR OUR EXECUTIVE OFFICERS WHO ARE ALSO DIRECTORS</div>

#### Background
At the Annual Meeting, shareholders are being asked to approve the below framework for calculating 2025 cash bonuses for our Chief Executive Officer, Chief Technology Officer, Chief Business Officer and Chief Development Officer (collectively, our “

#### Management Directors
”). In particular, the Board of Directors proposes that the Company performance portion of the short term incentive framework for the Management Directors shall be based on three key performance indicators that the Company uses to measure its overall performance: Total Revenue and Other Income, GAAP Net Income and Adjusted EBITDA. Each of these metrics are described in the Company’s SEC filings. The inclusion of GAAP Net Income as a metric to measure overall performance highlights the Company's focus on driving profitable growth and commitment to financial and operating discipline. An individual multiplier, based on individual executive performance, is then applied to determine the final short term incentive payable to the executive.

In calculating the bonuses for our Management Directors in 2025, the Board recommends utilizing a formula for the Company performance portion of the award that assigns Total Revenue and Other Income a weighting of 30%, GAAP Net Income a weighting of 25%, and Adjusted EBITDA a weighting of 45%. The Board further recommends that ultimate payouts be adjusted, in part, by a Company performance multiplier, which shall adjust the Company performance portion of a Management Director’s target bonus under the 2025 Short Term Incentive Program to reflect payout levels varying from 0% to 300% for any given metric, depending on the Company’s performance with respect to such metric. In no event will the multiplier