Q2 STRATEGIES

ings plan, or 401(k) Plan, covering substantially all employees. The 401(k) Plan also provides for employer contributions to be made at the Company's discretion. The Company makes matching contributions equal to 50 % of employee contributions, up to 6 % of each participant's compensation. Employees are eligible to participate upon date of hire and are immediately vested in all matching contributions. The Company's policy prohibits participants from direct investment in shares of its common stock within the plan. The Company's contributions charged to expense were $ 7.7 million, $ 7.8 million and $ 7.8 million for the years ended December 31, 2025, 2024 and 2023, respectively. Defined benefit plan The Company maintains a gratuity plan in India, or the Gratuity Plan, that is a statutory post

negatively impact our operating costs; • the timing of stock awards to employees and related adverse financial statement impact of having to expense those stock awards over their vesting schedules; and • the amount and timing of costs associated with recruiting, hiring, training and integrating new employees, many of whom we hire in advance of anticipated needs. Any one of the factors above, or the cumulative effect of some or all of the factors referred to above, may result in significant fluctuations in our quarterly and annual results of operations. This variability and unpredictability could result in our failure to meet our internal operating plan. Additionally , the price of our common stock might be based on expectations of investors or securities analysts of future performance tha

e products' estimated economic lives. 63 Table of Contents Operating Expenses Operating expenses primarily consist of sales and marketing, research and development and general and administrative expenses. They also include costs related to our acquisitions and the resulting amortization of acquired intangible assets from those acquisitions. Over the long term, we intend to continue to hire new employees and make other investments to support our anticipated growth, and as a result, we expect our operating expenses to increase in absolute dollars but to decrease as a percentage of revenues over the long term as we grow our business. Sales and Marketing Sales and marketing expenses consist primarily of salaries and other personnel-related costs, including commissions, employee benefits, bonus