0001736946 2025-01-01 2025-12-31 0001736946 2024-01-01 2024-12-31 0001736946 2023-01-01 2023-12-31 0001736946 2022-01-01 2022-12-31 0001736946 2021-01-01 2021-12-31 0001736946 ecd:EqtyAwrdsInSummryCompstnTblForAplblYrMember ecd:PeoMember 2025-01-01 2025-12-31 0001736946 ecd:YrEndFrValOfEqtyAwrdsGrntdInCvrdYrOutsdngAndUnvstdMember ecd:PeoMember 2025-01-01 2025-12-31 0001736946 ecd:VstngDtFrValOfEqtyAwrdsGrntdAndVstdInCvrdYrMember ecd:PeoMember 2025-01-01 2025-12-31 0001736946 ecd:ChngInFrValOfOutsdngAndUnvstdEqtyAwrdsGrntdInPrrYrsMember ecd:PeoMember 2025-01-01 2025-12-31 0001736946 ecd:ChngInFrValAsOfVstngDtOfPrrYrEqtyAwrdsVstdInCvrdYrMember ecd:PeoMember 2025-01-01 2025-12-31 0001736946 ecd:FrValAsOfPrrYrEndOfEqtyAwrdsGrntdInPrrYrsFldVstngCondsDrngCvrdYrMember ecd:PeoMember 2025-01-01 2025-12-31 0001736946 ecd:EqtyAwrdsInSummryCompstnTblForAplblYrMember ecd:NonPeoNeoMember 2025-01-01 2025-12-31 0001736946 ecd:YrEndFrValOfEqtyAwrdsGrntdInCvrdYrOutsdngAndUnvstdMember ecd:NonPeoNeoMember 2025-01-01 2025-12-31 0001736946 ecd:VstngDtFrValOfEqtyAwrdsGrntdAndVstdInCvrdYrMember ecd:NonPeoNeoMember 2025-01-01 2025-12-31 0001736946 ecd:ChngInFrValOfOutsdngAndUnvstdEqtyAwrdsGrntdInPrrYrsMember ecd:NonPeoNeoMember 2025-01-01 2025-12-31 0001736946 ecd:ChngInFrValAsOfVstngDtOfPrrYrEqtyAwrdsVstdInCvrdYrMember ecd:NonPeoNeoMember 2025-01-01 2025-12-31 0001736946 ecd:FrValAsOfPrrYrEndOfEqtyAwrdsGrntdInPrrYrsFldVstngCondsDrngCvrdYrMember ecd:NonPeoNeoMember 2025-01-01 2025-12-31 0001736946 1 2025-01-01 2025-12-31 0001736946 2 2025-01-01 2025-12-31 0001736946 3 2025-01-01 2025-12-31 iso4217:USD ARLO TECHNOLOGIES, INC. true <div class="BRDSX_h4" style="color: #022953; font-family: Arial, Helvetica, sans-serif; font-size: 10pt; font-style: italic; margin-top: 14pt; margin-left: 0pt; text-align: left;">Policies and Practices Related to the Grant of Certain Equity Awards Close in Time to the Release of Material Nonpublic Information </div><div class="BRDSX_fpara" style="color: #000000; font-family: Arial, Helvetica, sans-serif; font-size: 10pt; margin-top: 8pt; margin-left: 0pt; text-align: left;">While we have granted stock options to employees in the past, including to some of our named executive officers, we do not currently (and in 2025 did not) grant stock options, stock appreciation rights, or similar instruments with option-like features. The Compensation and Human Capital Committee generally does not take material nonpublic information into account when determining the timing of equity awards and it does not seek to time the award of equity awards in relation to our public disclosure of material nonpublic information. We have not timed the release of material nonpublic information for the purpose of affecting the value of executive compensation. </div> The Compensation and Human Capital Committee generally does not take material nonpublic information into account when determining the timing of equity awards and it does not seek to time the award of equity awards in relation to our public disclosure of material nonpublic information. We have not timed the release of material nonpublic information for the purpose of affecting the value of executive compensation. false false <div class="BRDSX_h2" style="color: #022953; font-family: Arial, Helvetica, sans-serif; font-size: 13pt; font-weight: bold; margin-top: 8.75pt; margin-left: 0pt; text-align: left;">Pay Versus Performance </div><div class="BRDSX_fpara" style="color: #000000; font-family: Arial, Helvetica, sans-serif; font-size: 10pt; margin-top: 8pt; margin-left: 0pt; text-align: left;">The disclosure included in this section is prescribed by SEC rules and does not necessarily align with how the Company or the Compensation and Human Capital Committee view the link between the Company’s performance and named executive officer pay. For additional information about our pay-for-performance philosophy and how we align executive compensation with Company performance, refer to the Compensation Discussion and Analysis. </div><div class="BRDSX_h4" style="color: #022953; font-family: Arial, Helvetica, sans-serif; font-size: 10pt; font-style: italic; margin-top: 14.5pt; margin-left: 0pt; text-align: left;">Required Tabular Disclosure of Pay Versus Performance </div><div class="BRDSX_fpara" style="color: #000000; font-family: Arial, Helvetica, sans-serif; font-size: 10pt; margin-top: 8pt; margin-left: 0pt; text-align: left;">The following table reports the compensation of our principal executive officer (“PEO”) and the average compensation of the other named executive officers (“NEO”) as disclosed in the Summary Compensation Table (“SCT”) for the past four fiscal years, as well as their “compensation actually paid,” as defined and calculated pursuant to Item 402(v) of Regulation S-K, and certain performance measures required by the rules. The table also provides information on our cumulative TSR, the cumulative TSR of our peer group, net income (loss), and adjusted EBITDA. Use of the term “compensation actually paid” (“CAP”) is required by the SEC’s rules and as a result of the calculation methodology required by the SEC, such amounts differ from compensation actually received by the individuals and the compensation decisions described in the “Compensation Discussion and Analysis” section above. </div><table cellpadding="0" class="BRDSX_fintab" style="border-spacing: 0; border-bottom: 3pt solid #022953; width: 528pt; margin-left: auto; margin-right: auto;"><tr class="BRDSX_boxspacer"><td style="height: 6pt; width: 3pt; background-color: #022953;"><div style="font-size: 1pt;"> </div></td><td style="height: 6pt; width: 48pt; background-color: #022953;"><div style="font-size: 1pt;"> </div></td><td style="height: 6pt; width: 4.85pt; background-color: #022953;"><div style="font-size: 1pt;"> </div></td><td style="height: 6pt; width: 4.85pt; background-color: #022953;"><div style="font-size: 1pt;"> </div></td><td style="height: 6pt; width: 49.3pt; background-color: #022953;"><div style="font-size: 1pt;"> </div></td><td style="height: 6pt; width: 4.85pt; background-color: #022953;"><div style="font-size: 1pt;"> </div></td><td style="height: 6pt; width: 4.85pt; background-color: #022953;"><div style="font-size: 1pt;"> </div></td><td style="height: 6pt; width: 50.21pt; background-color: #022953;"><div style="font-size: 1pt;"> </div></td><td style="height: 6pt; width: 4.85pt; background-color: #022953;"><div style="font-size: 1pt;"> </div></td><td style="height: 6pt; width: 4.85pt; background-color: #022953;"><div style="font-size: 1pt;"> </div></td><td style="height: 6pt; width: 51.03pt; background-color: #022953;"><div style="font-size: 1pt;"> </div></td><td style="height: 6pt; width: 4.85pt; background-color: #022953;"><div style="font-size: 1pt;"> </div></td><td style="height: 6pt; width: 4.85pt; background-color: #022953;"><div style="font-size: 1pt;"> </div></td><td style="height: 6pt; width: 58pt; background-color: #022953;"><div style="font-size: 1pt;"> </div></td><td style="height: 6pt; width: 4.85pt; background-color: #022953;"><div style="font-size: 1pt;"> </div></td><td style="height: 6pt; width: 4.85pt; background-color: #022953;"><div style="font-size: 1pt;"> </div></td><td colspan="4" style="height: 6pt; width: 91.49pt; background-color: #022953;"><div style="font-size: 1pt;"> </div></td><td style="height: 6pt; width: 4.85pt; background-color: #022953;"><div style="font-size: 1pt;"> </div></td><td style="height: 6pt; width: 4.85pt; background-color: #022953;"><div style="font-size: 1pt;"> </div></td><td style="height: 6pt; width: 49.55pt; background-color: #022953;"><div style="font-size: 1pt;"> </div></td><td style="height: 6pt; width: 4.85pt; background-color: #022953;"><div style="font-size: 1pt;"> </div></td><td style="height: 6pt; width: 4.85pt; background-color: #022953;"><div style="font-size: 1pt;"> </div></td><td style="height: 6pt; width: 56.52pt; background-color: #022953;"><div style="font-size: 1pt;"> </div></td><td style="height: 6pt; width: 3pt; background-color: #022953;"><div style="font-size: 1pt;"> </div></td></tr><tr class="BRDSX_header"><td style="width: 3pt; background-color: #022953;"><div style="font-size: 1pt;"> </div></td><td style="width: 48pt; padding-bottom: 2.75pt; text-align: left; vertical-align: bottom; background-color: #022953;"><div class="BRDSX_fpara" style="color: #FFFFFF; font-family: Arial, Helvetica, sans-serif; font-size: 9pt; font-weight: bold; margin-top: 0pt; margin-left: 1.5pt; text-align: left;"> </div></td><td style="width: 4.85pt; background-color: #022953;"><div style="font-size: 1pt;"> </div></td><td style="width: 4.85pt; background-color: #022953;"><div style="font-size: 1pt;"> </div></td><td style="width: 49.3pt; padding-bottom: 2.75pt; text-align: left; vertical-align: bottom; background-color: #022953;"><div class="BRDSX_fpara" style="color: #FFFFFF; font-family: Arial, Helvetica, sans-serif; font-size: 9pt; font-weight: bold; margin-top: 0pt; text-align: center;"> </div></td><td style="width: 4.85pt; background-color: #022953;"><div style="font-size: 1pt;"> </div></td><td style="width: 4.85pt; background-color: #022953;"><div style="font-size: 1pt;"> </div></td><td style="width: 50.21pt; padding-bottom: 2.75pt; text-align: left; vertical-align: bottom; background-color: #022953;"><div class="BRDSX_fpara" style="color: #FFFFFF; font-family: Arial, Helvetica, sans-serif; font-size: 9pt; font-weight: bold; margin-top: 0pt; text-align: center;"> </div></td><td style="width: 4.85pt; background-color: #022953;"><div style="font-size: 1pt;"> </div></td><td style="width: 4.85pt; background-color: #022953;"><div style="font-size: 1pt;"> </div></td><td style="width: 51.03pt; padding-bottom: 2.75pt; text-align: left; vertical-align: bottom; background-color: #022953;"><div class="BRDSX_fpara" style="color: #FFFFFF; font-family: Arial, Helvetica, sans-serif; font-size: 9pt; font-weight: bold; margin-top: 0pt; text-align: center;"> </div></td><td style="width: 4.85pt; background-color: #022953;"><div style="font-size: 1pt;"> </div></td><td style="width: 4.85pt; background-color: #022953;"><div style="font-size: 1pt;"> </div></td><td style="width: 58pt; padding-bottom: 2.75pt; text-align: left; vertical-align: bottom; background-color: #022953;"><div class="BRDSX_fpara" style="color: #FFFFFF; font-family: Arial, Helvetica, sans-serif; font-size: 9pt; font-weight: bold; margin-top: 0pt; text-align: center;"> </div></td><td style="width: 4.85pt; background-color: #022953;"><div style="font-size: 1pt;"> </div></td><td style="width: 4.85pt; background-color: #022953; border-bottom: none;"><div style="font-size: 1pt;"> </div></td><td colspan="4" style="width: 91.49pt; padding-bottom: 2.75pt; text-align: left; vertical-align: bottom; background-color: #022953; border-bottom: 1pt solid #FFFFFF;"><div class="BRDSX_fpara" style="color: #FFFFFF; font-family: Arial, Helvetica, sans-serif; font-size: 8pt; font-weight: bold; margin-top: 0pt; white-space: nowrap; text-align: center;">Value of initial fixed $100 <br/></div><div class="BRDSX_fpara" style="color: #FFFFFF; font-family: Arial, Helvetica, sans-serif; font-size: 8pt; font-weight: bold; margin-top: 0pt; white-space: nowrap; text-align: center;">investment based on:</div></td><td style="width: 4.85pt; background-color: #022953; border-bottom: none;"><div style="font-size: 1pt;"> </div></td><td style="width: 4.85pt; background-color: #022953;"><div style="font-size: 1pt;"> </div></td><td style="width: 49.55pt; padding-bottom: 2.75pt; text-align: left; vertical-align: bottom; background-color: #022953;"><div class="BRDSX_fpara" style="color: #FFFFFF; font-family: Arial, Helvetica, sans-serif; font-size: 9pt; font-weight: bold; margin-top: 0pt; text-align: center;"> </div></td><td style="width: 4.85pt; background-color: #022953;"><div style="font-size: 1pt;"> </div></td><td style="width: 4.85pt; background-color: #022953;"><div style="font-size: 1pt;"> </div></td><td style="width: 56.52pt; padding-bottom: 2.75pt; text-align: left; vertical-align: bottom; background-color: #022953;"><div class="BRDSX_fpara" style="color: #FFFFFF; font-family: Arial, Helvetica, sans-serif; font-size: 9pt; font-weight: bold; margin-top: 0pt; text-align: center;"> </div></td><td style="width: 3pt; background-color: #022953;"><div style="font-size: 1pt;"> </div></td></tr><tr class="BRDSX_header"><td style="width: 3pt; background-color: #022953;"><div style="font-size: 1pt;"> </div></td><td style="width: 48pt; padding-top: 2.52pt; padding-bottom: 3.13pt; text-align: left; vertical-align: bottom; background-color: #022953;"><div class="BRDSX_fpara" style="color: #FFFFFF; font-family: Arial, Helvetica, sans-serif; font-size: 8pt; font-weight: bold; margin-top: 0pt; margin-left: 1.5pt; text-align: left;">Year⁽¹⁾</div></td><td style="width: 4.85pt; background-color: #022953;"><div style="font-size: 1pt;"> </div></td><td style="width: 4.85pt; background-color: #022953;"><div style="font-size: 1pt;"> </div></td><td style="width: 49.3pt; padding-top: 2.52pt; padding-bottom: 3.13pt; text-align: left; vertical-align: bottom; background-color: #022953;"><div class="BRDSX_fpara" style="color: #FFFFFF; font-family: Arial, Helvetica, sans-serif; font-size: 8pt; font-weight: bold; margin-top: 0pt; text-align: center;">Summary <br/></div><div class="BRDSX_fpara" style="color: #FFFFFF; font-family: Arial, Helvetica, sans-serif; font-size: 8pt; font-weight: bold; margin-top: 0pt; text-align: center;">compensation <br/></div><div class="BRDSX_fpara" style="color: #FFFFFF; font-family: Arial, Helvetica, sans-serif; font-size: 8pt; font-weight: bold; margin-top: 0pt; text-align: center;">table total for <br/></div><div class="BRDSX_fpara" style="color: #FFFFFF; font-family: Arial, Helvetica, sans-serif; font-size: 8pt; font-weight: bold; margin-top: 0pt; text-align: center;">PEO</div></td><td style="width: 4.85pt; background-color: #022953;"><div style="font-size: 1pt;"> </div></td><td style="width: 4.85pt; background-color: #022953;"><div style="font-size: 1pt;"> </div></td><td style="width: 50.21pt; padding-top: 2.52pt; padding-bottom: 3.13pt; text-align: left; vertical-align: bottom; background-color: #022953;"><div class="BRDSX_fpara" style="color: #FFFFFF; font-family: Arial, Helvetica, sans-serif; font-size: 8pt; font-weight: bold; margin-top: 0pt; text-align: center;">Compensation <br/></div><div class="BRDSX_fpara" style="color: #FFFFFF; font-family: Arial, Helvetica, sans-serif; font-size: 8pt; font-weight: bold; margin-top: 0pt; text-align: center;">actually paid <br/></div><div class="BRDSX_fpara" style="color: #FFFFFF; font-family: Arial, Helvetica, sans-serif; font-size: 8pt; font-weight: bold; margin-top: 0pt; text-align: center;">to PEO⁽²⁾</div></td><td style="width: 4.85pt; background-color: #022953;"><div style="font-size: 1pt;"> </div></td><td style="width: 4.85pt; background-color: #022953;"><div style="font-size: 1pt;"> </div></td><td style="width: 51.03pt; padding-top: 2.52pt; padding-bottom: 3.13pt; text-align: left; vertical-align: bottom; background-color: #022953;"><div class="BRDSX_fpara" style="color: #FFFFFF; font-family: Arial, Helvetica, sans-serif; font-size: 8pt; font-weight: bold; margin-top: 0pt; white-space: nowrap; text-align: center;">Average SCT <br/></div><div class="BRDSX_fpara" style="color: #FFFFFF; font-family: Arial, Helvetica, sans-serif; font-size: 8pt; font-weight: bold; margin-top: 0pt; white-space: nowrap; text-align: center;">total for <br/></div><div class="BRDSX_fpara" style="color: #FFFFFF; font-family: Arial, Helvetica, sans-serif; font-size: 8pt; font-weight: bold; margin-top: 0pt; white-space: nowrap; text-align: center;">Non-PEO NEOs</div></td><td style="width: 4.85pt; background-color: #022953;"><div style="font-size: 1pt;"> </div></td><td style="width: 4.85pt; background-color: #022953;"><div style="font-size: 1pt;"> </div></td><td style="width: 58pt; padding-top: 2.52pt; padding-bottom: 3.13pt; text-align: left; vertical-align: bottom; background-color: #022953;"><div class="BRDSX_fpara" style="color: #FFFFFF; font-family: Arial, Helvetica, sans-serif; font-size: 8pt; font-weight: bold; margin-top: 0pt; white-space: nowrap; text-align: center;">Average <br/></div><div class="BRDSX_fpara" style="color: #FFFFFF; font-family: Arial, Helvetica, sans-serif; font-size: 8pt; font-weight: bold; margin-top: 0pt; white-space: nowrap; text-align: center;">compensation <br/></div><div class="BRDSX_fpara" style="color: #FFFFFF; font-family: Arial, Helvetica, sans-serif; font-size: 8pt; font-weight: bold; margin-top: 0pt; white-space: nowrap; text-align: center;">actually paid to <br/></div><div class="BRDSX_fpara" style="color: #FFFFFF; font-family: Arial, Helvetica, sans-serif; font-size: 8pt; font-weight: bold; margin-top: 0pt; white-space: nowrap; text-align: center;">Non-PEO NEOs⁽²⁾</div></td><td style="width: 4.85pt; background-color: #022953;"><div style="font-size: 1pt;"> </div></td><td style="width: 4.85pt; background-color: #022953;"><div style="font-size: 1pt;"> </div></td><td style="width: 34.34pt; padding-top: 2.52pt; padding-bottom: 3.13pt; text-align: left; vertical-align: bottom; background-color: #022953;"><div class="BRDSX_fpara" style="color: #FFFFFF; font-family: Arial, Helvetica, sans-serif; font-size: 8pt; font-weight: bold; margin-top: 0pt; white-space: nowrap; text-align: center;">Arlo <br/></div><div class="BRDSX_fpara" style="color: #FFFFFF; font-family: Arial, Helvetica, sans-serif; font-size: 8pt; font-weight: bold; margin-top: 0pt; white-space: nowrap; text-align: center;">TSR⁽³⁾</div></td><td style="width: 4.85pt; background-color: #022953;"><div style="font-size: 1pt;"> </div></td><td style="width: 4.85pt; background-color: #022953;"><div style="font-size: 1pt;"> </div></td><td style="width: 47.45pt; padding-top: 2.52pt; padding-bottom: 3.13pt; text-align: left; vertical-align: bottom; background-color: #022953;"><div class="BRDSX_fpara" style="color: #FFFFFF; font-family: Arial, Helvetica, sans-serif; font-size: 8pt; font-weight: bold; margin-top: 0pt; text-align: center;">Peer group <br/></div><div class="BRDSX_fpara" style="color: #FFFFFF; font-family: Arial, Helvetica, sans-serif; font-size: 8pt; font-weight: bold; margin-top: 0pt; text-align: center;">TSR⁽³⁾</div></td><td style="width: 4.85pt; background-color: #022953;"><div style="font-size: 1pt;"> </div></td><td style="width: 4.85pt; background-color: #022953;"><div style="font-size: 1pt;"> </div></td><td style="width: 49.55pt; padding-top: 2.52pt; padding-bottom: 3.13pt; text-align: left; vertical-align: bottom; background-color: #022953;"><div class="BRDSX_fpara" style="color: #FFFFFF; font-family: Arial, Helvetica, sans-serif; font-size: 8pt; font-weight: bold; margin-top: 0pt; white-space: nowrap; text-align: center;">Net income <br/></div><div class="BRDSX_fpara" style="color: #FFFFFF; font-family: Arial, Helvetica, sans-serif; font-size: 8pt; font-weight: bold; margin-top: 0pt; white-space: nowrap; text-align: center;">(loss)<br/></div><div class="BRDSX_fpara" style="color: #FFFFFF; font-family: Arial, Helvetica, sans-serif; font-size: 8pt; font-weight: bold; margin-top: 0pt; white-space: nowrap; text-align: center;">(in thousands)</div></td><td style="width: 4.85pt; background-color: #022953;"><div style="font-size: 1pt;"> </div></td><td style="width: 4.85pt; background-color: #022953;"><div style="font-size: 1pt;"> </div></td><td style="width: 56.52pt; padding-top: 2.52pt; padding-bottom: 3.13pt; text-align: left; vertical-align: bottom; background-color: #022953;"><div class="BRDSX_fpara" style="color: #FFFFFF; font-family: Arial, Helvetica, sans-serif; font-size: 8pt; font-weight: bold; margin-top: 0pt; white-space: nowrap; text-align: center;">Adjusted <br/></div><div class="BRDSX_fpara" style="color: #FFFFFF; font-family: Arial, Helvetica, sans-serif; font-size: 8pt; font-weight: bold; margin-top: 0pt; white-space: nowrap; text-align: center;">EBITDA<br/></div><div class="BRDSX_fpara" style="color: #FFFFFF; font-family: Arial, Helvetica, sans-serif; font-size: 8pt; font-weight: bold; margin-top: 0pt; white-space: nowrap; text-align: center;">(in thousands)⁽⁴⁾ </div></td><td style="width: 3pt; background-color: #022953;"><div style="font-size: 1pt;"> </div></td></tr><tr><td style="width: 3pt; border-bottom: 1pt solid #022953; background-color: #CCD5DF;"><div style="font-size: 1pt;"> </div></td><td style="width: 48pt; padding-top: 2.9pt; padding-bottom: 2.88pt; text-align: left; vertical-align: bottom; background-color: #CCD5DF; border-bottom: 1pt solid #022953;"><div class="BRDSX_fpara" style="color: #000000; font-family: Arial, Helvetica, sans-serif; font-size: 8pt; margin-top: 0pt; margin-left: 1.5pt; text-align: left;">2025</div></td><td style="width: 4.85pt; background-color: #CCD5DF; border-bottom: 1pt solid #022953;"><div style="font-size: 1pt;"> </div></td><td style="width: 4.85pt; background-color: #CCD5DF; border-bottom: 1pt solid #022953;"><div style="font-size: 1pt;"> </div></td><td style="width: 49.3pt; padding-top: 2.9pt; padding-bottom: 2.88pt; text-align: center; vertical-align: bottom; background-color: #CCD5DF; white-space: nowrap; border-bottom: 1pt solid #022953;"><div class="BRDSX_fpara" style="color: #000000; font-family: Arial, Helvetica, sans-serif; font-size: 8pt; margin-top: 0pt; margin-left: 5.66pt; text-align: left;">$<span style="padding-left: 4.5pt;">7,358,402</span></div></td><td style="width: 4.85pt; background-color: #CCD5DF; border-bottom: 1pt solid #022953;"><div style="font-size: 1pt;"> </div></td><td style="width: 4.85pt; background-color: #CCD5DF; border-bottom: 1pt solid #022953;"><div style="font-size: 1pt;"> </div></td><td style="width: 50.21pt; padding-top: 2.9pt; padding-bottom: 2.88pt; text-align: center; vertical-align: bottom; background-color: #CCD5DF; white-space: nowrap; border-bottom: 1pt solid #022953;"><div class="BRDSX_fpara" style="color: #000000; font-family: Arial, Helvetica, sans-serif; font-size: 8pt; margin-top: 0pt; margin-left: 6.12pt; text-align: left;">$20,816,002</div></td><td style="width: 4.85pt; background-color: #CCD5DF; border-bottom: 1pt solid #022953;"><div style="font-size: 1pt;"> </div></td><td style="width: 4.85pt; background-color: #CCD5DF; border-bottom: 1pt solid #022953;"><div style="font-size: 1pt;"> </div></td><td style="width: 51.03pt; padding-top: 2.9pt; padding-bottom: 2.88pt; text-align: center; vertical-align: bottom; background-color: #CCD5DF; white-space: nowrap; border-bottom: 1pt solid #022953;"><div class="BRDSX_fpara" style="color: #000000; font-family: Arial, Helvetica, sans-serif; font-size: 8pt; margin-top: 0pt; margin-left: 8.44pt; text-align: left;">$3,313,152</div></td><td style="width: 4.85pt; background-color: #CCD5DF; border-bottom: 1pt solid #022953;"><div style="font-size: 1pt;"> </div></td><td style="width: 4.85pt; background-color: #CCD5DF; border-bottom: 1pt solid #022953;"><div style="font-size: 1pt;"> </div></td><td style="width: 58pt; padding-top: 2.9pt; padding-bottom: 2.88pt; text-align: center; vertical-align: bottom; background-color: #CCD5DF; white-space: nowrap; border-bottom: 1pt solid #022953;"><div class="BRDSX_fpara" style="color: #000000; font-family: Arial, Helvetica, sans-serif; font-size: 8pt; margin-top: 0pt; margin-left: 10.01pt; text-align: left;">$<span style="padding-left: 3.9pt;">6,049,638</span></div></td><td style="width: 4.85pt; background-color: #CCD5DF; border-bottom: 1pt solid #022953;"><div style="font-size: 1pt;"> </div></td><td style="width: 4.85pt; background-color: #CCD5DF; border-bottom: 1pt solid #022953;"><div style="font-size: 1pt;"> </div></td><td style="width: 34.34pt; padding-top: 2.9pt; padding-bottom: 2.88pt; text-align: center; vertical-align: bottom; background-color: #CCD5DF; white-space: nowrap; border-bottom: 1pt solid #022953;"><div class="BRDSX_fpara" style="color: #000000; font-family: Arial, Helvetica, sans-serif; font-size: 8pt; margin-top: 0pt; margin-left: 4.81pt; text-align: left;">$179.59</div></td><td style="width: 4.85pt; background-color: #CCD5DF; border-bottom: 1pt solid #022953;"><div style="font-size: 1pt;"> </div></td><td style="width: 4.85pt; background-color: #CCD5DF; border-bottom: 1pt solid #022953;"><div style="font-size: 1pt;"> </div></td><td style="width: 47.45pt; padding-top: 2.9pt; padding-bottom: 2.88pt; text-align: center; vertical-align: bottom; background-color: #CCD5DF; white-space: nowrap; border-bottom: 1pt solid #022953;"><div class="BRDSX_fpara" style="color: #000000; font-family: Arial, Helvetica, sans-serif; font-size: 8pt; margin-top: 0pt; margin-left: 11.36pt; text-align: left;">$138.92</div></td><td style="width: 4.85pt; background-color: #CCD5DF; border-bottom: 1pt solid #022953;"><div style="font-size: 1pt;"> </div></td><td style="width: 4.85pt; background-color: #CCD5DF; border-bottom: 1pt solid #022953;"><div style="font-size: 1pt;"> </div></td><td style="width: 49.55pt; padding-top: 2.9pt; padding-bottom: 2.88pt; text-align: center; vertical-align: bottom; background-color: #CCD5DF; white-space: nowrap; border-bottom: 1pt solid #022953;"><div class="BRDSX_fpara" style="color: #000000; font-family: Arial, Helvetica, sans-serif; font-size: 8pt; margin-top: 0pt; margin-left: 11.3pt; text-align: left;">$<span style="padding-left: 2.7pt;">14,926</span></div></td><td style="width: 4.85pt; background-color: #CCD5DF; border-bottom: 1pt solid #022953;"><div style="font-size: 1pt;"> </div></td><td style="width: 4.85pt; background-color: #CCD5DF; border-bottom: 1pt solid #022953;"><div style="font-size: 1pt;"> </div></td><td style="width: 56.52pt; padding-top: 2.9pt; padding-bottom: 2.88pt; text-align: center; vertical-align: bottom; background-color: #CCD5DF; white-space: nowrap; border-bottom: 1pt solid #022953;"><div class="BRDSX_fpara" style="color: #000000; font-family: Arial, Helvetica, sans-serif; font-size: 8pt; margin-top: 0pt; margin-left: 15.9pt; text-align: left;">$74,749 </div></td><td style="width: 3pt; border-bottom: 1pt solid #022953; background-color: #CCD5DF;"><div style="font-size: 1pt;"> </div></td></tr><tr><td style="width: 3pt; border-bottom: 1pt solid #022953;"><div style="font-size: 1pt;"> </div></td><td style="width: 48pt; padding-top: 2.65pt; padding-bottom: 2.88pt; text-align: left; vertical-align: bottom; border-bottom: 1pt solid #022953;"><div class="BRDSX_fpara" style="color: #000000; font-family: Arial, Helvetica, sans-serif; font-size: 8pt; margin-top: 0pt; margin-left: 1.5pt; text-align: left;">2024</div></td><td style="width: 4.85pt; border-bottom: 1pt solid #022953;"><div style="font-size: 1pt;"> </div></td><td style="width: 4.85pt; border-bottom: 1pt solid #022953;"><div style="font-size: 1pt;"> </div></td><td style="width: 49.3pt; padding-top: 2.65pt; padding-bottom: 2.88pt; text-align: center; vertical-align: bottom; white-space: nowrap; border-bottom: 1pt solid #022953;"><div class="BRDSX_fpara" style="color: #000000; font-family: Arial, Helvetica, sans-serif; font-size: 8pt; margin-top: 0pt; margin-left: 5.66pt; text-align: left;">$23,268,296</div></td><td style="width: 4.85pt; border-bottom: 1pt solid #022953;"><div style="font-size: 1pt;"> </div></td><td style="width: 4.85pt; border-bottom: 1pt solid #022953;"><div style="font-size: 1pt;"> </div></td><td style="width: 50.21pt; padding-top: 2.65pt; padding-bottom: 2.88pt; text-align: center; vertical-align: bottom; white-space: nowrap; border-bottom: 1pt solid #022953;"><div class="BRDSX_fpara" style="color: #000000; font-family: Arial, Helvetica, sans-serif; font-size: 8pt; margin-top: 0pt; margin-left: 6.12pt; text-align: left;">$41,102,735</div></td><td style="width: 4.85pt; border-bottom: 1pt solid #022953;"><div style="font-size: 1pt;"> </div></td><td style="width: 4.85pt; border-bottom: 1pt solid #022953;"><div style="font-size: 1pt;"> </div></td><td style="width: 51.03pt; padding-top: 2.65pt; padding-bottom: 2.88pt; text-align: center; vertical-align: bottom; white-space: nowrap; border-bottom: 1pt solid #022953;"><div class="BRDSX_fpara" style="color: #000000; font-family: Arial, Helvetica, sans-serif; font-size: 8pt; margin-top: 0pt; margin-left: 8.44pt; text-align: left;">$6,600,417</div></td><td style="width: 4.85pt; border-bottom: 1pt solid #022953;"><div style="font-size: 1pt;"> </div></td><td style="width: 4.85pt; border-bottom: 1pt solid #022953;"><div style="font-size: 1pt;"> </div></td><td style="width: 58pt; padding-top: 2.65pt; padding-bottom: 2.88pt; text-align: center; vertical-align: bottom; white-space: nowrap; border-bottom: 1pt solid #022953;"><div class="BRDSX_fpara" style="color: #000000; font-family: Arial, Helvetica, sans-serif; font-size: 8pt; margin-top: 0pt; margin-left: 10.01pt; text-align: left;">$11,016,997</div></td><td style="width: 4.85pt; border-bottom: 1pt solid #022953;"><div style="font-size: 1pt;"> </div></td><td style="width: 4.85pt; border-bottom: 1pt solid #022953;"><div style="font-size: 1pt;"> </div></td><td style="width: 34.34pt; padding-top: 2.65pt; padding-bottom: 2.88pt; text-align: center; vertical-align: bottom; white-space: nowrap; border-bottom: 1pt solid #022953;"><div class="BRDSX_fpara" style="color: #000000; font-family: Arial, Helvetica, sans-serif; font-size: 8pt; margin-top: 0pt; margin-left: 4.81pt; text-align: left;">$143.65</div></td><td style="width: 4.85pt; border-bottom: 1pt solid #022953;"><div style="font-size: 1pt;"> </div></td><td style="width: 4.85pt; border-bottom: 1pt solid #022953;"><div style="font-size: 1pt;"> </div></td><td style="width: 47.45pt; padding-top: 2.65pt; padding-bottom: 2.88pt; text-align: center; vertical-align: bottom; white-space: nowrap; border-bottom: 1pt solid #022953;"><div class="BRDSX_fpara" style="color: #000000; font-family: Arial, Helvetica, sans-serif; font-size: 8pt; margin-top: 0pt; margin-left: 11.36pt; text-align: left;"><span style="padding-left: 0.6pt;">$116.91</span></div></td><td style="width: 4.85pt; border-bottom: 1pt solid #022953;"><div style="font-size: 1pt;"> </div></td><td style="width: 4.85pt; border-bottom: 1pt solid #022953;"><div style="font-size: 1pt;"> </div></td><td style="width: 49.55pt; padding-top: 2.65pt; padding-bottom: 2.88pt; text-align: center; vertical-align: bottom; white-space: nowrap; border-bottom: 1pt solid #022953;"><div class="BRDSX_fpara" style="color: #000000; font-family: Arial, Helvetica, sans-serif; font-size: 8pt; margin-top: 0pt; margin-left: 11.3pt; text-align: left;">$(30,504)</div></td><td style="width: 4.85pt; border-bottom: 1pt solid #022953;"><div style="font-size: 1pt;"> </div></td><td style="width: 4.85pt; border-bottom: 1pt solid #022953;"><div style="font-size: 1pt;"> </div></td><td style="width: 56.52pt; padding-top: 2.65pt; padding-bottom: 2.88pt; text-align: center; vertical-align: bottom; white-space: nowrap; border-bottom: 1pt solid #022953;"><div class="BRDSX_fpara" style="color: #000000; font-family: Arial, Helvetica, sans-serif; font-size: 8pt; margin-top: 0pt; margin-left: 15.9pt; text-align: left;">$40,321 </div></td><td style="width: 3pt; border-bottom: 1pt solid #022953;"><div style="font-size: 1pt;"> </div></td></tr><tr><td style="width: 3pt; border-bottom: 1pt solid #022953; background-color: #CCD5DF;"><div style="font-size: 1pt;"> </div></td><td style="width: 48pt; padding-top: 2.65pt; padding-bottom: 2.88pt; text-align: left; vertical-align: bottom; background-color: #CCD5DF; border-bottom: 1pt solid #022953;"><div class="BRDSX_fpara" style="color: #000000; font-family: Arial, Helvetica, sans-serif; font-size: 8pt; margin-top: 0pt; margin-left: 1.5pt; text-align: left;">2023</div></td><td style="width: 4.85pt; background-color: #CCD5DF; border-bottom: 1pt solid #022953;"><div style="font-size: 1pt;"> </div></td><td style="width: 4.85pt; background-color: #CCD5DF; border-bottom: 1pt solid #022953;"><div style="font-size: 1pt;"> </div></td><td style="width: 49.3pt; padding-top: 2.65pt; padding-bottom: 2.88pt; text-align: center; vertical-align: bottom; background-color: #CCD5DF; white-space: nowrap; border-bottom: 1pt solid #022953;"><div class="BRDSX_fpara" style="color: #000000; font-family: Arial, Helvetica, sans-serif; font-size: 8pt; margin-top: 0pt; margin-left: 5.66pt; text-align: left;">$<span style="padding-left: 5.1pt;">9,911,634</span></div></td><td style="width: 4.85pt; background-color: #CCD5DF; border-bottom: 1pt solid #022953;"><div style="font-size: 1pt;"> </div></td><td style="width: 4.85pt; background-color: #CCD5DF; border-bottom: 1pt solid #022953;"><div style="font-size: 1pt;"> </div></td><td style="width: 50.21pt; padding-top: 2.65pt; padding-bottom: 2.88pt; text-align: center; vertical-align: bottom; background-color: #CCD5DF; white-space: nowrap; border-bottom: 1pt solid #022953;"><div class="BRDSX_fpara" style="color: #000000; font-family: Arial, Helvetica, sans-serif; font-size: 8pt; margin-top: 0pt; margin-left: 6.12pt; text-align: left;">$36,543,991</div></td><td style="width: 4.85pt; background-color: #CCD5DF; border-bottom: 1pt solid #022953;"><div style="font-size: 1pt;"> </div></td><td style="width: 4.85pt; background-color: #CCD5DF; border-bottom: 1pt solid #022953;"><div style="font-size: 1pt;"> </div></td><td style="width: 51.03pt; padding-top: 2.65pt; padding-bottom: 2.88pt; text-align: center; vertical-align: bottom; background-color: #CCD5DF; white-space: nowrap; border-bottom: 1pt solid #022953;"><div class="BRDSX_fpara" style="color: #000000; font-family: Arial, Helvetica, sans-serif; font-size: 8pt; margin-top: 0pt; margin-left: 8.44pt; text-align: left;">$1,367,684</div></td><td style="width: 4.85pt; background-color: #CCD5DF; border-bottom: 1pt solid #022953;"><div style="font-size: 1pt;"> </div></td><td style="width: 4.85pt; background-color: #CCD5DF; border-bottom: 1pt solid #022953;"><div style="font-size: 1pt;"> </div></td><td style="width: 58pt; padding-top: 2.65pt; padding-bottom: 2.88pt; text-align: center; vertical-align: bottom; background-color: #CCD5DF; white-space: nowrap; border-bottom: 1pt solid #022953;"><div class="BRDSX_fpara" style="color: #000000; font-family: Arial, Helvetica, sans-serif; font-size: 8pt; margin-top: 0pt; margin-left: 10.01pt; text-align: left;">$<span style="padding-left: 4.5pt;">8,011,446</span></div></td><td style="width: 4.85pt; background-color: #CCD5DF; border-bottom: 1pt solid #022953;"><div style="font-size: 1pt;"> </div></td><td style="width: 4.85pt; background-color: #CCD5DF; border-bottom: 1pt solid #022953;"><div style="font-size: 1pt;"> </div></td><td style="width: 34.34pt; padding-top: 2.65pt; padding-bottom: 2.88pt; text-align: center; vertical-align: bottom; background-color: #CCD5DF; white-space: nowrap; border-bottom: 1pt solid #022953;"><div class="BRDSX_fpara" style="color: #000000; font-family: Arial, Helvetica, sans-serif; font-size: 8pt; margin-top: 0pt; margin-left: 4.81pt; text-align: left;">$122.21</div></td><td style="width: 4.85pt; background-color: #CCD5DF; border-bottom: 1pt solid #022953;"><div style="font-size: 1pt;"> </div></td><td style="width: 4.85pt; background-color: #CCD5DF; border-bottom: 1pt solid #022953;"><div style="font-size: 1pt;"> </div></td><td style="width: 47.45pt; padding-top: 2.65pt; padding-bottom: 2.88pt; text-align: center; vertical-align: bottom; background-color: #CCD5DF; white-space: nowrap; border-bottom: 1pt solid #022953;"><div class="BRDSX_fpara" style="color: #000000; font-family: Arial, Helvetica, sans-serif; font-size: 8pt; margin-top: 0pt; margin-left: 11.36pt; text-align: left;"><span style="padding-left: 0.6pt;">$118.16</span></div></td><td style="width: 4.85pt; background-color: #CCD5DF; border-bottom: 1pt solid #022953;"><div style="font-size: 1pt;"> </div></td><td style="width: 4.85pt; background-color: #CCD5DF; border-bottom: 1pt solid #022953;"><div style="font-size: 1pt;"> </div></td><td style="width: 49.55pt; padding-top: 2.65pt; padding-bottom: 2.88pt; text-align: center; vertical-align: bottom; background-color: #CCD5DF; white-space: nowrap; border-bottom: 1pt solid #022953;"><div class="BRDSX_fpara" style="color: #000000; font-family: Arial, Helvetica, sans-serif; font-size: 8pt; margin-top: 0pt; margin-left: 11.3pt; text-align: left;">$(22,036)</div></td><td style="width: 4.85pt; background-color: #CCD5DF; border-bottom: 1pt solid #022953;"><div style="font-size: 1pt;"> </div></td><td style="width: 4.85pt; background-color: #CCD5DF; border-bottom: 1pt solid #022953;"><div style="font-size: 1pt;"> </div></td><td style="width: 56.52pt; padding-top: 2.65pt; padding-bottom: 2.88pt; text-align: center; vertical-align: bottom; background-color: #CCD5DF; white-space: nowrap; border-bottom: 1pt solid #022953;"><div class="BRDSX_fpara" style="color: #000000; font-family: Arial, Helvetica, sans-serif; font-size: 8pt; margin-top: 0pt; margin-left: 15.9pt; text-align: left;">$29,013 </div></td><td style="width: 3pt; border-bottom: 1pt solid #022953; background-color: #CCD5DF;"><div style="font-size: 1pt;"> </div></td></tr><tr><td style="width: 3pt; border-bottom: 1pt solid #022953;"><div style="font-size: 1pt;"> </div></td><td style="width: 48pt; padding-top: 2.65pt; padding-bottom: 2.88pt; text-align: left; vertical-align: bottom; border-bottom: 1pt solid #022953;"><div class="BRDSX_fpara" style="color: #000000; font-family: Arial, Helvetica, sans-serif; font-size: 8pt; margin-top: 0pt; margin-left: 1.5pt; text-align: left;">2022</div></td><td style="width: 4.85pt; border-bottom: 1pt solid #022953;"><div style="font-size: 1pt;"> </div></td><td style="width: 4.85pt; border-bottom: 1pt solid #022953;"><div style="font-size: 1pt;"> </div></td><td style="width: 49.3pt; padding-top: 2.65pt; padding-bottom: 2.88pt; text-align: center; vertical-align: bottom; white-space: nowrap; border-bottom: 1pt solid #022953;"><div class="BRDSX_fpara" style="color: #000000; font-family: Arial, Helvetica, sans-serif; font-size: 8pt; margin-top: 0pt; margin-left: 5.66pt; text-align: left;">$15,405,950</div></td><td style="width: 4.85pt; border-bottom: 1pt solid #022953;"><div style="font-size: 1pt;"> </div></td><td style="width: 4.85pt; border-bottom: 1pt solid #022953;"><div style="font-size: 1pt;"> </div></td><td style="width: 50.21pt; padding-top: 2.65pt; padding-bottom: 2.88pt; text-align: center; vertical-align: bottom; white-space: nowrap; border-bottom: 1pt solid #022953;"><div class="BRDSX_fpara" style="color: #000000; font-family: