The company said the HR and Compensation Committee of its Board approved the performance metric weightings and target achievement levels for its executive officers, including its named executive officers, under the fiscal 2024 annual incentive program, on December 21, 2023.

1. 01

   The company said the HR and Compensation Committee of its Board approved the performance metric weightings and target achievement levels for its executive officers, including its named executive officers, under the fiscal 2024 annual incentive program, on December 21, 2023.

2. 02

   HPE said the HRC Committee on April 1, 2024 revised the performance metrics and weightings for Neil MacDonald's AIP, but did not change the related target achievement levels.

3. 03

   The company said the change better reflects the operational results that are key to evaluating performance in his role as Executive Vice President and General Manager of the newly formed Server reporting segment. The Server segment combines High Performance Computing & Artificial Intelligence and Compute.

4. 04

   The company said it approved use of FY24 Server revenue, FY24 Server segment operating profit, FY24 AI hardware orders and FY24 Server services orders, with each goal aligned to internally set goals at the end of FY23. It said all other AIP terms remain unchanged.

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