Sunday Spotlight - How Did CEO Compensation Change Over the Past Year? A Look Across Coverage

Research evidence excerpt

Sunday Spotlight - How Did CEO Compensation Change Over the Past Year? A Look Across Coverage

June 28, 2026

Exhibits 9-10 display annual performance metrics across Financial Outsourcing & Transaction Processing, IT Services,

and Consumer Finance companies in our coverage. FIS changed its weightings to highlighting Future Forward Cash

Savings further, likely in conjunction with the TSYS acquisition and expected synergies. ACN added specific weightings

to its financial performance and strategic objectives in 2025 vs. 2024. In Consumer Finance, SYF ascribed a greater

weighting to PPNR - Charge-Offs vs. Average Receivables Growth to reflect a greater strategic emphasis on profitability

and returns.

Exhibit 9 - 2025 Short-Term CEO Compensation Incentives for FinTech, IT Services, and Consumer Finance

Annual

Annual Performance Annual Performance Annual Performance

2025 CEO Annual Performance Metric 1 Performance

Metric 2 Metric 3 Metric 4

Metric 5

Financial Outsourcing

Future Forward Cash Net Promoter Score

FIS Stephanie Ferris Adjusted Revenue (40%) Adjusted EBITDA (30%)

Savings (20%) (10%)

Adjusted Revenue for Incentive Adjusted Operating

FISV**** Michael Lyons

Compensation (50%) Income (50%)

Adjusted budget operating Group Executive

JKHY* Gregory Adelson

income (75%) Performance (25%)

IT Services

Strategic Objectives

ACN Julie Sweet Financial Performance (60%)

(40%)

Adjusted Operating Strategic Initiatives

CTSH Ravi Kumar CC Revenue Growth (55%)

Margin (35%) (10%)

Adjusted Income from

EPAM* Balazs Fejes Annual Revenue Growth (50%)

Operations (50%)

Consumer Finance

Financial and Operating Strategic Initiatives Customer Experience Colleague Experience

AXP Stephen Squeri

Performance (60%) (20%) (10%) (10%)

Financial/Business Performance Customer Experience Core Associate