Fair Isaac (FICO) Proxy Filing summary

Executive summary

• Achieved record annual revenues of $1.72 billion (up 13%) and net income of $513 million (up 21%) in fiscal 2024, with strong performance in both Software and Scores segments.

• FICO® Platform ARR exceeded 30% year-over-year growth each quarter; FICO® Score remains the industry standard for U.S. consumer credit risk.

• Stock price reached an all-time high in 2024, with total shareholder return over CEO’s tenure at 5,333%.

• Continued focus on innovation, customer success, and operational excellence, positioning for further profitable growth in fiscal 2025.

Voting matters and shareholder proposals

• Election of eight directors to serve until the 2026 Annual Meeting; all nominees except the CEO are independent.

• Advisory (non-binding) vote to approve executive compensation, with board recommendation FOR.

• Ratification of Deloitte & Touche LLP as independent registered public accounting firm for fiscal 2025.

• Shareholders can vote by internet, phone, mail, or in person; majority voting standard applies for directors.

Board of directors and corporate governance

• Board comprises 88% independent directors, 38% female, and 25% racially/ethnically diverse.

• Annual election of all directors, majority voting standard, and director resignation policy in place.

• Three standing committees: Audit, Leadership Development and Compensation, and Governance, all fully independent.

• Board leadership is separated, with an independent Chairman and CEO.

• Annual board and committee self-evaluations, regular executive sessions, and robust succession planning.