Company: IONQ
Filing Date: 2025-04-28
Form Type: DEF 14A
Source: 0000950170-25-059289
Chunk: 39

Company: IonQ, Inc.
Filing Date: 2025-04-28
Form: DEF 14A
Chunk 39
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-survey data as identified by Meridian. Data on peer group pay practices and policies also were compiled and analyzed by Meridian to inform related decisions by the compensation committee. Competitive Positioning In 2024, our compensation committee continued to compare and analyze our executive compensation program with that of a formal compensation peer group of companies. Executive Compensation Peer Group Prior to February 2024 With respect to 2024 executive compensation decisions prior to February 2024, our compensation committee used a peer group approved in 2024 that considered the following criteria: (i) U.S.-based, publicly-traded, technology companies, with a focus on U.S.-based hardware, software, semiconductor, and IT services companies; (ii) companies with revenues under $200 million; (iii) companies with a market capitalization generally between $600 million and $6 billion, based on IonQ’s average market valuation of approximately $2.5 billion; and (iv) companies with positive revenue growth, with a preference for companies at or above 10% annual revenue growth. As a result, the following group comprised our executive compensation peer group for 2024 executive compensation decisions prior to February 2024:

| A10 Networks    |     | ACM Research  |     | Ambarella     |     | Appian |
| BigCommerce     |     | Desktop Metal |     | Domo          |     | Impinj |
| Jamf            |     | MaxLinear     |     | Model N       |     | nLIGHT |
| Onto Innovation |     | PDF Solutions |     | Ping Identity |     | Repay  |
| SiTime          |     | Sprout Social |     | Sumo Logic    |     | Telos  |
| Tenable         |     |               |     |               |     |        |

Executive Compensation Peer Group Beginning February 2024 With respect to 2024 executive compensation decisions beginning in February 2024, our compensation committee used a peer group approved in 2024 that considered the following criteria: (i) U.S.-listed development-stage companies focused on technology hardware, software, semiconductors, electronic equipment, and IT services; (ii) revenues under $1 billion; and (iii) market capitalization generally between $100 million and $10 billion. Other considerations were proxy advisor peers, number of employees, and on-chip technology. As a result, the following group comprised our executive compensation peer group for 2024 executive compensation decisions beginning in February 2024: