0001580560 2025-01-01 2025-12-31 0001580560 2021-01-01 2021-12-31 0001580560 2022-01-01 2022-12-31 0001580560 2023-01-01 2023-12-31 0001580560 2024-01-01 2024-12-31 0001580560 flyw:MichaelmassaroMember 2023-01-01 2023-12-31 0001580560 flyw:RobertOrgelMember 2023-01-01 2023-12-31 0001580560 flyw:PeterButterfieldMember 2023-01-01 2023-12-31 0001580560 flyw:DavidKingMember 2023-01-01 2023-12-31 0001580560 flyw:MichaelmassaroMember 2024-01-01 2024-12-31 0001580560 flyw:RobertOrgelMember 2024-01-01 2024-12-31 0001580560 flyw:CosminPitigoiMember 2024-01-01 2024-12-31 0001580560 flyw:PeterButterfieldMember 2024-01-01 2024-12-31 0001580560 flyw:DavidKingMember 2024-01-01 2024-12-31 0001580560 flyw:MichaelmassaroMember 2025-01-01 2025-12-31 0001580560 flyw:RobertOrgelMember 2025-01-01 2025-12-31 0001580560 flyw:CosminPitigoiMember 2025-01-01 2025-12-31 0001580560 flyw:PeterButterfieldMember 2025-01-01 2025-12-31 0001580560 flyw:DavidKingMember 2025-01-01 2025-12-31 0001580560 ecd:YrEndFrValOfEqtyAwrdsGrntdInCvrdYrOutsdngAndUnvstdMember ecd:PeoMember 2025-01-01 2025-12-31 0001580560 ecd:EqtyAwrdsAdjsExclgValRprtdInSummryCompstnTblMember ecd:PeoMember 2025-01-01 2025-12-31 0001580560 ecd:ChngInFrValAsOfVstngDtOfPrrYrEqtyAwrdsVstdInCvrdYrMember ecd:PeoMember 2025-01-01 2025-12-31 0001580560 ecd:ChngInFrValOfOutsdngAndUnvstdEqtyAwrdsGrntdInPrrYrsMember ecd:PeoMember 2025-01-01 2025-12-31 0001580560 ecd:EqtyAwrdsInSummryCompstnTblForAplblYrMember ecd:PeoMember 2025-01-01 2025-12-31 0001580560 ecd:DvddsOrOthrErngsPdOnEqtyAwrdsNtOthrwsRflctdInTtlCompForCvrdYrMember ecd:NonPeoNeoMember 2025-01-01 2025-12-31 0001580560 ecd:EqtyAwrdsAdjsExclgValRprtdInSummryCompstnTblMember ecd:NonPeoNeoMember 2025-01-01 2025-12-31 0001580560 ecd:EqtyAwrdsInSummryCompstnTblForAplblYrMember ecd:NonPeoNeoMember 2025-01-01 2025-12-31 0001580560 ecd:DvddsOrOthrErngsPdOnEqtyAwrdsNtOthrwsRflctdInTtlCompForCvrdYrMember ecd:PeoMember 2025-01-01 2025-12-31 0001580560 ecd:FrValAsOfPrrYrEndOfEqtyAwrdsGrntdInPrrYrsFldVstngCondsDrngCvrdYrMember ecd:PeoMember 2025-01-01 2025-12-31 0001580560 ecd:VstngDtFrValOfEqtyAwrdsGrntdAndVstdInCvrdYrMember ecd:PeoMember 2025-01-01 2025-12-31 0001580560 ecd:YrEndFrValOfEqtyAwrdsGrntdInCvrdYrOutsdngAndUnvstdMember ecd:NonPeoNeoMember 2025-01-01 2025-12-31 0001580560 ecd:ChngInFrValOfOutsdngAndUnvstdEqtyAwrdsGrntdInPrrYrsMember ecd:NonPeoNeoMember 2025-01-01 2025-12-31 0001580560 ecd:VstngDtFrValOfEqtyAwrdsGrntdAndVstdInCvrdYrMember ecd:NonPeoNeoMember 2025-01-01 2025-12-31 0001580560 ecd:ChngInFrValAsOfVstngDtOfPrrYrEqtyAwrdsVstdInCvrdYrMember ecd:NonPeoNeoMember 2025-01-01 2025-12-31 0001580560 ecd:FrValAsOfPrrYrEndOfEqtyAwrdsGrntdInPrrYrsFldVstngCondsDrngCvrdYrMember ecd:NonPeoNeoMember 2025-01-01 2025-12-31 0001580560 2 2025-01-01 2025-12-31 0001580560 1 2025-01-01 2025-12-31 iso4217:USD iso4217:USD pure DEF 14A false 0001580560 FLYWIRE CORPORATION <div style="margin-top:10pt; margin-bottom:0pt; font-size:9pt; font-family:ARIAL">EQUITY AWARDS GRANT POLICY </div><div style="margin-top:10pt; margin-bottom:0pt; font-size:9pt; font-family:ARIAL">Except with respect to certain elements of <div style="white-space: nowrap; letter-spacing: 0px; top: 0px;display:inline;">non-employee</div> director compensation, we do not have any program, plan, or obligation that requires us to grant equity awards on specified dates, although historically we have granted such awards to our existing executive officers and employees at least annually and to newly-hired employees upon or shortly after the commencement of their employment. Equity awards may occasionally be granted following a significant change in job responsibilities or to meet other special retention or performance objectives. We do not consider material <div style="white-space: nowrap; letter-spacing: 0px; top: 0px;display:inline;">non-public</div> information when determining the timing or terms of equity awards, nor do we time disclosures of material <div style="white-space: nowrap; letter-spacing: 0px; top: 0px;display:inline;">non-public</div> information for the purpose of affecting the value of executive compensation with such awards. </div><div style="margin-top:10pt; margin-bottom:0pt; font-size:9pt; font-family:ARIAL">Authority to grant equity awards to our employees rests with our People &amp; Compensation Committee, although our People &amp; Compensation Committee has delegated authority to our Chief Executive Officer and President and Chief Operating Officer to grant equity awards to <div style="white-space: nowrap; letter-spacing: 0px; top: 0px;display:inline;">non-executive</div> employees within prescribed limits set by our People &amp; Compensation Committee. With respect to our executive officers, except for our Chief Executive Officer, recommendations for equity awards are made by our Chief Executive Officer and reviewed and approved by our People &amp; Compensation Committee. </div><div style="margin-top:10pt; margin-bottom:0pt; font-size:9pt; font-family:ARIAL">Under the terms of our 2021 Equity Incentive Plan, pursuant to which new equity awards are granted, the exercise price of any option (which we have not granted since 2022) to purchase shares of our common stock awarded under the plan must be equal to at least 100% of the fair market value of our common stock (which is determined based on the closing sales price of our common stock on the Nasdaq Global Market) on the date of grant. </div> <div style="margin-top:10pt; margin-bottom:0pt; font-size:9pt; font-family:ARIAL">Except with respect to certain elements of <div style="white-space: nowrap; letter-spacing: 0px; top: 0px;display:inline;">non-employee</div> director compensation, we do not have any program, plan, or obligation that requires us to grant equity awards on specified dates, although historically we have granted such awards to our existing executive officers and employees at least annually and to newly-hired employees upon or shortly after the commencement of their employment. Equity awards may occasionally be granted following a significant change in job responsibilities or to meet other special retention or performance objectives. We do not consider material <div style="white-space: nowrap; letter-spacing: 0px; top: 0px;display:inline;">non-public</div> information when determining the timing or terms of equity awards, nor do we time disclosures of material <div style="white-space: nowrap; letter-spacing: 0px; top: 0px;display:inline;">non-public</div> information for the purpose of affecting the value of executive compensation with such awards. </div> false false false Authority to grant equity awards to our employees rests with our People &amp; Compensation Committee, although our People &amp; Compensation Committee has delegated authority to our Chief Executive Officer and President and Chief Operating Officer to grant equity awards to <div style="white-space: nowrap; letter-spacing: 0px; top: 0px;display:inline;">non-executive</div> employees within prescribed limits set by our People &amp; Compensation Committee. With respect to our executive officers, except for our Chief Executive Officer, recommendations for equity awards are made by our Chief Executive Officer and reviewed and approved by our People &amp; Compensation Committee. <div style="margin-top:10pt; margin-bottom:0pt; font-size:9pt; font-family:ARIAL">RESTRICTIONS ON TRADING </div><div style="margin-top:10pt; margin-bottom:0pt; font-size:9pt; font-family:ARIAL">Our Insider Trading Policy, as amended and restated in the first quarter of 2023 (ITP), prohibits our employees (including officers) and directors, or any of their designees, from purchasing financial instruments (including prepaid variable forward contracts, equity swaps, collars, and exchange funds), or otherwise engaging in transactions, that hedge or offset, or are designed to hedge or offset, any decrease in the market value of our equity securities (i) granted to the employee or director as part of the compensation of the employee or director; or (ii) held, directly or indirectly, by the employee or director. Although our employees (including officers) and directors may pledge our equity securities held by them with the prior clearance of one of our compliance officers, such persons are responsible for ensuring that foreclosure on any such account would not violate our ITP and should be aware that sales of such securities could have securities law implications. </div> false 450000 7732055 0 610000 11440 8803495 450000 9295443 0 241776 11598 9998817 450000 7628574 0 585000 11076 8674650 350000 4494258 0 366000 7188 5217446 350000 5402978 0 120888 7748 5881614 350000 4024716 0 293000 8799 4676515 410000 3382773 0 366000 3937 4162710 340353 10747871 0 133805 55103 11277132 310000 1739705 0 244000 10674 2304379 310000 2091473 0 80592 10486 2492551 300000 1920285 0 195000 10603 2425888 310000 3189469 0 244000 3312 3746781 310000 3834380 0 80592 10498 4235470 300000 3235565 0 195000 10144 3740709 <div id="toc948087_43" style="margin-top:0pt; margin-bottom:0pt; font-size:9pt; font-family:ARIAL"><div style="color: rgb(35, 147, 255); letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">PAY VERSUS PERFORMANCE </div></div></div></div><div style="margin-top:10pt; margin-bottom:0pt; font-size:9pt; font-family:ARIAL">As required by applicable SEC rules, we are providing the following information about the relationship of compensation actually paid to our principal executive officer (PEO) and other NEOs and certain of our peers’ performance. For further information concerning our pay for performance philosophy and how our executive compensation aligns with our performance, refer to “Executive Compensation – Compensation Discussion and Analysis” above. </div><div style="margin-top:10pt; margin-bottom:0pt; font-size:9pt; font-family:ARIAL">PAY VERSUS PERFORMANCE TABLE </div><div style="font-size:10pt;margin-top:0pt;margin-bottom:0pt"> </div> <table cellpadding="0" cellspacing="0" style="text-align:start; BORDER-COLLAPSE:COLLAPSE; font-family:ARIAL; font-size:8pt;width:100%;border-spacing:0;margin:0 auto"> <tr> <td style="width:18%"></td> <td style="vertical-align:bottom;width:1%"></td> <td></td> <td></td> <td style="vertical-align:bottom;width:2%"></td> <td style="vertical-align:bottom;width:1%"></td> <td></td> <td></td> <td style="vertical-align:bottom;width:2%"></td> <td style="vertical-align:bottom;width:1%"></td> <td></td> <td></td> <td style="vertical-align:bottom;width:2%"></td> <td style="vertical-align:bottom;width:1%"></td> <td></td> <td></td> <td style="vertical-align:bottom;width:2%"></td> <td style="vertical-align:bottom;width:1%"></td> <td></td> <td></td> <td style="vertical-align:bottom;width:2%"></td> <td style="vertical-align:bottom;width:1%"></td> <td></td> <td></td> <td style="vertical-align:bottom;width:2%"></td> <td style="vertical-align:bottom;width:1%"></td> <td></td> <td></td> <td style="vertical-align:bottom;width:2%"></td> <td style="vertical-align:bottom;width:1%"></td> <td></td> <td></td> <td style="vertical-align:bottom;width:2%"></td></tr> <tr style="page-break-inside:avoid ; font-family:ARIAL; font-size:7pt"> <td style="vertical-align: bottom; padding-bottom: 0.375pt;"> </td> <td style="vertical-align: bottom; padding-bottom: 0.375pt;"> </td> <td colspan="2" style="vertical-align: bottom; padding-bottom: 0.375pt;"> </td> <td style="vertical-align: bottom; padding-bottom: 0.375pt;"> </td> <td style="vertical-align: bottom; padding-bottom: 0.375pt;"> </td> <td colspan="2" style="vertical-align: bottom; padding-bottom: 0.375pt;"> </td> <td style="vertical-align: bottom; padding-bottom: 0.375pt;"> </td> <td rowspan="2" style="vertical-align: bottom; padding-bottom: 0.375pt;"> </td> <td colspan="2" rowspan="2" style="padding-bottom:6pt ;vertical-align:bottom;white-space:nowrap;text-align:right"><div style="margin-top: 0pt; margin-bottom: 0pt; font-size: 7pt; font-family: ARIAL; font-weight: bold; text-align: right; line-height: normal;">AVERAGE</div><div style="margin-top: 0pt; margin-bottom: 0pt; font-size: 7pt; font-family: ARIAL; font-weight: bold; text-align: right; line-height: normal;">SUMMARY<br/> COMPENSATION<br/> TABLE</div><div style="margin-top: 0pt; margin-bottom: 0pt; font-size: 7pt; font-family: ARIAL; font-weight: bold; text-align: right; line-height: normal;">TOTAL FOR<br/> <div style="white-space: nowrap; letter-spacing: 0px; top: 0px;display:inline;">NON-PEO</div><br/> NEOS<div style="font-size:75%; vertical-align:top;display:inline;font-size:5.8px">(3)</div></div><div style="margin-top: 0pt; margin-bottom: 1pt; font-size: 7pt; font-family: ARIAL; font-weight: bold; text-align: right; line-height: normal;">(d)</div></td> <td rowspan="2" style="vertical-align: bottom; padding-bottom: 0.375pt;"> </td> <td rowspan="2" style="vertical-align: bottom; padding-bottom: 0.375pt;"> </td> <td colspan="2" rowspan="2" style="padding-bottom:6pt ;vertical-align:bottom;white-space:nowrap;text-align:right"><div style="margin-top: 0pt; margin-bottom: 0pt; font-size: 7pt; font-family: ARIAL; font-weight: bold; text-align: right; line-height: normal;">AVERAGE<br/> COMPENSATION<br/> ACTUALLY</div><div style="margin-top: 0pt; margin-bottom: 0pt; font-size: 7pt; font-family: ARIAL; font-weight: bold; text-align: right; line-height: normal;">PAID</div><div style="margin-top: 0pt; margin-bottom: 0pt; font-size: 7pt; font-family: ARIAL; font-weight: bold; text-align: right; line-height: normal;">TO <div style="white-space: nowrap; letter-spacing: 0px; top: 0px;display:inline;">NON-PEO</div><br/> NEOS<div style="font-size:75%; vertical-align:top;display:inline;font-size:5.8px">(4)</div></div><div style="margin-top: 0pt; margin-bottom: 1pt; font-size: 7pt; font-family: ARIAL; font-weight: bold; text-align: right; line-height: normal;">(e)</div></td> <td rowspan="2" style="vertical-align: bottom; padding-bottom: 0.375pt;"> </td> <td style=" BORDER-BOTTOM:0.75pt solid #2393ff;vertical-align:bottom"> </td> <td colspan="6" style="padding-bottom:6pt ;BORDER-BOTTOM:0.75pt solid #2393ff;vertical-align:bottom;white-space:nowrap"><div style="margin-top: 0pt; margin-bottom: 1pt; font-size: 7pt; font-family: ARIAL; font-weight: bold; text-align: center; line-height: normal;">VALUE OF INITIAL FIXED $100<br/> INVESTMENT BASED ON:</div></td> <td style=" BORDER-BOTTOM:0.75pt solid #2393ff;vertical-align:bottom"> </td> <td style="vertical-align: bottom; padding-bottom: 0.375pt;"> </td> <td colspan="2" style="vertical-align: bottom; padding-bottom: 0.375pt;"> </td> <td style="vertical-align: bottom; padding-bottom: 0.375pt;"> </td> <td style="vertical-align: bottom; padding-bottom: 0.375pt;"> </td> <td colspan="2" style="vertical-align: bottom; padding-bottom: 0.375pt;"> </td> <td style="vertical-align: bottom; padding-bottom: 0.375pt;"> </td></tr> <tr style="page-break-inside:avoid ; font-family:ARIAL; font-size:7pt"> <td style="padding-bottom:6pt ;vertical-align:bottom;white-space:nowrap"><div style="letter-spacing: 0px; top: 0px;display:inline;"><div style="font-weight:bolder;display:inline;"> YEAR<br/>  (a)</div></div></td> <td style="vertical-align:bottom"> </td> <td colspan="2" style="padding-bottom:6pt ;vertical-align:bottom;white-space:nowrap;text-align:right"><div style="margin-top: 0pt; margin-bottom: 0pt; font-size: 7pt; font-family: ARIAL; font-weight: bold; text-align: right; line-height: normal;">SUMMARY<br/> COMPENSATION<br/> TABLE TOTAL<br/> FOR PEO<div style="font-size:75%; vertical-align:top;display:inline;font-size:5.8px">(1)</div></div><div style="margin-top: 0pt; margin-bottom: 1pt; font-size: 7pt; font-family: ARIAL; font-weight: bold; text-align: right; line-height: normal;">(b)</div></td> <td style="vertical-align:bottom"> </td> <td style="vertical-align:bottom"> </td> <td colspan="2" style="padding-bottom:6pt ;vertical-align:bottom;white-space:nowrap;text-align:right"><div style="margin-top: 0pt; margin-bottom: 0pt; font-size: 7pt; font-family: ARIAL; font-weight: bold; text-align: right; line-height: normal;">COMPENSATION<br/> ACTUALLY PAID<br/> TO PEO<div style="font-size:75%; vertical-align:top;display:inline;font-size:5.8px">(2)</div></div><div style="margin-top: 0pt; margin-bottom: 1pt; font-size: 7pt; font-family: ARIAL; font-weight: bold; text-align: right; line-height: normal;">(c)</div></td> <td style="vertical-align:bottom"> </td> <td style="vertical-align:bottom"> </td> <td colspan="2" style="padding-bottom:6pt ;vertical-align:bottom;white-space:nowrap;text-align:right"><div style="margin-top: 0pt; margin-bottom: 0pt; font-size: 7pt; font-family: ARIAL; font-weight: bold; text-align: right; line-height: normal;">TOTAL<br/> SHAREHOLDER<br/> RETURN<div style="font-size:75%; vertical-align:top;display:inline;font-size:5.8px">(5)</div></div><div style="margin-top: 0pt; margin-bottom: 1pt; font-size: 7pt; font-family: ARIAL; font-weight: bold; text-align: right; line-height: normal;">(f)</div></td> <td style="vertical-align:bottom"> </td> <td style="vertical-align:bottom"> </td> <td colspan="2" style="padding-bottom:6pt ;vertical-align:bottom;white-space:nowrap"><div style="font-size: 3pt; margin-top: 0pt; margin-bottom: 0pt; line-height: normal;"> </div><div style="margin-top: 0pt; margin-bottom: 0pt; font-size: 7pt; font-family: ARIAL; font-weight: bold; text-align: right; line-height: normal;">PEER</div><div style="margin-top: 0pt; margin-bottom: 0pt; font-size: 7pt; font-family: ARIAL; font-weight: bold; text-align: right; line-height: normal;">GROUP</div><div style="margin-top: 0pt; margin-bottom: 0pt; font-size: 7pt; font-family: ARIAL; font-weight: bold; text-align: right; line-height: normal;">TOTAL<br/> SHAREHOLDER<br/> RETURN<div style="font-size:75%; vertical-align:top;display:inline;font-size:5.8px">(6)</div></div><div style="margin-top: 0pt; margin-bottom: 1pt; font-size: 7pt; font-family: ARIAL; font-weight: bold; text-align: right; line-height: normal;">(g)</div></td> <td style="vertical-align:bottom"> </td> <td style="vertical-align:bottom"> </td> <td colspan="2" style="padding-bottom:6pt ;vertical-align:bottom;white-space:nowrap;text-align:right"><div style="letter-spacing: 0px; top: 0px;display:inline;"><div style="font-weight:bolder;display:inline;">NET<br/> INCOME<br/> (LOSS)<br/> (MILLIONS)<div style="font-size:75%; vertical-align:top;display:inline;font-size:5.8px">(7)</div><br/> (h)</div></div></td> <td style="vertical-align:bottom"> </td> <td style="vertical-align:bottom"> </td> <td colspan="2" style="padding-bottom:6pt ;vertical-align:bottom;white-space:nowrap;text-align:right"><div style="margin-top: 0pt; margin-bottom: 0pt; font-size: 7pt; font-family: ARIAL; font-weight: bold; text-align: right; line-height: normal;">REVENUE<br/> LESS<br/> ANCILLARY<br/> SERVICES<br/> GROWTH<br/> RATE <div style="font-size:75%; vertical-align:top;display:inline;font-size:5.8px">(8)</div></div><div style="margin-top: 0pt; margin-bottom: 1pt; font-size: 7pt; font-family: ARIAL; font-weight: bold; text-align: right; line-height: normal;">(i)</div></td> <td style="vertical-align:bottom"> </td></tr> <tr style="font-size:1pt;background-color:#e8f4ff"> <td style="height:3pt"></td> <td colspan="4" style="height:3pt"></td> <td colspan="4" style="height:3pt"></td> <td colspan="4" style="height:3pt"></td> <td colspan="4" style="height:3pt"></td> <td colspan="4" style="height:3pt"></td> <td colspan="4" style="height:3pt"></td> <td colspan="4" style="height:3pt"></td> <td colspan="4" style="height:3pt"></td></tr> <tr style="page-break-inside:avoid ; font-family:ARIAL; font-size:8pt;background-color:#e8f4ff"> <td style="padding-bottom:6pt ;vertical-align:top"><div style="margin-top: 0pt; margin-bottom: 0pt; margin-left: 1.5em; text-indent: -1em; font-size: 8pt; font-family: ARIAL; line-height: normal;"><div style="color: rgb(35, 147, 255); letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">2025</div></div></div></div></td> <td style="vertical-align:bottom"> </td> <td style="padding-bottom:6pt ;vertical-align:bottom"> </td> <td style="padding-bottom:6pt ;vertical-align:bottom;text-align:right">$8,803,495</td> <td style="padding-bottom:6pt ;white-space:nowrap;vertical-align:bottom"> </td> <td style="vertical-align:bottom"> </td> <td style="padding-bottom:6pt ;vertical-align:bottom"> </td> <td style="padding-bottom:6pt ;vertical-align:bottom;text-align:right">$ 7,079,293</td> <td style="padding-bottom:6pt ;white-space:nowrap;vertical-align:bottom"> </td> <td style="vertical-align:bottom"> </td> <td style="padding-bottom:6pt ;vertical-align:bottom"> </td> <td style="padding-bottom:6pt ;vertical-align:bottom;text-align:right">$3,857,829</td> <td style="padding-bottom:6pt ;white-space:nowrap;vertical-align:bottom"> </td> <td style="vertical-align:bottom"> </td> <td style="padding-bottom:6pt ;vertical-align:bottom"> </td> <td style="padding-bottom:6pt ;vertical-align:bottom;text-align:right">$ 3,059,934</td> <td style="padding-bottom:6pt ;white-space:nowrap;vertical-align:bottom"> </td> <td style="vertical-align:bottom"> </td> <td style="padding-bottom:6pt ;vertical-align:bottom"> </td> <td style="padding-bottom:6pt ;vertical-align:bottom;text-align:right">$ 59</td> <td style="padding-bottom:6pt ;white-space:nowrap;vertical-align:bottom"> </td> <td style="vertical-align:bottom"> </td> <td style="padding-bottom:6pt ;vertical-align:bottom"> </td> <td style="padding-bottom:6pt ;vertical-align:bottom;text-align:right">$234</td> <td style="padding-bottom:6pt ;white-space:nowrap;vertical-align:bottom"> </td> <td style="vertical-align:bottom"> </td> <td style="padding-bottom:6pt ;vertical-align:bottom"> </td> <td style="padding-bottom:6pt ;vertical-align:bottom;text-align:right">$13.5</td> <td style="padding-bottom:6pt ;white-space:nowrap;vertical-align:bottom"> </td> <td style="vertical-align:bottom"> </td> <td style="padding-bottom:6pt ;vertical-align:bottom"> </td> <td style="padding-bottom:6pt ;vertical-align:bottom;text-align:right">16%</td> <td style="padding-bottom:6pt ;white-space:nowrap;vertical-align:bottom"> </td></tr> <tr style="font-size:1pt"> <td style="height:3pt"></td> <td colspan="4" style="height:3pt"></td> <td colspan="4" style="height:3pt"></td> <td colspan="4" style="height:3pt"></td> <td colspan="4" style="height:3pt"></td> <td colspan="4" style="height:3pt"></td> <td colspan="4" style="height:3pt"></td> <td colspan="4" style="height:3pt"></td> <td colspan="4" style="height:3pt"></td></tr> <tr style="page-break-inside:avoid ; font-family:ARIAL; font-size:8pt"> <td style="padding-bottom:6pt ;vertical-align:top"><div style="margin-top: 0pt; margin-bottom: 0pt; margin-left: 1.5em; text-indent: -1em; font-size: 8pt; font-family: ARIAL; line-height: normal;"><div style="color: rgb(35, 147, 255); letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">2024</div></div></div></div></td> <td style="vertical-align:bottom"> </td> <td style="padding-bottom:6pt ;vertical-align:bottom"> </td> <td style="padding-bottom:6pt ;vertical-align:bottom;text-align:right">$9,998,817</td> <td style="padding-bottom:6pt ;white-space:nowrap;vertical-align:bottom"> </td> <td style="vertical-align:bottom"> </td> <td style="padding-bottom:6pt ;vertical-align:bottom"> </td> <td style="padding-bottom:6pt ;vertical-align:bottom;text-align:right">$ 6,452,629</td> <td style="padding-bottom:6pt ;white-space:nowrap;vertical-align:bottom"> </td> <td style="vertical-align:bottom"> </td> <td style="padding-bottom:6pt ;vertical-align:bottom"> </td> <td style="padding-bottom:6pt ;vertical-align:bottom;text-align:right">$5,129,615</td> <td style="padding-bottom:6pt ;white-space:nowrap;vertical-align:bottom"> </td> <td style="vertical-align:bottom"> </td> <td style="padding-bottom:6pt ;vertical-align:bottom"> </td> <td style="padding-bottom:6pt ;vertical-align:bottom;text-align:right">$ 3,130,182</td> <td style="padding-bottom:6pt ;white-space:nowrap;vertical-align:bottom"> </td> <td style="vertical-align:bottom"> </td> <td style="padding-bottom:6pt ;vertical-align:bottom"> </td> <td style="padding-bottom:6pt ;vertical-align:bottom;text-align:right">$ 86</td> <td style="padding-bottom:6pt ;white-space:nowrap;vertical-align:bottom"> </td> <td style="vertical-align:bottom"> </td> <td style="padding-bottom:6pt ;vertical-align:bottom"> </td> <td style="padding-bottom:6pt ;vertical-align:bottom;text-align:right">$190</td> <td style="padding-bottom:6pt ;white-space:nowrap;vertical-align:bottom"> </td> <td style="vertical-align:bottom"> </td> <td style="padding-bottom:6pt ;vertical-align:bottom"> </td> <td style="padding-bottom:6pt ;vertical-align:bottom;text-align:right">$ 2.9</td> <td style="padding-bottom:6pt ;white-space:nowrap;vertical-align:bottom"> </td> <td style="vertical-align:bottom"> </td> <td style="padding-bottom:6pt ;vertical-align:bottom"> </td> <td style="padding-bottom:6pt ;vertical-align:bottom;text-align:right">24%</td> <td style="padding-bottom:6pt ;white-space:nowrap;vertical-align:bottom"> </td></tr> <tr style="font-size:1pt;background-color:#e8f4ff"> <td style="height:3pt"></td> <td colspan="4" style="height:3pt"></td> <td colspan="4" style="height:3pt"></td> <td colspan="4" style="height:3pt"></td> <td colspan="4" style="height:3pt"></td> <td colspan="4" style="height:3pt"></td> <td colspan="4" style="height:3pt"></td> <td colspan="4" style="height:3pt"></td> <td colspan="4" style="height:3pt"></td></tr> <tr style="page-break-inside:avoid ; font-family:ARIAL; font-size:8pt;background-color:#e8f4ff"> <td style="padding-bottom:6pt ;vertical-align:top"><div style="margin-top: 0pt; margin-bottom: 0pt; margin-left: 1.5em; text-indent: -1em; font-size: 8pt; font-family: ARIAL; line-height: normal;"><div style="color: rgb(35, 147, 255); letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">2023</div></div></div></div></td> <td style="vertical-align:bottom"> </td> <td style="padding-bottom:6pt ;vertical-align:bottom"> </td> <td style="padding-bottom:6pt ;vertical-align:bottom;text-align:right">$8,674,650</td> <td style="padding-bottom:6pt ;white-space:nowrap;vertical-align:bottom"> </td> <td style="vertical-align:bottom"> </td> <td style="padding-bottom:6pt ;vertical-align:bottom"> </td> <td style="padding-bottom:6pt ;vertical-align:bottom;text-align:right">$ 8,251,940</td> <td style="padding-bottom:6pt ;white-space:nowrap;vertical-align:bottom"> </td> <td style="vertical-align:bottom"> </td> <td style="padding-bottom:6pt ;vertical-align:bottom"> </td> <td style="padding-bottom:6pt ;vertical-align:bottom;text-align:right">$3,721,039</td> <td style="padding-bottom:6pt ;white-space:nowrap;vertical-align:bottom"> </td> <td style="vertical-align:bottom"> </td> <td style="padding-bottom:6pt ;vertical-align:bottom"> </td> <td style="padding-bottom:6pt ;vertical-align:bottom;text-align:right">$ 3,521,333</td> <td style="padding-bottom:6pt ;white-space:nowrap;vertical-align:bottom"> </td> <td style="vertical-align:bottom"> </td> <td style="padding-bottom:6pt ;vertical-align:bottom"> </td> <td style="padding-bottom:6pt ;vertical-align:bottom;text-align:right">$ 96</td> <td style="padding-bottom:6pt ;white-space:nowrap;vertical-align:bottom"> </td> <td style="vertical-align:bottom"> </td> <td style="padding-bottom:6pt ;vertical-align:bottom"> </td> <td style="padding-bottom:6pt ;vertical-align:bottom;text-align:right">$140</td> <td style="padding-bottom:6pt ;white-space:nowrap;vertical-align:bottom"> </td> <td style="vertical-align:bottom"> </td> <td style="padding-bottom:6pt ;vertical-align:bottom"> </td> <td style="padding-bottom:6pt ;vertical-align:bottom;text-align:right">($ 8.6</td> <td style="padding-bottom:6pt ;white-space:nowrap;vertical-align:bottom">) </td> <td style="vertical-align:bottom"> </td> <td style="padding-bottom:6pt ;vertical-align:bottom"> </td> <td style="padding-bottom:6pt ;vertical-align:bottom;text-align:right">43%</td> <td style="padding-bottom:6pt ;white-space:nowrap;vertical-align:bottom"> </td></tr> <tr style="font-size:1pt"> <td style="height:3pt"></td> <td colspan="4" style="height:3pt"></td> <td colspan="4" style="height:3pt"></td> <td colspan="4" style="height:3pt"></td> <td colspan="4" style="height:3pt"></td> <td colspan="4" style="height:3pt"></td> <td colspan="4" style="height:3pt"></td> <td colspan="4" style="height:3pt"></td> <td colspan="4" style="height:3pt"></td></tr> <tr style="page-break-inside:avoid ; font-family:ARIAL; font-size:8pt"> <td style="padding-bottom:6pt ;vertical-align:top"><div style="margin-top: 0pt; margin-bottom: 0pt; margin-left: 1.5em; text-indent: -1em; font-size: 8pt; font-family: ARIAL; line-height: normal;"><div style="color: rgb(35, 147, 255); letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">2022</div></div></div></div></td> <td style="vertical-align:bottom"> </td> <td style="padding-bottom:6pt ;vertical-align:bottom"> </td> <td style="padding-bottom:6pt ;vertical-align:bottom;text-align:right">$7,070,674</td> <td style="padding-bottom:6pt ;white-space:nowrap;vertical-align:bottom"> </td> <td style="vertical-align:bottom"> </td> <td style="padding-bottom:6pt ;vertical-align:bottom"> </td> <td style="padding-bottom:6pt ;vertical-align:bottom;text-align:right">($ 4,643,996</td> <td style="padding-bottom:6pt ;white-space:nowrap;vertical-align:bottom">) </td> <td style="vertical-align:bottom"> </td> <td style="padding-bottom:6pt ;vertical-align:bottom"> </td> <td style="padding-bottom:6pt ;vertical-align:bottom;text-align:right">$3,133,530</td> <td style="padding-bottom:6pt ;white-space:nowrap;vertical-align:bottom"> </td> <td style="vertical-align:bottom"> </td> <td style="padding-bottom:6pt ;vertical-align:bottom"> </td> <td style="padding-bottom:6pt ;vertical-align:bottom;text-align:right">($ 1,252,929</td> <td style="padding-bottom:6pt ;white-space:nowrap;vertical-align:bottom">) </td> <td style="vertical-align:bottom"> </td> <td style="padding-bottom:6pt ;vertical-align:bottom"> </td> <td style="padding-bottom:6pt ;vertical-align:bottom;text-align:right">$102</td> <td style="padding-bottom:6pt ;white-space:nowrap;vertical-align:bottom"> </td> <td style="vertical-align:bottom"> </td> <td style="padding-bottom:6pt ;vertical-align:bottom"> </td> <td style="padding-bottom:6pt ;vertical-align:bottom;text-align:right">$ 89</td> <td style="padding-bottom:6pt ;white-space:nowrap;vertical-align:bottom"> </td> <td style="vertical-align:bottom"> </td> <td style="padding-bottom:6pt ;vertical-align:bottom"> </td> <td style="padding-bottom:6pt ;vertical-align:bottom;text-align:right">($39.3</td> <td style="padding-bottom:6pt ;white-space:nowrap;vertical-align:bottom">) </td> <td style="vertical-align:bottom"> </td> <td style="padding-bottom:6pt ;vertical-align:bottom"> </td> <td style="padding-bottom:6pt ;vertical-align:bottom;text-align:right">55%</td> <td style="padding-bottom:6pt ;white-space:nowrap;vertical-align:bottom"> </td></tr> <tr style="font-size:1pt;background-color:#e8f4ff"> <td style="height:3pt"></td> <td colspan="4" style="height:3pt"></td> <td colspan="4" style="height:3pt"></td> <td colspan="4" style="height:3pt"></td> <td colspan="4" style="height:3pt"></td> <td colspan="4" style="height:3pt"></td> <td colspan="4" style="height:3pt"></td> <td colspan="4" style="height:3pt"></td> <td colspan="4" style="height:3pt"></td></tr> <tr style="page-break-inside:avoid ; font-family:ARIAL; font-size:8pt;background-color:#e8f4ff"> <td style="padding-bottom:6pt ;BORDER-BOTTOM:0.75pt solid #2393ff;vertical-align:top"><div style="margin-top: 0pt; margin-bottom: 0pt; margin-left: 1.5em; text-indent: -1em; font-size: 8pt; font-family: ARIAL; line-height: normal;"><div style="color: rgb(35, 147, 255); letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">2021</div></div></div></div></td> <td style=" BORDER-BOTTOM:0.75pt solid #2393ff;vertical-align:bottom"> </td> <td style="padding-bottom:6pt ;BORDER-BOTTOM:0.75pt solid #2393ff;vertical-align:bottom"> </td> <td style="padding-bottom:6pt ;BORDER-BOTTOM:0.75pt solid #2393ff;vertical-align:bottom;text-align:right">$4,768,798</td> <td style="padding-bottom:6pt ;BORDER-BOTTOM:0.75pt solid #2393ff;white-space:nowrap;vertical-align:bottom"> </td> <td style=" BORDER-BOTTOM:0.75pt solid #2393ff;vertical-align:bottom"> </td> <td style="padding-bottom:6pt ;BORDER-BOTTOM:0.75pt solid #2393ff;vertical-align:bottom"> </td> <td style="padding-bottom:6pt ;BORDER-BOTTOM:0.75pt solid #2393ff;vertical-align:bottom;text-align:right">$40,706,656</td> <td style="padding-bottom:6pt ;BORDER-BOTTOM:0.75pt solid #2393ff;white-space:nowrap;vertical-align:bottom"> </td> <td style=" BORDER-BOTTOM:0.75pt solid #2393ff;vertical-align:bottom"> </td> <td style="padding-bottom:6pt ;BORDER-BOTTOM:0.75pt solid #2393ff;vertical-align:bottom"> </td> <td style="padding-bottom:6pt ;BORDER-BOTTOM:0.75pt solid #2393ff;vertical-align:bottom;text-align:right">$2,685,819</td> <td style="padding-bottom:6pt ;BORDER-BOTTOM:0.75pt solid #2393ff;white-space:nowrap;vertical-align:bottom"> </td> <td style=" BORDER-BOTTOM:0.75pt solid #2393ff;vertical-align:bottom"> </td> <td style="padding-bottom:6pt ;BORDER-BOTTOM:0.75pt solid #2393ff;vertical-align:bottom"> </td> <td style="padding-bottom:6pt ;BORDER-BOTTOM:0.75pt solid #2393ff;vertical-align:bottom;text-align:right">$21,188,572</td> <td style="padding-bottom:6pt ;BORDER-BOTTOM:0.75pt solid #2393ff;white-space:nowrap;vertical-align:bottom"> </td> <td style=" BORDER-BOTTOM:0.75pt solid #2393ff;vertical-align:bottom"> </td> <td style="padding-bottom:6pt ;BORDER-BOTTOM:0.75pt solid #2393ff;vertical-align:bottom"> </td> <td style="padding-bottom:6pt ;BORDER-BOTTOM:0.75pt solid #2393ff;vertical-align:bottom;text-align:right">$159</td> <td style="padding-bottom:6pt ;BORDER-BOTTOM:0.75pt solid #2393ff;white-space:nowrap;vertical-align:bottom"> </td> <td style=" BORDER-BOTTOM:0.75pt solid #2393ff;vertical-align:bottom"> </td> <td style="padding-bottom:6pt ;BORDER-BOTTOM:0.75pt solid #2393ff;vertical-align:bottom"> </td> <td style="padding-bottom:6pt ;BORDER-BOTTOM:0.75pt solid #2393ff;vertical-align:bottom;text-align:right">$126</td> <td style="padding-bottom:6pt ;BORDER-BOTTOM:0.75pt solid #2393ff;white-space:nowrap;vertical-align:bottom"> </td> <td style=" BORDER-BOTTOM:0.75pt solid #2393ff;vertical-align:bottom"> </td> <td style="padding-bottom:6pt ;BORDER-BOTTOM:0.75pt solid #2393ff;vertical-align:bottom"> </td> <td style="padding-bottom:6pt ;BORDER-BOTTOM:0.75pt solid #2393ff;vertical-align:bottom;text-align:right">($28.1</td> <td style="padding-bottom:6pt ;BORDER-BOTTOM:0.75pt solid #2393ff;white-space:nowrap;vertical-align:bottom">) </td> <td style=" BORDER-BOTTOM:0.75pt solid #2393ff;vertical-align:bottom"> </td> <td style="padding-bottom:6pt ;BORDER-BOTTOM:0.75pt solid #2393ff;vertical-align:bottom"> </td> <td style="padding-bottom:6pt ;BORDER-BOTTOM:0.75pt solid #2393ff;vertical-align:bottom;text-align:right">54%</td> <td style="padding-bottom:6pt ;BORDER-BOTTOM:0.75pt solid #2393ff;white-space:nowrap;vertical-align:bottom"> </td></tr></table><div style="font-size:3pt;margin-top:0pt;margin-bottom:0pt"> </div> <table cellpadding="0" cellspacing="0" style="text-align:start; BORDER-COLLAPSE:COLLAPSE; font-family:ARIAL; font-size:7pt;border-spacing:0;width:100%"> <tr style="page-break-inside:avoid"> <td style="width:4%;vertical-align:top;text-align:left"><div style="color: rgb(51, 51, 51); letter-spacing: 0px; top: 0px;display:inline;">(1)</div></td> <td style="vertical-align:top;text-align:left"><div style="margin-top: 0pt; margin-bottom: 0pt; font-size: 7pt; font-family: ARIAL; text-align: left; line-height: normal;"><div style="color: rgb(51, 51, 51); letter-spacing: 0px; top: 0px;display:inline;">The dollar amounts reported in column (b) are the amounts of total compensation reported for Mr. Massaro (our Chief Executive Officer) for each corresponding year in the Total column of the Summary Compensation Table. Refer to Executive Compensation – Summary Compensation Table. </div></div></td></tr></table><div style="font-size:4pt;margin-top:0pt;margin-bottom:0pt"> </div> <table cellpadding="0" cellspacing="0" style="text-align:start; BORDER-COLLAPSE:COLLAPSE; font-family:ARIAL; font-size:7pt;border-spacing:0;width:100%"> <tr style="page-break-inside:avoid"> <td style="width:4%;vertical-align:top;text-align:left"><div style="color: rgb(51, 51, 51); letter-spacing: 0px; top: 0px;display:inline;">(2)</div></td> <td style="vertical-align:top;text-align:left"><div style="margin-top: 0pt; margin-bottom: 0pt; font-size: 7pt; font-family: ARIAL; text-align: left; line-height: normal;"><div style="color: rgb(51, 51, 51); letter-spacing: 0px; top: 0px;display:inline;">The dollar amounts reported in column (c) represent the amount of compensation actually paid to Mr. Massaro, as computed in accordance with Item 402(v) of Regulation <div style="white-space:nowrap;display:inline;">S-K.</div> The dollar amounts do not reflect the actual amount of compensation earned by or paid to Mr. Massaro during the applicable year. In accordance with the requirements of Item 402(v) of Regulation <div style="white-space:nowrap;display:inline;">S-K,</div> the following adjustments were made to Mr. Massaro’s total compensation for each year to determine the compensation actually paid: </div></div></td></tr></table><div style="font-size:18pt;margin-top:0pt;margin-bottom:0pt"> </div><div> <table cellpadding="0" cellspacing="0" style="text-align:start; BORDER-COLLAPSE:COLLAPSE; font-family:ARIAL; font-size:7pt;width:96%;border-spacing:0;margin-left:auto"> <tr> <td style="width:26%"></td> <td style="vertical-align:bottom;width:11%"></td> <td></td> <td></td> <td></td> <td style="vertical-align:bottom;width:11%"></td> <td></td> <td></td> <td></td> <td style="vertical-align:bottom;width:11%"></td> <td></td> <td></td> <td></td> <td style="vertical-align:bottom;width:11%"></td> <td></td> <td></td> <td></td></tr> <tr style="page-break-inside:avoid ; font-family:ARIAL; font-size:7pt"> <td style="padding-bottom:6pt ;vertical-align:bottom;white-space:nowrap"><div style="letter-spacing: 0px; top: 0px;display:inline;"><div style="font-weight:bolder;display:inline;"> YEAR</div></div></td> <td style="vertical-align:bottom">  </td> <td colspan="2" style="padding-bottom:6pt ;vertical-align:bottom;white-space:nowrap;text-align:right"><div style="letter-spacing: 0px; top: 0px;display:inline;"><div style="font-weight:bolder;display:inline;">REPORTED<br/> SUMMARY<br/> COMPENSATION<br/> TABLE TOTAL<br/> FOR PEO</div></div></td> <td style="vertical-align:bottom"> </td> <td style="vertical-align:bottom">  </td> <td colspan="2" style="padding-bottom:6pt ;vertical-align:bottom;white-space:nowrap;text-align:right"><div style="margin-top: 0pt; margin-bottom: 0pt; font-size: 7pt; font-family: ARIAL; font-weight: bold; text-align: right; line-height: normal;">       REPORTED<br/> VALUE OF</div><div style="margin-top: 0pt; margin-bottom: 0pt; font-size: 7pt; font-family: ARIAL; font-weight: bold; text-align: right; line-height: normal;">EQUITY</div><div style="margin-top: 0pt; margin-bottom: 1pt; font-size: 7pt; font-family: ARIAL; font-weight: bold; text-align: right; line-height: normal;">AWARDS<div style="font-size:75%; vertical-align:top;display:inline;font-size:5.8px">(a)</div></div></td> <td style="vertical-align:bottom"> </td> <td style="vertical-align:bottom">  </td> <td colspan="2" style="padding-bottom:6pt ;vertical-align:bottom;white-space:nowrap;text-align:right"><div style="margin-top: 0pt; margin-bottom: 0pt; font-size: 7pt; font-family: ARIAL; font-weight: bold; text-align: right; line-height: normal;">EQUITY</div><div style="margin-top: 0pt; margin-bottom: 1pt; font-size: 7pt; font-family: ARIAL; font-weight: bold; text-align: right; line-height: normal;">AWARD<br/>        ADJUSTMENTS<div style="font-size:75%; vertical-align:top;display:inline;font-size:5.8px">(b)</div></div></td> <td style="vertical-align:bottom"> </td> <td style="vertical-align:bottom">  </td> <td colspan="2" style="padding-bottom:6pt ;vertical-align:bottom;white-space:nowrap;text-align:right"><div style="margin-top: 0pt; margin-bottom: 0pt; font-size: 7pt; font-family: ARIAL; font-weight: bold; text-align: right; line-height: normal;">       COMPENSATION<br/> ACTUALLY</div><div style="margin-top: 0pt; margin-bottom: 1pt; font-size: 7pt; font-family: ARIAL; font-weight: bold; text-align: right; line-height: normal;">PAID TO PEO</div></td> <td style="vertical-align:bottom"> </td></tr> <tr style="font-size:1pt;background-color:#e8f4ff"> <td style="height:3pt"></td> <td colspan="4" style="height:3pt"></td> <td colspan="4" style="height:3pt"></td> <td colspan="4" style="height:3pt"></td> <td colspan="4" style="height:3pt"></td></tr> <tr style="page-break-inside:avoid ; font-family:ARIAL; font-size:8pt;background-color:#e8f4ff"> <td style="padding-bottom:6pt ;vertical-align:top"><div style="margin-top: 0pt; margin-bottom: 0pt; margin-left: 1.5em; text-indent: -1em; font-size: 8pt; font-family: ARIAL; line-height: normal;"><div style="color: rgb(35, 147, 255); letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">2025</div></div></div></div></td> <td style="vertical-align:bottom">  </td> <td style="padding-bottom:6pt ;white-space:nowrap;vertical-align:bottom">$</td> <td style="padding-bottom:6pt ;white-space:nowrap;vertical-align:bottom;text-align:right">8,803,495</td> <td style="padding-bottom:6pt ;white-space:nowrap;vertical-align:bottom"> </td> <td style="vertical-align:bottom">  </td> <td style="padding-bottom:6pt ;vertical-align:bottom"> </td> <td style="padding-bottom:6pt ;vertical-align:bottom;text-align:right">($7,732,055)</td> <td style="padding-bottom:6pt ;white-space:nowrap;vertical-align:bottom"> </td> <td style="vertical-align:bottom">  </td> <td style="padding-bottom:6pt ;white-space:nowrap;vertical-align:bottom">$</td> <td style="padding-bottom:6pt ;white-space:nowrap;vertical-align:bottom;text-align:right">6,007,853</td> <td style="padding-bottom:6pt ;white-space:nowrap;vertical-align:bottom"> </td> <td style="vertical-align:bottom">  </td> <td style="padding-bottom:6pt ;white-space:nowrap;vertical-align:bottom">$</td> <td style="padding-bottom:6pt ;white-space:nowrap;vertical-align:bottom;text-align:right">7,079,293</td> <td style="padding-bottom:6pt ;white-space:nowrap;vertical-align:bottom"> </td></tr></table></div><div style="font-size:10pt;margin-top:0pt;margin-bottom:0pt"> </div> <table cellpadding="0" cellspacing="0" style="text-align:start; BORDER-COLLAPSE:COLLAPSE; font-family:ARIAL; font-size:7pt;border-spacing:0;width:100%"> <tr style="page-break-inside:avoid"> <td style="width:4%"> </td> <td style="width:4%;vertical-align:top;text-align:left"><div style="color: rgb(51, 51, 51); letter-spacing: 0px; top: 0px;display:inline;">(a)</div></td> <td style="vertical-align:top;text-align:left"><div style="margin-top: 0pt; margin-bottom: 0pt; font-size: 7pt; font-family: ARIAL; text-align: left; line-height: normal;"><div style="color: rgb(51, 51, 51); letter-spacing: 0px; top: 0px;display:inline;">The grant date fair value of equity awards represents the total of the amounts reported in the Stock Awards and Option Awards columns in the Summary Compensation Table for the applicable year. </div></div></td></tr></table><div style="font-size:10pt;margin-top:0pt;margin-bottom:0pt"> </div> <table cellpadding="0" cellspacing="0" style="text-align:start; BORDER-COLLAPSE:COLLAPSE; font-family:ARIAL; font-size:7pt;border-spacing:0;width:100%"> <tr style="page-break-inside:avoid"> <td style="width:4%"> </td> <td style="width:4%;vertical-align:top;text-align:left"><div style="color: rgb(51, 51, 51); letter-spacing: 0px; top: 0px;display:inline;">(b)</div></td> <td style="vertical-align:top;text-align:left"><div style="margin-top: 0pt; margin-bottom: 0pt; font-size: 7pt; font-family: ARIAL; text-align: left; line-height: normal;"><div style="color: rgb(51, 51, 51); letter-spacing: 0px; top: 0px;display:inline;">The equity award adjustments for each applicable year include the addition (or subtraction, as applicable) of the following: (i) the <div style="white-space:nowrap;display:inline;">year-end</div> fair value of any equity awards granted in the applicable year that are outstanding and unvested as of the end of the year; (ii) the amount of change as of the end of the applicable year (from the end of the prior fiscal year) in fair value of any awards granted in prior years that are outstanding and unvested as of the end of the applicable year; (iii) for awards that are granted and vest in same applicable year, the fair value as of the vesting date; (iv) for awards granted in prior years that vest in the applicable year, the amount equal to the change as of the vesting date (from the end of the prior fiscal year) in fair value; (v) for awards granted in prior years that are determined to fail to meet the applicable vesting conditions during the applicable year, a deduction for the amount equal to the fair value at the end of the prior fiscal year; and (vi) the dollar value of any dividends or other earnings paid on stock or option awards in the applicable year prior to the vesting date that are not otherwise reflected in the fair value of such award or included in any other component of total compensation for the applicable year. The valuation methodology used to calculate fair values did not materially differ from those disclosed at the time of grant and include current economic assumptions as of the applicable valuation dates. The amounts deducted or added in calculating the equity award adjustments are as follows: </div></div></td></tr></table><div style="margin-top:0pt;margin-bottom:0pt ; font-size:8pt"> </div><div style="margin-top:0pt; margin-bottom:0pt; font-size:7pt; font-family:ARIAL;text-align:center"><div style="letter-spacing: 0px; top: 0px;display:inline;"><div style="font-weight:bolder;display:inline;"></div></div> </div><div></div><div> <table cellpadding="0" cellspacing="0" style="text-align:start; BORDER-COLLAPSE:COLLAPSE; font-family:ARIAL; font-size:7pt;width:96%;border-spacing:0;margin-left:auto"> <tr> <td style="width:14%"></td> <td style="vertical-align:bottom;width:3%"></td> <td></td> <td></td> <td style="vertical-align:bottom;width:3%"></td> <td