Slide 1: Stewardship Engagement August 2022
© Mercury Systems, Inc. STEWARDSHIP ENGAGEMENT August 2022
Slide 2: Forward-looking safe harbor statement
© Mercury Systems, Inc. Forward-looking safe harbor statement This presentation contains certain forward-looking statements, as that term is defined in the Private Securities Litigation Reform Act of 1995, including those relating to the products and services described herein and to fiscal 2023 busi
Slide 3: At a Glance
© Mercury Systems, Inc. At a Glance 3 Transformational business model at the intersection of high tech and defense Deployed on 300+ programs – serving defense Primes and critical infrastructure providers Making commercial technology profoundly more accessible Our goal is to provide all processing so
Slide 4: Mercury Systems by the numbers
© Mercury Systems, Inc. Mercury Systems by the numbers 4 AIRBUS BAE SYSTEMS BOEING GENERAL ATOMICS L3HARRIS LEONARDO LOCKHEED MARTIN NORTHROP GRUMMAN RAYTHEON TECHNOLOGIES SAIC SIERRA NEVADA THALES Customers Track record of strong organic growth, profitability and strategic M&A Poised for contin
Slide 5: Mercury Strategy: A plan to meet market needs at speed
© Mercury Systems, Inc. 4/ Continuously improve operational capability and scalability 2/ Expand capabilities, market access and penetration through M&A 1/ Invest to grow organically 3/ Invest in trusted, secure Innovation That Matters® 5/ Attract and retain the right talent Mercury Strategy: A plan
Slide 6: Annual Executive Compensation Program Aligned with Shareholders
© Mercury Systems, Inc. Annual Executive Compensation Program Aligned with Shareholders 6 34% Restricted Stock CEO Target Compensation Mix for FY22* 13% Base Salary 19% Performance Bonus 34% Performance Stock 87% Variable Pay Other NEOs Target Compensation Mix for FY22* Target pay levels in line w
Slide 7: Executive Compensation Program Overview
© Mercury Systems, Inc. Retention Award Executive Compensation Program Overview 7 ANNUAL PAY ELEMENT PERFORMANCE PERIOD PERFORMANCE MEASURES PAYOUT RANGE Base Salary Annual -- -- Cash Bonus Semi-Annual Adjusted EBITDA 0-150% of Target Restricted Stock (50%) Three years with annual vesting -- -- Perf
Slide 8: Equity Retention Plan Addressed Mission Critical Concerns During Pivotal Period
© Mercury Systems, Inc. Equity Retention Plan Addressed Mission Critical Concerns During Pivotal Period 8 Retain and motivate critical talent in a challenging economic and labor environment, particularly in the aerospace and defense industry • Limited, specialized knowledge and limited key players
Slide 9: Our Stock Incentive Plan is Vital to Our Business
© Mercury Systems, Inc. Our Stock Incentive Plan is Vital to Our Business 9 We grant equity awards to over 500 employees annually across our enterprise to drive a culture of ownership, accountability and collaboration at the company Equity incentives are critical to attracting and retaining the
Slide 10: Board Committed to the Highest of Corporate Governance Standards
© Mercury Systems, Inc. Board Committed to the Highest of Corporate Governance Standards to Drive Value-Creation for All Stakeholders 10 William K. O’Brien joined board in 2008 Board Chairman Former Executive Chairman and Chief Executive Officer of Enterasys A$,NG*, M&A Mark Aslett joined board in 2
Slide 11: Shareholder Accountability
© Mercury Systems, Inc. Shareholder Accountability Majority vote standard for director elections, plurality carveout for contested elections Annual ‘say-on-pay’ vote Regular shareholder outreach and engagement Shareholder Rights Only one class of capital stock, which is entitled to one vote per shar
Slide 12: Committed to Sustainable Growth
© Mercury Systems, Inc. Committed to Sustainable Growth AAA ESG Rating from MSCI in 2021 and 2022 - Top 3% of A&D Industry 12 DIVERSITY AND EMPLOYEE INITIATIVES THE ENVIRONMENT Talent Development: Foster career growth and development through mentoring initiatives, performance management, 1MPOWER lea
Slide 13: Thank You
THANK YOU. : = = mercury FOLLOW.US ‘ONISOCEAD in| wy £) [>| ® mM mrcy.com