Arial, Helvetica, sans-serif; font-size: 8pt; margin-top: 0pt; margin-left: 6.12pt; text-align: left;">$<span style="padding-left: 1.8pt;">(4,020,347)</span></div></td><td style="width: 4.85pt; border-bottom: 1pt solid #022953;"><div style="font-size: 1pt;"> </div></td><td style="width: 4.85pt; border-bottom: 1pt solid #022953;"><div style="font-size: 1pt;"> </div></td><td style="width: 51.03pt; padding-top: 2.65pt; padding-bottom: 2.88pt; text-align: center; vertical-align: bottom; white-space: nowrap; border-bottom: 1pt solid #022953;"><div class="BRDSX_fpara" style="color: #000000; font-family: Arial, Helvetica, sans-serif; font-size: 8pt; margin-top: 0pt; margin-left: 8.44pt; text-align: left;">$4,282,541</div></td><td style="width: 4.85pt; border-bottom: 1pt solid #022953;"><div style="font-size: 1pt;"> </div></td><td style="width: 4.85pt; border-bottom: 1pt solid #022953;"><div style="font-size: 1pt;"> </div></td><td style="width: 58pt; padding-top: 2.65pt; padding-bottom: 2.88pt; text-align: center; vertical-align: bottom; white-space: nowrap; border-bottom: 1pt solid #022953;"><div class="BRDSX_fpara" style="color: #000000; font-family: Arial, Helvetica, sans-serif; font-size: 8pt; margin-top: 0pt; margin-left: 10.01pt; text-align: left;">$<span style="padding-left: 12.45pt;">(18,473)</span></div></td><td style="width: 4.85pt; border-bottom: 1pt solid #022953;"><div style="font-size: 1pt;"> </div></td><td style="width: 4.85pt; border-bottom: 1pt solid #022953;"><div style="font-size: 1pt;"> </div></td><td style="width: 34.34pt; padding-top: 2.65pt; padding-bottom: 2.88pt; text-align: center; vertical-align: bottom; white-space: nowrap; border-bottom: 1pt solid #022953;"><div class="BRDSX_fpara" style="color: #000000; font-family: Arial, Helvetica, sans-serif; font-size: 8pt; margin-top: 0pt; margin-left: 4.81pt; text-align: left;">$<span style="padding-left: 4.5pt;">45.06</span></div></td><td style="width: 4.85pt; border-bottom: 1pt solid #022953;"><div style="font-size: 1pt;"> </div></td><td style="width: 4.85pt; border-bottom: 1pt solid #022953;"><div style="font-size: 1pt;"> </div></td><td style="width: 47.45pt; padding-top: 2.65pt; padding-bottom: 2.88pt; text-align: center; vertical-align: bottom; white-space: nowrap; border-bottom: 1pt solid #022953;"><div class="BRDSX_fpara" style="color: #000000; font-family: Arial, Helvetica, sans-serif; font-size: 8pt; margin-top: 0pt; margin-left: 11.36pt; text-align: left;">$<span style="padding-left: 4.5pt;">97.95</span></div></td><td style="width: 4.85pt; border-bottom: 1pt solid #022953;"><div style="font-size: 1pt;"> </div></td><td style="width: 4.85pt; border-bottom: 1pt solid #022953;"><div style="font-size: 1pt;"> </div></td><td style="width: 49.55pt; padding-top: 2.65pt; padding-bottom: 2.88pt; text-align: center; vertical-align: bottom; white-space: nowrap; border-bottom: 1pt solid #022953;"><div class="BRDSX_fpara" style="color: #000000; font-family: Arial, Helvetica, sans-serif; font-size: 8pt; margin-top: 0pt; margin-left: 11.3pt; text-align: left;">$(56,626)</div></td><td style="width: 4.85pt; border-bottom: 1pt solid #022953;"><div style="font-size: 1pt;"> </div></td><td style="width: 4.85pt; border-bottom: 1pt solid #022953;"><div style="font-size: 1pt;"> </div></td><td style="width: 56.52pt; padding-top: 2.65pt; padding-bottom: 2.88pt; text-align: center; vertical-align: bottom; white-space: nowrap; border-bottom: 1pt solid #022953;"><div class="BRDSX_fpara" style="color: #000000; font-family: Arial, Helvetica, sans-serif; font-size: 8pt; margin-top: 0pt; margin-left: 15.9pt; text-align: left;">$<span style="padding-left: 1.8pt;">(1,296) </span></div></td><td style="width: 3pt; border-bottom: 1pt solid #022953;"><div style="font-size: 1pt;"> </div></td></tr><tr><td style="width: 3pt; background-color: #CCD5DF;"><div style="font-size: 1pt;"> </div></td><td style="width: 48pt; padding-top: 2.65pt; text-align: left; vertical-align: bottom; background-color: #CCD5DF;"><div class="BRDSX_fpara" style="color: #000000; font-family: Arial, Helvetica, sans-serif; font-size: 8pt; margin-top: 0pt; margin-left: 1.5pt; text-align: left;">2021</div></td><td style="width: 4.85pt; background-color: #CCD5DF;"><div style="font-size: 1pt;"> </div></td><td style="width: 4.85pt; background-color: #CCD5DF;"><div style="font-size: 1pt;"> </div></td><td style="width: 49.3pt; padding-top: 2.65pt; text-align: center; vertical-align: bottom; background-color: #CCD5DF; white-space: nowrap;"><div class="BRDSX_fpara" style="color: #000000; font-family: Arial, Helvetica, sans-serif; font-size: 8pt; margin-top: 0pt; margin-left: 5.66pt; text-align: left;">$10,458,023</div></td><td style="width: 4.85pt; background-color: #CCD5DF;"><div style="font-size: 1pt;"> </div></td><td style="width: 4.85pt; background-color: #CCD5DF;"><div style="font-size: 1pt;"> </div></td><td style="width: 50.21pt; padding-top: 2.65pt; text-align: center; vertical-align: bottom; background-color: #CCD5DF; white-space: nowrap;"><div class="BRDSX_fpara" style="color: #000000; font-family: Arial, Helvetica, sans-serif; font-size: 8pt; margin-top: 0pt; margin-left: 6.12pt; text-align: left;">$17,399,037</div></td><td style="width: 4.85pt; background-color: #CCD5DF;"><div style="font-size: 1pt;"> </div></td><td style="width: 4.85pt; background-color: #CCD5DF;"><div style="font-size: 1pt;"> </div></td><td style="width: 51.03pt; padding-top: 2.65pt; text-align: center; vertical-align: bottom; background-color: #CCD5DF; white-space: nowrap;"><div class="BRDSX_fpara" style="color: #000000; font-family: Arial, Helvetica, sans-serif; font-size: 8pt; margin-top: 0pt; margin-left: 8.44pt; text-align: left;">$1,691,808</div></td><td style="width: 4.85pt; background-color: #CCD5DF;"><div style="font-size: 1pt;"> </div></td><td style="width: 4.85pt; background-color: #CCD5DF;"><div style="font-size: 1pt;"> </div></td><td style="width: 58pt; padding-top: 2.65pt; text-align: center; vertical-align: bottom; background-color: #CCD5DF; white-space: nowrap;"><div class="BRDSX_fpara" style="color: #000000; font-family: Arial, Helvetica, sans-serif; font-size: 8pt; margin-top: 0pt; margin-left: 10.01pt; text-align: left;">$<span style="padding-left: 3.9pt;">2,843,554</span></div></td><td style="width: 4.85pt; background-color: #CCD5DF;"><div style="font-size: 1pt;"> </div></td><td style="width: 4.85pt; background-color: #CCD5DF;"><div style="font-size: 1pt;"> </div></td><td style="width: 34.34pt; padding-top: 2.65pt; text-align: center; vertical-align: bottom; background-color: #CCD5DF; white-space: nowrap;"><div class="BRDSX_fpara" style="color: #000000; font-family: Arial, Helvetica, sans-serif; font-size: 8pt; margin-top: 0pt; margin-left: 4.81pt; text-align: left;">$134.66</div></td><td style="width: 4.85pt; background-color: #CCD5DF;"><div style="font-size: 1pt;"> </div></td><td style="width: 4.85pt; background-color: #CCD5DF;"><div style="font-size: 1pt;"> </div></td><td style="width: 47.45pt; padding-top: 2.65pt; text-align: center; vertical-align: bottom; background-color: #CCD5DF; white-space: nowrap;"><div class="BRDSX_fpara" style="color: #000000; font-family: Arial, Helvetica, sans-serif; font-size: 8pt; margin-top: 0pt; margin-left: 11.36pt; text-align: left;">$126.53</div></td><td style="width: 4.85pt; background-color: #CCD5DF;"><div style="font-size: 1pt;"> </div></td><td style="width: 4.85pt; background-color: #CCD5DF;"><div style="font-size: 1pt;"> </div></td><td style="width: 49.55pt; padding-top: 2.65pt; text-align: center; vertical-align: bottom; background-color: #CCD5DF; white-space: nowrap;"><div class="BRDSX_fpara" style="color: #000000; font-family: Arial, Helvetica, sans-serif; font-size: 8pt; margin-top: 0pt; margin-left: 11.3pt; text-align: left;">$(56,029)</div></td><td style="width: 4.85pt; background-color: #CCD5DF;"><div style="font-size: 1pt;"> </div></td><td style="width: 4.85pt; background-color: #CCD5DF;"><div style="font-size: 1pt;"> </div></td><td style="width: 56.52pt; padding-top: 2.65pt; text-align: center; vertical-align: bottom; background-color: #CCD5DF; white-space: nowrap;"><div class="BRDSX_fpara" style="color: #000000; font-family: Arial, Helvetica, sans-serif; font-size: 8pt; margin-top: 0pt; margin-left: 15.9pt; text-align: left;">$<span style="padding-left: 1.8pt;">(5,251)</span></div></td><td style="width: 3pt; background-color: #CCD5DF;"><div style="font-size: 1pt;"> </div></td></tr><tr class="BRDSX_boxspacer"><td style="height: 3.25pt; width: 3pt; background-color: #CCD5DF;"><div style="font-size: 1pt;"> </div></td><td style="height: 3.25pt; width: 48pt; background-color: #CCD5DF;"><div style="font-size: 1pt;"> </div></td><td style="height: 3.25pt; width: 4.85pt; background-color: #CCD5DF;"><div style="font-size: 1pt;"> </div></td><td style="height: 3.25pt; width: 4.85pt; background-color: #CCD5DF;"><div style="font-size: 1pt;"> </div></td><td style="height: 3.25pt; width: 49.3pt; background-color: #CCD5DF;"><div style="font-size: 1pt;"> </div></td><td style="height: 3.25pt; width: 4.85pt; background-color: #CCD5DF;"><div style="font-size: 1pt;"> </div></td><td style="height: 3.25pt; width: 4.85pt; background-color: #CCD5DF;"><div style="font-size: 1pt;"> </div></td><td style="height: 3.25pt; width: 50.21pt; background-color: #CCD5DF;"><div style="font-size: 1pt;"> </div></td><td style="height: 3.25pt; width: 4.85pt; background-color: #CCD5DF;"><div style="font-size: 1pt;"> </div></td><td style="height: 3.25pt; width: 4.85pt; background-color: #CCD5DF;"><div style="font-size: 1pt;"> </div></td><td style="height: 3.25pt; width: 51.03pt; background-color: #CCD5DF;"><div style="font-size: 1pt;"> </div></td><td style="height: 3.25pt; width: 4.85pt; background-color: #CCD5DF;"><div style="font-size: 1pt;"> </div></td><td style="height: 3.25pt; width: 4.85pt; background-color: #CCD5DF;"><div style="font-size: 1pt;"> </div></td><td style="height: 3.25pt; width: 58pt; background-color: #CCD5DF;"><div style="font-size: 1pt;"> </div></td><td style="height: 3.25pt; width: 4.85pt; background-color: #CCD5DF;"><div style="font-size: 1pt;"> </div></td><td style="height: 3.25pt; width: 4.85pt; background-color: #CCD5DF;"><div style="font-size: 1pt;"> </div></td><td style="height: 3.25pt; width: 34.34pt; background-color: #CCD5DF;"><div style="font-size: 1pt;"> </div></td><td style="height: 3.25pt; width: 4.85pt; background-color: #CCD5DF;"><div style="font-size: 1pt;"> </div></td><td style="height: 3.25pt; width: 4.85pt; background-color: #CCD5DF;"><div style="font-size: 1pt;"> </div></td><td style="height: 3.25pt; width: 47.45pt; background-color: #CCD5DF;"><div style="font-size: 1pt;"> </div></td><td style="height: 3.25pt; width: 4.85pt; background-color: #CCD5DF;"><div style="font-size: 1pt;"> </div></td><td style="height: 3.25pt; width: 4.85pt; background-color: #CCD5DF;"><div style="font-size: 1pt;"> </div></td><td style="height: 3.25pt; width: 49.55pt; background-color: #CCD5DF;"><div style="font-size: 1pt;"> </div></td><td style="height: 3.25pt; width: 4.85pt; background-color: #CCD5DF;"><div style="font-size: 1pt;"> </div></td><td style="height: 3.25pt; width: 4.85pt; background-color: #CCD5DF;"><div style="font-size: 1pt;"> </div></td><td style="height: 3.25pt; width: 56.52pt; background-color: #CCD5DF;"><div style="font-size: 1pt;"> </div></td><td style="height: 3.25pt; width: 3pt; background-color: #CCD5DF;"><div style="font-size: 1pt;"> </div></td></tr></table><table border="0" cellpadding="0" style="border-spacing: 0; margin-top: 5pt; margin-left: 0pt;"><tr><td style="width: 20pt; text-align: left; vertical-align: top;"><div style="color: #000000; font-family: Arial, Helvetica, sans-serif; font-size: 8pt;">(1)<br/></div></td><td style="vertical-align: top;"><div style="color: #000000; font-family: Arial, Helvetica, sans-serif; font-size: 8pt; text-align: left;">Mr. McRae served as our PEO for 2025, 2024, 2023, 2022, and 2021. The non-PEO NEOs included for purposes of calculating the average amounts in each applicable year are as follows: (i) for 2025, 2024 and 2023, Kurtis Binder and Brian Busse; (ii) for 2022, Kurtis Binder, Brian Busse and Gordon Mattingly; and (iii) for 2021, Brian Busse and Gordon Mattingly. </div></td></tr></table><table border="0" cellpadding="0" style="border-spacing: 0; margin-top: 2pt; margin-left: 0pt;"><tr><td style="width: 20pt; text-align: left; vertical-align: top;"><div style="color: #000000; font-family: Arial, Helvetica, sans-serif; font-size: 8pt;">(2)<br/></div></td><td style="vertical-align: top;"><div style="color: #000000; font-family: Arial, Helvetica, sans-serif; font-size: 8pt; text-align: left;">Represents compensation actually paid to Mr. McRae and the average amount paid to our non-PEO NEOs as a group, as computed in accordance with Item 402(v) of Regulation S-K. The dollar amounts do not reflect the actual amount of compensation earned during the applicable year. In accordance with the requirements of Item 402(v) of Regulation S-K, the following adjustments were made to Mr. McRae’s total compensation and average total reported compensation for our non-PEO NEOs as a group for 2025 as reported in the Summary Compensation Table to determine the CAP. The following table reflects the value of equity calculated in accordance with the SEC methodology for determining CAP for each year shown. We use the closing price on the applicable date as a basis for fair value. Fair values for certain PSU award are measured using a Monte Carlo simulation model as PSUs contain a market condition at the time of grant (as calculated in accordance with FASB ASC Topic 718), and the valuation assumptions used to calculate fair values did not materially differ from those disclosed at the time of the grant. </div></td></tr></table><table cellpadding="0" class="BRDSX_fintab" style="border-spacing: 0; border-bottom: 3pt solid #022953; width: 508pt; margin-left: 20pt;"><tr class="BRDSX_boxspacer"><td style="height: 6pt; width: 3pt; background-color: #022953;"><div style="font-size: 1pt;"> </div></td><td style="height: 6pt; width: 48pt; background-color: #022953;"><div style="font-size: 1pt;"> </div></td><td style="height: 6pt; width: 4.51pt; background-color: #022953;"><div style="font-size: 1pt;"> </div></td><td style="height: 6pt; width: 4.51pt; background-color: #022953;"><div style="font-size: 1pt;"> </div></td><td style="height: 6pt; width: 49.3pt; background-color: #022953;"><div style="font-size: 1pt;"> </div></td><td style="height: 6pt; width: 4.51pt; background-color: #022953;"><div style="font-size: 1pt;"> </div></td><td style="height: 6pt; width: 4.51pt; background-color: #022953;"><div style="font-size: 1pt;"> </div></td><td style="height: 6pt; width: 51.55pt; background-color: #022953;"><div style="font-size: 1pt;"> </div></td><td style="height: 6pt; width: 4.51pt; background-color: #022953;"><div style="font-size: 1pt;"> </div></td><td style="height: 6pt; width: 4.51pt; background-color: #022953;"><div style="font-size: 1pt;"> </div></td><td style="height: 6pt; width: 49.54pt; background-color: #022953;"><div style="font-size: 1pt;"> </div></td><td style="height: 6pt; width: 4.51pt; background-color: #022953;"><div style="font-size: 1pt;"> </div></td><td style="height: 6pt; width: 4.51pt; background-color: #022953;"><div style="font-size: 1pt;"> </div></td><td style="height: 6pt; width: 48.73pt; background-color: #022953;"><div style="font-size: 1pt;"> </div></td><td style="height: 6pt; width: 4.51pt; background-color: #022953;"><div style="font-size: 1pt;"> </div></td><td style="height: 6pt; width: 4.51pt; background-color: #022953;"><div style="font-size: 1pt;"> </div></td><td style="height: 6pt; width: 47.47pt; background-color: #022953;"><div style="font-size: 1pt;"> </div></td><td style="height: 6pt; width: 4.51pt; background-color: #022953;"><div style="font-size: 1pt;"> </div></td><td style="height: 6pt; width: 4.51pt; background-color: #022953;"><div style="font-size: 1pt;"> </div></td><td style="height: 6pt; width: 40.62pt; background-color: #022953;"><div style="font-size: 1pt;"> </div></td><td style="height: 6pt; width: 4.51pt; background-color: #022953;"><div style="font-size: 1pt;"> </div></td><td style="height: 6pt; width: 4.51pt; background-color: #022953;"><div style="font-size: 1pt;"> </div></td><td style="height: 6pt; width: 44.42pt; background-color: #022953;"><div style="font-size: 1pt;"> </div></td><td style="height: 6pt; width: 4.51pt; background-color: #022953;"><div style="font-size: 1pt;"> </div></td><td style="height: 6pt; width: 4.51pt; background-color: #022953;"><div style="font-size: 1pt;"> </div></td><td style="height: 6pt; width: 50.21pt; background-color: #022953;"><div style="font-size: 1pt;"> </div></td><td style="height: 6pt; width: 3pt; background-color: #022953;"><div style="font-size: 1pt;"> </div></td></tr><tr class="BRDSX_header"><td style="width: 3pt; background-color: #022953;"><div style="font-size: 1pt;"> </div></td><td style="width: 48pt; padding-bottom: 3.13pt; text-align: left; vertical-align: bottom; background-color: #022953;"><div class="BRDSX_fpara" style="color: #FFFFFF; font-family: Arial, Helvetica, sans-serif; font-size: 8pt; font-weight: bold; margin-top: 0pt; margin-left: 1.5pt; text-align: left;">Year and position</div></td><td style="width: 4.51pt; background-color: #022953;"><div style="font-size: 1pt;"> </div></td><td style="width: 4.51pt; background-color: #022953;"><div style="font-size: 1pt;"> </div></td><td style="width: 49.3pt; padding-bottom: 3.13pt; text-align: left; vertical-align: bottom; background-color: #022953;"><div class="BRDSX_fpara" style="color: #FFFFFF; font-family: Arial, Helvetica, sans-serif; font-size: 8pt; font-weight: bold; margin-top: 0pt; text-align: center;">Summary <br/></div><div class="BRDSX_fpara" style="color: #FFFFFF; font-family: Arial, Helvetica, sans-serif; font-size: 8pt; font-weight: bold; margin-top: 0pt; text-align: center;">compensation <br/></div><div class="BRDSX_fpara" style="color: #FFFFFF; font-family: Arial, Helvetica, sans-serif; font-size: 8pt; font-weight: bold; margin-top: 0pt; text-align: center;">table total</div></td><td style="width: 4.51pt; background-color: #022953;"><div style="font-size: 1pt;"> </div></td><td style="width: 4.51pt; background-color: #022953;"><div style="font-size: 1pt;"> </div></td><td style="width: 51.55pt; padding-bottom: 3.13pt; text-align: left; vertical-align: bottom; background-color: #022953;"><div class="BRDSX_fpara" style="color: #FFFFFF; font-family: Arial, Helvetica, sans-serif; font-size: 8pt; font-weight: bold; margin-top: 0pt; white-space: nowrap; text-align: center;">Less: <br/></div><div class="BRDSX_fpara" style="color: #FFFFFF; font-family: Arial, Helvetica, sans-serif; font-size: 8pt; font-weight: bold; margin-top: 0pt; white-space: nowrap; text-align: center;">Grant date <br/></div><div class="BRDSX_fpara" style="color: #FFFFFF; font-family: Arial, Helvetica, sans-serif; font-size: 8pt; font-weight: bold; margin-top: 0pt; white-space: nowrap; text-align: center;">fair value of <br/></div><div class="BRDSX_fpara" style="color: #FFFFFF; font-family: Arial, Helvetica, sans-serif; font-size: 