style="vertical-align:bottom;width:3%"></td> <td></td> <td></td> <td style="vertical-align:bottom;width:3%"></td> <td style="vertical-align:bottom;width:3%"></td> <td></td> <td></td> <td style="vertical-align:bottom;width:3%"></td> <td style="vertical-align:bottom;width:3%"></td> <td></td> <td></td> <td style="vertical-align:bottom;width:3%"></td> <td style="vertical-align:bottom;width:3%"></td> <td></td> <td></td> <td style="vertical-align:bottom;width:3%"></td> <td style="vertical-align:bottom;width:3%"></td> <td></td> <td></td> <td style="vertical-align:bottom;width:3%"></td> <td style="vertical-align:bottom;width:3%"></td> <td></td> <td></td> <td style="vertical-align:bottom;width:3%"></td></tr> <tr style="page-break-inside:avoid ; font-family:ARIAL; font-size:7pt"> <td style="padding-bottom:6pt ;vertical-align:bottom"><div style="letter-spacing: 0px; top: 0px;display:inline;"><div style="font-weight:bolder;display:inline;"> YEAR</div></div></td> <td style="vertical-align:bottom"> </td> <td colspan="2" style="padding-bottom:6pt ;vertical-align:bottom;text-align:right"><div style="letter-spacing: 0px; top: 0px;display:inline;"><div style="font-weight:bolder;display:inline;">YEAR END<br/> FAIR VALUE OF<br/> UNVESTED<br/> EQUITY<br/> AWARDS<br/> GRANTED IN<br/> THE YEAR</div></div></td> <td style="vertical-align:bottom"> </td> <td style="vertical-align:bottom"> </td> <td colspan="2" style="padding-bottom:6pt ;vertical-align:bottom;text-align:right"><div style="margin-top: 0pt; margin-bottom: 0pt; font-size: 7pt; font-family: ARIAL; font-weight: bold; text-align: right; line-height: normal;">YEAR OVER YEAR<br/> CHANGE IN FAIR<br/> VALUE OF<br/> OUTSTANDING AND<br/> UNVESTED EQUITY<br/> AWARDS</div><div style="margin-top: 0pt; margin-bottom: 1pt; font-size: 7pt; font-family: ARIAL; font-weight: bold; text-align: right; line-height: normal;">GRANTED IN<br/> PRIOR YEARS</div></td> <td style="vertical-align:bottom"> </td> <td style="vertical-align:bottom"> </td> <td colspan="2" style="padding-bottom:6pt ;vertical-align:bottom;text-align:right"><div style="letter-spacing: 0px; top: 0px;display:inline;"><div style="font-weight:bolder;display:inline;">FAIR VALUE AS OF<br/> VESTING DATE OF<br/> EQUITY AWARDS<br/> GRANTED AND<br/> VESTED IN THE<br/> YEAR</div></div></td> <td style="vertical-align:bottom"> </td> <td style="vertical-align:bottom"> </td> <td colspan="2" style="padding-bottom:6pt ;vertical-align:bottom;text-align:right"><div style="letter-spacing: 0px; top: 0px;display:inline;"><div style="font-weight:bolder;display:inline;">YEAR OVER<br/> YEAR CHANGE<br/> IN FAIR VALUE<br/> OF EQUITY<br/> AWARDS<br/> GRANTED IN<br/> PRIOR YEARS<br/> THAT VESTED IN<br/> THE YEAR</div></div></td> <td style="vertical-align:bottom"> </td> <td style="vertical-align:bottom"> </td> <td colspan="2" style="padding-bottom:6pt ;vertical-align:bottom;text-align:right"><div style="letter-spacing: 0px; top: 0px;display:inline;"><div style="font-weight:bolder;display:inline;">FAIR VALUE AT<br/> THE END OF THE<br/> PRIOR YEAR OF<br/> EQUITY AWARDS<br/> THAT FAILED TO<br/> MEET VESTING<br/> CONDITIONS IN<br/> THE YEAR</div></div></td> <td style="vertical-align:bottom"> </td> <td style="vertical-align:bottom"> </td> <td colspan="2" style="padding-bottom:6pt ;vertical-align:bottom;text-align:right"><div style="letter-spacing: 0px; top: 0px;display:inline;"><div style="font-weight:bolder;display:inline;">VALUE OF<br/> DIVIDENDS OR<br/> OTHER EARNINGS<br/> PAID ON STOCK OR<br/> OPTION AWARDS<br/> NOT OTHERWISE<br/> REFLECTED IN FAIR<br/> VALUE OR TOTAL<br/> COMPENSATION</div></div></td> <td style="vertical-align:bottom"> </td> <td style="vertical-align:bottom"> </td> <td colspan="2" style="padding-bottom:6pt ;vertical-align:bottom;text-align:right"><div style="letter-spacing: 0px; top: 0px;display:inline;"><div style="font-weight:bolder;display:inline;">TOTAL EQUITY<br/> AWARD<br/> ADJUSTMENTS</div></div></td> <td style="vertical-align:bottom"> </td></tr> <tr style="font-size:1pt;background-color:#e8f4ff"> <td style="height:3pt"></td> <td colspan="4" style="height:3pt"></td> <td colspan="4" style="height:3pt"></td> <td colspan="4" style="height:3pt"></td> <td colspan="4" style="height:3pt"></td> <td colspan="4" style="height:3pt"></td> <td colspan="4" style="height:3pt"></td> <td colspan="4" style="height:3pt"></td></tr> <tr style="page-break-inside:avoid ; font-family:ARIAL; font-size:7pt;background-color:#e8f4ff"> <td style="padding-bottom:6pt ;BORDER-BOTTOM:0.75pt solid #2393ff;vertical-align:top"><div style="margin-top: 0pt; margin-bottom: 0pt; margin-left: 1.5em; text-indent: -1em; font-size: 7pt; font-family: ARIAL; line-height: normal;"><div style="color: rgb(35, 147, 255); letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">2025</div></div></div></div></td> <td style=" BORDER-BOTTOM:0.75pt solid #2393ff;vertical-align:bottom"> </td> <td style="padding-bottom:6pt ;BORDER-BOTTOM:0.75pt solid #2393ff;white-space:nowrap;vertical-align:bottom"> </td> <td style="padding-bottom:6pt ;BORDER-BOTTOM:0.75pt solid #2393ff;white-space:nowrap;vertical-align:bottom;text-align:right">$10,840,188</td> <td style="padding-bottom:6pt ;BORDER-BOTTOM:0.75pt solid #2393ff;white-space:nowrap;vertical-align:bottom"> </td> <td style=" BORDER-BOTTOM:0.75pt solid #2393ff;vertical-align:bottom"> </td> <td style="padding-bottom:6pt ;BORDER-BOTTOM:0.75pt solid #2393ff;white-space:nowrap;vertical-align:bottom"> </td> <td style="padding-bottom:6pt ;BORDER-BOTTOM:0.75pt solid #2393ff;white-space:nowrap;vertical-align:bottom;text-align:right">($1,947,615)</td> <td style="padding-bottom:6pt ;BORDER-BOTTOM:0.75pt solid #2393ff;white-space:nowrap;vertical-align:bottom"> </td> <td style=" BORDER-BOTTOM:0.75pt solid #2393ff;vertical-align:bottom"> </td> <td style="padding-bottom:6pt ;BORDER-BOTTOM:0.75pt solid #2393ff;white-space:nowrap;vertical-align:bottom"> </td> <td style="padding-bottom:6pt ;BORDER-BOTTOM:0.75pt solid #2393ff;white-space:nowrap;vertical-align:bottom;text-align:right">$0</td> <td style="padding-bottom:6pt ;BORDER-BOTTOM:0.75pt solid #2393ff;white-space:nowrap;vertical-align:bottom"> </td> <td style=" BORDER-BOTTOM:0.75pt solid #2393ff;vertical-align:bottom"> </td> <td style="padding-bottom:6pt ;BORDER-BOTTOM:0.75pt solid #2393ff;white-space:nowrap;vertical-align:bottom"> </td> <td style="padding-bottom:6pt ;BORDER-BOTTOM:0.75pt solid #2393ff;white-space:nowrap;vertical-align:bottom;text-align:right">($2,884,720)</td> <td style="padding-bottom:6pt ;BORDER-BOTTOM:0.75pt solid #2393ff;white-space:nowrap;vertical-align:bottom"> </td> <td style=" BORDER-BOTTOM:0.75pt solid #2393ff;vertical-align:bottom"> </td> <td style="padding-bottom:6pt ;BORDER-BOTTOM:0.75pt solid #2393ff;white-space:nowrap;vertical-align:bottom"> </td> <td style="padding-bottom:6pt ;BORDER-BOTTOM:0.75pt solid #2393ff;white-space:nowrap;vertical-align:bottom;text-align:right">$0</td> <td style="padding-bottom:6pt ;BORDER-BOTTOM:0.75pt solid #2393ff;white-space:nowrap;vertical-align:bottom"> </td> <td style=" BORDER-BOTTOM:0.75pt solid #2393ff;vertical-align:bottom"> </td> <td style="padding-bottom:6pt ;BORDER-BOTTOM:0.75pt solid #2393ff;white-space:nowrap;vertical-align:bottom"> </td> <td style="padding-bottom:6pt ;BORDER-BOTTOM:0.75pt solid #2393ff;white-space:nowrap;vertical-align:bottom;text-align:right">$0</td> <td style="padding-bottom:6pt ;BORDER-BOTTOM:0.75pt solid #2393ff;white-space:nowrap;vertical-align:bottom"> </td> <td style=" BORDER-BOTTOM:0.75pt solid #2393ff;vertical-align:bottom"> </td> <td style="padding-bottom:6pt ;BORDER-BOTTOM:0.75pt solid #2393ff;white-space:nowrap;vertical-align:bottom"> </td> <td style="padding-bottom:6pt ;BORDER-BOTTOM:0.75pt solid #2393ff;white-space:nowrap;vertical-align:bottom;text-align:right">$6,007,853</td> <td style="padding-bottom:6pt ;BORDER-BOTTOM:0.75pt solid #2393ff;white-space:nowrap;vertical-align:bottom"> </td></tr></table></div><div style="font-size:3pt;margin-top:0pt;margin-bottom:0pt"> </div> <table cellpadding="0" cellspacing="0" style="text-align:start; BORDER-COLLAPSE:COLLAPSE; font-family:ARIAL; font-size:7pt;border-spacing:0;width:100%"> <tr style="page-break-inside:avoid"> <td style="width:4%;vertical-align:top;text-align:left"><div style="color: rgb(51, 51, 51); letter-spacing: 0px; top: 0px;display:inline;">(3)</div></td> <td style="vertical-align:top;text-align:left"><div style="margin-top: 0pt; margin-bottom: 0pt; font-size: 7pt; font-family: ARIAL; text-align: left; line-height: normal;"><div style="color: rgb(51, 51, 51); letter-spacing: 0px; top: 0px;display:inline;">The dollar <div style="display:inline;">amounts </div>reported in column (d) represent the average of the amounts reported for our NEOs as a group (excluding Mr. Massaro, who has served as our CEO since 2013) in the Total column of the Summary Compensation Table in each applicable year. The names of each of the NEOs (excluding Mr. Massaro) included for purposes of calculating the average amounts in each applicable year are as follows: (i) for 2025, Robert Orgel, Peter Butterfield, David King, and Cosmin Pitigoi, (ii) for 2024, Robert Orgel, Michael Ellis, Peter Butterfield, David King, and Cosmin Pitigoi, (iii) for 2023, Robert Orgel, Michael Ellis, Peter Butterfield and David King, (iv) for 2022, Robert Orgel, Michael Ellis, Sharon Butler and David King; and (v) for 2021, Robert Orgel and Michael Ellis. </div></div></td></tr></table><div style="font-size:4pt;margin-top:0pt;margin-bottom:0pt"> </div> <table cellpadding="0" cellspacing="0" style="text-align:start; BORDER-COLLAPSE:COLLAPSE; font-family:ARIAL; font-size:7pt;border-spacing:0;width:100%"> <tr style="page-break-inside:avoid"> <td style="width:4%;vertical-align:top;text-align:left"><div style="color: rgb(51, 51, 51); letter-spacing: 0px; top: 0px;display:inline;">(4)</div></td> <td style="vertical-align:top;text-align:left"><div style="margin-top: 0pt; margin-bottom: 0pt; font-size: 7pt; font-family: ARIAL; text-align: left; line-height: normal;"><div style="color: rgb(51, 51, 51); letter-spacing: 0px; top: 0px;display:inline;">The dollar amounts reported in column (e) represent the average amount of compensation actually paid to the NEOs as a group (excluding Mr. Massaro), as computed in accordance with Item 402(v) of Regulation <div style="white-space:nowrap;display:inline;">S-K.</div> The dollar amounts do not reflect the actual average amount of compensation earned by or paid to the NEOs as a group (excluding Mr. Massaro) during the applicable year. In accordance with the requirements of Item 402(v) of Regulation <div style="white-space:nowrap;display:inline;">S-K,</div> the following adjustments were made to average total compensation for the NEOs as a group (excluding Mr. Massaro) for each year to determine the compensation actually paid, using the same methodology described above in Footnote (2) above: </div></div></td></tr></table><div style="font-size:14pt;margin-top:0pt;margin-bottom:0pt"> </div><div> <table cellpadding="0" cellspacing="0" style="text-align:start; BORDER-COLLAPSE:COLLAPSE; font-family:ARIAL; font-size:7pt;width:96%;border-spacing:0;margin-left:auto"> <tr> <td style="width:36%"></td> <td style="vertical-align:bottom;width:9%"></td> <td></td> <td></td> <td></td> <td style="vertical-align:bottom;width:9%"></td> <td></td> <td></td> <td></td> <td style="vertical-align:bottom;width:9%"></td> <td></td> <td></td> <td></td> <td style="vertical-align:bottom;width:6%"></td> <td></td> <td></td> <td style="vertical-align:bottom;width:3%"></td></tr> <tr style="page-break-inside:avoid ; font-family:ARIAL; font-size:7pt"> <td style="padding-bottom:6pt ;vertical-align:bottom"><div style="letter-spacing: 0px; top: 0px;display:inline;"><div style="font-weight:bolder;display:inline;"> YEAR</div></div></td> <td style="vertical-align:bottom">  </td> <td colspan="2" style="padding-bottom:6pt ;vertical-align:bottom;text-align:right"><div style="letter-spacing: 0px; top: 0px;display:inline;"><div style="font-weight:bolder;display:inline;">AVERAGE<br/> REPORTED<br/> SUMMARY<br/> COMPENSATION<br/> TABLE TOTAL<br/> FOR <div style="white-space:nowrap;display:inline;">NON-PEO</div><br/> NEOS</div></div></td> <td style="vertical-align:bottom"> </td> <td style="vertical-align:bottom">  </td> <td colspan="2" style="padding-bottom:6pt ;vertical-align:bottom;white-space:nowrap;text-align:right"><div style="margin-top: 0pt; margin-bottom: 0pt; font-size: 7pt; font-family: ARIAL; font-weight: bold; text-align: right; line-height: normal;">AVERAGE<br/>     REPORTED<br/> VALUE OF</div><div style="margin-top: 0pt; margin-bottom: 0pt; font-size: 7pt; font-family: ARIAL; font-weight: bold; text-align: right; line-height: normal;">EQUITY</div><div style="margin-top: 0pt; margin-bottom: 1pt; font-size: 7pt; font-family: ARIAL; font-weight: bold; text-align: right; line-height: normal;">AWARDS<div style="font-size:75%; vertical-align:top;display:inline;font-size:5.8px">(a)</div></div></td> <td style="vertical-align:bottom"> </td> <td style="vertical-align:bottom"> </td> <td colspan="2" style="padding-bottom:6pt ;vertical-align:bottom;white-space:nowrap;text-align:right"><div style="margin-top: 0pt; margin-bottom: 0pt; font-size: 7pt; font-family: ARIAL; font-weight: bold; text-align: right; line-height: normal;">AVERAGE</div><div style="margin-top: 0pt; margin-bottom: 1pt; font-size: 7pt; font-family: ARIAL; font-weight: bold; text-align: right; line-height: normal;">EQUITY AWARD<br/>     ADJUSTMENTS<div style="font-size:75%; vertical-align:top;display:inline;font-size:5.8px">(b)</div></div></td> <td style="vertical-align:bottom"> </td> <td style="vertical-align:bottom">  </td> <td colspan="2" style="padding-bottom:6pt ;vertical-align:bottom;white-space:nowrap;text-align:right"><div style="margin-top: 0pt; margin-bottom: 0pt; font-size: 7pt; font-family: ARIAL; font-weight: bold; text-align: right; line-height: normal;">AVERAGE<br/>     COMPENSATION<br/> ACTUALLY PAID</div><div style="margin-top: 0pt; margin-bottom: 0pt; font-size: 7pt; font-family: ARIAL; font-weight: bold; text-align: right; line-height: normal;"><div style="white-space: nowrap; letter-spacing: 0px; top: 0px;display:inline;">TO NON-PEO</div></div><div style="margin-top: 0pt; margin-bottom: 1pt; font-size: 7pt; font-family: ARIAL; font-weight: bold; text-align: right; line-height: normal;">NEOS</div></td> <td style="vertical-align:bottom"> </td></tr> <tr style="font-size:1pt;background-color:#e8f4ff"> <td style="height:3pt"></td> <td colspan="4" style="height:3pt"></td> <td colspan="4" style="height:3pt"></td> <td colspan="4" style="height:3pt"></td> <td colspan="4" style="height:3pt"></td></tr> <tr style="page-break-inside:avoid ; font-family:ARIAL; font-size:8pt;background-color:#e8f4ff"> <td style="padding-bottom:6pt ;BORDER-BOTTOM:0.75pt solid #2393ff;vertical-align:top"><div style="margin-top: 0pt; margin-bottom: 0pt; margin-left: 1.5em; text-indent: -1em; font-size: 8pt; font-family: ARIAL; line-height: normal;"><div style="color: rgb(35, 147, 255); letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">2025</div></div></div></div></td> <td style=" BORDER-BOTTOM:0.75pt solid #2393ff;vertical-align:bottom">  </td> <td style="padding-bottom:6pt ;BORDER-BOTTOM:0.75pt solid #2393ff;white-space:nowrap;vertical-align:bottom">$</td> <td