Peloton redesigns executive compensation with new base salary and bonus targets for FY2026-2027

PELOTON INTERACTIVE, INC.

Leadership team base salary set at $850k for remainder of FY2026 and $635k for FY2027.
Annual cash bonus target moves from 20% of base (FY2026) to 60% (FY2027); payout range 0%-200%.
Long-term incentive awards shift to 70% time-based RSUs and 30% performance-based PSUs beginning FY2026.
Stock Ownership Guidelines adopted for executive officers and non-employee directors; five-year compliance period.
Executives sign amendment waiving 'Good Reason' rights under Severance Plan due to compensation changes.

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