Company: WRBY
Filing Date: 2025-04-28
Form Type: DEF 14A
Source: 0001104659-25-040245
Chunk: 54

Company: Warby Parker Inc.
Filing Date: 2025-04-28
Form: DEF 14A
Chunk 54
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 & Luxury Index, respectively. Historical stock performance is not necessarily indicative of future stock performance. (5) We determined Adjusted EBITDA to be the most important financial performance measure used to link Company performance to Compensation Actually Paid to our Co-PEOs and Non-PEO NEO in 2024. We may determine a different financial performance measure to be the most important financial performance measure in future years. Adjusted EBITDA is defined in Appendix A. Description of Relationship Between Co-PEOs and Other NEO Compensation Actually Paid and Company TSR. The following chart sets forth the relationship between Compensation Actually Paid to our Co-PEOs, the Compensation Actually Paid to our other NEO, and the Company’s cumulative TSR since the Company’s direct listing on September 29, 2021. 38 TABLE OF CONTENTS Description of Relationship Between Co-PEOs and Other NEO Compensation Actually Paid and Net Income The following chart sets forth the relationship between Compensation Actually Paid to our Co-PEOs, the Compensation Actually Paid to our other NEO, and our Net Income during the three most recently completed fiscal years. 39 TABLE OF CONTENTS Description of Relationship Between Co-PEOs and Other NEO Compensation Actually Paid and Adjusted EBITDA The following chart sets forth the relationship between Compensation Actually Paid to our Co-PEOs, the Compensation Actually Paid to our other NEO, and our Adjusted EBITDA during the three most recently completed fiscal years. 40

TABLE OF CONTENTS

Description of Relationship Between Company TSR and Peer Group TSR The following chart compares our cumulative TSR since September 29, 2021, the date of our direct listing, to that of the S&P Apparel, Accessories & Luxury Index over the same period.

**Tabular List of Most Important Financial Performance Measures**

The following table presents the financial performance measures that the Company considers to have been the most important in linking Compensation Actually Paid to our Co-PEOs and other NEO for 2024 to Company performance. The measures in this table are not ranked.

| ​ | ​ | Adjusted EBITDA 
 Net Revenue     
 Stock Price     |     | ​ | ​ |

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DIRECTOR COMPENSATION Non-Employee Director Compensation Policy Non-employee director compensation is set in accordance with our Director Compensation Program, under which our non-employee directors receive cash compensation as follows: ● Each non-employee director receives an annual cash retainer in the amount of $75,000 per year. ● Any lead non-employee director receives an additional