style="padding-bottom:6pt ;BORDER-BOTTOM:0.75pt solid #2393ff;white-space:nowrap;vertical-align:bottom;text-align:right">3,857,829</td> <td style="padding-bottom:6pt ;BORDER-BOTTOM:0.75pt solid #2393ff;white-space:nowrap;vertical-align:bottom"> </td> <td style=" BORDER-BOTTOM:0.75pt solid #2393ff;vertical-align:bottom">  </td> <td style="padding-bottom:6pt ;BORDER-BOTTOM:0.75pt solid #2393ff;white-space:nowrap;vertical-align:bottom">($</td> <td style="padding-bottom:6pt ;BORDER-BOTTOM:0.75pt solid #2393ff;white-space:nowrap;vertical-align:bottom;text-align:right">3,201,551</td> <td style="padding-bottom:6pt ;BORDER-BOTTOM:0.75pt solid #2393ff;white-space:nowrap;vertical-align:bottom">) </td> <td style=" BORDER-BOTTOM:0.75pt solid #2393ff;vertical-align:bottom"> </td> <td style="padding-bottom:6pt ;BORDER-BOTTOM:0.75pt solid #2393ff;white-space:nowrap;vertical-align:bottom">$</td> <td style="padding-bottom:6pt ;BORDER-BOTTOM:0.75pt solid #2393ff;white-space:nowrap;vertical-align:bottom;text-align:right">2,403,656</td> <td style="padding-bottom:6pt ;BORDER-BOTTOM:0.75pt solid #2393ff;white-space:nowrap;vertical-align:bottom"> </td> <td style=" BORDER-BOTTOM:0.75pt solid #2393ff;vertical-align:bottom">  </td> <td style="padding-bottom:6pt ;BORDER-BOTTOM:0.75pt solid #2393ff;white-space:nowrap;vertical-align:bottom">$</td> <td style="padding-bottom:6pt ;BORDER-BOTTOM:0.75pt solid #2393ff;white-space:nowrap;vertical-align:bottom;text-align:right">3,059,934</td> <td style="padding-bottom:6pt ;BORDER-BOTTOM:0.75pt solid #2393ff;white-space:nowrap;vertical-align:bottom"> </td></tr></table></div><div style="font-size:6pt;margin-top:0pt;margin-bottom:0pt"> </div> <table cellpadding="0" cellspacing="0" style="text-align:start; BORDER-COLLAPSE:COLLAPSE; font-family:ARIAL; font-size:7pt;border-spacing:0;width:100%"> <tr style="page-break-inside:avoid"> <td style="width:4%"> </td> <td style="width:4%;vertical-align:top;text-align:left"><div style="color: rgb(51, 51, 51); letter-spacing: 0px; top: 0px;display:inline;">(a)</div></td> <td style="vertical-align:top;text-align:left"><div style="margin-top: 0pt; margin-bottom: 0pt; font-size: 7pt; font-family: ARIAL; text-align: left; line-height: normal;"><div style="color: rgb(51, 51, 51); letter-spacing: 0px; top: 0px;display:inline;">The grant date fair value of equity awards represents the total of the amounts reported in the Stock Awards and Option Awards columns in the Summary Compensation Table for the applicable year. </div></div></td></tr></table><div style="font-size:6pt;margin-top:0pt;margin-bottom:0pt"> </div> <table cellpadding="0" cellspacing="0" style="text-align:start; BORDER-COLLAPSE:COLLAPSE; font-family:ARIAL; font-size:7pt;border-spacing:0;width:100%"> <tr style="page-break-inside:avoid"> <td style="width:4%"> </td> <td style="width:4%;vertical-align:top;text-align:left"><div style="color: rgb(51, 51, 51); letter-spacing: 0px; top: 0px;display:inline;">(b)</div></td> <td style="vertical-align:top;text-align:left"><div style="margin-top: 0pt; margin-bottom: 0pt; font-size: 7pt; font-family: ARIAL; text-align: left; line-height: normal;"><div style="color: rgb(51, 51, 51); letter-spacing: 0px; top: 0px;display:inline;">The amounts deducted or added in calculating the total average equity award adjustments are as follows: </div></div></td></tr></table><div style="font-size:12pt;margin-top:0pt;margin-bottom:0pt"> </div><div> <table cellpadding="0" cellspacing="0" style="text-align:start; BORDER-COLLAPSE:COLLAPSE; font-family:ARIAL; font-size:7pt;width:96%;border-spacing:0;margin-left:auto"> <tr> <td style="width:14%"></td> <td style="vertical-align:bottom;width:3%"></td> <td></td> <td></td> <td style="vertical-align:bottom;width:4%"></td> <td style="vertical-align:bottom;width:3%"></td> <td></td> <td></td> <td style="vertical-align:bottom;width:4%"></td> <td style="vertical-align:bottom;width:3%"></td> <td></td> <td></td> <td style="vertical-align:bottom;width:4%"></td> <td style="vertical-align:bottom;width:3%"></td> <td></td> <td></td> <td style="vertical-align:bottom;width:4%"></td> <td style="vertical-align:bottom;width:3%"></td> <td></td> <td></td> <td style="vertical-align:bottom;width:4%"></td> <td style="vertical-align:bottom;width:3%"></td> <td></td> <td></td> <td style="vertical-align:bottom;width:4%"></td> <td style="vertical-align:bottom;width:3%"></td> <td></td> <td></td> <td style="vertical-align:bottom;width:4%"></td></tr> <tr style="page-break-inside:avoid ; font-family:ARIAL; font-size:7pt"> <td style="padding-bottom:6pt ;vertical-align:bottom"><div style="letter-spacing: 0px; top: 0px;display:inline;"><div style="font-weight:bolder;display:inline;"> YEAR</div></div></td> <td style="vertical-align:bottom"> </td> <td colspan="2" style="padding-bottom:6pt ;vertical-align:bottom;text-align:right"><div style="letter-spacing: 0px; top: 0px;display:inline;"><div style="font-weight:bolder;display:inline;">YEAR END FAIR<br/> VALUE OF<br/> UNVESTED<br/> EQUITY<br/> AWARDS<br/> GRANTED IN<br/> THE YEAR</div></div></td> <td style="vertical-align:bottom"> </td> <td style="vertical-align:bottom"> </td> <td colspan="2" style="padding-bottom:6pt ;vertical-align:bottom;text-align:right"><div style="margin-top: 0pt; margin-bottom: 0pt; font-size: 7pt; font-family: ARIAL; font-weight: bold; text-align: right; line-height: normal;">YEAR OVER YEAR<br/> CHANGE IN FAIR<br/> VALUE OF<br/> OUTSTANDING AND<br/> UNVESTED EQUITY<br/> AWARDS</div><div style="margin-top: 0pt; margin-bottom: 0pt; font-size: 7pt; font-family: ARIAL; font-weight: bold; text-align: right; line-height: normal;">GRANTED IN</div><div style="margin-top: 0pt; margin-bottom: 1pt; font-size: 7pt; font-family: ARIAL; font-weight: bold; text-align: right; line-height: normal;">PRIOR YEARS</div></td> <td style="vertical-align:bottom"> </td> <td style="vertical-align:bottom"> </td> <td colspan="2" style="padding-bottom:6pt ;vertical-align:bottom;text-align:right"><div style="letter-spacing: 0px; top: 0px;display:inline;"><div style="font-weight:bolder;display:inline;">FAIR VALUE AS OF<br/> VESTING DATE OF<br/> EQUITY AWARDS<br/> GRANTED AND<br/> VESTED IN THE<br/> YEAR</div></div></td> <td style="vertical-align:bottom"> </td> <td style="vertical-align:bottom"> </td> <td colspan="2" style="padding-bottom:6pt ;vertical-align:bottom;text-align:right"><div style="margin-top: 0pt; margin-bottom: 0pt; font-size: 7pt; font-family: ARIAL; font-weight: bold; text-align: right; line-height: normal;">YEAR OVER</div><div style="margin-top: 0pt; margin-bottom: 1pt; font-size: 7pt; font-family: ARIAL; font-weight: bold; text-align: right; line-height: normal;">YEAR CHANGE<br/> IN FAIR VALUE<br/> OF EQUITY<br/> AWARDS<br/> GRANTED IN<br/> PRIOR YEARS<br/> THAT VESTED<br/> IN THE YEAR</div></td> <td style="vertical-align:bottom"> </td> <td style="vertical-align:bottom"> </td> <td colspan="2" style="padding-bottom:6pt ;vertical-align:bottom;text-align:right"><div style="letter-spacing: 0px; top: 0px;display:inline;"><div style="font-weight:bolder;display:inline;">FAIR VALUE AT<br/> THE END OF THE<br/> PRIOR YEAR OF<br/> EQUITY AWARDS<br/> THAT FAILED TO<br/> MEET VESTING<br/> CONDITIONS IN<br/> THE YEAR</div></div></td> <td style="vertical-align:bottom"> </td> <td style="vertical-align:bottom"> </td> <td colspan="2" style="padding-bottom:6pt ;vertical-align:bottom;text-align:right"><div style="letter-spacing: 0px; top: 0px;display:inline;"><div style="font-weight:bolder;display:inline;">VALUE OF<br/> DIVIDENDS OR<br/> OTHER EARNINGS<br/> PAID ON STOCK OR<br/> OPTION AWARDS<br/> NOT OTHERWISE<br/> REFLECTED IN FAIR<br/> VALUE OR TOTAL<br/> COMPENSATION</div></div></td> <td style="vertical-align:bottom"> </td> <td style="vertical-align:bottom"> </td> <td colspan="2" style="padding-bottom:6pt ;vertical-align:bottom;text-align:right"><div style="letter-spacing: 0px; top: 0px;display:inline;"><div style="font-weight:bolder;display:inline;">TOTAL EQUITY<br/> AWARD<br/> ADJUSTMENTS</div></div></td> <td style="vertical-align:bottom"> </td></tr> <tr style="font-size:1pt;background-color:#e8f4ff"> <td style="height:3pt"></td> <td colspan="4" style="height:3pt"></td> <td colspan="4" style="height:3pt"></td> <td colspan="4" style="height:3pt"></td> <td colspan="4" style="height:3pt"></td> <td colspan="4" style="height:3pt"></td> <td colspan="4" style="height:3pt"></td> <td colspan="4" style="height:3pt"></td></tr> <tr style="page-break-inside:avoid ; font-family:ARIAL; font-size:8pt;background-color:#e8f4ff"> <td style="padding-bottom:6pt ;BORDER-BOTTOM:0.75pt solid #2393ff;vertical-align:top"><div style="margin-top: 0pt; margin-bottom: 0pt; margin-left: 1.5em; text-indent: -1em; font-size: 8pt; font-family: ARIAL; line-height: normal;"><div style="color: rgb(35, 147, 255); letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">2025</div></div></div></div></td> <td style=" BORDER-BOTTOM:0.75pt solid #2393ff;vertical-align:bottom"> </td> <td style="padding-bottom:6pt ;BORDER-BOTTOM:0.75pt solid #2393ff;white-space:nowrap;vertical-align:bottom">$</td> <td style="padding-bottom:6pt ;BORDER-BOTTOM:0.75pt solid #2393ff;white-space:nowrap;vertical-align:bottom;text-align:right">4,488,511</td> <td style="padding-bottom:6pt ;BORDER-BOTTOM:0.75pt solid #2393ff;white-space:nowrap;vertical-align:bottom"> </td> <td style=" BORDER-BOTTOM:0.75pt solid #2393ff;vertical-align:bottom"> </td> <td style="padding-bottom:6pt ;BORDER-BOTTOM:0.75pt solid #2393ff;white-space:nowrap;vertical-align:bottom">($</td> <td style="padding-bottom:6pt ;BORDER-BOTTOM:0.75pt solid #2393ff;white-space:nowrap;vertical-align:bottom;text-align:right">861,121</td> <td style="padding-bottom:6pt ;BORDER-BOTTOM:0.75pt solid #2393ff;white-space:nowrap;vertical-align:bottom">) </td> <td style=" BORDER-BOTTOM:0.75pt solid #2393ff;vertical-align:bottom"> </td> <td style="padding-bottom:6pt ;BORDER-BOTTOM:0.75pt solid #2393ff;white-space:nowrap;vertical-align:bottom">$</td> <td style="padding-bottom:6pt ;BORDER-BOTTOM:0.75pt solid #2393ff;white-space:nowrap;vertical-align:bottom;text-align:right">0</td> <td style="padding-bottom:6pt ;BORDER-BOTTOM:0.75pt solid #2393ff;white-space:nowrap;vertical-align:bottom"> </td> <td style=" BORDER-BOTTOM:0.75pt solid #2393ff;vertical-align:bottom"> </td> <td style="padding-bottom:6pt ;BORDER-BOTTOM:0.75pt solid #2393ff;white-space:nowrap;vertical-align:bottom">($</td> <td style="padding-bottom:6pt ;BORDER-BOTTOM:0.75pt solid #2393ff;white-space:nowrap;vertical-align:bottom;text-align:right">1,223,734</td> <td style="padding-bottom:6pt ;BORDER-BOTTOM:0.75pt solid #2393ff;white-space:nowrap;vertical-align:bottom">) </td> <td style=" BORDER-BOTTOM:0.75pt solid #2393ff;vertical-align:bottom"> </td> <td style="padding-bottom:6pt ;BORDER-BOTTOM:0.75pt solid #2393ff;white-space:nowrap;vertical-align:bottom">$</td> <td style="padding-bottom:6pt ;BORDER-BOTTOM:0.75pt solid #2393ff;white-space:nowrap;vertical-align:bottom;text-align:right">0</td> <td style="padding-bottom:6pt ;BORDER-BOTTOM:0.75pt solid #2393ff;white-space:nowrap;vertical-align:bottom"> </td> <td style=" BORDER-BOTTOM:0.75pt solid #2393ff;vertical-align:bottom"> </td> <td style="padding-bottom:6pt ;BORDER-BOTTOM:0.75pt solid #2393ff;white-space:nowrap;vertical-align:bottom">$</td> <td style="padding-bottom:6pt ;BORDER-BOTTOM:0.75pt solid #2393ff;white-space:nowrap;vertical-align:bottom;text-align:right">0</td> <td style="padding-bottom:6pt ;BORDER-BOTTOM:0.75pt solid #2393ff;white-space:nowrap;vertical-align:bottom"> </td> <td style=" BORDER-BOTTOM:0.75pt solid #2393ff;vertical-align:bottom"> </td> <td style="padding-bottom:6pt ;BORDER-BOTTOM:0.75pt solid #2393ff;white-space:nowrap;vertical-align:bottom">$</td> <td style="padding-bottom:6pt ;BORDER-BOTTOM:0.75pt solid #2393ff;white-space:nowrap;vertical-align:bottom;text-align:right">2,403,656</td> <td style="padding-bottom:6pt ;BORDER-BOTTOM:0.75pt solid #2393ff;white-space:nowrap;vertical-align:bottom"> </td></tr></table></div><div style="font-size:4pt;margin-top:0pt;margin-bottom:0pt"> </div> <table cellpadding="0" cellspacing="0" style="text-align:start; BORDER-COLLAPSE:COLLAPSE; font-family:ARIAL; font-size:7pt;border-spacing:0;width:100%"> <tr style="page-break-inside:avoid"> <td style="width:4%;vertical-align:top;text-align:left"><div style="color: rgb(51, 51, 51); letter-spacing: 0px; top: 0px;display:inline;">(5)</div></td> <td style="vertical-align:top;text-align:left"><div style="margin-top: 0pt; margin-bottom: 0pt; font-size: 7pt; font-family: ARIAL; text-align: left; line-height: normal;"><div style="color: rgb(51, 51, 51); letter-spacing: 0px; top: 0px;display:inline;">The dollar amounts reported in column (f) represent our cumulative total shareholder return (TSR). Cumulative TSR is calculated by dividing the sum of the cumulative amount of dividends for the measurement period, assuming dividend reinvestment, and the difference between the price per share of our common stock at the end and the beginning of the measurement period by the price per share of our common stock at the beginning of the measurement period. For this purpose, the measurement period begins at the initial public offering in May 2021. </div></div></td></tr></table><div style="font-size:4pt;margin-top:0pt;margin-bottom:0pt"> </div> <table cellpadding="0" cellspacing="0" style="text-align:start; BORDER-COLLAPSE:COLLAPSE; font-family:ARIAL; font-size:7pt;border-spacing:0;width:100%"> <tr style="page-break-inside:avoid"> <td style="width:4%;vertical-align:top;text-align:left"><div style="color: rgb(51, 51, 51); letter-spacing: 0px; top: 0px;display:inline;">(6)</div></td> <td style="vertical-align:top;text-align:left"><div style="margin-top: 0pt; margin-bottom: 0pt; font-size: 7pt; font-family: ARIAL; text-align: left; line-height: normal;"><div style="color: rgb(51, 51, 51); letter-spacing: 0px; top: 0px;display:inline;">The peer group used for purposes of column (g) is the S&amp;P 500—Information Technology index. </div></div></td></tr></table><div style="font-size:4pt;margin-top:0pt;margin-bottom:0pt"> </div> <table cellpadding="0" cellspacing="0" style="text-align:start; BORDER-COLLAPSE:COLLAPSE; font-family:ARIAL; font-size:7pt;border-spacing:0;width:100%"> <tr style="page-break-inside:avoid"> <td style="width:4%;vertical-align:top;text-align:left"><div style="color: rgb(51, 51, 51); letter-spacing: 0px; top: 0px;display:inline;">(7)</div></td> <td style="vertical-align:top;text-align:left"><div style="margin-top: 0pt; margin-bottom: 0pt; font-size: 7pt; font-family: ARIAL; text-align: left; line-height: normal;"><div style="color: rgb(51, 51, 51); letter-spacing: 0px; top: 0px;display:inline;">The dollar amounts reported represent the amount of net income (loss) reflected in our audited financial statements for the applicable year. </div></div></td></tr></table><div style="font-size:4pt;margin-top:0pt;margin-bottom:0pt"> </div> <table cellpadding="0" cellspacing="0" style="text-align:start; BORDER-COLLAPSE:COLLAPSE; font-family:ARIAL; font-size:7pt;border-spacing:0;width:100%"> <tr style="page-break-inside:avoid"> <td style="width:4%;vertical-align:top;text-align:left"><div style="color: rgb(51, 51, 51); letter-spacing: 0px; top: 0px;display:inline;">(8)</div></td> <td style="vertical-align:top;text-align:left"><div style="margin-top: 0pt; margin-bottom: 0pt; font-size: 7pt; font-family: ARIAL; text-align: left; line-height: normal;"><div style="color: rgb(51, 51, 51); letter-spacing: 0px; top: 0px;display:inline;">Our People &amp; Compensation Committee utilized Revenue Less Ancillary Services (FXN) growth rate for the year ended December 31, 2025 of 16.4%. Our Revenue Less Ancillary Services (FXN) growth rate for the year ended December 31, 2024 was 24%. Although we use numerous financial and <div style="white-space:nowrap;display:inline;">non-financial</div> performance measures for the purpose of evaluating performance for our compensation programs, we have determined that Revenue Less Ancillary Services (FXN) growth rate is the financial performance measure that, in our assessment, represents the most important performance measure (that is not otherwise required to be disclosed in the table) used by us to link compensation actually paid to our NEOs, for the most recently completed fiscal year, to our performance. </div></div></td></tr></table> 8803495 7079293 3857829 3059934 59 234 13500000 16 9998817 6452629 5129615 3130182 86 190 2900000 24 8674650 8251940 3721039 3521333 96 140 -8600000 43 7070674 -4643996 3133530 -1252929 102 89 -39300000 55 4768798 40706656 2685819 21188572 159 126 -28100000 54 Mr. Massaro Mr. Massaro Mr. Massaro Mr. Massaro Mr. Massaro <table cellpadding="0" cellspacing="0" style="text-align:start; BORDER-COLLAPSE:COLLAPSE; font-family:ARIAL; font-size:7pt;border-spacing:0;width:100%"> <tr style="page-break-inside:avoid"> <td style="width:4%;vertical-align:top;text-align:left"><div style="color: rgb(51, 51, 51); letter-spacing: 0px; top: 0px;display:inline;">(2)</div></td> <td style="vertical-align:top;text-align:left"><div style="margin-top: 0pt; margin-bottom: 0pt; font-size: 7pt; font-family: ARIAL; text-align: left; line-height: normal;"><div style="color: rgb(51, 51, 51); letter-spacing: 0px; top: 0px;display:inline;">The dollar amounts reported in column (c) represent the amount of compensation actually paid to Mr. Massaro, as computed in accordance with Item 402(v) of Regulation <div style="white-space:nowrap;display:inline;">S-K.