8pt; font-weight: bold; margin-top: 0pt; white-space: nowrap; text-align: center;">equity awards <br/></div><div class="BRDSX_fpara" style="color: #FFFFFF; font-family: Arial, Helvetica, sans-serif; font-size: 8pt; font-weight: bold; margin-top: 0pt; white-space: nowrap; text-align: center;">reported in the <br/></div><div class="BRDSX_fpara" style="color: #FFFFFF; font-family: Arial, Helvetica, sans-serif; font-size: 8pt; font-weight: bold; margin-top: 0pt; white-space: nowrap; text-align: center;">summary <br/></div><div class="BRDSX_fpara" style="color: #FFFFFF; font-family: Arial, Helvetica, sans-serif; font-size: 8pt; font-weight: bold; margin-top: 0pt; white-space: nowrap; text-align: center;">compensation <br/></div><div class="BRDSX_fpara" style="color: #FFFFFF; font-family: Arial, Helvetica, sans-serif; font-size: 8pt; font-weight: bold; margin-top: 0pt; white-space: nowrap; text-align: center;">table</div></td><td style="width: 4.51pt; background-color: #022953;"><div style="font-size: 1pt;"> </div></td><td style="width: 4.51pt; background-color: #022953;"><div style="font-size: 1pt;"> </div></td><td style="width: 49.54pt; padding-bottom: 3.13pt; text-align: left; vertical-align: bottom; background-color: #022953;"><div class="BRDSX_fpara" style="color: #FFFFFF; font-family: Arial, Helvetica, sans-serif; font-size: 8pt; font-weight: bold; margin-top: 0pt; white-space: nowrap; text-align: center;">Plus: <br/></div><div class="BRDSX_fpara" style="color: #FFFFFF; font-family: Arial, Helvetica, sans-serif; font-size: 8pt; font-weight: bold; margin-top: 0pt; white-space: nowrap; text-align: center;">Fair value of <br/></div><div class="BRDSX_fpara" style="color: #FFFFFF; font-family: Arial, Helvetica, sans-serif; font-size: 8pt; font-weight: bold; margin-top: 0pt; white-space: nowrap; text-align: center;">equity awards <br/></div><div class="BRDSX_fpara" style="color: #FFFFFF; font-family: Arial, Helvetica, sans-serif; font-size: 8pt; font-weight: bold; margin-top: 0pt; white-space: nowrap; text-align: center;">granted <br/></div><div class="BRDSX_fpara" style="color: #FFFFFF; font-family: Arial, Helvetica, sans-serif; font-size: 8pt; font-weight: bold; margin-top: 0pt; white-space: nowrap; text-align: center;">during the <br/></div><div class="BRDSX_fpara" style="color: #FFFFFF; font-family: Arial, Helvetica, sans-serif; font-size: 8pt; font-weight: bold; margin-top: 0pt; white-space: nowrap; text-align: center;">year that <br/></div><div class="BRDSX_fpara" style="color: #FFFFFF; font-family: Arial, Helvetica, sans-serif; font-size: 8pt; font-weight: bold; margin-top: 0pt; white-space: nowrap; text-align: center;">remain <br/></div><div class="BRDSX_fpara" style="color: #FFFFFF; font-family: Arial, Helvetica, sans-serif; font-size: 8pt; font-weight: bold; margin-top: 0pt; white-space: nowrap; text-align: center;">unvested as of <br/></div><div class="BRDSX_fpara" style="color: #FFFFFF; font-family: Arial, Helvetica, sans-serif; font-size: 8pt; font-weight: bold; margin-top: 0pt; white-space: nowrap; text-align: center;">year end</div></td><td style="width: 4.51pt; background-color: #022953;"><div style="font-size: 1pt;"> </div></td><td style="width: 4.51pt; background-color: #022953;"><div style="font-size: 1pt;"> </div></td><td style="width: 48.73pt; padding-bottom: 3.13pt; text-align: left; vertical-align: bottom; background-color: #022953;"><div class="BRDSX_fpara" style="color: #FFFFFF; font-family: Arial, Helvetica, sans-serif; font-size: 8pt; font-weight: bold; margin-top: 0pt; white-space: nowrap; text-align: center;">Plus:<br/></div><div class="BRDSX_fpara" style="color: #FFFFFF; font-family: Arial, Helvetica, sans-serif; font-size: 8pt; font-weight: bold; margin-top: 0pt; white-space: nowrap; text-align: center;">Fair value of <br/></div><div class="BRDSX_fpara" style="color: #FFFFFF; font-family: Arial, Helvetica, sans-serif; font-size: 8pt; font-weight: bold; margin-top: 0pt; white-space: nowrap; text-align: center;">equity awards <br/></div><div class="BRDSX_fpara" style="color: #FFFFFF; font-family: Arial, Helvetica, sans-serif; font-size: 8pt; font-weight: bold; margin-top: 0pt; white-space: nowrap; text-align: center;">granted <br/></div><div class="BRDSX_fpara" style="color: #FFFFFF; font-family: Arial, Helvetica, sans-serif; font-size: 8pt; font-weight: bold; margin-top: 0pt; white-space: nowrap; text-align: center;">during the <br/></div><div class="BRDSX_fpara" style="color: #FFFFFF; font-family: Arial, Helvetica, sans-serif; font-size: 8pt; font-weight: bold; margin-top: 0pt; white-space: nowrap; text-align: center;">year that <br/></div><div class="BRDSX_fpara" style="color: #FFFFFF; font-family: Arial, Helvetica, sans-serif; font-size: 8pt; font-weight: bold; margin-top: 0pt; white-space: nowrap; text-align: center;">vested during <br/></div><div class="BRDSX_fpara" style="color: #FFFFFF; font-family: Arial, Helvetica, sans-serif; font-size: 8pt; font-weight: bold; margin-top: 0pt; white-space: nowrap; text-align: center;">the year</div></td><td style="width: 4.51pt; background-color: #022953;"><div style="font-size: 1pt;"> </div></td><td style="width: 4.51pt; background-color: #022953;"><div style="font-size: 1pt;"> </div></td><td style="width: 47.47pt; padding-bottom: 3.13pt; text-align: left; vertical-align: bottom; background-color: #022953;"><div class="BRDSX_fpara" style="color: #FFFFFF; font-family: Arial, Helvetica, sans-serif; font-size: 8pt; font-weight: bold; margin-top: 0pt; white-space: nowrap; text-align: center;">Plus:<br/></div><div class="BRDSX_fpara" style="color: #FFFFFF; font-family: Arial, Helvetica, sans-serif; font-size: 8pt; font-weight: bold; margin-top: 0pt; white-space: nowrap; text-align: center;">Change in <br/></div><div class="BRDSX_fpara" style="color: #FFFFFF; font-family: Arial, Helvetica, sans-serif; font-size: 8pt; font-weight: bold; margin-top: 0pt; white-space: nowrap; text-align: center;">fair value of <br/></div><div class="BRDSX_fpara" style="color: #FFFFFF; font-family: Arial, Helvetica, sans-serif; font-size: 8pt; font-weight: bold; margin-top: 0pt; white-space: nowrap; text-align: center;">prior years’ <br/></div><div class="BRDSX_fpara" style="color: #FFFFFF; font-family: Arial, Helvetica, sans-serif; font-size: 8pt; font-weight: bold; margin-top: 0pt; white-space: nowrap; text-align: center;">equity <br/></div><div class="BRDSX_fpara" style="color: #FFFFFF; font-family: Arial, Helvetica, sans-serif; font-size: 8pt; font-weight: bold; margin-top: 0pt; white-space: nowrap; text-align: center;">awards that <br/></div><div class="BRDSX_fpara" style="color: #FFFFFF; font-family: Arial, Helvetica, sans-serif; font-size: 8pt; font-weight: bold; margin-top: 0pt; white-space: nowrap; text-align: center;">outstanding <br/></div><div class="BRDSX_fpara" style="color: #FFFFFF; font-family: Arial, Helvetica, sans-serif; font-size: 8pt; font-weight: bold; margin-top: 0pt; white-space: nowrap; text-align: center;">and unvested <br/></div><div class="BRDSX_fpara" style="color: #FFFFFF; font-family: Arial, Helvetica, sans-serif; font-size: 8pt; font-weight: bold; margin-top: 0pt; white-space: nowrap; text-align: center;">as of year end</div></td><td style="width: 4.51pt; background-color: #022953;"><div style="font-size: 1pt;"> </div></td><td style="width: 4.51pt; background-color: #022953;"><div style="font-size: 1pt;"> </div></td><td style="width: 40.62pt; padding-bottom: 3.13pt; text-align: left; vertical-align: bottom; background-color: #022953;"><div class="BRDSX_fpara" style="color: #FFFFFF; font-family: Arial, Helvetica, sans-serif; font-size: 8pt; font-weight: bold; margin-top: 0pt; white-space: nowrap; text-align: center;">Plus:<br/></div><div class="BRDSX_fpara" style="color: #FFFFFF; font-family: Arial, Helvetica, sans-serif; font-size: 8pt; font-weight: bold; margin-top: 0pt; white-space: nowrap; text-align: center;">Change in <br/></div><div class="BRDSX_fpara" style="color: #FFFFFF; font-family: Arial, Helvetica, sans-serif; font-size: 8pt; font-weight: bold; margin-top: 0pt; white-space: nowrap; text-align: center;">fair value of <br/></div><div class="BRDSX_fpara" style="color: #FFFFFF; font-family: Arial, Helvetica, sans-serif; font-size: 8pt; font-weight: bold; margin-top: 0pt; white-space: nowrap; text-align: center;">prior years’ <br/></div><div class="BRDSX_fpara" style="color: #FFFFFF; font-family: Arial, Helvetica, sans-serif; font-size: 8pt; font-weight: bold; margin-top: 0pt; white-space: nowrap; text-align: center;">equity <br/></div><div class="BRDSX_fpara" style="color: #FFFFFF; font-family: Arial, Helvetica, sans-serif; font-size: 8pt; font-weight: bold; margin-top: 0pt; white-space: nowrap; text-align: center;">awards <br/></div><div class="BRDSX_fpara" style="color: #FFFFFF; font-family: Arial, Helvetica, sans-serif; font-size: 8pt; font-weight: bold; margin-top: 0pt; white-space: nowrap; text-align: center;">vested <br/></div><div class="BRDSX_fpara" style="color: #FFFFFF; font-family: Arial, Helvetica, sans-serif; font-size: 8pt; font-weight: bold; margin-top: 0pt; white-space: nowrap; text-align: center;">during the <br/></div><div class="BRDSX_fpara" style="color: #FFFFFF; font-family: Arial, Helvetica, sans-serif; font-size: 8pt; font-weight: bold; margin-top: 0pt; white-space: nowrap; text-align: center;">year</div></td><td style="width: 4.51pt; background-color: #022953;"><div style="font-size: 1pt;"> </div></td><td style="width: 4.51pt; background-color: #022953;"><div style="font-size: 1pt;"> </div></td><td style="width: 44.42pt; padding-bottom: 3.13pt; text-align: left; vertical-align: bottom; background-color: #022953;"><div class="BRDSX_fpara" style="color: #FFFFFF; font-family: Arial, Helvetica, sans-serif; font-size: 8pt; font-weight: bold; margin-top: 0pt; white-space: nowrap; text-align: center;">Less: <br/></div><div class="BRDSX_fpara" style="color: #FFFFFF; font-family: Arial, Helvetica, sans-serif; font-size: 8pt; font-weight: bold; margin-top: 0pt; white-space: nowrap; text-align: center;">Fair value of <br/></div><div class="BRDSX_fpara" style="color: #FFFFFF; font-family: Arial, Helvetica, sans-serif; font-size: 8pt; font-weight: bold; margin-top: 0pt; white-space: nowrap; text-align: center;">prior years’ <br/></div><div class="BRDSX_fpara" style="color: #FFFFFF; font-family: Arial, Helvetica, sans-serif; font-size: 8pt; font-weight: bold; margin-top: 0pt; white-space: nowrap; text-align: center;">equity <br/></div><div class="BRDSX_fpara" style="color: #FFFFFF; font-family: Arial, Helvetica, sans-serif; font-size: 8pt; font-weight: bold; margin-top: 0pt; white-space: nowrap; text-align: center;">awards that <br/></div><div class="BRDSX_fpara" style="color: #FFFFFF; font-family: Arial, Helvetica, sans-serif; font-size: 8pt; font-weight: bold; margin-top: 0pt; white-space: nowrap; text-align: center;">failed to <br/></div><div class="BRDSX_fpara" style="color: #FFFFFF; font-family: Arial, Helvetica, sans-serif; font-size: 8pt; font-weight: bold; margin-top: 0pt; white-space: nowrap; text-align: center;">meet vesting <br/></div><div class="BRDSX_fpara" style="color: #FFFFFF; font-family: Arial, Helvetica, sans-serif; font-size: 8pt; font-weight: bold; margin-top: 0pt; white-space: nowrap; text-align: center;">conditions</div></td><td style="width: 4.51pt; background-color: #022953;"><div style="font-size: 1pt;"> </div></td><td style="width: 4.51pt; background-color: #022953;"><div style="font-size: 1pt;"> </div></td><td style="width: 50.21pt; padding-bottom: 3.13pt; text-align: left; vertical-align: bottom; background-color: #022953;"><div class="BRDSX_fpara" style="color: #FFFFFF; font-family: Arial, Helvetica, sans-serif; font-size: 8pt; font-weight: bold; margin-top: 0pt; text-align: center;">Compensation <br/></div><div class="BRDSX_fpara" style="color: #FFFFFF; font-family: Arial, Helvetica, sans-serif; font-size: 8pt; font-weight: bold; margin-top: 0pt; text-align: center;">actually paid</div></td><td style="width: 3pt; background-color: #022953;"><div style="font-size: 1pt;"> </div></td></tr><tr><td style="width: 3pt; border-bottom: 1pt solid #022953; background-color: #CCD5DF;"><div style="font-size: 1pt;"> </div></td><td colspan="25" style="width: 502pt; padding-top: 2.9pt; padding-bottom: 2.88pt; text-align: left; vertical-align: bottom; background-color: #CCD5DF; border-bottom: 1pt solid #022953;"><div class="BRDSX_fpara" style="color: #000000; font-family: Arial, Helvetica, sans-serif; font-size: 8pt; margin-top: 0pt; margin-left: 1.5pt; text-align: left;">PEO</div></td><td style="width: 3pt; border-bottom: 1pt solid #022953; background-color: #CCD5DF;"><div style="font-size: 1pt;"> </div></td></tr><tr><td style="width: 3pt; border-bottom: 1pt solid #022953;"><div style="font-size: 1pt;"> </div></td><td style="width: 48pt; padding-top: 2.65pt; padding-bottom: 2.88pt; text-align: left; vertical-align: bottom; border-bottom: 1pt solid #022953;"><div class="BRDSX_fpara" style="color: #000000; font-family: Arial, Helvetica, sans-serif; font-size: 8pt; margin-top: 0pt; margin-left: 1.5pt; text-align: left;">2025</div></td><td style="width: 4.51pt; border-bottom: 1pt solid #022953;"><div style="font-size: 1pt;"> </div></td><td style="width: 4.51pt; border-bottom: 1pt solid #022953;"><div style="font-size: 1pt;"> </div></td><td style="width: 49.3pt; padding-top: 2.65pt; padding-bottom: 2.88pt; text-align: center; vertical-align: bottom; white-space: nowrap; border-bottom: 1pt solid #022953;"><div class="BRDSX_fpara" style="color: #000000; font-family: Arial, Helvetica, sans-serif; font-size: 8pt; margin-top: 0pt; margin-left: 7.58pt; text-align: left;">$7,358,402</div></td><td style="width: 4.51pt; border-bottom: 1pt solid #022953;"><div style="font-size: 1pt;"> </div></td><td style="width: 4.51pt; border-bottom: 1pt solid #022953;"><div style="font-size: 1pt;"> </div></td><td style="width: 51.55pt; padding-top: 2.65pt; padding-bottom: 2.88pt; text-align: center; vertical-align: bottom; white-space: nowrap; border-bottom: 1pt solid #022953;"><div class="BRDSX_fpara" style="color: #000000; font-family: Arial, Helvetica, sans-serif; font-size: 8pt; margin-top: 0pt; margin-left: 8.71pt; text-align: left;">$5,590,000</div></td><td style="width: 4.51pt; border-bottom: 1pt solid #022953;"><div style="font-size: 1pt;"> </div></td><td style="width: 4.51pt; border-bottom: 1pt solid #022953;"><div style="font-size: 1pt;"> </div></td><td style="width: 49.54pt; padding-top: 2.65pt; padding-bottom: 2.88pt; text-align: center; vertical-align: bottom; white-space: nowrap; border-bottom: 1pt solid #022953;"><div class="BRDSX_fpara" style="color: #000000; font-family: Arial, Helvetica, sans-serif; font-size: 8pt; margin-top: 0pt; margin-left: 7.7pt; text-align: left;">$6,995,000</div></td><td style="width: 4.51pt; border-bottom: 1pt solid #022953;"><div style="font-size: 1pt;"> </div></td><td style="width: 4.51pt; border-bottom: 1pt solid #022953;"><div style="font-size: 1pt;"> </div></td><td style="width: 48.73pt; padding-top: 2.65pt; padding-bottom: 2.88pt; text-align: center; vertical-align: bottom; white-space: nowrap; border-bottom: 1pt solid #022953;"><div class="BRDSX_fpara" style="color: #000000; font-family: Arial, Helvetica, sans-serif; font-size: 8pt; margin-top: 0pt; margin-left: 7.29pt; text-align: left;">$2,735,020</div></td><td style="width: 4.51pt; border-bottom: 1pt solid #022953;"><div style="font-size: 1pt;"> </div></td><td style="width: 4.51pt; border-bottom: 1pt solid #022953;"><div style="font-size: 1pt;"> </div></td><td style="width: 47.47pt; padding-top: 2.65pt; padding-bottom: 2.88pt; text-align: center; vertical-align: bottom; white-space: nowrap; border-bottom: 1pt solid #022953;"><div class="BRDSX_fpara" style="color: #000000; font-family: Arial, Helvetica, sans-serif; font-size: 8pt; margin-top: 0pt; margin-left: 9.45pt; text-align: left;">$574,389</div></td><td style="width: 4.51pt; border-bottom: 1pt solid #022953;"><div style="font-size: 1pt;"> </div></td><td style="width: 4.51pt; border-bottom: 1pt solid #022953;"><div style="font-size: 1pt;"> </div></td><td style="width: 40.62pt; padding-top: 2.65pt; padding-bottom: 2.88pt; text-align: center; vertical-align: bottom; white-space: nowrap; border-bottom: 1pt solid #022953;"><div class="BRDSX_fpara" style="color: #000000; font-family: Arial, Helvetica, sans-serif; font-size: 8pt; margin-top: 0pt; margin-left: 3.24pt; text-align: left;">$8,743,191</div></td><td style="width: 4.51pt; border-bottom: 1pt solid #022953;"><div style="font-size: 1pt;"> </div></td><td style="width: 4.51pt; border-bottom: 1pt solid #022953;"><div style="font-size: 1pt;"> </div></td><td style="width: 44.42pt; padding-top: 2.65pt; padding-bottom: 2.88pt; text-align: center; vertical-align: bottom; white-space: nowrap; border-bottom: 1pt solid #022953;"><div class="BRDSX_fpara" style="color: #000000; font-family: Arial, Helvetica, sans-serif; font-size: 8pt; margin-top: 0pt; margin-left: 17.09pt; text-align: left;">$—</div></td><td style="width: 4.51pt; border-bottom: 1pt solid #022953;"><div style="font-size: 1pt;"> </div></td><td style="width: 4.51pt; border-bottom: 1pt solid #022953;"><div style="font-size: 1pt;"> </div></td><td style="width: 50.21pt; padding-top: 2.65pt; padding-bottom: 2.88pt; text-align: center; vertical-align: bottom; white-space: nowrap; border-bottom: 1pt solid #022953;"><div class="BRDSX_fpara" style="color: #000000; font-family: Arial, Helvetica, sans-serif; font-size: 8pt; margin-top: 0pt; margin-left: 6.12pt; text-align: left;">$20,816,002 </div></td><td style="width: 3pt; border-bottom: 1pt solid #022953;"><div style="font-size: 1pt;"> </div></td></tr><tr><td style="width: 3pt; border-bottom: 1pt solid #022953; background-color: #CCD5DF;"><div style="font-size: 1pt;"> </div></td><td colspan="25" style="width: 502pt; padding-top: 2.65pt; padding-bottom: 2.88pt; text-align: left; vertical-align: bottom; background-color: #CCD5DF; border-bottom: 1pt solid #022953;"><div class="BRDSX_fpara" style="color: #000000; font-family: Arial, Helvetica, sans-serif; font-size: 8pt; margin-top: 0pt; margin-left: 1.5pt; text-align: left;">Average Non-PEO Named Executive Officers</div></td><td style="width: 3pt; border-bottom: 1pt solid #022953; background-color: #CCD5DF;"><div style="font-size: 1pt;"> </div></td></tr><tr><td style="width: 3pt;"><div style="font-size: 1pt;"> </div></td><td style="width: 48pt; padding-top: 2.65pt; text-align: left; vertical-align: bottom;"><div class="BRDSX_fpara" style="color: #000000; font-family: Arial, Helvetica, sans-serif; font-size: 8pt; margin-top: 0pt; margin-left: 1.5pt; text-align: left;">2025</div></td><td style="width: 4.51pt;"><div style="font-size: 1pt;"> </div></td><td style="width: 4.51pt;"><div style="font-size: 1pt;"> </div></td><td style="width: 49.3pt; padding-top: 2.65pt; text-align: center; vertical-align: bottom; white-space: nowrap;"><div class="BRDSX_fpara" style="color: #000000; font-family: Arial, Helvetica, sans-serif; font-size: 8pt; margin-top: 0pt; margin-left: 7.58pt; text-align: left;">$3,313,152</div></td><td style="width: 4.51pt;"><div style="font-size: 1pt;"> </div></td><td