BLACKBERRY Ltd
For the period ended Feb 28, 2025. Filed May 12, 2025.
View on SEC.govAbout this filing
What shareholders are asked to vote on at a company's meeting. It is where to find what directors and top executives are paid, and who owns the most shares.
Feb 28, 2025 · Filed May 12, 2025
BB$8.74+4.4%Stored close · as of Nov 6, 2026
Contents
2. Compensation Elements
- Compensation Elements
In Fiscal 2025, NEO compensation was comprised of the following elements: base salary; annual incentive; long-term incentive; retirement savings; and other compensation. The purpose of each of these elements is as follows:
| Elements | Purpose of the Compensation Elements |
|---|---|
| Base Salary (Annual Fixed) | This element provides compensation to secure day-to-day services and reflects the NEO’s role within the Company, personal performance, experience and contribution to the business, the size and stage of development of the Company and competitive benchmarks. |
| Annual Incentive (Annual Variable) | The VIP and Sales Incentive Plan (the “SIP”) are designed to motivate and reward an NEO for contribution to the achievement of the Company goals for each fiscal year. |
| Elements | Purpose of the Compensation Elements |
|---|---|
| Long-Term Incentive (Long-Term Variable) | This is the element by which NEOs receive compensation under the Company’s Equity Incentive Plan. The Equity Incentive Plan is designed to (a) advance the interests of the Company by encouraging equity participation through the acquisition of Common Shares, (b) enable the Company to attract and retain experienced and qualified executives in a highly competitive marketplace, and (c) align the interests of NEOs with the interests of shareholders by providing incentives which promote the creation and maintenance of shareholder value. |
| Retirement Savings (Long-Term) | This element is designed to assist NEOs in saving for their retirement. The NEOs are provided the same retirement savings plans and Company matching program as the Company offers other employees of the Company with no additional pension or other retirement savings programs provided to the NEOs. |
| Other Compensation and Employee Benefits (Short & Long-Term) | Benefits These programs are designed to help ensure the health and wellness of employees and to provide coverage in case of death or disability. Benefits programs include health (including dental and vision care), life insurance and disability coverage. Employee Share Purchase Plan All Company employees, including NEOs, are allowed to participate in the Company’s employee share purchase plan (the “ESPP”) to the extent it is offered in their country of employment. Employees may, each year, contribute between 1% and 15% of their eligible compensation up to not more than $30,000 in any calendar year, with the Company either permitting participants to purchase Common Shares at a discount to the market price or providing a participant with cash contributions to purchase Common Shares. Perquisites Perquisites are not a typical element of NEO compensation, but perquisite arrangements are established on a case-by-case basis as considered appropriate in the interests of the Company. |
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