</div> The dollar amounts do not reflect the actual amount of compensation earned by or paid to Mr. Massaro during the applicable year. In accordance with the requirements of Item 402(v) of Regulation <div style="white-space:nowrap;display:inline;">S-K,</div> the following adjustments were made to Mr. Massaro’s total compensation for each year to determine the compensation actually paid: </div></div></td></tr></table><div style="font-size:18pt;margin-top:0pt;margin-bottom:0pt"> </div><div> <table cellpadding="0" cellspacing="0" style="text-align:start; BORDER-COLLAPSE:COLLAPSE; font-family:ARIAL; font-size:7pt;width:96%;border-spacing:0;margin-left:auto"> <tr> <td style="width:26%"></td> <td style="vertical-align:bottom;width:11%"></td> <td></td> <td></td> <td></td> <td style="vertical-align:bottom;width:11%"></td> <td></td> <td></td> <td></td> <td style="vertical-align:bottom;width:11%"></td> <td></td> <td></td> <td></td> <td style="vertical-align:bottom;width:11%"></td> <td></td> <td></td> <td></td></tr> <tr style="page-break-inside:avoid ; font-family:ARIAL; font-size:7pt"> <td style="padding-bottom:6pt ;vertical-align:bottom;white-space:nowrap"><div style="letter-spacing: 0px; top: 0px;display:inline;"><div style="font-weight:bolder;display:inline;"> YEAR</div></div></td> <td style="vertical-align:bottom">  </td> <td colspan="2" style="padding-bottom:6pt ;vertical-align:bottom;white-space:nowrap;text-align:right"><div style="letter-spacing: 0px; top: 0px;display:inline;"><div style="font-weight:bolder;display:inline;">REPORTED<br/> SUMMARY<br/> COMPENSATION<br/> TABLE TOTAL<br/> FOR PEO</div></div></td> <td style="vertical-align:bottom"> </td> <td style="vertical-align:bottom">  </td> <td colspan="2" style="padding-bottom:6pt ;vertical-align:bottom;white-space:nowrap;text-align:right"><div style="margin-top: 0pt; margin-bottom: 0pt; font-size: 7pt; font-family: ARIAL; font-weight: bold; text-align: right; line-height: normal;">       REPORTED<br/> VALUE OF</div><div style="margin-top: 0pt; margin-bottom: 0pt; font-size: 7pt; font-family: ARIAL; font-weight: bold; text-align: right; line-height: normal;">EQUITY</div><div style="margin-top: 0pt; margin-bottom: 1pt; font-size: 7pt; font-family: ARIAL; font-weight: bold; text-align: right; line-height: normal;">AWARDS<div style="font-size:75%; vertical-align:top;display:inline;font-size:5.8px">(a)</div></div></td> <td style="vertical-align:bottom"> </td> <td style="vertical-align:bottom">  </td> <td colspan="2" style="padding-bottom:6pt ;vertical-align:bottom;white-space:nowrap;text-align:right"><div style="margin-top: 0pt; margin-bottom: 0pt; font-size: 7pt; font-family: ARIAL; font-weight: bold; text-align: right; line-height: normal;">EQUITY</div><div style="margin-top: 0pt; margin-bottom: 1pt; font-size: 7pt; font-family: ARIAL; font-weight: bold; text-align: right; line-height: normal;">AWARD<br/>        ADJUSTMENTS<div style="font-size:75%; vertical-align:top;display:inline;font-size:5.8px">(b)</div></div></td> <td style="vertical-align:bottom"> </td> <td style="vertical-align:bottom">  </td> <td colspan="2" style="padding-bottom:6pt ;vertical-align:bottom;white-space:nowrap;text-align:right"><div style="margin-top: 0pt; margin-bottom: 0pt; font-size: 7pt; font-family: ARIAL; font-weight: bold; text-align: right; line-height: normal;">       COMPENSATION<br/> ACTUALLY</div><div style="margin-top: 0pt; margin-bottom: 1pt; font-size: 7pt; font-family: ARIAL; font-weight: bold; text-align: right; line-height: normal;">PAID TO PEO</div></td> <td style="vertical-align:bottom"> </td></tr> <tr style="font-size:1pt;background-color:#e8f4ff"> <td style="height:3pt"></td> <td colspan="4" style="height:3pt"></td> <td colspan="4" style="height:3pt"></td> <td colspan="4" style="height:3pt"></td> <td colspan="4" style="height:3pt"></td></tr> <tr style="page-break-inside:avoid ; font-family:ARIAL; font-size:8pt;background-color:#e8f4ff"> <td style="padding-bottom:6pt ;vertical-align:top"><div style="margin-top: 0pt; margin-bottom: 0pt; margin-left: 1.5em; text-indent: -1em; font-size: 8pt; font-family: ARIAL; line-height: normal;"><div style="color: rgb(35, 147, 255); letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">2025</div></div></div></div></td> <td style="vertical-align:bottom">  </td> <td style="padding-bottom:6pt ;white-space:nowrap;vertical-align:bottom">$</td> <td style="padding-bottom:6pt ;white-space:nowrap;vertical-align:bottom;text-align:right">8,803,495</td> <td style="padding-bottom:6pt ;white-space:nowrap;vertical-align:bottom"> </td> <td style="vertical-align:bottom">  </td> <td style="padding-bottom:6pt ;vertical-align:bottom"> </td> <td style="padding-bottom:6pt ;vertical-align:bottom;text-align:right">($7,732,055)</td> <td style="padding-bottom:6pt ;white-space:nowrap;vertical-align:bottom"> </td> <td style="vertical-align:bottom">  </td> <td style="padding-bottom:6pt ;white-space:nowrap;vertical-align:bottom">$</td> <td style="padding-bottom:6pt ;white-space:nowrap;vertical-align:bottom;text-align:right">6,007,853</td> <td style="padding-bottom:6pt ;white-space:nowrap;vertical-align:bottom"> </td> <td style="vertical-align:bottom">  </td> <td style="padding-bottom:6pt ;white-space:nowrap;vertical-align:bottom">$</td> <td style="padding-bottom:6pt ;white-space:nowrap;vertical-align:bottom;text-align:right">7,079,293</td> <td style="padding-bottom:6pt ;white-space:nowrap;vertical-align:bottom"> </td></tr></table></div><div style="font-size:10pt;margin-top:0pt;margin-bottom:0pt"> </div> <table cellpadding="0" cellspacing="0" style="text-align:start; BORDER-COLLAPSE:COLLAPSE; font-family:ARIAL; font-size:7pt;border-spacing:0;width:100%"> <tr style="page-break-inside:avoid"> <td style="width:4%"> </td> <td style="width:4%;vertical-align:top;text-align:left"><div style="color: rgb(51, 51, 51); letter-spacing: 0px; top: 0px;display:inline;">(a)</div></td> <td style="vertical-align:top;text-align:left"><div style="margin-top: 0pt; margin-bottom: 0pt; font-size: 7pt; font-family: ARIAL; text-align: left; line-height: normal;"><div style="color: rgb(51, 51, 51); letter-spacing: 0px; top: 0px;display:inline;">The grant date fair value of equity awards represents the total of the amounts reported in the Stock Awards and Option Awards columns in the Summary Compensation Table for the applicable year. </div></div></td></tr></table><div style="font-size:10pt;margin-top:0pt;margin-bottom:0pt"> </div> <table cellpadding="0" cellspacing="0" style="text-align:start; BORDER-COLLAPSE:COLLAPSE; font-family:ARIAL; font-size:7pt;border-spacing:0;width:100%"> <tr style="page-break-inside:avoid"> <td style="width:4%"> </td> <td style="width:4%;vertical-align:top;text-align:left"><div style="color: rgb(51, 51, 51); letter-spacing: 0px; top: 0px;display:inline;">(b)</div></td> <td style="vertical-align:top;text-align:left"><div style="margin-top: 0pt; margin-bottom: 0pt; font-size: 7pt; font-family: ARIAL; text-align: left; line-height: normal;"><div style="color: rgb(51, 51, 51); letter-spacing: 0px; top: 0px;display:inline;">The equity award adjustments for each applicable year include the addition (or subtraction, as applicable) of the following: (i) the <div style="white-space:nowrap;display:inline;">year-end</div> fair value of any equity awards granted in the applicable year that are outstanding and unvested as of the end of the year; (ii) the amount of change as of the end of the applicable year (from the end of the prior fiscal year) in fair value of any awards granted in prior years that are outstanding and unvested as of the end of the applicable year; (iii) for awards that are granted and vest in same applicable year, the fair value as of the vesting date; (iv) for awards granted in prior years that vest in the applicable year, the amount equal to the change as of the vesting date (from the end of the prior fiscal year) in fair value; (v) for awards granted in prior years that are determined to fail to meet the applicable vesting conditions during the applicable year, a deduction for the amount equal to the fair value at the end of the prior fiscal year; and (vi) the dollar value of any dividends or other earnings paid on stock or option awards in the applicable year prior to the vesting date that are not otherwise reflected in the fair value of such award or included in any other component of total compensation for the applicable year. The valuation methodology used to calculate fair values did not materially differ from those disclosed at the time of grant and include current economic assumptions as of the applicable valuation dates. The amounts deducted or added in calculating the equity award adjustments are as follows: </div></div></td></tr></table><div style="margin-top:0pt;margin-bottom:0pt ; font-size:8pt"> </div><div style="margin-top:0pt; margin-bottom:0pt; font-size:7pt; font-family:ARIAL;text-align:center"><div style="letter-spacing: 0px; top: 0px;display:inline;"><div style="font-weight:bolder;display:inline;"></div></div> </div><div></div> <table cellpadding="0" cellspacing="0" style="text-align:start; BORDER-COLLAPSE:COLLAPSE; font-family:ARIAL; font-size:7pt;width:96%;border-spacing:0;margin-left:auto"> <tr> <td style="width:14%"></td> <td style="vertical-align:bottom;width:3%"></td> <td></td> <td></td> <td style="vertical-align:bottom;width:3%"></td> <td style="vertical-align:bottom;width:3%"></td> <td></td> <td></td> <td style="vertical-align:bottom;width:3%"></td> <td style="vertical-align:bottom;width:3%"></td> <td></td> <td></td> <td style="vertical-align:bottom;width:3%"></td> <td style="vertical-align:bottom;width:3%"></td> <td></td> <td></td> <td style="vertical-align:bottom;width:3%"></td> <td style="vertical-align:bottom;width:3%"></td> <td></td> <td></td> <td style="vertical-align:bottom;width:3%"></td> <td style="vertical-align:bottom;width:3%"></td> <td></td> <td></td> <td style="vertical-align:bottom;width:3%"></td> <td style="vertical-align:bottom;width:3%"></td> <td></td> <td></td> <td style="vertical-align:bottom;width:3%"></td></tr> <tr style="page-break-inside:avoid ; font-family:ARIAL; font-size:7pt"> <td style="padding-bottom:6pt ;vertical-align:bottom"><div style="letter-spacing: 0px; top: 0px;display:inline;"><div style="font-weight:bolder;display:inline;"> YEAR</div></div></td> <td style="vertical-align:bottom"> </td> <td colspan="2" style="padding-bottom:6pt ;vertical-align:bottom;text-align:right"><div style="letter-spacing: 0px; top: 0px;display:inline;"><div style="font-weight:bolder;display:inline;">YEAR END<br/> FAIR VALUE OF<br/> UNVESTED<br/> EQUITY<br/> AWARDS<br/> GRANTED IN<br/> THE YEAR</div></div></td> <td style="vertical-align:bottom"> </td> <td style="vertical-align:bottom"> </td> <td colspan="2" style="padding-bottom:6pt ;vertical-align:bottom;text-align:right"><div style="margin-top: 0pt; margin-bottom: 0pt; font-size: 7pt; font-family: ARIAL; font-weight: bold; text-align: right; line-height: normal;">YEAR OVER YEAR<br/> CHANGE IN FAIR<br/> VALUE OF<br/> OUTSTANDING AND<br/> UNVESTED EQUITY<br/> AWARDS</div><div style="margin-top: 0pt; margin-bottom: 1pt; font-size: 7pt; font-family: ARIAL; font-weight: bold; text-align: right; line-height: normal;">GRANTED IN<br/> PRIOR YEARS</div></td> <td style="vertical-align:bottom"> </td> <td style="vertical-align:bottom"> </td> <td colspan="2" style="padding-bottom:6pt ;vertical-align:bottom;text-align:right"><div style="letter-spacing: 0px; top: 0px;display:inline;"><div style="font-weight:bolder;display:inline;">FAIR VALUE AS OF<br/> VESTING DATE OF<br/> EQUITY AWARDS<br/> GRANTED AND<br/> VESTED IN THE<br/> YEAR</div></div></td> <td style="vertical-align:bottom"> </td> <td style="vertical-align:bottom"> </td> <td colspan="2" style="padding-bottom:6pt ;vertical-align:bottom;text-align:right"><div style="letter-spacing: 0px; top: 0px;display:inline;"><div style="font-weight:bolder;display:inline;">YEAR OVER<br/> YEAR CHANGE<br/> IN FAIR VALUE<br/> OF EQUITY<br/> AWARDS<br/> GRANTED IN<br/> PRIOR YEARS<br/> THAT VESTED IN<br/> THE YEAR</div></div></td> <td style="vertical-align:bottom"> </td> <td style="vertical-align:bottom"> </td> <td colspan="2" style="padding-bottom:6pt ;vertical-align:bottom;text-align:right"><div style="letter-spacing: 0px; top: 0px;display:inline;"><div style="font-weight:bolder;display:inline;">FAIR VALUE AT<br/> THE END OF THE<br/> PRIOR YEAR OF<br/> EQUITY AWARDS<br/> THAT FAILED TO<br/> MEET VESTING<br/> CONDITIONS IN<br/> THE YEAR</div></div></td> <td style="vertical-align:bottom"> </td> <td style="vertical-align:bottom"> </td> <td colspan="2" style="padding-bottom:6pt ;vertical-align:bottom;text-align:right"><div style="letter-spacing: 0px; top: 0px;display:inline;"><div style="font-weight:bolder;display:inline;">VALUE OF<br/> DIVIDENDS OR<br/> OTHER EARNINGS<br/> PAID ON STOCK OR<br/> OPTION AWARDS<br/> NOT OTHERWISE<br/> REFLECTED IN FAIR<br/> VALUE OR TOTAL<br/> COMPENSATION</div></div></td> <td style="vertical-align:bottom"> </td> <td style="vertical-align:bottom"> </td> <td colspan="2" style="padding-bottom:6pt ;vertical-align:bottom;text-align:right"><div style="letter-spacing: 0px; top: 0px;display:inline;"><div style="font-weight:bolder;display:inline;">TOTAL EQUITY<br/> AWARD<br/> ADJUSTMENTS</div></div></td> <td