style="width: 4.51pt;"><div style="font-size: 1pt;"> </div></td><td style="width: 51.55pt; padding-top: 2.65pt; text-align: center; vertical-align: bottom; white-space: nowrap;"><div class="BRDSX_fpara" style="color: #000000; font-family: Arial, Helvetica, sans-serif; font-size: 8pt; margin-top: 0pt; margin-left: 8.71pt; text-align: left;">$2,515,500</div></td><td style="width: 4.51pt;"><div style="font-size: 1pt;"> </div></td><td style="width: 4.51pt;"><div style="font-size: 1pt;"> </div></td><td style="width: 49.54pt; padding-top: 2.65pt; text-align: center; vertical-align: bottom; white-space: nowrap;"><div class="BRDSX_fpara" style="color: #000000; font-family: Arial, Helvetica, sans-serif; font-size: 8pt; margin-top: 0pt; margin-left: 7.7pt; text-align: left;">$3,147,750</div></td><td style="width: 4.51pt;"><div style="font-size: 1pt;"> </div></td><td style="width: 4.51pt;"><div style="font-size: 1pt;"> </div></td><td style="width: 48.73pt; padding-top: 2.65pt; text-align: center; vertical-align: bottom; white-space: nowrap;"><div class="BRDSX_fpara" style="color: #000000; font-family: Arial, Helvetica, sans-serif; font-size: 8pt; margin-top: 0pt; margin-left: 7.29pt; text-align: left;">$1,246,166</div></td><td style="width: 4.51pt;"><div style="font-size: 1pt;"> </div></td><td style="width: 4.51pt;"><div style="font-size: 1pt;"> </div></td><td style="width: 47.47pt; padding-top: 2.65pt; text-align: center; vertical-align: bottom; white-space: nowrap;"><div class="BRDSX_fpara" style="color: #000000; font-family: Arial, Helvetica, sans-serif; font-size: 8pt; margin-top: 0pt; margin-left: 9.45pt; text-align: left;">$201,758</div></td><td style="width: 4.51pt;"><div style="font-size: 1pt;"> </div></td><td style="width: 4.51pt;"><div style="font-size: 1pt;"> </div></td><td style="width: 40.62pt; padding-top: 2.65pt; text-align: center; vertical-align: bottom; white-space: nowrap;"><div class="BRDSX_fpara" style="color: #000000; font-family: Arial, Helvetica, sans-serif; font-size: 8pt; margin-top: 0pt; margin-left: 3.24pt; text-align: left;">$<span style="padding-left: 6.75pt;">656,312</span></div></td><td style="width: 4.51pt;"><div style="font-size: 1pt;"> </div></td><td style="width: 4.51pt;"><div style="font-size: 1pt;"> </div></td><td style="width: 44.42pt; padding-top: 2.65pt; text-align: center; vertical-align: bottom; white-space: nowrap;"><div class="BRDSX_fpara" style="color: #000000; font-family: Arial, Helvetica, sans-serif; font-size: 8pt; margin-top: 0pt; margin-left: 17.09pt; text-align: left;">$—</div></td><td style="width: 4.51pt;"><div style="font-size: 1pt;"> </div></td><td style="width: 4.51pt;"><div style="font-size: 1pt;"> </div></td><td style="width: 50.21pt; padding-top: 2.65pt; text-align: center; vertical-align: bottom; white-space: nowrap;"><div class="BRDSX_fpara" style="color: #000000; font-family: Arial, Helvetica, sans-serif; font-size: 8pt; margin-top: 0pt; margin-left: 6.12pt; text-align: left;">$<span style="padding-left: 4.5pt;">6,049,638</span></div></td><td style="width: 3pt;"><div style="font-size: 1pt;"> </div></td></tr><tr class="BRDSX_boxspacer"><td style="height: 3.25pt; width: 3pt;"><div style="font-size: 1pt;"> </div></td><td style="height: 3.25pt; width: 48pt;"><div style="font-size: 1pt;"> </div></td><td style="height: 3.25pt; width: 4.51pt;"><div style="font-size: 1pt;"> </div></td><td style="height: 3.25pt; width: 4.51pt;"><div style="font-size: 1pt;"> </div></td><td style="height: 3.25pt; width: 49.3pt;"><div style="font-size: 1pt;"> </div></td><td style="height: 3.25pt; width: 4.51pt;"><div style="font-size: 1pt;"> </div></td><td style="height: 3.25pt; width: 4.51pt;"><div style="font-size: 1pt;"> </div></td><td style="height: 3.25pt; width: 51.55pt;"><div style="font-size: 1pt;"> </div></td><td style="height: 3.25pt; width: 4.51pt;"><div style="font-size: 1pt;"> </div></td><td style="height: 3.25pt; width: 4.51pt;"><div style="font-size: 1pt;"> </div></td><td style="height: 3.25pt; width: 49.54pt;"><div style="font-size: 1pt;"> </div></td><td style="height: 3.25pt; width: 4.51pt;"><div style="font-size: 1pt;"> </div></td><td style="height: 3.25pt; width: 4.51pt;"><div style="font-size: 1pt;"> </div></td><td style="height: 3.25pt; width: 48.73pt;"><div style="font-size: 1pt;"> </div></td><td style="height: 3.25pt; width: 4.51pt;"><div style="font-size: 1pt;"> </div></td><td style="height: 3.25pt; width: 4.51pt;"><div style="font-size: 1pt;"> </div></td><td style="height: 3.25pt; width: 47.47pt;"><div style="font-size: 1pt;"> </div></td><td style="height: 3.25pt; width: 4.51pt;"><div style="font-size: 1pt;"> </div></td><td style="height: 3.25pt; width: 4.51pt;"><div style="font-size: 1pt;"> </div></td><td style="height: 3.25pt; width: 40.62pt;"><div style="font-size: 1pt;"> </div></td><td style="height: 3.25pt; width: 4.51pt;"><div style="font-size: 1pt;"> </div></td><td style="height: 3.25pt; width: 4.51pt;"><div style="font-size: 1pt;"> </div></td><td style="height: 3.25pt; width: 44.42pt;"><div style="font-size: 1pt;"> </div></td><td style="height: 3.25pt; width: 4.51pt;"><div style="font-size: 1pt;"> </div></td><td style="height: 3.25pt; width: 4.51pt;"><div style="font-size: 1pt;"> </div></td><td style="height: 3.25pt; width: 50.21pt;"><div style="font-size: 1pt;"> </div></td><td style="height: 3.25pt; width: 3pt;"><div style="font-size: 1pt;"> </div></td></tr></table><table border="0" cellpadding="0" style="border-spacing: 0; margin-top: 5pt; margin-left: 0pt;"><tr><td style="width: 20pt; text-align: left; vertical-align: top;"><div style="color: #000000; font-family: Arial, Helvetica, sans-serif; font-size: 8pt;">(3)<br/></div></td><td style="vertical-align: top;"><div style="color: #000000; font-family: Arial, Helvetica, sans-serif; font-size: 8pt; text-align: left;">Arlo TSR is cumulative for the measurement periods beginning on December 31, 2021 and ending on December 31, 2025, respectively, calculated in accordance with Item 201(e) of Regulation S-K. Peer Group TSR is calculated based on the S&amp;P 600 Information Technology Index, which is used for purposes of Item 201(e) of Regulation S-K. </div></td></tr></table><table border="0" cellpadding="0" style="border-spacing: 0; margin-top: 2pt; margin-left: 0pt;"><tr><td style="width: 20pt; text-align: left; vertical-align: top;"><div style="color: #000000; font-family: Arial, Helvetica, sans-serif; font-size: 8pt;">(4)<br/></div></td><td style="vertical-align: top;"><div style="color: #000000; font-family: Arial, Helvetica, sans-serif; font-size: 8pt; text-align: left;">As required by Item 402(v) of Regulation S-K, we have determined adjusted EBITDA as the company selected measure starting with 2025. Refer to Annex A of this Proxy Statement for reconciliations of non-GAAP financial measures. </div></td></tr></table> 7358402 20816002 3313152 6049638 179.59 138.92 14926000 74749000 23268296 41102735 6600417 11016997 143.65 116.91 -30504000 40321000 9911634 36543991 1367684 8011446 122.21 118.16 -22036000 29013000 15405950 -4020347 4282541 -18473 45.06 97.95 -56626000 -1296000 10458023 17399037 1691808 2843554 134.66 126.53 -56029000 -5251000 <table border="0" cellpadding="0" style="border-spacing: 0; margin-top: 5pt; margin-left: 0pt;"><tr><td style="width: 20pt; text-align: left; vertical-align: top;"><div style="color: #000000; font-family: Arial, Helvetica, sans-serif; font-size: 8pt;">(1)<br/></div></td><td style="vertical-align: top;"><div style="color: #000000; font-family: Arial, Helvetica, sans-serif; font-size: 8pt; text-align: left;">Mr. McRae served as our PEO for 2025, 2024, 2023, 2022, and 2021. The non-PEO NEOs included for purposes of calculating the average amounts in each applicable year are as follows: (i) for 2025, 2024 and 2023, Kurtis Binder and Brian Busse; (ii) for 2022, Kurtis Binder, Brian Busse and Gordon Mattingly; and (iii) for 2021, Brian Busse and Gordon Mattingly. </div></td></tr></table> Mr. McRae Mr. McRae Mr. McRae Mr. McRae Mr. McRae <table border="0" cellpadding="0" style="border-spacing: 0; margin-top: 2pt; margin-left: 0pt;"><tr><td style="width: 20pt; text-align: left; vertical-align: top;"><div style="color: #000000; font-family: Arial, Helvetica, sans-serif; font-size: 8pt;">(2)<br/></div></td><td style="vertical-align: top;"><div style="color: #000000; font-family: Arial, Helvetica, sans-serif; font-size: 8pt; text-align: left;">Represents compensation actually paid to Mr. McRae and the average amount paid to our non-PEO NEOs as a group, as computed in accordance with Item 402(v) of Regulation S-K. The dollar amounts do not reflect the actual amount of compensation earned during the applicable year. In accordance with the requirements of Item 402(v) of Regulation S-K, the following adjustments were made to Mr. McRae’s total compensation and average total reported compensation for our non-PEO NEOs as a group for 2025 as reported in the Summary Compensation Table to determine the CAP. The following table reflects the value of equity calculated in accordance with the SEC methodology for determining CAP for each year shown. We use the closing price on the applicable date as a basis for fair value. Fair values for certain PSU award are measured using a Monte Carlo simulation model as PSUs contain a market condition at the time of grant (as calculated in accordance with FASB ASC Topic 718), and the valuation assumptions used to calculate fair values did not materially differ from those disclosed at the time of the grant. </div></td></tr></table><table cellpadding="0" class="BRDSX_fintab" style="border-spacing: 0; border-bottom: 3pt solid #022953; width: 508pt; margin-left: 20pt;"><tr class="BRDSX_boxspacer"><td style="height: 6pt; width: 3pt; background-color: #022953;"><div style="font-size: 1pt;"> </div></td><td style="height: 6pt; width: 48pt; background-color: #022953;"><div style="font-size: 1pt;"> </div></td><td style="height: 6pt; width: 4.51pt; background-color: #022953;"><div style="font-size: 1pt;"> </div></td><td style="height: 6pt; width: 4.51pt; background-color: #022953;"><div style="font-size: 1pt;"> </div></td><td style="height: 6pt; width: 49.3pt; background-color: #022953;"><div style="font-size: 1pt;"> </div></td><td style="height: 6pt; width: 4.51pt; background-color: #022953;"><div style="font-size: 1pt;"> </div></td><td style="height: 6pt; width: 4.51pt; background-color: #022953;"><div style="font-size: 1pt;"> </div></td><td style="height: 6pt; width: 51.55pt; background-color: #022953;"><div style="font-size: 1pt;"> </div></td><td style="height: 6pt; width: 4.51pt; background-color: #022953;"><div style="font-size: 1pt;"> </div></td><td style="height: 6pt; width: 4.51pt; background-color: #022953;"><div style="font-size: 1pt;"> </div></td><td style="height: 6pt; width: 49.54pt; background-color: #022953;"><div style="font-size: 1pt;"> </div></td><td style="height: 6pt; width: 4.51pt; background-color: #022953;"><div style="font-size: 1pt;"> </div></td><td style="height: 6pt; width: 4.51pt; background-color: #022953;"><div style="font-size: 1pt;"> </div></td><td style="height: 6pt; width: 48.73pt; background-color: #022953;"><div style="font-size: 1pt;"> </div></td><td style="height: 6pt; width: 4.51pt; background-color: #022953;"><div style="font-size: 1pt;"> </div></td><td style="height: 6pt; width: 4.51pt; background-color: #022953;"><div style="font-size: 1pt;"> </div></td><td style="height: 6pt; width: 47.47pt; background-color: #022953;"><div style="font-size: 1pt;"> </div></td><td style="height: 6pt; width: 4.51pt; background-color: #022953;"><div style="font-size: 1pt;"> </div></td><td style="height: 6pt; width: 4.51pt; background-color: #022953;"><div style="font-size: 1pt;"> </div></td><td style="height: 6pt; width: 40.62pt; background-color: #022953;"><div style="font-size: 1pt;"> </div></td><td style="height: 6pt; width: 4.51pt; background-color: #022953;"><div style="font-size: 1pt;"> </div></td><td style="height: 6pt; width: 4.51pt; background-color: #022953;"><div style="font-size: 1pt;"> </div></td><td style="height: 6pt; width: 44.42pt; background-color: #022953;"><div style="font-size: 1pt;"> </div></td><td style="height: 6pt; width: 4.51pt; background-color: #022953;"><div style="font-size: 1pt;"> </div></td><td style="height: 6pt; width: 4.51pt; background-color: #022953;"><div style="font-size: 1pt;"> </div></td><td style="height: 6pt; width: 50.21pt; background-color: #022953;"><div style="font-size: 1pt;"> </div></td><td style="height: 6pt; width: 3pt; background-color: #022953;"><div style="font-size: 1pt;"> </div></td></tr><tr class="BRDSX_header"><td style="width: 3pt; background-color: #022953;"><div style="font-size: 1pt;"> </div></td><td style="width: 48pt; padding-bottom: 3.13pt; text-align: left; vertical-align: bottom; background-color: #022953;"><div class="BRDSX_fpara" style="color: #FFFFFF; font-family: Arial, Helvetica, sans-serif; font-size: 8pt; font-weight: bold; margin-top: 0pt; margin-left: 1.5pt; text-align: left;">Year and position</div></td><td style="width: 4.51pt; background-color: #022953;"><div style="font-size: 1pt;"> </div></td><td style="width: 4.51pt; background-color: #022953;"><div style="font-size: 1pt;"> </div></td><td style="width: 49.3pt; padding-bottom: 3.13pt; text-align: left; vertical-align: bottom; background-color: #022953;"><div class="BRDSX_fpara" style="color: #FFFFFF; font-family: Arial, Helvetica, sans-serif; font-size: 8pt; font-weight: bold; margin-top: 0pt; text-align: center;">Summary <br/></div><div class="BRDSX_fpara" style="color: #FFFFFF; font-family: Arial, Helvetica, sans-serif; font-size: 8pt; font-weight: bold; margin-top: 0pt; text-align: center;">compensation <br/></div><div class="BRDSX_fpara" style="color: #FFFFFF; font-family: Arial, Helvetica, sans-serif; font-size: 8pt; font-weight: bold; margin-top: 0pt; text-align: center;">table total</div></td><td style="width: 4.51pt; background-color: #022953;"><div style="font-size: 1pt;"> </div></td><td style="width: 4.51pt; background-color: #022953;"><div style="font-size: 1pt;"> </div></td><td style="width: 51.55pt; padding-bottom: 3.13pt; text-align: left; vertical-align: bottom; background-color: #022953;"><div class="BRDSX_fpara" style="color: #FFFFFF; font-family: Arial, Helvetica, sans-serif; font-size: 8pt; font-weight: bold; margin-top: 0pt; white-space: nowrap; text-align: center;">Less: <br/></div><div class="BRDSX_fpara" style="color: #FFFFFF; font-family: Arial, Helvetica, sans-serif; font-size: 8pt; font-weight: bold; margin-top: 0pt; white-space: nowrap; text-align: center;">Grant date <br/></div><div class="BRDSX_fpara" style="color: #FFFFFF; font-family: Arial, Helvetica, sans-serif; font-size: 8pt; font-weight: bold; margin-top: 0pt; white-space: nowrap; text-align: center;">fair value of <br/></div><div class="BRDSX_fpara" style="color: #FFFFFF; font-family: Arial, Helvetica, sans-serif; font-size: 8pt; font-weight: bold; margin-top: 0pt; white-space: nowrap; text-align: center;">equity awards <br/></div><div class="BRDSX_fpara" style="color: #FFFFFF; font-family: Arial, Helvetica, sans-serif; font-size: 8pt; font-weight: bold; margin-top: 0pt; white-space: nowrap; text-align: center;">reported in the <br/></div><div class="BRDSX_fpara" style="color: #FFFFFF; font-family: Arial, Helvetica, sans-serif; font-size: 8pt; font-weight: bold; margin-top: 0pt; white-space: nowrap; text-align: center;">summary <br/></div><div class="BRDSX_fpara" style="color: #FFFFFF; font-family: Arial, Helvetica, sans-serif; font-size: 8pt; font-weight: bold; margin-top: 0pt; white-space: nowrap; text-align: center;">compensation <br/></div><div class="BRDSX_fpara" style="color: #FFFFFF; font-family: Arial, Helvetica, sans-serif; font-size: 8pt; font-weight: bold; margin-top: 0pt; white-space: nowrap; text-align: center;">table</div></td><td style="width: 4.51pt; background-color: #022953;"><div style="font-size: 1pt;"> </div></td><td style="width: 4.51pt; background-color: #022953;"><div style="font-size: 1pt;"> </div></td><td style="width: 49.54pt; padding-bottom: 3.13pt; text-align: left; vertical-align: bottom; background-color: #022953;"><div class="BRDSX_fpara" style="color: #FFFFFF; font-family: Arial, Helvetica, sans-serif; font-size: 8pt; font-weight: bold; margin-top: 0pt; white-space: nowrap; text-align: center;">Plus: <br/></div><div class="BRDSX_fpara" style="color: #FFFFFF; font-family: Arial, Helvetica, sans-serif; font-size: 8pt; font-weight: bold; margin-top: 0pt; white-space: nowrap; text-align: center;">Fair value of <br/></div><div class="BRDSX_fpara" style="color: #FFFFFF; font-family: Arial, Helvetica, sans-serif; font-size: 8pt; font-weight: bold; margin-top: 0pt; white-space: nowrap; text-align: center;">equity awards <br/></div><div class="BRDSX_fpara" style="color: #FFFFFF; font-family: Arial, Helvetica, sans-serif; font-size: 8pt; font-weight: bold; margin-top: 0pt; white-space: nowrap; text-align: center;">granted <br/></div><div class="BRDSX_fpara" style="color: #FFFFFF; font-family: Arial, Helvetica, sans-serif; font-size: 8pt; font-weight: bold; margin-top: 0pt; white-space: nowrap; text-align: center;">during the <br/></div><div class="BRDSX_fpara" style="color: #FFFFFF; font-family: Arial, Helvetica, sans-serif; font-size: 8pt; font-weight: bold; margin-top: 0pt; white-space: nowrap; text-align: center;">year that <br/></div><div class="BRDSX_fpara" style="color: #FFFFFF; font-family: Arial, Helvetica, sans-serif; font-size: 8pt; font-weight: bold; margin-top: 0pt; white-space: nowrap; text-align: center;">remain <br/></div><div class="BRDSX_fpara" style="color: #FFFFFF; font-family: Arial, Helvetica, sans-serif; font-size: 8pt; font-weight: bold; margin-top: 0pt; white-space: nowrap; text-align: center;">unvested as of <br/></div><div class="BRDSX_fpara" style="color: #FFFFFF; font-family: Arial, Helvetica, sans-serif; font-size: 8pt; font-weight: bold; margin-top: 0pt; white-space: nowrap; text-align: center;">year end</div></td><td style="width: 4.51pt; background-color: #022953;"><div style="font-size: 1pt;"> </div></td><td style="width: 4.51pt; background-color: #022953;"><div style="font-size: 1pt;"> </div></td><td style="width: 48.73pt; padding-bottom: 3.13pt; text-align: left; vertical-align: bottom; background-color: #022953;"><div class="BRDSX_fpara" style="color: #FFFFFF; font-family: Arial, Helvetica, sans-serif; font-size: 8pt; font-weight: bold; margin-top: 0pt; white-space: nowrap; text-align: center;">Plus:<br/></div><div class="BRDSX_fpara" style="color: #FFFFFF; font-family: Arial, Helvetica, sans-serif; font-size: 8pt; font-weight: bold; margin-top: 0pt; white-space: nowrap; text-align: center;">Fair value of <br/></div><div class="BRDSX_fpara" style="color: #FFFFFF; font-family: Arial, Helvetica, sans-serif; font-size: 8pt; font-weight: bold; margin-top: 0pt; white-space: nowrap; text-align: center;">equity awards <br/></div><div class="BRDSX_fpara" style="color: #FFFFFF; font-family: Arial, Helvetica, sans-serif; font-size: 8pt; font-weight: bold; margin-top: 0pt; white-space: nowrap; text-align: center;">granted <br/></div><div class="BRDSX_fpara" style="color: #FFFFFF; font-family: Arial, Helvetica, sans-serif; font-size: 8pt; font-weight: bold; margin-top: 0pt; white-space: nowrap; text-align: center;">during the <br/></div><div class="BRDSX_fpara" style="color: #FFFFFF; font-family: Arial, Helvetica, sans-serif; font-size: 8pt; font-weight: bold; margin-top: 0pt; white-space: nowrap; text-align: center;">year that <br/></div><div class="BRDSX_fpara" style="color: #FFFFFF; font-family: Arial, Helvetica, sans-serif; font-size: 8pt; font-weight: bold; margin-top: 0pt; white-space: nowrap; text-align: center;">vested during <br/></div><div class="BRDSX_fpara" style="color: #FFFFFF; font-family: Arial, Helvetica, sans-serif; font-size: 8pt; font-weight: bold; margin-top: 0pt; white-space: nowrap; text-align: center;">the year</div></td><td style="width: 4.51pt; background-color: #022953;"><div style="font-size: 1pt;"> </div></td><td style="width: 4.51pt; background-color: #022953;"><div style="font-size: 1pt;"> </div></td><td style="width: 47.47pt; padding-bottom: 3.13pt; text-align: left; vertical-align: bottom; background-color: #022953;"><div class="BRDSX_fpara" style="color: #FFFFFF; font-family: Arial, Helvetica, sans-serif; font-size: 8pt; font-weight: bold; margin-top: 0pt; white-space: nowrap; text-align: center;">Plus:<br/></div><div class="BRDSX_fpara" style="color: #FFFFFF; font-family: Arial, Helvetica, sans-serif; font-size: 8pt; font-weight: bold; margin-top: 0pt; white-space: nowrap; text-align: center;">Change in <br/></div><div class="BRDSX_fpara" style="color: #FFFFFF; font-family: Arial, Helvetica, sans-serif; font-size: 8pt; font-weight: bold; margin-top: 0pt; white-space: nowrap; text-align: center;">fair value of <br/></div><div class="BRDSX_fpara" style="color: #FFFFFF; font-family: Arial, Helvetica, sans-serif; font-size: 8pt; font-weight: bold; margin-top: 0pt; white-space: nowrap; text-align: center;">prior years’ <br/></div><div class="BRDSX_fpara" style="color: #FFFFFF; font-family: Arial, Helvetica, sans-serif; font-size: 8pt; font-weight: bold; margin-top: 0pt; white-space: nowrap; text-align: center;">equity <br/></div><div class="BRDSX_fpara" style="color: #FFFFFF; font-family: Arial, Helvetica, sans-serif; font-size: 8pt; font-weight: bold; margin-top: 0pt; white-space: nowrap; text-align: center;">awards that <br/></div><div class="BRDSX_fpara" style="color: #FFFFFF; font-family: Arial, Helvetica, sans-serif; font-size: 8pt; font-weight: bold; margin-top: 0pt; white-space: nowrap; text-align: center;">outstanding <br/></div><div class="BRDSX_fpara" style="color: #FFFFFF; font-family: Arial, Helvetica, sans-serif; font-size: 8pt; font-weight: bold; margin-top: 0pt; white-space: nowrap; text-align: center;">and unvested <br/></div><div class="BRDSX_fpara" style="color: #FFFFFF; font-family: Arial, Helvetica, sans-serif; font-size: 8pt; font-weight: bold; margin-top: 0pt; white-space: nowrap; text-align: center;">as of year end</div></td><td style="width: 4.51pt; background-color: #022953;"><div style="font-size: 1pt;"> </div></td><td style="width: 4.51pt; background-color: #022953;"><div style="font-size: 1pt;"> </div></td><td style="width: 40.62pt; padding-bottom: 3.13pt; text-align: left; vertical-align: bottom; background-color: #022953;"><div class="BRDSX_fpara" style="color: #FFFFFF; font-family: Arial, Helvetica, sans-serif; font-size: 8pt; font-weight: bold; margin-top: 0pt; white-space: nowrap; text-align: center;">Plus:<br/></div><div class="BRDSX_fpara" style="color: #FFFFFF; font-family: Arial, Helvetica, sans-serif; font-size: 8pt; font-weight: bold; margin-top: 0pt; white-space: nowrap; text-align: center;">Change in <br/></div><div class="BRDSX_fpara" style="color: #FFFFFF; font-family: Arial, Helvetica, sans-serif; font-size: 8pt; font-weight: bold; margin-top: 0pt; white-space: nowrap; text-align: center;">fair value of <br/></div><div class="BRDSX_fpara" style="color: #FFFFFF; font-family: Arial, Helvetica, sans-serif; font-size: 8pt; font-weight: bold; margin-top: 0pt; white-space: nowrap; text-align: center;">prior years’ <br/></div><div class="BRDSX_fpara" style="color: #FFFFFF; font-family: Arial, Helvetica, sans-serif; font-size: 8pt; font-weight: bold; margin-top: 0pt; white-space: nowrap; text-align: center;">equity <br/></div><div class="BRDSX_fpara" style="color: #FFFFFF; font-family: Arial, Helvetica, sans-serif; font-size: 8pt; font-weight: bold; margin-top: 0pt; white-space: nowrap; text-align: center;">awards <br/></div><div class="BRDSX_fpara" style="color: #FFFFFF; font-family: Arial, Helvetica, sans-serif; font-size: 8pt; font-weight: bold; margin-top: 0pt; white-space: nowrap; text-align: center;">vested <br/></div><div class="BRDSX_fpara" style="color: #FFFFFF; font-family: Arial, Helvetica, sans-serif; font-size: 8pt; font-weight: bold; margin-top: 0pt; white-space: nowrap; text-align: center;">during the <br/></div><div class="BRDSX_fpara" style="color: #FFFFFF; font-family: Arial, Helvetica, sans-serif; font-size: 8pt; font-weight: bold; margin-top: 0pt; white-space: nowrap; text-align: center;">year</div></td><td style="width: 4.51pt; background-color: #022953;"><div style="font-size: 1pt;"> </div></td><td style="width: 4.51pt; background-color: #022953;"><div style="font-size: 1pt;"> </div></td><td style="width: 44.42pt; padding-bottom: 3.13pt; text-align: left; vertical-align: bottom; background-color: #022953;"><div class="BRDSX_fpara" style="color: #FFFFFF; font-family: Arial, Helvetica, sans-serif; font-size: 8pt; font-weight: bold; margin-top: 0pt; white-space: nowrap; text-align: center;">Less: <br/></div><div class="BRDSX_fpara" style="color: #FFFFFF; font-family: Arial, Helvetica, sans-serif; font-size: 8pt; font-weight: bold; margin-top: 0pt; white-space: nowrap; text-align: center;">Fair value of <br/></div><div class="BRDSX_fpara" style="color: #FFFFFF; font-family: Arial, Helvetica, sans-serif; font-size: 8pt; font-weight: bold; margin-top: 0pt; white-space: nowrap; text-align: center;">prior years’ <br/></div><div class="BRDSX_fpara" style="color: #FFFFFF; font-family: Arial, Helvetica, sans-serif; font-size: 8pt; font-weight: bold; margin-top: 0pt; white-space: nowrap; text-align: center;">equity <br/></div><div class="BRDSX_fpara" style="color: #FFFFFF; font-family: Arial, Helvetica, sans-serif; font-size: 8pt; font-weight: bold; margin-top: 0pt; white-space: nowrap; text-align: center;">awards that <br/></div><div class="BRDSX_fpara" style="color: #FFFFFF; font-family: Arial, Helvetica, sans-serif; font-size: 8pt; font-weight: bold; margin-top: 0pt; white-space: nowrap; text-align: center;">failed to <br/></div><div class="BRDSX_fpara" style="color: #FFFFFF; font-family: Arial, Helvetica, sans-serif; font-size: 8pt; font-weight: bold; margin-top: 0pt; white-space: nowrap; text-align: center;">meet vesting <br/></div><div class="BRDSX_fpara" style="color: #FFFFFF; font-family: Arial, Helvetica, sans-serif; font-size: 8pt; font-weight: bold; margin-top: 0pt; white-space: nowrap; text-align: center;">conditions</div></td><td style="width: 4.51pt; background-color: #022953;"><div style="font-size: 1pt;"> </div></td><td style="width: 4.51pt; background-color: #022953;"><div style="font-size: 1pt;"> </div></td><td style="width: 50.21pt; padding-bottom: 3.13pt; text-align: left; vertical-align: bottom; background-color: #022953;"><div class="BRDSX_fpara" style="color: #FFFFFF; font-family: Arial, Helvetica, sans-serif; font-size: 8pt; font-weight: bold; margin-top: 0pt; text-align: center;">Compensation <br/></div><div class="BRDSX_fpara" style="color: #FFFFFF; font-family: Arial, Helvetica, sans-serif; font-size: 8pt; font-weight: bold; margin-top: 0pt; text-align: center;">actually paid</div></td><td style="width: 3pt; background-color: #022953;"><div style="font-size: 1pt;"> </div></td></tr><tr><td style="width: 3pt; border-bottom: 1pt solid #022953; background-color: #CCD5DF;"><div style="font-size: 1pt;"> </div></td><td colspan="25" style="width: 502pt; padding-top: 2.9pt; padding-bottom: 2.88pt; text-align: left; vertical-align: bottom; background-color: #CCD5DF; border-bottom: 1pt solid #022953;"><div class="BRDSX_fpara" style="color: #000000; font-family: Arial, Helvetica, sans-serif; font-size: 8pt; margin-top: 0pt; margin-left: 1.5pt; text-align: left;">PEO</div></td><td style="width: 3pt; border-bottom: 1pt solid #022953; background-color: #CCD5DF;"><div style="font-size: 1pt;"> </div></td></tr><tr><td style="width: 3pt; border-bottom: 1pt solid #022953;"><div style="font-size: 1pt;"> </div></td><td style="width: 48pt; padding-top: 2.65pt; padding-bottom: 2.88pt; text-align: left; vertical-align: bottom; border-bottom: 1pt solid #022953;"><div class="BRDSX_fpara" style="color: #000000; font-family: Arial, Helvetica, sans-serif; font-size: 8pt; margin-top: 0pt; margin-left: 1.5pt; text-align: left;">2025</div></td><td style="width: 4.51pt; border-bottom: 1pt solid #022953;"><div style="font-size: 1pt;"> </div></td><td style="width: 4.51pt; border-bottom: 1pt solid #022953;"><div style="font-size: 1pt;"> </div></td><td style="width: 49.3pt; padding-top: 2.65pt; padding-bottom: 2.88pt; text-align: center; vertical-align: bottom; white-space: nowrap; border-bottom: 1pt solid #022953;"><div class="BRDSX_fpara" style="color: #000000; font-family: Arial, Helvetica, sans-serif; font-size: 8pt; margin-top: 0pt; margin-left: 7.58pt; text-align: left;">$7,358,402</div></td><td style="width: 4.51pt; border-bottom: 1pt solid #022953;"><div style="font-size: 1pt;"> </div></td><td style="width: 4.51pt; border-bottom: 1pt solid #022953;"><div style="font-size: 1pt;"> </div></td><td style="width: 51.55pt; padding-top: 2.65pt; padding-bottom: 2.88pt; text-align: center; vertical-align: bottom; white-space: nowrap; border-bottom: 1pt solid #022953;"><div class="BRDSX_fpara" style="color: #000000; font-family: Arial, Helvetica, sans-serif; font-size: 8pt; margin-top: 0pt; margin-left: 8.71pt; text-align: left;">$5,590,000</div></td><td style="width: 4.51pt; border-bottom: 1pt solid #022953;"><div style="font-size: 1pt;"> </div></td><td style="width: 4.51pt; border-bottom: 1pt solid #022953;"><div style="font-size: 1pt;"> </div></td><td style="width: 49.54pt; padding-top: 2.65pt; padding-bottom: 2.88pt; text-align: center; vertical-align: bottom; white-space: nowrap; border-bottom: 1pt solid #022953;"><div class="BRDSX_fpara" style="color: #000000; font-family: Arial, Helvetica, sans-serif; font-size: 8pt; margin-top: 0pt; margin-left: 7.7pt; text-align: left;">$6,995,000</div></td><td style="width: 4.51pt; border-bottom: 1pt solid #022953;"><div style="font-size: 1pt;"> </div></td><td style="width: 4.51pt; border-bottom: 1pt solid #022953;"><div style="font-size: 1pt;"> </div></td><td style="width: 48.73pt; padding-top: 2.65pt; padding-bottom: 2.88pt; text-align: center; vertical-align: bottom; white-space: nowrap; border-bottom: 1pt solid #022953;"><div class="BRDSX_fpara" style="color: #000000; font-family: Arial, Helvetica, sans-serif; font-size: 8pt; margin-top: 0pt; margin-left: 7.29pt; text-align: left;">$2,735,020</div></td><td style="width: 4.51pt; border-bottom: 1pt solid #022953;"><div style="font-size: 1pt;"> </div></td><td style="width: 4.51pt; border-bottom: 1pt solid #022953;"><div style="font-size: 1pt;"> </div></td><td style="width: 47.47pt; padding-top: 2.65pt; padding-bottom: 2.88pt; text-align: center; vertical-align: bottom; white-space: nowrap; border-bottom: 1pt solid #022953;"><div class="BRDSX_fpara" style="color: #000000; font-family: Arial, Helvetica, sans-serif; font-size: 8pt; margin-top: 0pt; margin-left: 9.45pt; text-align: left;">$574,389</div></td><td style="width: 4.51pt; border-bottom: 1pt solid #022953;"><div style="font-size: 1pt;"> </div></td><td style="width: 4.51pt; border-bottom: 1pt solid #022953;"><div style="font-size: 1pt;"> </div></td><td style="width: 40.62pt; padding-top: 2.65pt; padding-bottom: 2.88pt; text-align: center; vertical-align: bottom; white-space: nowrap; border-bottom: 1pt solid #022953;"><div class="BRDSX_fpara" style="color: #000000; font-family: Arial, Helvetica, sans-serif; font-size: 8pt; margin-top: 0pt; margin-left: 3.24pt; text-align: left;">$8,743,191</div></td><td style="width: 4.51pt; border-bottom: 1pt solid #022953;"><div style="font-size: 1pt;"> </div></td><td style="width: 4.51pt; border-bottom: 1pt solid #022953;"><div style="font-size: 1pt;"> </div></td><td style="width: 44.42pt; padding-top: 2.65pt; padding-bottom: 2.88pt; text-align: center; vertical-align: bottom; white-space: nowrap; border-bottom: 1pt solid #022953;"><div class="BRDSX_fpara" style="color: #000000; font-family: Arial, Helvetica, sans-serif; font-size: 8pt; margin-top: 0pt; margin-left: 17.09pt; text-align: left;">$—</div></td><td style="width: 4.51pt; border-bottom: 1pt solid #022953;"><div style="font-size: 1pt;"> </div></td><td style="width: 4.51pt; border-bottom: 1pt solid #022953;"><div style="font-size: 1pt;"> </div></td><td style="width: 50.21pt; padding-top: 2.65pt; padding-bottom: 2.88pt; text-align: center; vertical-align: bottom; white-space: nowrap; border-bottom: 1pt solid #022953;"><div class="BRDSX_fpara" style="color: #000000; font-family: Arial, Helvetica, sans-serif; font-size: 8pt; margin-top: 0pt; margin-left: 6.12pt; text-align: left;">$20,816,002 </div></td><td style="width: 3pt; border-bottom: 1pt solid #022953;"><div style="font-size: 1pt;"> </div></td></tr><tr><td style="width: 3pt; border-bottom: 1pt solid #022953; background-color: #CCD5DF;"><div style="font-size: 1pt;"> </div></td><td colspan="25" style="width: 502pt; padding-top: 2.65pt; padding-bottom: 2.88pt; text-align: left; vertical-align: bottom; background-color: #CCD5DF; border-bottom: 1pt solid #022953;"><div class="BRDSX_fpara" style="color: #000000; font-family: Arial, Helvetica, sans-serif; font-size: 8pt; margin-top: 0pt; margin-left: 1.5pt; text-align: left;">Average Non-PEO Named Executive Officers</div></td><td style="width: 3pt; border-bottom: 1pt solid #022953; background-color: #CCD5DF;"><div style="font-size: 1pt;"> </div></td></tr><tr><td style="width: 3pt;"><div style="font-size: 1pt;"> </div></td><td style="width: 48pt; padding-top: 2.65pt; text-align: left; vertical-align: bottom;"><div class="BRDSX_fpara" style="color: #000000; font-family: Arial, Helvetica, sans-serif; font-size: 8pt; margin-top: 0pt; margin-left: 1.5pt; text-align: left;">2025</div></td><td style="width: 4.51pt;"><div style="font-size: 1pt;"> </div></td><td style="width: 4.51pt;"><div style="font-size: 1pt;"> </div></td><td style="width: 49.3pt; padding-top: 2.65pt; text-align: center; vertical-align: bottom; white-space: nowrap;"><div class="BRDSX_fpara" style="color: #000000; font-family: Arial, Helvetica, sans-serif; font-size: 8pt; margin-top: 0pt; margin-left: 7.58pt; text-align: left;">$3,313,152</div></td><td style="width: 4.51pt;"><div style="font-size: 1pt;"> </div></td><td style="width: 4.51pt;"><div style="font-size: 1pt;"> </div></td><td style="width: 51.55pt; padding-top: 2.65pt; text-align: center; vertical-align: bottom; white-space: nowrap;"><div class="BRDSX_fpara" style="color: #000000; font-family: Arial, Helvetica, sans-serif; font-size: 8pt; margin-top: 0pt; margin-left: 8.71pt; text-align: left;">$2,515,500</div></td><td style="width: 4.51pt;"><div style="font-size: 1pt;"> </div></td><td style="width: 4.51pt;"><div style="font-size: 1pt;"> </div></td><td style="width: 49.54pt; padding-top: 2.65pt; text-align: center; vertical-align: bottom; white-space: nowrap;"><div class="BRDSX_fpara" style="color: #000000; font-family: Arial, Helvetica, sans-serif; font-size: 8pt; margin-top: 0pt; margin-left: 7.7pt; text-align: left;">$3,147,750</div></td><td style="width: 4.51pt;"><div style="font-size: 1pt;"> </div></td><td style="width: 4.51pt;"><div style="font-size: 1pt;"> </div></td><td style="width: 48.73pt; padding-top: 2.65pt; text-align: center; vertical-align: bottom; white-space: nowrap;"><div class="BRDSX_fpara" style="color: #000000; font-family: Arial, Helvetica, sans-serif; font-size: 8pt; margin-top: 0pt; margin-left: 7.29pt; text-align: left;">$1,246,166</div></td><td style="width: 4.51pt;"><div style="font-size: 1pt;"> </div></td><td style="width: 4.51pt;"><div style="font-size: 1pt;"> </div></td><td style="width: 47.47pt; padding-top: 2.65pt; text-align: center; vertical-align: bottom; white-space: nowrap;"><div class="BRDSX_fpara" style="color: #000000; font-family: Arial, Helvetica, sans-serif; font-size: 8pt; margin-top: 0pt; margin-left: 9.45pt; text-align: left;">$201,758</div></td><td style="width: 4.51pt;"><div style="font-size: 1pt;"> </div></td><td style="width: 4.51pt;"><div style="font-size: 1pt;"> </div></td><td style="width: 40.62pt; padding-top: 2.65pt; text-align: center; vertical-align: bottom; white-space: nowrap;"><div class="BRDSX_fpara" style="color: #000000; font-family: Arial, Helvetica, sans-serif; font-size: 8pt; margin-top: 0pt; margin-left: 3.24pt; text-align: left;">$<span style="padding-left: 6.75pt;">656,312</span></div></td><td style="width: 4.51pt;"><div style="font-size: 1pt;"> </div></td><td style="width: 4.51pt;"><div style="font-size: 1pt;"> </div></td><td style="width: 44.42pt; padding-top: 2.65pt; text-align: center; vertical-align: bottom; white-space: nowrap;"><div class="BRDSX_fpara" style="color: #000000; font-family: Arial, Helvetica, sans-serif; font-size: 8pt; margin-top: 0pt; margin-left: 17.09pt; text-align: left;">$—</div></td><td style="width: 4.51pt;"><div style="font-size: 1pt;"> </div></td><td style="width: 4.51pt;"><div style="font-size: 1pt;"> </div></td><td style="width: 50.21pt; padding-top: 2.65pt; text-align: center; vertical-align: bottom; white-space: nowrap;"><div class="BRDSX_fpara" style="color: #000000; font-family: Arial, Helvetica, sans-serif; font-size: 8pt; margin-top: 0pt; margin-left: 6.12pt; text-align: left;">$<span style="padding-left: 4.5pt;">6,049,638</span></div></td><td style="width: 3pt;"><div style="font-size: 1pt;"> </div></td></tr><tr class="BRDSX_boxspacer"><td style="height: 3.25pt; width: 3pt;"><div style="font-size: 1pt;"> </div></td><td style="height: 3.25pt; width: 48pt;"><div style="font-size: 1pt;"> </div></td><td style="height: 3.25pt; width: 4.51pt;"><div style="font-size: 1pt;"> </div></td><td style="height: 3.25pt; width: 4.51pt;"><div style="font-size: 1pt;"> </div></td><td style="height: 3.25pt; width: 49.3pt;"><div style="font-size: 1pt;"> </div></td><td style="height: 3.25pt; width: 4.51pt;"><div style="font-size: 1pt;"> </div></td><td style="height: 3.25pt; width: 4.51pt;"><div style="font-size: 1pt;"> </div></td><td style="height: 3.25pt; width: 51.55pt;"><div style="font-size: 1pt;"> </div></td><td style="height: 3.25pt; width: 4.51pt;"><div style="font-size: 1pt;"> </div></td><td style="height: 3.25pt; width: 4.51pt;"><div style="font-size: 1pt;"> </div></td><td style="height: 3.25pt; width: 49.54pt;"><div style="font-size: 1pt;"> </div></td><td style="height: 3.25pt; width: 4.51pt;"><div style="font-size: 1pt;"> </div></td><td style="height: 3.25pt; width: 4.51pt;"><div style="font-size: 1pt;"> </div></td><td style="height: 3.25pt; width: 48.73pt;"><div