Pegasystems approves 2026 executive incentive plan with 70% threshold and RSU election option

PEGASYSTEMS INC

Incentive plan funded based on 75% financial and 25% strategic goals; funding requires at least 70% achievement.
Executive officers may elect 50% of target bonus as RSUs valued at 85% of grant date closing price.
RSUs granted in March 2026, vest 100% on payout date in March 2027 conditional on threshold funding and individual performance.
If corporate goal achievement exceeds 100%, board may discretionarily enhance incentive funding.
Target incentive for each officer set by Compensation Committee at beginning of plan year.

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