Roku announced modifications to its Executive Supplemental Stock Option Program, effective January 1, 2025. The amended program allows senior executives at or above SVP level, excluding the CEO, to exchange portions of their annual base salary for monthly grants of fully vested non-statutory stock options under the company's 2017 Equity Incentive Plan.Participating executives must enroll during the last open trading window of the preceding year, with no changes permitted after the enrollment deadline. The monthly stock options are calculated using a formula based on the salary reduction amount, stock fair market value, and a Board-determined Stock Option Ratio. These options vest immediately upon grant and remain exercisable for 10 years regardless of employment status.The program includes specific timing provisions for grant dates around company filing periods and allows withdrawal only during open trading windows and under unforeseeable emergency circumstances. The Compensation Committee retains the right to review and adjust the Stock Option Ratio annually before enrollment periods.

Roku announced modifications to its Executive Supplemental Stock Option Program, effective January 1, 2025. The amended program allows senior executives at or above SVP level, excluding the CEO, to exchange portions of their annual base salary for monthly grants of fully vested non-statutory stock options under the company's 2017 Equity Incentive Plan.Participating executives must enroll during the last open trading window of the preceding year, with no changes permitted after the enrollment deadline. The monthly stock options are calculated using a formula based on the salary reduction amount, stock fair market value, and a Board-determined Stock Option Ratio. These options vest immediately upon grant and remain exercisable for 10 years regardless of employment status.The program includes specific timing provisions for grant dates around company filing periods and allows withdrawal only during open trading windows and under unforeseeable emergency circumstances. The Compensation Committee retains the right to review and adjust the Stock Option Ratio annually before enrollment periods.