iRobot (IRBT) Proxy Filing summary

Executive summary

• Board approved a $12,500 per quarter cash retainer for each member of the Strategic Process Transaction Committee, effective immediately.

• Annual restricted stock unit award for non-employee directors replaced with a $200,000 cash payment, paid quarterly starting June 6, 2025.

• These changes are in addition to existing cash fees for Board and committee service previously disclosed.

Board of directors and corporate governance

• Strategic Process Transaction Committee members will receive a new quarterly cash retainer.

• Non-employee director equity compensation program modified to provide cash payments instead of restricted stock units.

Executive compensation and say-on-pay

• Non-employee directors to receive $200,000 annual cash compensation for Board service, distributed quarterly.