style="vertical-align:bottom"> </td></tr> <tr style="font-size:1pt;background-color:#e8f4ff"> <td style="height:3pt"></td> <td colspan="4" style="height:3pt"></td> <td colspan="4" style="height:3pt"></td> <td colspan="4" style="height:3pt"></td> <td colspan="4" style="height:3pt"></td> <td colspan="4" style="height:3pt"></td> <td colspan="4" style="height:3pt"></td> <td colspan="4" style="height:3pt"></td></tr> <tr style="page-break-inside:avoid ; font-family:ARIAL; font-size:7pt;background-color:#e8f4ff"> <td style="padding-bottom:6pt ;BORDER-BOTTOM:0.75pt solid #2393ff;vertical-align:top"><div style="margin-top: 0pt; margin-bottom: 0pt; margin-left: 1.5em; text-indent: -1em; font-size: 7pt; font-family: ARIAL; line-height: normal;"><div style="color: rgb(35, 147, 255); letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">2025</div></div></div></div></td> <td style=" BORDER-BOTTOM:0.75pt solid #2393ff;vertical-align:bottom"> </td> <td style="padding-bottom:6pt ;BORDER-BOTTOM:0.75pt solid #2393ff;white-space:nowrap;vertical-align:bottom"> </td> <td style="padding-bottom:6pt ;BORDER-BOTTOM:0.75pt solid #2393ff;white-space:nowrap;vertical-align:bottom;text-align:right">$10,840,188</td> <td style="padding-bottom:6pt ;BORDER-BOTTOM:0.75pt solid #2393ff;white-space:nowrap;vertical-align:bottom"> </td> <td style=" BORDER-BOTTOM:0.75pt solid #2393ff;vertical-align:bottom"> </td> <td style="padding-bottom:6pt ;BORDER-BOTTOM:0.75pt solid #2393ff;white-space:nowrap;vertical-align:bottom"> </td> <td style="padding-bottom:6pt ;BORDER-BOTTOM:0.75pt solid #2393ff;white-space:nowrap;vertical-align:bottom;text-align:right">($1,947,615)</td> <td style="padding-bottom:6pt ;BORDER-BOTTOM:0.75pt solid #2393ff;white-space:nowrap;vertical-align:bottom"> </td> <td style=" BORDER-BOTTOM:0.75pt solid #2393ff;vertical-align:bottom"> </td> <td style="padding-bottom:6pt ;BORDER-BOTTOM:0.75pt solid #2393ff;white-space:nowrap;vertical-align:bottom"> </td> <td style="padding-bottom:6pt ;BORDER-BOTTOM:0.75pt solid #2393ff;white-space:nowrap;vertical-align:bottom;text-align:right">$0</td> <td style="padding-bottom:6pt ;BORDER-BOTTOM:0.75pt solid #2393ff;white-space:nowrap;vertical-align:bottom"> </td> <td style=" BORDER-BOTTOM:0.75pt solid #2393ff;vertical-align:bottom"> </td> <td style="padding-bottom:6pt ;BORDER-BOTTOM:0.75pt solid #2393ff;white-space:nowrap;vertical-align:bottom"> </td> <td style="padding-bottom:6pt ;BORDER-BOTTOM:0.75pt solid #2393ff;white-space:nowrap;vertical-align:bottom;text-align:right">($2,884,720)</td> <td style="padding-bottom:6pt ;BORDER-BOTTOM:0.75pt solid #2393ff;white-space:nowrap;vertical-align:bottom"> </td> <td style=" BORDER-BOTTOM:0.75pt solid #2393ff;vertical-align:bottom"> </td> <td style="padding-bottom:6pt ;BORDER-BOTTOM:0.75pt solid #2393ff;white-space:nowrap;vertical-align:bottom"> </td> <td style="padding-bottom:6pt ;BORDER-BOTTOM:0.75pt solid #2393ff;white-space:nowrap;vertical-align:bottom;text-align:right">$0</td> <td style="padding-bottom:6pt ;BORDER-BOTTOM:0.75pt solid #2393ff;white-space:nowrap;vertical-align:bottom"> </td> <td style=" BORDER-BOTTOM:0.75pt solid #2393ff;vertical-align:bottom"> </td> <td style="padding-bottom:6pt ;BORDER-BOTTOM:0.75pt solid #2393ff;white-space:nowrap;vertical-align:bottom"> </td> <td style="padding-bottom:6pt ;BORDER-BOTTOM:0.75pt solid #2393ff;white-space:nowrap;vertical-align:bottom;text-align:right">$0</td> <td style="padding-bottom:6pt ;BORDER-BOTTOM:0.75pt solid #2393ff;white-space:nowrap;vertical-align:bottom"> </td> <td style=" BORDER-BOTTOM:0.75pt solid #2393ff;vertical-align:bottom"> </td> <td style="padding-bottom:6pt ;BORDER-BOTTOM:0.75pt solid #2393ff;white-space:nowrap;vertical-align:bottom"> </td> <td style="padding-bottom:6pt ;BORDER-BOTTOM:0.75pt solid #2393ff;white-space:nowrap;vertical-align:bottom;text-align:right">$6,007,853</td> <td style="padding-bottom:6pt ;BORDER-BOTTOM:0.75pt solid #2393ff;white-space:nowrap;vertical-align:bottom"> </td></tr></table> 8803495 -7732055 6007853 7079293 10840188 -1947615 0 -2884720 0 0 6007853 <table cellpadding="0" cellspacing="0" style="text-align:start; BORDER-COLLAPSE:COLLAPSE; font-family:ARIAL; font-size:7pt;border-spacing:0;width:100%"> <tr style="page-break-inside:avoid"> <td style="width:4%;vertical-align:top;text-align:left"><div style="color: rgb(51, 51, 51); letter-spacing: 0px; top: 0px;display:inline;">(3)</div></td> <td style="vertical-align:top;text-align:left"><div style="margin-top: 0pt; margin-bottom: 0pt; font-size: 7pt; font-family: ARIAL; text-align: left; line-height: normal;"><div style="color: rgb(51, 51, 51); letter-spacing: 0px; top: 0px;display:inline;">The dollar <div style="display:inline;">amounts </div>reported in column (d) represent the average of the amounts reported for our NEOs as a group (excluding Mr. Massaro, who has served as our CEO since 2013) in the Total column of the Summary Compensation Table in each applicable year. The names of each of the NEOs (excluding Mr. Massaro) included for purposes of calculating the average amounts in each applicable year are as follows: (i) for 2025, Robert Orgel, Peter Butterfield, David King, and Cosmin Pitigoi, (ii) for 2024, Robert Orgel, Michael Ellis, Peter Butterfield, David King, and Cosmin Pitigoi, (iii) for 2023, Robert Orgel, Michael Ellis, Peter Butterfield and David King, (iv) for 2022, Robert Orgel, Michael Ellis, Sharon Butler and David King; and (v) for 2021, Robert Orgel and Michael Ellis. </div></div></td></tr></table> <table cellpadding="0" cellspacing="0" style="text-align:start; BORDER-COLLAPSE:COLLAPSE; font-family:ARIAL; font-size:7pt;border-spacing:0;width:100%"> <tr style="page-break-inside:avoid"> <td style="width:4%;vertical-align:top;text-align:left"><div style="color: rgb(51, 51, 51); letter-spacing: 0px; top: 0px;display:inline;">(4)</div></td> <td style="vertical-align:top;text-align:left"><div style="margin-top: 0pt; margin-bottom: 0pt; font-size: 7pt; font-family: ARIAL; text-align: left; line-height: normal;"><div style="color: rgb(51, 51, 51); letter-spacing: 0px; top: 0px;display:inline;">The dollar amounts reported in column (e) represent the average amount of compensation actually paid to the NEOs as a group (excluding Mr. Massaro), as computed in accordance with Item 402(v) of Regulation <div style="white-space:nowrap;display:inline;">S-K.</div> The dollar amounts do not reflect the actual average amount of compensation earned by or paid to the NEOs as a group (excluding Mr. Massaro) during the applicable year. In accordance with the requirements of Item 402(v) of Regulation <div style="white-space:nowrap;display:inline;">S-K,</div> the following adjustments were made to average total compensation for the NEOs as a group (excluding Mr. Massaro) for each year to determine the compensation actually paid, using the same methodology described above in Footnote (2) above: </div></div></td></tr></table><div style="font-size:14pt;margin-top:0pt;margin-bottom:0pt"> </div><div> <table cellpadding="0" cellspacing="0" style="text-align:start; BORDER-COLLAPSE:COLLAPSE; font-family:ARIAL; font-size:7pt;width:96%;border-spacing:0;margin-left:auto"> <tr> <td style="width:36%"></td> <td style="vertical-align:bottom;width:9%"></td> <td></td> <td></td> <td></td> <td style="vertical-align:bottom;width:9%"></td> <td></td> <td></td> <td></td> <td style="vertical-align:bottom;width:9%"></td> <td></td> <td></td> <td></td> <td style="vertical-align:bottom;width:6%"></td> <td></td> <td></td> <td style="vertical-align:bottom;width:3%"></td></tr> <tr style="page-break-inside:avoid ; font-family:ARIAL; font-size:7pt"> <td style="padding-bottom:6pt ;vertical-align:bottom"><div style="letter-spacing: 0px; top: 0px;display:inline;"><div style="font-weight:bolder;display:inline;"> YEAR</div></div></td> <td style="vertical-align:bottom">  </td> <td colspan="2" style="padding-bottom:6pt ;vertical-align:bottom;text-align:right"><div style="letter-spacing: 0px; top: 0px;display:inline;"><div style="font-weight:bolder;display:inline;">AVERAGE<br/> REPORTED<br/> SUMMARY<br/> COMPENSATION<br/> TABLE TOTAL<br/> FOR <div style="white-space:nowrap;display:inline;">NON-PEO</div><br/> NEOS</div></div></td> <td style="vertical-align:bottom"> </td> <td style="vertical-align:bottom">  </td> <td colspan="2" style="padding-bottom:6pt ;vertical-align:bottom;white-space:nowrap;text-align:right"><div style="margin-top: 0pt; margin-bottom: 0pt; font-size: 7pt; font-family: ARIAL; font-weight: bold; text-align: right; line-height: normal;">AVERAGE<br/>     REPORTED<br/> VALUE OF</div><div style="margin-top: 0pt; margin-bottom: 0pt; font-size: 7pt; font-family: ARIAL; font-weight: bold; text-align: right; line-height: normal;">EQUITY</div><div style="margin-top: 0pt; margin-bottom: 1pt; font-size: 7pt; font-family: ARIAL; font-weight: bold; text-align: right; line-height: normal;">AWARDS<div style="font-size:75%; vertical-align:top;display:inline;font-size:5.8px">(a)</div></div></td> <td style="vertical-align:bottom"> </td> <td style="vertical-align:bottom"> </td> <td colspan="2" style="padding-bottom:6pt ;vertical-align:bottom;white-space:nowrap;text-align:right"><div style="margin-top: 0pt; margin-bottom: 0pt; font-size: 7pt; font-family: ARIAL; font-weight: bold; text-align: right; line-height: normal;">AVERAGE</div><div style="margin-top: 0pt; margin-bottom: 1pt; font-size: 7pt; font-family: ARIAL; font-weight: bold; text-align: right; line-height: normal;">EQUITY AWARD<br/>     ADJUSTMENTS<div style="font-size:75%; vertical-align:top;display:inline;font-size:5.8px">(b)</div></div></td> <td style="vertical-align:bottom"> </td> <td style="vertical-align:bottom">  </td> <td colspan="2" style="padding-bottom:6pt ;vertical-align:bottom;white-space:nowrap;text-align:right"><div style="margin-top: 0pt; margin-bottom: 0pt; font-size: 7pt; font-family: ARIAL; font-weight: bold; text-align: right; line-height: normal;">AVERAGE<br/>     COMPENSATION<br/> ACTUALLY PAID</div><div style="margin-top: 0pt; margin-bottom: 0pt; font-size: 7pt; font-family: ARIAL; font-weight: bold; text-align: right; line-height: normal;"><div style="white-space: nowrap; letter-spacing: 0px; top: 0px;display:inline;">TO NON-PEO</div></div><div style="margin-top: 0pt; margin-bottom: 1pt; font-size: 7pt; font-family: ARIAL; font-weight: bold; text-align: right; line-height: normal;">NEOS</div></td> <td style="vertical-align:bottom"> </td></tr> <tr style="font-size:1pt;background-color:#e8f4ff"> <td style="height:3pt"></td> <td colspan="4" style="height:3pt"></td> <td colspan="4" style="height:3pt"></td> <td colspan="4" style="height:3pt"></td> <td colspan="4" style="height:3pt"></td></tr> <tr style="page-break-inside:avoid ; font-family:ARIAL; font-size:8pt;background-color:#e8f4ff"> <td style="padding-bottom:6pt ;BORDER-BOTTOM:0.75pt solid #2393ff;vertical-align:top"><div style="margin-top: 0pt; margin-bottom: 0pt; margin-left: 1.5em; text-indent: -1em; font-size: 8pt; font-family: ARIAL; line-height: normal;"><div style="color: rgb(35, 147, 255); letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">2025</div></div></div></div></td> <td style=" BORDER-BOTTOM:0.75pt solid #2393ff;vertical-align:bottom">  </td> <td style="padding-bottom:6pt ;BORDER-BOTTOM:0.75pt solid #2393ff;white-space:nowrap;vertical-align:bottom">$</td> <td style="padding-bottom:6pt ;BORDER-BOTTOM:0.75pt solid #2393ff;white-space:nowrap;vertical-align:bottom;text-align:right">3,857,829</td> <td style="padding-bottom:6pt ;BORDER-BOTTOM:0.75pt solid #2393ff;white-space:nowrap;vertical-align:bottom"> </td> <td style=" BORDER-BOTTOM:0.75pt solid #2393ff;vertical-align:bottom">  </td> <td style="padding-bottom:6pt ;BORDER-BOTTOM:0.75pt solid #2393ff;white-space:nowrap;vertical-align:bottom">($</td> <td style="padding-bottom:6pt ;BORDER-BOTTOM:0.75pt solid #2393ff;white-space:nowrap;vertical-align:bottom;text-align:right">3,201,551</td> <td style="padding-bottom:6pt ;BORDER-BOTTOM:0.75pt solid #2393ff;white-space:nowrap;vertical-align:bottom">) </td> <td style=" BORDER-BOTTOM:0.75pt solid #2393ff;vertical-align:bottom"> </td> <td style="padding-bottom:6pt ;BORDER-BOTTOM:0.75pt solid #2393ff;white-space:nowrap;vertical-align:bottom">$</td> <td style="padding-bottom:6pt ;BORDER-BOTTOM:0.75pt solid #2393ff;white-space:nowrap;vertical-align:bottom;text-align:right">2,403,656</td> <td style="padding-bottom:6pt ;BORDER-BOTTOM:0.75pt solid #2393ff;white-space:nowrap;vertical-align:bottom"> </td> <td style=" BORDER-BOTTOM:0.75pt solid #2393ff;vertical-align:bottom">  </td> <td style="padding-bottom:6pt ;BORDER-BOTTOM:0.75pt solid #2393ff;white-space:nowrap;vertical-align:bottom">$</td> <td style="padding-bottom:6pt ;BORDER-BOTTOM:0.75pt solid #2393ff;white-space:nowrap;vertical-align:bottom;text-align:right">3,059,934</td> <td style="padding-bottom:6pt ;BORDER-BOTTOM:0.75pt solid #2393ff;white-space:nowrap;vertical-align:bottom"> </td></tr></table></div><div style="font-size:6pt;margin-top:0pt;margin-bottom:0pt"> </div> <table cellpadding="0" cellspacing="0" style="text-align:start; BORDER-COLLAPSE:COLLAPSE; font-family:ARIAL; font-size:7pt;border-spacing:0;width:100%"> <tr style="page-break-inside:avoid"> <td style="width:4%"> </td> <td style="width:4%;vertical-align:top;text-align:left"><div style="color: rgb(51, 51, 51); letter-spacing: 0px; top: 0px;display:inline;">(a)</div></td> <td style="vertical-align:top;text-align:left"><div style="margin-top: 0pt; margin-bottom: 0pt; font-size: 7pt; font-family: ARIAL; text-align: left; line-height: normal;"><div style="color: rgb(51, 51, 51); letter-spacing: 0px; top: 0px;display:inline;">The grant date fair value of equity awards represents the total of the amounts reported in the Stock Awards and Option Awards columns in the Summary Compensation Table for the applicable year. </div></div></td></tr></table><div style="font-size:6pt;margin-top:0pt;margin-bottom:0pt"> </div> <table cellpadding="0" cellspacing="0" style="text-align:start; BORDER-COLLAPSE:COLLAPSE; font-family:ARIAL; font-size:7pt;border-spacing:0;width:100%"> <tr style="page-break-inside:avoid"> <td style="width:4%"> </td> <td style="width:4%;vertical-align:top;text-align:left"><div style="color: rgb(51, 51, 51); letter-spacing: 0px; top: 0px;display:inline;">(b)</div></td> <td style="vertical-align:top;text-align:left"><div style="margin-top: 0pt; margin-bottom: 0pt; font-size: 7pt; font-family: ARIAL; text-align: left; line-height: normal;"><div style="color: rgb(51, 51, 51); letter-spacing: 0px; top: 0px;display:inline;">The amounts deducted or added in calculating the total average equity award adjustments are as follows: </div></div></td></tr></table><div style="font-size:12pt;margin-top:0pt;margin-bottom:0pt"> </div> <table cellpadding="0" cellspacing="0" style="text-align:start; BORDER-COLLAPSE:COLLAPSE; font-family:ARIAL; font-size:7pt;width:96%;border-spacing:0;margin-left:auto"> <tr> <td style="width:14%"></td> <td style="vertical-align:bottom;width:3%"></td> <td></td> <td></td> <td style="vertical-align:bottom;width:4%"></td> <td style="vertical-align:bottom;width:3%"></td> <td></td> <td></td> <td style="vertical-align:bottom;width:4%"></td> <td style="vertical-align:bottom;width:3%"></td> <td></td> <td></td> <td style="vertical-align:bottom;width:4%"></td> <td style="vertical-align:bottom;width:3%"></td> <td></td> <td></td> <td