Savneet Singh

CEO and President at PAR TECHNOLOGY

Since March 2019

Age

40 years

Tenure

Joined the Board of Directors in April 2018, served as Interim CEO from December 2018 to March 2019, and was officially appointed as CEO and President in March 2019.

Also at PAR TECHNOLOGY

BAM

Bryan A. Menar

Chief Financial Officer

CAK

Cathy A. King

Chief Legal Officer and Corporate Secretary

MAS

Michael A. Steenberge

Chief Accounting Officer

About

Savneet Singh, born in 1983 and currently 40 years old , has established himself as a dynamic leader with a strong entrepreneurial and investment background. His career is marked by a series of leadership roles where he co-founded and managed several companies, demonstrating his commitment to innovation and growth.

Upon joining PAR in April 2018 as a Board member, he quickly transitioned to executive leadership by assuming the role of Interim CEO from December 2018 until March 2019. His appointment as CEO and President in March 2019 underscored his capability to drive strategic transformation.

Since taking the helm at PAR Technology Corporation, his vision has steered the company from its traditional hardware and services focus toward a software-centric, recurring revenue model. In addition to his role at PAR, his board memberships with several public companies such as CDON AB, Blockchain Power Trust, SharpSpring, Inc., and Osprey Technology Acquisition Corp. further highlight his strategic influence and diverse expertise.

$PAR Performance Under Savneet Singh

Past Roles

Organization	Role	Date Range	Details
PAR Technology Corporation	Interim Chief Executive Officer and President	Dec 2018 - Mar 2019	Concluded upon permanent appointment as CEO and President at PAR
ParTech, Inc.	Interim President	Dec 2018 - Mar 2019	Held concurrently with the interim CEO role at PAR Technology Corporation
Tera-Holdings, LLC	Managing Partner	2017 - 2018	Co-founded niche software holding company
GBI, LLC	Co-founder; held roles as COO, CEO, and President	2009 - 2017	Formerly Gold Bullion International, LLC; electronic platform for buying, trading, and storing physical metals

External Roles

Organization	Role	Date Range	Details
CoVenture, LLC	Partner	Since June 2018	Multi-asset manager with funds in venture capital, direct lending, and cryptocurrency

Fixed Compensation

Data from FY 2023

Component Name	Amount	Payment Schedule	Additional Details
Base Salary	$620,000	Standard payroll schedule	Unchanged from 2022

Performance Compensation

Data from FY 2023

Short-Term Incentive (STI)

Metric	Value	Details
Performance Metrics	50% ARR, 50% Non-GAAP Adjusted EBITDA	Metrics weighted equally to drive annual performance
Payout Threshold	50% payout	Minimum performance level for payout
Payout Target	100% payout	STI target set at $620,000 (100% of base salary)
Maximum Payout	200% payout	Cap on STI payout
Actual Payout	$463,140 (74.7% of target)	Based on performance achievements

Long-Term Incentive (LTI) - Performance Vesting RSUs (PRSUs)

Metric	Value	Details
Grant Date	May 15, 2023	Date when the award was granted
Grant Date Stock Price	$32.75	Share price on the grant date
Grant Date Fair Value	$6,178,770	Fair value for the PRSUs component as determined by Monte Carlo valuation
Target PRSUs Granted	108,877 shares	Total performance RSUs granted
Vesting Schedule	March 1, 2024, March 1, 2025, March 1, 2026	Vest in equal one-third increments, subject to continued employment and performance certification
Performance Metrics	Relative TSR vs. IT sector of Russell 2000	Measured over three periods (2023, 2024, 2025)
2023 Performance Result	90th percentile; 200% of shares earned; 72,584 shares	Based on performance achievement for the 2023 performance period