Company: CRAI
Filing Date: 2025-04-25
Form Type: DEF 14A
Source: 0001104659-25-039429
Chunk: 77

Company: CRA INTERNATIONAL, INC.
Filing Date: 2025-04-25
Form: DEF 14A
Chunk 77
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2/2023 PRSUs, the 2023/2024 PRSUs and the 2024/2025 PRSUs based on target performance as of the termination date; as further described in this proxy statement above under the heading “Compensation of Directors and Executive Officers— Compensation discussion and analysis—Executive officer compensation—Option exercises and vesting of stock,” on March 3, 2025, our compensation committee determined the number of shares of

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TABLE OF CONTENTS

common stock, or “performance share number,” that vested for the 2023/2024 PRSUs. Any PRSU or portion thereof that does not vest based on actual performance during the performance period shall be immediately forfeited and cancelled. The value of this acceleration was determined based on the closing market price of our common stock on December 27, 2024, the last business day of fiscal 2024, of $186.84. CEO Pay Ratio As required by Section 953(b) of the Dodd-Frank Wall Street Reform and Consumer Protection Act, and Item 402(u) of Regulation S-K, we are providing the following information about the relationship of the annual total compensation of our “median employee” and the annual total compensation of Mr. Maleh, our president, chief executive officer and chairman of the board, for fiscal 2024. In accordance with Item 402(u) of Regulation S-K, because there has been no change in our employee population or employee compensation arrangements during our last completed fiscal year that we reasonably believe would result in a significant change to our pay ratio disclosure, we are permitted to utilize the same median employee that we identified in fiscal 2023 to calculate our pay ratio for fiscal year 2024. Because our original median employee is no longer employed by the Company, we are permitted to identify another employee whose compensation is substantially similar to the original median employee, as disclosed in our fiscal 2023 proxy statement and as further described below. For 2024, our last completed fiscal year: • the annual total compensation of Mr. Maleh was $4,190,131; and • the annual total compensation of our median employee was $176,644. Based on the foregoing, for fiscal 2024, the ratio of the annual total compensation of our chief executive officer to the annual total compensation of our median employee, as reasonably estimated in accordance with Item 402(u) of Regulation S-K, was 24 to 1. When we identified our median employee for fiscal