Equinix approves 2025 Annual Incentive Plan with bonus in RSUs, based on revenue and AFFO/Share goals

EQUINIX INC

Annual target bonuses for executive officers paid in fully vested RSUs to conserve cash; max payout 132% of target.
Bonus based 50% on revenue, 50% on AFFO/Share; no bonuses if either metric <=95% of goals.
Strategic modifier for VP+ adjusts payout +/-10% based on Equinix Fabric attach growth (50%) and E&S metrics (50%).
Revenue bonus pool reduced 20% per 1% below goal; AFFO/Share pool reduced 20% per 1% below, increased 13.33% per 1% above up to 3%.
Committee retains discretion to reduce or eliminate awards under the plan.

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