style="vertical-align:bottom;width:4%"></td> <td style="vertical-align:bottom;width:3%"></td> <td></td> <td></td> <td style="vertical-align:bottom;width:4%"></td> <td style="vertical-align:bottom;width:3%"></td> <td></td> <td></td> <td style="vertical-align:bottom;width:4%"></td> <td style="vertical-align:bottom;width:3%"></td> <td></td> <td></td> <td style="vertical-align:bottom;width:4%"></td></tr> <tr style="page-break-inside:avoid ; font-family:ARIAL; font-size:7pt"> <td style="padding-bottom:6pt ;vertical-align:bottom"><div style="letter-spacing: 0px; top: 0px;display:inline;"><div style="font-weight:bolder;display:inline;"> YEAR</div></div></td> <td style="vertical-align:bottom"> </td> <td colspan="2" style="padding-bottom:6pt ;vertical-align:bottom;text-align:right"><div style="letter-spacing: 0px; top: 0px;display:inline;"><div style="font-weight:bolder;display:inline;">YEAR END FAIR<br/> VALUE OF<br/> UNVESTED<br/> EQUITY<br/> AWARDS<br/> GRANTED IN<br/> THE YEAR</div></div></td> <td style="vertical-align:bottom"> </td> <td style="vertical-align:bottom"> </td> <td colspan="2" style="padding-bottom:6pt ;vertical-align:bottom;text-align:right"><div style="margin-top: 0pt; margin-bottom: 0pt; font-size: 7pt; font-family: ARIAL; font-weight: bold; text-align: right; line-height: normal;">YEAR OVER YEAR<br/> CHANGE IN FAIR<br/> VALUE OF<br/> OUTSTANDING AND<br/> UNVESTED EQUITY<br/> AWARDS</div><div style="margin-top: 0pt; margin-bottom: 0pt; font-size: 7pt; font-family: ARIAL; font-weight: bold; text-align: right; line-height: normal;">GRANTED IN</div><div style="margin-top: 0pt; margin-bottom: 1pt; font-size: 7pt; font-family: ARIAL; font-weight: bold; text-align: right; line-height: normal;">PRIOR YEARS</div></td> <td style="vertical-align:bottom"> </td> <td style="vertical-align:bottom"> </td> <td colspan="2" style="padding-bottom:6pt ;vertical-align:bottom;text-align:right"><div style="letter-spacing: 0px; top: 0px;display:inline;"><div style="font-weight:bolder;display:inline;">FAIR VALUE AS OF<br/> VESTING DATE OF<br/> EQUITY AWARDS<br/> GRANTED AND<br/> VESTED IN THE<br/> YEAR</div></div></td> <td style="vertical-align:bottom"> </td> <td style="vertical-align:bottom"> </td> <td colspan="2" style="padding-bottom:6pt ;vertical-align:bottom;text-align:right"><div style="margin-top: 0pt; margin-bottom: 0pt; font-size: 7pt; font-family: ARIAL; font-weight: bold; text-align: right; line-height: normal;">YEAR OVER</div><div style="margin-top: 0pt; margin-bottom: 1pt; font-size: 7pt; font-family: ARIAL; font-weight: bold; text-align: right; line-height: normal;">YEAR CHANGE<br/> IN FAIR VALUE<br/> OF EQUITY<br/> AWARDS<br/> GRANTED IN<br/> PRIOR YEARS<br/> THAT VESTED<br/> IN THE YEAR</div></td> <td style="vertical-align:bottom"> </td> <td style="vertical-align:bottom"> </td> <td colspan="2" style="padding-bottom:6pt ;vertical-align:bottom;text-align:right"><div style="letter-spacing: 0px; top: 0px;display:inline;"><div style="font-weight:bolder;display:inline;">FAIR VALUE AT<br/> THE END OF THE<br/> PRIOR YEAR OF<br/> EQUITY AWARDS<br/> THAT FAILED TO<br/> MEET VESTING<br/> CONDITIONS IN<br/> THE YEAR</div></div></td> <td style="vertical-align:bottom"> </td> <td style="vertical-align:bottom"> </td> <td colspan="2" style="padding-bottom:6pt ;vertical-align:bottom;text-align:right"><div style="letter-spacing: 0px; top: 0px;display:inline;"><div style="font-weight:bolder;display:inline;">VALUE OF<br/> DIVIDENDS OR<br/> OTHER EARNINGS<br/> PAID ON STOCK OR<br/> OPTION AWARDS<br/> NOT OTHERWISE<br/> REFLECTED IN FAIR<br/> VALUE OR TOTAL<br/> COMPENSATION</div></div></td> <td style="vertical-align:bottom"> </td> <td style="vertical-align:bottom"> </td> <td colspan="2" style="padding-bottom:6pt ;vertical-align:bottom;text-align:right"><div style="letter-spacing: 0px; top: 0px;display:inline;"><div style="font-weight:bolder;display:inline;">TOTAL EQUITY<br/> AWARD<br/> ADJUSTMENTS</div></div></td> <td style="vertical-align:bottom"> </td></tr> <tr style="font-size:1pt;background-color:#e8f4ff"> <td style="height:3pt"></td> <td colspan="4" style="height:3pt"></td> <td colspan="4" style="height:3pt"></td> <td colspan="4" style="height:3pt"></td> <td colspan="4" style="height:3pt"></td> <td colspan="4" style="height:3pt"></td> <td colspan="4" style="height:3pt"></td> <td colspan="4" style="height:3pt"></td></tr> <tr style="page-break-inside:avoid ; font-family:ARIAL; font-size:8pt;background-color:#e8f4ff"> <td style="padding-bottom:6pt ;BORDER-BOTTOM:0.75pt solid #2393ff;vertical-align:top"><div style="margin-top: 0pt; margin-bottom: 0pt; margin-left: 1.5em; text-indent: -1em; font-size: 8pt; font-family: ARIAL; line-height: normal;"><div style="color: rgb(35, 147, 255); letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">2025</div></div></div></div></td> <td style=" BORDER-BOTTOM:0.75pt solid #2393ff;vertical-align:bottom"> </td> <td style="padding-bottom:6pt ;BORDER-BOTTOM:0.75pt solid #2393ff;white-space:nowrap;vertical-align:bottom">$</td> <td style="padding-bottom:6pt ;BORDER-BOTTOM:0.75pt solid #2393ff;white-space:nowrap;vertical-align:bottom;text-align:right">4,488,511</td> <td style="padding-bottom:6pt ;BORDER-BOTTOM:0.75pt solid #2393ff;white-space:nowrap;vertical-align:bottom"> </td> <td style=" BORDER-BOTTOM:0.75pt solid #2393ff;vertical-align:bottom"> </td> <td style="padding-bottom:6pt ;BORDER-BOTTOM:0.75pt solid #2393ff;white-space:nowrap;vertical-align:bottom">($</td> <td style="padding-bottom:6pt ;BORDER-BOTTOM:0.75pt solid #2393ff;white-space:nowrap;vertical-align:bottom;text-align:right">861,121</td> <td style="padding-bottom:6pt ;BORDER-BOTTOM:0.75pt solid #2393ff;white-space:nowrap;vertical-align:bottom">) </td> <td style=" BORDER-BOTTOM:0.75pt solid #2393ff;vertical-align:bottom"> </td> <td style="padding-bottom:6pt ;BORDER-BOTTOM:0.75pt solid #2393ff;white-space:nowrap;vertical-align:bottom">$</td> <td style="padding-bottom:6pt ;BORDER-BOTTOM:0.75pt solid #2393ff;white-space:nowrap;vertical-align:bottom;text-align:right">0</td> <td style="padding-bottom:6pt ;BORDER-BOTTOM:0.75pt solid #2393ff;white-space:nowrap;vertical-align:bottom"> </td> <td style=" BORDER-BOTTOM:0.75pt solid #2393ff;vertical-align:bottom"> </td> <td style="padding-bottom:6pt ;BORDER-BOTTOM:0.75pt solid #2393ff;white-space:nowrap;vertical-align:bottom">($</td> <td style="padding-bottom:6pt ;BORDER-BOTTOM:0.75pt solid #2393ff;white-space:nowrap;vertical-align:bottom;text-align:right">1,223,734</td> <td style="padding-bottom:6pt ;BORDER-BOTTOM:0.75pt solid #2393ff;white-space:nowrap;vertical-align:bottom">) </td> <td style=" BORDER-BOTTOM:0.75pt solid #2393ff;vertical-align:bottom"> </td> <td style="padding-bottom:6pt ;BORDER-BOTTOM:0.75pt solid #2393ff;white-space:nowrap;vertical-align:bottom">$</td> <td style="padding-bottom:6pt ;BORDER-BOTTOM:0.75pt solid #2393ff;white-space:nowrap;vertical-align:bottom;text-align:right">0</td> <td style="padding-bottom:6pt ;BORDER-BOTTOM:0.75pt solid #2393ff;white-space:nowrap;vertical-align:bottom"> </td> <td style=" BORDER-BOTTOM:0.75pt solid #2393ff;vertical-align:bottom"> </td> <td style="padding-bottom:6pt ;BORDER-BOTTOM:0.75pt solid #2393ff;white-space:nowrap;vertical-align:bottom">$</td> <td style="padding-bottom:6pt ;BORDER-BOTTOM:0.75pt solid #2393ff;white-space:nowrap;vertical-align:bottom;text-align:right">0</td> <td style="padding-bottom:6pt ;BORDER-BOTTOM:0.75pt solid #2393ff;white-space:nowrap;vertical-align:bottom"> </td> <td style=" BORDER-BOTTOM:0.75pt solid #2393ff;vertical-align:bottom"> </td> <td style="padding-bottom:6pt ;BORDER-BOTTOM:0.75pt solid #2393ff;white-space:nowrap;vertical-align:bottom">$</td> <td style="padding-bottom:6pt ;BORDER-BOTTOM:0.75pt solid #2393ff;white-space:nowrap;vertical-align:bottom;text-align:right">2,403,656</td> <td style="padding-bottom:6pt ;BORDER-BOTTOM:0.75pt solid #2393ff;white-space:nowrap;vertical-align:bottom"> </td></tr></table> 3857829 -3201551 2403656 3059934 4488511 -861121 0 -1223734 0 0 2403656 The peer group used for purposes of column (g) is the S&amp;P 500—Information Technology index. Revenue Less Ancillary Services (FXN) growth rate <div style="margin-top:0pt; margin-bottom:0pt; font-size:9pt; font-family:ARIAL">FINANCIAL PERFORMANCE MEASURES </div><div style="margin-top:10pt; margin-bottom:0pt; font-size:9pt; font-family:ARIAL">As described in greater detail in the section “Executive Compensation – Compensation Discussion and Analysis” above, our executive compensation program reflects a pay for performance philosophy. Annual performance-based cash bonuses are tied primarily to achievement of corporate short-term financial goals and, for certain executives, individual performance. Long term incentive awards deliver value based on the performance of our common stock. The most important financial performance measures used by us to link executive compensation actually paid to our NEOs, for the most recently completed fiscal year, to our performance are as follows: </div><div style="font-size:10pt;margin-top:0pt;margin-bottom:0pt"> </div> <table cellpadding="0" cellspacing="0" style="text-align:start; BORDER-COLLAPSE:COLLAPSE; font-family:ARIAL; font-size:9pt;border-spacing:0;width:100%"> <tr style="page-break-inside:avoid"> <td style="width:6%"> </td> <td style="width:3%;vertical-align:top;text-align:left">•</td> <td style="width:1%;vertical-align:top"> </td> <td style="vertical-align:top;text-align:left"><div style="margin-top: 0pt; margin-bottom: 0pt; font-family: ARIAL; font-size: 9pt; text-align: left; line-height: normal;">Revenue Less Ancillary Services (FXN) growth rate; and </div></td></tr></table><div style="font-size:10pt;margin-top:0pt;margin-bottom:0pt"> </div> <table cellpadding="0" cellspacing="0" style="text-align:start; BORDER-COLLAPSE:COLLAPSE; font-family:ARIAL; font-size:9pt;border-spacing:0;width:100%"> <tr style="page-break-inside:avoid"> <td style="width:6%"> </td> <td style="width:3%;vertical-align:top;text-align:left">•</td> <td style="width:1%;vertical-align:top"> </td> <td style="vertical-align:top;text-align:left"><div style="margin-top: 0pt; margin-bottom: 0pt; font-family: ARIAL; font-size: 9pt; text-align: left; line-height: normal;">Adjusted EBITDA margin. </div></td></tr></table> Revenue Less Ancillary Services (FXN) growth rate Adjusted EBITDA margin. <div style="margin-top:10pt; margin-bottom:0pt; font-size:9pt; font-family:ARIAL">COMPENSATION ACTUALLY PAID AND CUMULATIVE TSR </div><div style="margin-top:10pt; margin-bottom:0pt; font-size:9pt; font-family:ARIAL">As demonstrated by the following graph, the amount of compensation actually paid (CAP) to Mr. Massaro and the average amount of compensation actually paid to our NEOs as a group (excluding Mr. Massaro) is aligned with our cumulative TSR over the five years presented in the table. The alignment of compensation actually paid with our cumulative TSR over the period presented is because a significant portion of the compensation actually paid to Mr. Massaro and to the other NEOs is comprised of equity awards. As described in more detail in the section “Executive Compensation – Compensation Discussion and Analysis” above, in Fiscal 2025, we granted an average of over 80% of our NEOs’ target direct compensation as equity-based compensation in the form of RSUs. </div><div style="font-size:14pt;margin-top:0pt;margin-bottom:0pt"> </div><div style="font-size:0pt;margin-top:0pt;margin-bottom:0pt"> </div><div style="margin-top:0pt;margin-bottom:0pt;text-align:center"></div><div style="margin-top:0pt;margin-bottom:0pt;text-align:center"> <img alt="LOGO" src="g948087g00g50.jpg" style="width:5.50906in;height:3.00906in"/> </div><div style="margin-top:0pt;margin-bottom:0pt ; font-size:8pt"> </div> <div style="margin-top:0pt; margin-bottom:0pt; font-size:9pt; font-family:ARIAL">COMPENSATION ACTUALLY PAID AND NET INCOME (LOSS) </div><div style="margin-top:10pt; margin-bottom:0pt; font-size:9pt; font-family:ARIAL">As demonstrated by the following table, the amount of compensation actually paid (CAP) to Mr. Massaro and the average amount of compensation actually paid to our NEOs as a group (excluding Mr. Massaro) is generally aligned with our net income (loss) over the five years presented in the table. Due to the emphasis we place on equity compensation, stock return is the primary driver of CAP for the five years shown in the chart. Equity compensation is sensitive to stock prices. </div><div style="font-size:14pt;margin-top:0pt;margin-bottom:0pt"> </div><div style="font-size:0pt;margin-top:0pt;margin-bottom:0pt"> </div><div style="margin-top:0pt;margin-bottom:0pt;text-align:center"></div><div style="margin-top:0pt;margin-bottom:0pt;text-align:center"> <img alt="LOGO" src="g948087g00g51.jpg" style="width:5.50914in;height:3.00914in"/> </div> <div style="margin-top:10pt; margin-bottom:0pt; font-size:9pt; font-family:ARIAL">COMPENSATION ACTUALLY PAID AND REVENUE LESS ANCILLARY SERVICES (FXN) GROWTH RATE </div><div style="margin-top:10pt; margin-bottom:0pt; font-size:9pt; font-family:ARIAL">As demonstrated by the following graph, the amount of compensation actually paid to Mr. Massaro and the average amount of compensation actually paid to our NEOs as a group (excluding Mr. Massaro) is not aligned with our Revenue Less Ancillary Services (FXN) growth rate, as modified by our People &amp; Compensation Committee, over the five years presented in the table. This is largely due to the emphasis we place on equity compensation, which is sensitive to stock price changes. </div><div style="font-size:14pt;margin-top:0pt;margin-bottom:0pt"> </div><div style="font-size:0pt;margin-top:0pt;margin-bottom:0pt"> </div><div style="margin-top:0pt;margin-bottom:0pt;text-align:center"></div><div style="margin-top:0pt;margin-bottom:0pt;text-align:center"> <img alt="LOGO" src="g948087g00g52.jpg" style="width:5.50818in;height:3.00818in"/> </div><div style="margin-top:0pt;margin-bottom:0pt ; font-size:8pt"> </div> <div style="margin-top:0pt; margin-bottom:0pt; font-size:9pt; font-family:ARIAL">OUR CUMULATIVE TSR AND CUMULATIVE TSR OF THE PEER GROUP </div><div style="margin-top:10pt; margin-bottom:0pt; font-size:9pt; font-family:ARIAL">As demonstrated by the following graph, our cumulative TSR over the five-year period presented in the table was <div style="white-space: nowrap; letter-spacing: 0px; top: 0px;display:inline;">-41.0%,</div> while the cumulative TSR of the peer group presented for this purpose, S&amp;P 500 – Information Technology Sector, was 133.7% over the five years presented in the table. Our cumulative TSR underperformed the S&amp;P 500 – Information Technology Sector during the five years presented in the table. For more information regarding our performance and the peer group of companies that our People &amp; Compensation Committee considers when determining compensation, refer to Executive Compensation – Compensation Discussion and Analysis. </div><div style="font-size:14pt;margin-top:0pt;margin-bottom:0pt"> </div><div style="font-size:0pt;margin-top:0pt;margin-bottom:0pt"> </div><div style="margin-top:0pt;margin-bottom:0pt;text-align:center"></div><div style="margin-top:0pt;margin-bottom:0pt;text-align:center"> <img alt="LOGO" src="g948087g00g53.jpg" style="width:5.46044in;height:3.54683in"/> </div><div style="margin-top:0pt;margin-bottom:0pt ; font-size:8pt"> </div>