PEGA · Pegasystems Inc.

Summary

On February 9, 2026, the Compensation Committee of Pegasystems Inc. approved the 2026 Section 16 Officer/ALT Member Corporate Incentive Compensation Plan for executive officers, covering January 1 to December 31, 2026, with funding based on 75% financial goals and 25% strategic goals, threshold at 70% for funding, and option for 50% of target bonus in RSUs vesting in 2027.

Key takeaways

• Compensation Committee approved 2026 Incentive Plan on February 9, 2026
• Plan applies to Section 16 Officers and ALT Members for 2026
• Corporate Goals: 75% financial, 25% strategic weighting
• No funding if achievement below 70% threshold
• Executives may elect 50% target bonus as RSUs at 85% of grant date closing stock price
• RSUs vest 100% in March 2027 if threshold funded and individual performance met
• Exhibit 10.1: 2026 Section 16 Officer Corporate Incentive Compensation Plan