style="font-size: 1pt;"> </div></td><td style="height: 3.25pt; width: 4.51pt;"><div style="font-size: 1pt;"> </div></td><td style="height: 3.25pt; width: 4.51pt;"><div style="font-size: 1pt;"> </div></td><td style="height: 3.25pt; width: 47.47pt;"><div style="font-size: 1pt;"> </div></td><td style="height: 3.25pt; width: 4.51pt;"><div style="font-size: 1pt;"> </div></td><td style="height: 3.25pt; width: 4.51pt;"><div style="font-size: 1pt;"> </div></td><td style="height: 3.25pt; width: 40.62pt;"><div style="font-size: 1pt;"> </div></td><td style="height: 3.25pt; width: 4.51pt;"><div style="font-size: 1pt;"> </div></td><td style="height: 3.25pt; width: 4.51pt;"><div style="font-size: 1pt;"> </div></td><td style="height: 3.25pt; width: 44.42pt;"><div style="font-size: 1pt;"> </div></td><td style="height: 3.25pt; width: 4.51pt;"><div style="font-size: 1pt;"> </div></td><td style="height: 3.25pt; width: 4.51pt;"><div style="font-size: 1pt;"> </div></td><td style="height: 3.25pt; width: 50.21pt;"><div style="font-size: 1pt;"> </div></td><td style="height: 3.25pt; width: 3pt;"><div style="font-size: 1pt;"> </div></td></tr></table> <table border="0" cellpadding="0" style="border-spacing: 0; margin-top: 2pt; margin-left: 0pt;"><tr><td style="width: 20pt; text-align: left; vertical-align: top;"><div style="color: #000000; font-family: Arial, Helvetica, sans-serif; font-size: 8pt;">(2)<br/></div></td><td style="vertical-align: top;"><div style="color: #000000; font-family: Arial, Helvetica, sans-serif; font-size: 8pt; text-align: left;">Represents compensation actually paid to Mr. McRae and the average amount paid to our non-PEO NEOs as a group, as computed in accordance with Item 402(v) of Regulation S-K. The dollar amounts do not reflect the actual amount of compensation earned during the applicable year. In accordance with the requirements of Item 402(v) of Regulation S-K, the following adjustments were made to Mr. McRae’s total compensation and average total reported compensation for our non-PEO NEOs as a group for 2025 as reported in the Summary Compensation Table to determine the CAP. The following table reflects the value of equity calculated in accordance with the SEC methodology for determining CAP for each year shown. We use the closing price on the applicable date as a basis for fair value. Fair values for certain PSU award are measured using a Monte Carlo simulation model as PSUs contain a market condition at the time of grant (as calculated in accordance with FASB ASC Topic 718), and the valuation assumptions used to calculate fair values did not materially differ from those disclosed at the time of the grant. </div></td></tr></table><table cellpadding="0" class="BRDSX_fintab" style="border-spacing: 0; border-bottom: 3pt solid #022953; width: 508pt; margin-left: 20pt;"><tr class="BRDSX_boxspacer"><td style="height: 6pt; width: 3pt; background-color: #022953;"><div style="font-size: 1pt;"> </div></td><td style="height: 6pt; width: 48pt; background-color: #022953;"><div style="font-size: 1pt;"> </div></td><td style="height: 6pt; width: 4.51pt; background-color: #022953;"><div style="font-size: 1pt;"> </div></td><td style="height: 6pt; width: 4.51pt; background-color: #022953;"><div style="font-size: 1pt;"> </div></td><td style="height: 6pt; width: 49.3pt; background-color: #022953;"><div style="font-size: 1pt;"> </div></td><td style="height: 6pt; width: 4.51pt; background-color: #022953;"><div style="font-size: 1pt;"> </div></td><td style="height: 6pt; width: 4.51pt; background-color: #022953;"><div style="font-size: 1pt;"> </div></td><td style="height: 6pt; width: 51.55pt; background-color: #022953;"><div style="font-size: 1pt;"> </div></td><td style="height: 6pt; width: 4.51pt; background-color: #022953;"><div style="font-size: 1pt;"> </div></td><td style="height: 6pt; width: 4.51pt; background-color: #022953;"><div style="font-size: 1pt;"> </div></td><td style="height: 6pt; width: 49.54pt; background-color: #022953;"><div style="font-size: 1pt;"> </div></td><td style="height: 6pt; width: 4.51pt; background-color: #022953;"><div style="font-size: 1pt;"> </div></td><td style="height: 6pt; width: 4.51pt; background-color: #022953;"><div style="font-size: 1pt;"> </div></td><td style="height: 6pt; width: 48.73pt; background-color: #022953;"><div style="font-size: 1pt;"> </div></td><td style="height: 6pt; width: 4.51pt; background-color: #022953;"><div style="font-size: 1pt;"> </div></td><td style="height: 6pt; width: 4.51pt; background-color: #022953;"><div style="font-size: 1pt;"> </div></td><td style="height: 6pt; width: 47.47pt; background-color: #022953;"><div style="font-size: 1pt;"> </div></td><td style="height: 6pt; width: 4.51pt; background-color: #022953;"><div style="font-size: 1pt;"> </div></td><td style="height: 6pt; width: 4.51pt; background-color: #022953;"><div style="font-size: 1pt;"> </div></td><td style="height: 6pt; width: 40.62pt; background-color: #022953;"><div style="font-size: 1pt;"> </div></td><td style="height: 6pt; width: 4.51pt; background-color: #022953;"><div style="font-size: 1pt;"> </div></td><td style="height: 6pt; width: 4.51pt; background-color: #022953;"><div style="font-size: 1pt;"> </div></td><td style="height: 6pt; width: 44.42pt; background-color: #022953;"><div style="font-size: 1pt;"> </div></td><td style="height: 6pt; width: 4.51pt; background-color: #022953;"><div style="font-size: 1pt;"> </div></td><td style="height: 6pt; width: 4.51pt; background-color: #022953;"><div style="font-size: 1pt;"> </div></td><td style="height: 6pt; width: 50.21pt; background-color: #022953;"><div style="font-size: 1pt;"> </div></td><td style="height: 6pt; width: 3pt; background-color: #022953;"><div style="font-size: 1pt;"> </div></td></tr><tr class="BRDSX_header"><td style="width: 3pt; background-color: #022953;"><div style="font-size: 1pt;"> </div></td><td style="width: 48pt; padding-bottom: 3.13pt; text-align: left; vertical-align: bottom; background-color: #022953;"><div class="BRDSX_fpara" style="color: #FFFFFF; font-family: Arial, Helvetica, sans-serif; font-size: 8pt; font-weight: bold; margin-top: 0pt; margin-left: 1.5pt; text-align: left;">Year and position</div></td><td style="width: 4.51pt; background-color: #022953;"><div style="font-size: 1pt;"> </div></td><td style="width: 4.51pt; background-color: #022953;"><div style="font-size: 1pt;"> </div></td><td style="width: 49.3pt; padding-bottom: 3.13pt; text-align: left; vertical-align: bottom; background-color: #022953;"><div class="BRDSX_fpara" style="color: #FFFFFF; font-family: Arial, Helvetica, sans-serif; font-size: 8pt; font-weight: bold; margin-top: 0pt; text-align: center;">Summary <br/></div><div class="BRDSX_fpara" style="color: #FFFFFF; font-family: Arial, Helvetica, sans-serif; font-size: 8pt; font-weight: bold; margin-top: 0pt; text-align: center;">compensation <br/></div><div class="BRDSX_fpara" style="color: #FFFFFF; font-family: Arial, Helvetica, sans-serif; font-size: 8pt; font-weight: bold; margin-top: 0pt; text-align: center;">table total</div></td><td style="width: 4.51pt; background-color: #022953;"><div style="font-size: 1pt;"> </div></td><td style="width: 4.51pt; background-color: #022953;"><div style="font-size: 1pt;"> </div></td><td style="width: 51.55pt; padding-bottom: 3.13pt; text-align: left; vertical-align: bottom; background-color: #022953;"><div class="BRDSX_fpara" style="color: #FFFFFF; font-family: Arial, Helvetica, sans-serif; font-size: 8pt; font-weight: bold; margin-top: 0pt; white-space: nowrap; text-align: center;">Less: <br/></div><div class="BRDSX_fpara" style="color: #FFFFFF; font-family: Arial, Helvetica, sans-serif; font-size: 8pt; font-weight: bold; margin-top: 0pt; white-space: nowrap; text-align: center;">Grant date <br/></div><div class="BRDSX_fpara" style="color: #FFFFFF; font-family: Arial, Helvetica, sans-serif; font-size: 8pt; font-weight: bold; margin-top: 0pt; white-space: nowrap; text-align: center;">fair value of <br/></div><div class="BRDSX_fpara" style="color: #FFFFFF; font-family: Arial, Helvetica, sans-serif; font-size: 8pt; font-weight: bold; margin-top: 0pt; white-space: nowrap; text-align: center;">equity awards <br/></div><div class="BRDSX_fpara" style="color: #FFFFFF; font-family: Arial, Helvetica, sans-serif; font-size: 8pt; font-weight: bold; margin-top: 0pt; white-space: nowrap; text-align: center;">reported in the <br/></div><div class="BRDSX_fpara" style="color: #FFFFFF; font-family: Arial, Helvetica, sans-serif; font-size: 8pt; font-weight: bold; margin-top: 0pt; white-space: nowrap; text-align: center;">summary <br/></div><div class="BRDSX_fpara" style="color: #FFFFFF; font-family: Arial, Helvetica, sans-serif; font-size: 8pt; font-weight: bold; margin-top: 0pt; white-space: nowrap; text-align: center;">compensation <br/></div><div class="BRDSX_fpara" style="color: #FFFFFF; font-family: Arial, Helvetica, sans-serif; font-size: 8pt; font-weight: bold; margin-top: 0pt; white-space: nowrap; text-align: center;">table</div></td><td style="width: 4.51pt; background-color: #022953;"><div style="font-size: 1pt;"> </div></td><td style="width: 4.51pt; background-color: #022953;"><div style="font-size: 1pt;"> </div></td><td style="width: 49.54pt; padding-bottom: 3.13pt; text-align: left; vertical-align: bottom; background-color: #022953;"><div class="BRDSX_fpara" style="color: #FFFFFF; font-family: Arial, Helvetica, sans-serif; font-size: 8pt; font-weight: bold; margin-top: 0pt; white-space: nowrap; text-align: center;">Plus: <br/></div><div class="BRDSX_fpara" style="color: #FFFFFF; font-family: Arial, Helvetica, sans-serif; font-size: 8pt; font-weight: bold; margin-top: 0pt; white-space: nowrap; text-align: center;">Fair value of <br/></div><div class="BRDSX_fpara" style="color: #FFFFFF; font-family: Arial, Helvetica, sans-serif; font-size: 8pt; font-weight: bold; margin-top: 0pt; white-space: nowrap; text-align: center;">equity awards <br/></div><div class="BRDSX_fpara" style="color: #FFFFFF; font-family: Arial, Helvetica, sans-serif; font-size: 8pt; font-weight: bold; margin-top: 0pt; white-space: nowrap; text-align: center;">granted <br/></div><div class="BRDSX_fpara" style="color: #FFFFFF; font-family: Arial, Helvetica, sans-serif; font-size: 8pt; font-weight: bold; margin-top: 0pt; white-space: nowrap; text-align: center;">during the <br/></div><div class="BRDSX_fpara" style="color: #FFFFFF; font-family: Arial, Helvetica, sans-serif; font-size: 8pt; font-weight: bold; margin-top: 0pt; white-space: nowrap; text-align: center;">year that <br/></div><div class="BRDSX_fpara" style="color: #FFFFFF; font-family: Arial, Helvetica, sans-serif; font-size: 8pt; font-weight: bold; margin-top: 0pt; white-space: nowrap; text-align: center;">remain <br/></div><div class="BRDSX_fpara" style="color: #FFFFFF; font-family: Arial, Helvetica, sans-serif; font-size: 8pt; font-weight: bold; margin-top: 0pt; white-space: nowrap; text-align: center;">unvested as of <br/></div><div class="BRDSX_fpara" style="color: #FFFFFF; font-family: Arial, Helvetica, sans-serif; font-size: 8pt; font-weight: bold; margin-top: 0pt; white-space: nowrap; text-align: center;">year end</div></td><td style="width: 4.51pt; background-color: #022953;"><div style="font-size: 1pt;"> </div></td><td style="width: 4.51pt; background-color: #022953;"><div style="font-size: 1pt;"> </div></td><td style="width: 48.73pt; padding-bottom: 3.13pt; text-align: left; vertical-align: bottom; background-color: #022953;"><div class="BRDSX_fpara" style="color: #FFFFFF; font-family: Arial, Helvetica, sans-serif; font-size: 8pt; font-weight: bold; margin-top: 0pt; white-space: nowrap; text-align: center;">Plus:<br/></div><div class="BRDSX_fpara" style="color: #FFFFFF; font-family: Arial, Helvetica, sans-serif; font-size: 8pt; font-weight: bold; margin-top: 0pt; white-space: nowrap; text-align: center;">Fair value of <br/></div><div class="BRDSX_fpara" style="color: #FFFFFF; font-family: Arial, Helvetica, sans-serif; font-size: 8pt; font-weight: bold; margin-top: 0pt; white-space: nowrap; text-align: center;">equity awards <br/></div><div class="BRDSX_fpara" style="color: #FFFFFF; font-family: Arial, Helvetica, sans-serif; font-size: 8pt; font-weight: bold; margin-top: 0pt; white-space: nowrap; text-align: center;">granted <br/></div><div class="BRDSX_fpara" style="color: #FFFFFF; font-family: Arial, Helvetica, sans-serif; font-size: 8pt; font-weight: bold; margin-top: 0pt; white-space: nowrap; text-align: center;">during the <br/></div><div class="BRDSX_fpara" style="color: #FFFFFF; font-family: Arial, Helvetica, sans-serif; font-size: 8pt; font-weight: bold; margin-top: 0pt; white-space: nowrap; text-align: center;">year that <br/></div><div class="BRDSX_fpara" style="color: #FFFFFF; font-family: Arial, Helvetica, sans-serif; font-size: 8pt; font-weight: bold; margin-top: 0pt; white-space: nowrap; text-align: center;">vested during <br/></div><div class="BRDSX_fpara" style="color: #FFFFFF; font-family: Arial, Helvetica, sans-serif; font-size: 8pt; font-weight: bold; margin-top: 0pt; white-space: nowrap; text-align: center;">the year</div></td><td style="width: 4.51pt; background-color: #022953;"><div style="font-size: 1pt;"> </div></td><td style="width: 4.51pt; background-color: #022953;"><div style="font-size: 1pt;"> </div></td><td style="width: 47.47pt; padding-bottom: 3.13pt; text-align: left; vertical-align: bottom; background-color: #022953;"><div class="BRDSX_fpara" style="color: #FFFFFF; font-family: Arial, Helvetica, sans-serif; font-size: 8pt; font-weight: bold; margin-top: 0pt; white-space: nowrap; text-align: center;">Plus:<br/></div><div class="BRDSX_fpara" style="color: #FFFFFF; font-family: Arial, Helvetica, sans-serif; font-size: 8pt; font-weight: bold; margin-top: 0pt; white-space: nowrap; text-align: center;">Change in <br/></div><div class="BRDSX_fpara" style="color: #FFFFFF; font-family: Arial, Helvetica, sans-serif; font-size: 8pt; font-weight: bold; margin-top: 0pt; white-space: nowrap; text-align: center;">fair value of <br/></div><div class="BRDSX_fpara" style="color: #FFFFFF; font-family: Arial, Helvetica, sans-serif; font-size: 8pt; font-weight: bold; margin-top: 0pt; white-space: nowrap; text-align: center;">prior years’ <br/></div><div class="BRDSX_fpara" style="color: #FFFFFF; font-family: Arial, Helvetica, sans-serif; font-size: 8pt; font-weight: bold; margin-top: 0pt; white-space: nowrap; text-align: center;">equity <br/></div><div class="BRDSX_fpara" style="color: #FFFFFF; font-family: Arial, Helvetica, sans-serif; font-size: 8pt; font-weight: bold; margin-top: 0pt; white-space: nowrap; text-align: center;">awards that <br/></div><div class="BRDSX_fpara" style="color: #FFFFFF; font-family: Arial, Helvetica, sans-serif; font-size: 8pt; font-weight: bold; margin-top: 0pt; white-space: nowrap; text-align: center;">outstanding <br/></div><div class="BRDSX_fpara" style="color: #FFFFFF; font-family: Arial, Helvetica, sans-serif; font-size: 8pt; font-weight: bold; margin-top: 0pt; white-space: nowrap; text-align: center;">and unvested <br/></div><div class="BRDSX_fpara" style="color: #FFFFFF; font-family: Arial, Helvetica, sans-serif; font-size: 8pt; font-weight: bold; margin-top: 0pt; white-space: nowrap; text-align: center;">as of year end</div></td><td style="width: 4.51pt; background-color: #022953;"><div style="font-size: 1pt;"> </div></td><td style="width: 4.51pt; background-color: #022953;"><div style="font-size: 1pt;"> </div></td><td style="width: 40.62pt; padding-bottom: 3.13pt; text-align: left; vertical-align: bottom; background-color: #022953;"><div class="BRDSX_fpara" style="color: #FFFFFF; font-family: Arial, Helvetica, sans-serif; font-size: 8pt; font-weight: bold; margin-top: 0pt; white-space: nowrap; text-align: center;">Plus:<br/></div><div class="BRDSX_fpara" style="color: #FFFFFF; font-family: Arial, Helvetica, sans-serif; font-size: 8pt; font-weight: bold; margin-top: 0pt; white-space: nowrap; text-align: center;">Change in <br/></div><div class="BRDSX_fpara" style="color: #FFFFFF; font-family: Arial, Helvetica, sans-serif; font-size: 8pt; font-weight: bold; margin-top: 0pt; white-space: nowrap; text-align: center;">fair value of <br/></div><div class="BRDSX_fpara" style="color: #FFFFFF; font-family: Arial, Helvetica, sans-serif; font-size: 8pt; font-weight: bold; margin-top: 0pt; white-space: nowrap; text-align: center;">prior years’ <br/></div><div class="BRDSX_fpara" style="color: #FFFFFF; font-family: Arial, Helvetica, sans-serif; font-size: 8pt; font-weight: bold; margin-top: 0pt; white-space: nowrap; text-align: center;">equity <br/></div><div class="BRDSX_fpara" style="color: #FFFFFF; font-family: Arial, Helvetica, sans-serif; font-size: 8pt; font-weight: bold; margin-top: 0pt; white-space: nowrap; text-align: center;">awards <br/></div><div class="BRDSX_fpara" style="color: #FFFFFF; font-family: Arial, Helvetica, sans-serif; font-size: 8pt; font-weight: bold; margin-top: 0pt; white-space: nowrap; text-align: center;">vested <br/></div><div class="BRDSX_fpara" style="color: #FFFFFF; font-family: Arial, Helvetica, sans-serif; font-size: 8pt; font-weight: bold; margin-top: 0pt; white-space: nowrap; text-align: center;">during the <br/></div><div class="BRDSX_fpara" style="color: #FFFFFF; font-family: Arial, Helvetica, sans-serif; font-size: 8pt; font-weight: bold; margin-top: 0pt; white-space: nowrap; text-align: center;">year</div></td><td style="width: 4.51pt; background-color: #022953;"><div style="font-size: 1pt;"> </div></td><td style="width: 4.51pt; background-color: #022953;"><div style="font-size: 1pt;"> </div></td><td style="width: 44.42pt; padding-bottom: 3.13pt; text-align: left; vertical-align: bottom; background-color: #022953;"><div class="BRDSX_fpara" style="color: #FFFFFF; font-family: Arial, Helvetica, sans-serif; font-size: 8pt; font-weight: bold; margin-top: 0pt; white-space: nowrap; text-align: center;">Less: <br/></div><div class="BRDSX_fpara" style="color: #FFFFFF; font-family: Arial, Helvetica, sans-serif; font-size: 8pt; font-weight: bold; margin-top: 0pt; white-space: nowrap; text-align: center;">Fair value of <br/></div><div class="BRDSX_fpara" style="color: #FFFFFF; font-family: Arial, Helvetica, sans-serif; font-size: 8pt; font-weight: bold; margin-top: 0pt; white-space: nowrap; text-align: center;">prior years’ <br/></div><div class="BRDSX_fpara" style="color: #FFFFFF; font-family: Arial, Helvetica, sans-serif; font-size: 8pt; font-weight: bold; margin-top: 0pt; white-space: nowrap; text-align: center;">equity <br/></div><div class="BRDSX_fpara" style="color: #FFFFFF; font-family: Arial, Helvetica, sans-serif; font-size: 8pt; font-weight: bold; margin-top: 0pt; white-space: nowrap; text-align: center;">awards that <br/></div><div class="BRDSX_fpara" style="color: #FFFFFF; font-family: Arial, Helvetica, sans-serif; font-size: 8pt; font-weight: bold; margin-top: 0pt; white-space: nowrap; text-align: center;">failed to <br/></div><div class="BRDSX_fpara" style="color: #FFFFFF; font-family: Arial, Helvetica, sans-serif; font-size: 8pt; font-weight: bold; margin-top: 0pt; white-space: nowrap; text-align: center;">meet vesting <br/></div><div class="BRDSX_fpara" style="color: #FFFFFF; font-family: Arial, Helvetica, sans-serif; font-size: 8pt; font-weight: bold; margin-top: 0pt; white-space: nowrap; text-align: center;">conditions</div></td><td style="width: 4.51pt; background-color: #022953;"><div style="font-size: 1pt;"> </div></td><td style="width: 4.51pt; background-color: #022953;"><div style="font-size: 1pt;"> </div></td><td style="width: 50.21pt; padding-bottom: 3.13pt; text-align: left; vertical-align: bottom; background-color: #022953;"><div class="BRDSX_fpara" style="color: #FFFFFF; font-family: Arial, Helvetica, sans-serif; font-size: 8pt; font-weight: bold; margin-top: 0pt; text-align: center;">Compensation <br/></div><div class="BRDSX_fpara" style="color: #FFFFFF; font-family: Arial, Helvetica, sans-serif; font-size: 8pt; font-weight: bold; margin-top: 0pt; text-align: center;">actually paid</div></td><td style="width: 3pt; background-color: #022953;"><div style="font-size: 1pt;"> </div></td></tr><tr><td style="width: 3pt; border-bottom: 1pt solid #022953; background-color: #CCD5DF;"><div style="font-size: 1pt;"> </div></td><td colspan="25" style="width: 502pt; padding-top: 2.9pt; padding-bottom: 2.88pt; text-align: left; vertical-align: bottom; background-color: #CCD5DF; border-bottom: 1pt solid #022953;"><div class="BRDSX_fpara" style="color: #000000; font-family: Arial, Helvetica, sans-serif; font-size: 8pt; margin-top: 0pt; margin-left: 1.5pt; text-align: left;">PEO</div></td><td style="width: 3pt; border-bottom: 1pt solid #022953; background-color: #CCD5DF;"><div style="font-size: 1pt;"> </div></td></tr><tr><td style="width: 3pt; border-bottom: 1pt solid #022953;"><div style="font-size: 1pt;"> </div></td><td style="width: 48pt; padding-top: 2.65pt; padding-bottom: 2.88pt; text-align: left; vertical-align: bottom; border-bottom: 1pt solid #022953;"><div class="BRDSX_fpara" style="color: #000000; font-family: Arial, Helvetica, sans-serif; font-size: 8pt; margin-top: 0pt; margin-left: 1.5pt; text-align: left;">2025</div></td><td style="width: 4.51pt; border-bottom: 1pt solid #022953;"><div style="font-size: 1pt;"> </div></td><td style="width: 4.51pt; border-bottom: 1pt solid #022953;"><div style="font-size: 1pt;"> </div></td><td style="width: 49.3pt; padding-top: 2.65pt; padding-bottom: 2.88pt; text-align: center; vertical-align: bottom; white-space: nowrap; border-bottom: 1pt solid #022953;"><div class="BRDSX_fpara" style="color: #000000; font-family: Arial, Helvetica, sans-serif; font-size: 8pt; margin-top: 0pt; margin-left: 7.58pt; text-align: left;">$7,358,402</div></td><td style="width: 4.51pt; border-bottom: 1pt solid #022953;"><div style="font-size: 1pt;"> </div></td><td style="width: 4.51pt; border-bottom: 1pt solid #022953;"><div style="font-size: 1pt;"> </div></td><td style="width: 51.55pt; padding-top: 2.65pt; padding-bottom: 2.88pt; text-align: center; vertical-align: bottom; white-space: nowrap; border-bottom: 1pt solid #022953;"><div class="BRDSX_fpara" style="color: #000000; font-family: Arial, Helvetica, sans-serif; font-size: 8pt; margin-top: 0pt; margin-left: 8.71pt; text-align: left;">$5,590,000</div></td><td style="width: 4.51pt; border-bottom: 1pt solid #022953;"><div style="font-size: 1pt;"> </div></td><td style="width: 4.51pt; border-bottom: 1pt solid #022953;"><div style="font-size: 1pt;"> </div></td><td style="width: 49.54pt; padding-top: 2.65pt; padding-bottom: 2.88pt; text-align: center; vertical-align: bottom; white-space: nowrap; border-bottom: 1pt solid #022953;"><div class="BRDSX_fpara" style="color: #000000; font-family: Arial, Helvetica, sans-serif; font-size: 8pt; margin-top: 0pt; margin-left: 7.7pt; text-align: left;">$6,995,000</div></td><td style="width: 4.51pt; border-bottom: 1pt solid #022953;"><div style="font-size: 1pt;"> </div></td><td style="width: 4.51pt; border-bottom: 1pt solid #022953;"><div style="font-size: 1pt;"> </div></td><td style="width: 48.73pt; padding-top: 2.65pt; padding-bottom: 2.88pt; text-align: center; vertical-align: bottom; white-space: nowrap; border-bottom: 1pt solid #022953;"><div class="BRDSX_fpara" style="color: #000000; font-family: Arial, Helvetica, sans-serif; font-size: 8pt; margin-top: 0pt; margin-left: 7.29pt; text-align: left;">$2,735,020</div></td><td style="width: 4.51pt; border-bottom: 1pt solid #022953;"><div style="font-size: 1pt;"> </div></td><td style="width: 4.51pt; border-bottom: 1pt solid #022953;"><div style="font-size: 1pt;"> </div></td><td style="width: 47.47pt; padding-top: 2.65pt; padding-bottom: 2.88pt; text-align: center; vertical-align: bottom; white-space: nowrap; border-bottom: 1pt solid #022953;"><div class="BRDSX_fpara" style="color: #000000; font-family: Arial, Helvetica, sans-serif; font-size: 8pt; margin-top: 0pt; margin-left: 9.45pt; text-align: left;">$574,389</div></td><td style="width: 4.51pt; border-bottom: 1pt solid #022953;"><div style="font-size: 1pt;"> </div></td><td style="width: 4.51pt; border-bottom: 1pt solid #022953;"><div style="font-size: 1pt;"> </div></td><td style="width: 40.62pt; padding-top: 2.65pt; padding-bottom: 2.88pt; text-align: center; vertical-align: bottom; white-space: nowrap; border-bottom: 1pt solid #022953;"><div class="BRDSX_fpara" style="color: #000000; font-family: Arial, Helvetica, sans-serif; font-size: 8pt; margin-top: 0pt; margin-left: 3.24pt; text-align: left;">$8,743,191</div></td><td style="width: 4.51pt; border-bottom: 1pt solid #022953;"><div style="font-size: 1pt;"> </div></td><td style="width: 4.51pt; border-bottom: 1pt solid #022953;"><div style="font-size: 1pt;"> </div></td><td style="width: 44.42pt; padding-top: 2.65pt; padding-bottom: 2.88pt; text-align: center; vertical-align: bottom; white-space: nowrap; border-bottom: 1pt solid #022953;"><div class="BRDSX_fpara" style="color: #000000; font-family: Arial, Helvetica, sans-serif; font-size: 8pt; margin-top: 0pt; margin-left: 17.09pt; text-align: left;">$—</div></td><td style="width: 4.51pt; border-bottom: 1pt solid #022953;"><div style="font-size: 1pt;"> </div></td><td style="width: 4.51pt; border-bottom: 1pt solid #022953;"><div style="font-size: 1pt;"> </div></td><td style="width: 50.21pt; padding-top: 2.65pt; padding-bottom: 2.88pt; text-align: center; vertical-align: bottom; white-space: nowrap; border-bottom: 1pt solid #022953;"><div class="BRDSX_fpara" style="color: #000000; font-family: Arial, Helvetica, sans-serif; font-size: 8pt; margin-top: 0pt; margin-left: 6.12pt; text-align: left;">$20,816,002 </div></td><td style="width: 3pt; border-bottom: 1pt solid #022953;"><div style="font-size: 1pt;"> </div></td></tr><tr><td style="width: 3pt; border-bottom: 1pt solid #022953; background-color: #CCD5DF;"><div style="font-size: 1pt;"> </div></td><td colspan="25" style="width: 502pt; padding-top: 2.65pt; padding-bottom: 2.88pt; text-align: left; vertical-align: bottom; background-color: #CCD5DF; border-bottom: 1pt solid #022953;"><div class="BRDSX_fpara" style="color: #000000; font-family: Arial, Helvetica, sans-serif; font-size: 8pt; margin-top: 0pt; margin-left: 1.5pt; text-align: left;">Average Non-PEO Named Executive Officers</div></td><td style="width: 3pt; border-bottom: 1pt solid #022953; background-color: #CCD5DF;"><div style="font-size: 1pt;"> </div></td></tr><tr><td style="width: 3pt;"><div style="font-size: 1pt;"> </div></td><td style="width: 48pt; padding-top: 2.65pt; text-align: left; vertical-align: bottom;"><div class="BRDSX_fpara" style="color: #000000; font-family: Arial, Helvetica, sans-serif; font-size: 8pt; margin-top: 0pt; margin-left: 1.5pt; text-align: left;">2025</div></td><td style="width: 4.51pt;"><div style="font-size: 1pt;"> </div></td><td style="width: 4.51pt;"><div style="font-size: 1pt;"> </div></td><td style="width: 49.3pt; padding-top: 2.65pt; text-align: center; vertical-align: bottom; white-space: nowrap;"><div class="BRDSX_fpara" style="color: #000000; font-family: Arial, Helvetica, sans-serif; font-size: 8pt; margin-top: 0pt; margin-left: 7.58pt; text-align: left;">$3,313,152</div></td><td style="width: 4.51pt;"><div style="font-size: 1pt;"> </div></td><td style="width: 4.51pt;"><div style="font-size: 1pt;"> </div></td><td style="width: 51.55pt; padding-top: 2.65pt; text-align: center; vertical-align: bottom; white-space: nowrap;"><div class="BRDSX_fpara" style="color: #000000; font-family: Arial, Helvetica, sans-serif; font-size: 8pt; margin-top: 0pt; margin-left: 8.71pt; text-align: left;">$2,515,500</div></td><td style="width: 4.51pt;"><div style="font-size: 1pt;"> </div></td><td style="width: 4.51pt;"><div style="font-size: 1pt;"> </div></td><td style="width: 49.54pt; padding-top: 2.65pt; text-align: center; vertical-align: bottom; white-space: nowrap;"><div class="BRDSX_fpara" style="color: #000000; font-family: Arial, Helvetica, sans-serif; font-size: 8pt; margin-top: 0pt; margin-left: 7.7pt; text-align: left;">$3,147,750</div></td><td style="width: 4.51pt;"><div style="font-size: 1pt;"> </div></td><td style="width: 4.51pt;"><div style="font-size: 1pt;"> </div></td><td style="width: 48.73pt; padding-top: 2.65pt; text-align: center; vertical-align: bottom; white-space: nowrap;"><div class="BRDSX_fpara" style="color: #000000; font-family: Arial, Helvetica, sans-serif; font-size: 8pt; margin-top: 0pt; margin-left: 7.29pt; text-align: left;">$1,246,166</div></td><td style="width: 4.51pt;"><div style="font-size: 1pt;"> </div></td><td style="width: 4.51pt;"><div style="font-size: 1pt;"> </div></td><td style="width: 47.47pt; padding-top: 2.65pt; text-align: center; vertical-align: bottom; white-space: nowrap;"><div class="BRDSX_fpara" style="color: #000000; font-family: Arial, Helvetica, sans-serif; font-size: 8pt; margin-top: 0pt; margin-left: 9.45pt; text-align: left;">$201,758</div></td><td style="width: 4.51pt;"><div style="font-size: 1pt;"> </div></td><td style="width: 4.51pt;"><div style="font-size: 1pt;"> </div></td><td style="width: 40.62pt; padding-top: 2.65pt; text-align: center; vertical-align: bottom; white-space: nowrap;"><div class="BRDSX_fpara" style="color: #000000; font-family: Arial, Helvetica, sans-serif; font-size: 8pt; margin-top: 0pt; margin-left: 3.24pt; text-align: left;">$<span style="padding-left: 6.75pt;">656,312</span></div></td><td style="width: 4.51pt;"><div style="font-size: 1pt;"> </div></td><td style="width: 4.51pt;"><div style="font-size: 1pt;"> </div></td><td style="width: 44.42pt; padding-top: 2.65pt; text-align: center; vertical-align: bottom; white-space: nowrap;"><div class="BRDSX_fpara" style="color: #000000; font-family: Arial, Helvetica, sans-serif; font-size: 8pt; margin-top: 0pt; margin-left: 17.09pt; text-align: left;">$—</div></td><td style="width: 4.51pt;"><div style="font-size: 1pt;"> </div></td><td style="width: 4.51pt;"><div style="font-size: 1pt;"> </div></td><td style="width: 50.21pt; padding-top: 2.65pt; text-align: center; vertical-align: bottom; white-space: nowrap;"><div class="BRDSX_fpara" style="color: #000000; font-family: Arial, Helvetica, sans-serif; font-size: 8pt; margin-top: 0pt; margin-left: 6.12pt; text-align: left;">$<span style="padding-left: 4.5pt;">6,049,638</span></div></td><td style="width: 3pt;"><div style="font-size: 1pt;"> </div></td></tr><tr class="BRDSX_boxspacer"><td style="height: 3.25pt; width: 3pt;"><div style="font-size: 1pt;"> </div></td><td style="height: 3.25pt; width: 48pt;"><div style="font-size: 1pt;"> </div></td><td style="height: 3.25pt; width: 4.51pt;"><div style="font-size: 1pt;"> </div></td><td style="height: 3.25pt; width: 4.51pt;"><div style="font-size: 1pt;"> </div></td><td style="height: 3.25pt; width: 49.3pt;"><div style="font-size: 1pt;"> </div></td><td style="height: 3.25pt; width: 4.51pt;"><div style="font-size: 1pt;"> </div></td><td style="height: 3.25pt; width: 4.51pt;"><div style="font-size: 1pt;"> </div></td><td style="height: 3.25pt; width: 51.55pt;"><div style="font-size: 1pt;"> </div></td><td style="height: 3.25pt; width: 4.51pt;"><div style="font-size: 1pt;"> </div></td><td style="height: 3.25pt; width: 4.51pt;"><div style="font-size: 1pt;"> </div></td><td style="height: 3.25pt; width: 49.54pt;"><div style="font-size: 1pt;"> </div></td><td style="height: 3.25pt; width: 4.51pt;"><div style="font-size: 1pt;"> </div></td><td style="height: 3.25pt; width: 4.51pt;"><div style="font-size: 1pt;"> </div></td><td style="height: 3.25pt; width: 48.73pt;"><div style="font-size: 1pt;"> </div></td><td style="height: 3.25pt; width: 4.51pt;"><div style="font-size: 1pt;"> </div></td><td style="height: 3.25pt; width: 4.51pt;"><div style="font-size: 1pt;"> </div></td><td style="height: 3.25pt; width: 47.47pt;"><div style="font-size: 1pt;"> </div></td><td style="height: 3.25pt; width: 4.51pt;"><div style="font-size: 1pt;"> </div></td><td style="height: 3.25pt; width: 4.51pt;"><div style="font-size: 1pt;"> </div></td><td style="height: 3.25pt; width: 40.62pt;"><div style="font-size: 1pt;"> </div></td><td style="height: 3.25pt; width: 4.51pt;"><div style="font-size: 1pt;"> </div></td><td style="height: 3.25pt; width: 4.51pt;"><div style="font-size: 1pt;"> </div></td><td style="height: 3.25pt; width: 44.42pt;"><div style="font-size: 1pt;"> </div></td><td style="height: 3.25pt; width: 4.51pt;"><div style="font-size: 1pt;"> </div></td><td style="height: 3.25pt; width: 4.51pt;"><div style="font-size: 1pt;"> </div></td><td style="height: 3.25pt; width: 50.21pt;"><div style="font-size: 1pt;"> </div></td><td style="height: 3.25pt; width: 3pt;"><div style="font-size: 1pt;"> </div></td></tr></table> 7358402 -5590000 6995000 2735020 574389 8743191 0 20816002 3313152 -2515500 3147750 1246166 201758 656312 0 6049638 <table border="0" cellpadding="0" style="border-spacing: 0; margin-top: 5pt; margin-left: 0pt;"><tr><td style="width: 20pt; text-align: left; vertical-align: top;"><div style="color: #000000; font-family: Arial, Helvetica, sans-serif; font-size: 8pt;">(3)<br/></div></td><td style="vertical-align: top;"><div style="color: #000000; font-family: Arial, Helvetica, sans-serif; font-size: 8pt; text-align: left;">Arlo TSR is cumulative for the measurement periods beginning on December 31, 2021 and ending on December 31, 2025, respectively, calculated in accordance with Item 201(e) of Regulation S-K. Peer Group TSR is calculated based on the S&amp;P 600 Information Technology Index, which is used for purposes of Item 201(e) of Regulation S-K. </div></td></tr></table> <table border="0" cellpadding="0" style="border-spacing: 0; margin-top: 2pt; margin-left: 0pt;"><tr><td style="width: 20pt; text-align: left; vertical-align: top;"><div style="color: #000000; font-family: Arial, Helvetica, sans-serif; font-size: 8pt;">(4)<br/></div></td><td style="vertical-align: top;"><div style="color: #000000; font-family: Arial, Helvetica, sans-serif; font-size: 8pt; text-align: left;">As required by Item 402(v) of Regulation S-K, we have determined adjusted EBITDA as the company selected measure starting with 2025. Refer to Annex A of this Proxy Statement for reconciliations of non-GAAP financial measures. </div></td></tr></table> adjusted EBITDA <div class="BRDSX_h4" style="color: #022953; font-family: Arial, Helvetica, sans-serif; font-size: 10pt; font-style: italic; margin-top: 6.75pt; margin-left: 0pt; text-align: left;">Required Tabular Disclosure of Most Important Financial Performance Measures </div><div class="BRDSX_fpara" style="color: #000000; font-family: Arial, Helvetica, sans-serif; font-size: 10pt; margin-top: 8pt; margin-left: 0pt; text-align: left;">Listed below are the financial measures that in our assessment represent the most important performance measures we use to link CAP for the last fiscal year to company performance: </div><table border="0" cellpadding="0" style="border-spacing: 0; margin-top: 8pt; margin-left: 20pt;"><tr><td style="width: 20pt; text-align: left; vertical-align: top;"><div style="color: #022953; font-family: Arial, Helvetica, sans-serif; font-size: 10pt;">•</div></td><td style="vertical-align: top;"><div style="color: #022953; font-family: Arial, Helvetica, sans-serif; font-size: 10pt; text-align: left;"><span style="color: #000000;">Adjusted EBITDA </span></div></td></tr></table><table border="0" cellpadding="0" style="border-spacing: 0; margin-top: 8pt; margin-left: 20pt;"><tr><td style="width: 20pt; text-align: left; vertical-align: top;"><div style="color: #022953; font-family: Arial, Helvetica, sans-serif; font-size: 10pt;">•</div></td><td style="vertical-align: top;"><div style="color: #022953; font-family: Arial, Helvetica, sans-serif; font-size: 10pt; text-align: left;"><span style="color: #000000;">Cumulative paid accounts </span></div></td></tr></table><table border="0" cellpadding="0" style="border-spacing: 0; margin-top: 8pt; margin-left: 20pt;"><tr><td style="width: 20pt; text-align: left; vertical-align: top;"><div style="color: #022953; font-family: Arial, Helvetica, sans-serif; font-size: 10pt;">•</div></td><td style="vertical-align: top;"><div style="color: #022953; font-family: Arial, Helvetica, sans-serif; font-size: 10pt; text-align: left;"><span style="color: #000000;">Annual recurring revenue </span></div></td></tr></table> Adjusted EBITDA Cumulative paid accounts Annual recurring revenue <div class="BRDSX_h4" style="color: #022953; font-family: Arial, Helvetica, sans-serif; font-size: 10pt; font-style: italic; margin-top: 14.5pt; margin-left: 0pt; text-align: left;">Required Disclosure of the Relationship Between Compensation Actually Paid and Financial Performance Measures </div><div class="BRDSX_fpara" style="color: #000000; font-family: Arial, Helvetica, sans-serif; font-size: 10pt; margin-top: 8pt; margin-left: 0pt; text-align: left;">As required by Item 402(v) of Regulation S-K, we are providing the following graphs to illustrate the relationship between the pay and performance figures that are included in the pay versus performance tabular disclosure above. In addition, the first graph below further illustrates the relationship between Company TSR and that of the S&amp;P 600 IT Index. As noted above, CAP for purposes of the tabular disclosure and the following graphs were calculated in accordance with SEC rules and do not fully represent the actual final amount of compensation earned by or actually paid to our named executive officers during the applicable years. </div><div class="BRDSX_fpara" style="color: #000000; font-family: Arial, Helvetica, sans-serif; font-size: 10pt; margin-top: 8pt; margin-left: 0pt; text-align: left;">Our management team’s successful execution of Arlo’s transformation strategy resulted in Arlo developing a reputation for operational excellence and financial discipline. Consistently meeting and exceeding our operational targets generated a significant boost to Arlo’s financial outlook and resulted in TSR of nearly 300% since December 2022, which outperformed Arlo’s peer group and the S&amp;P 600 IT Index.</div> <img alt="" src="ny20064332x1_pvp01x1.jpg" style="height: 269px; width: 421px;"/> <img alt="" src="ny20064332x1_pvp01x1.jpg" style="height: 269px; width: 421px;"/> <img alt="" src="ny20064332x1_pvp02x1.jpg" style="height: 269px; width: 433px;"/> <img alt="" src="ny20064332x1_pvp03x1.jpg" style="height: 268px; width: 433px;"/> DEF 14A 0001736946 false