David Roberts

President and Chief Executive Officer at VERRA MOBILITY

Board

Since October 2018

Age

54 years

Education

Holds a Bachelor's degree in Business Administration from Baylor University at the Hankamer School of Business and an MBA from the University of Chicago Booth School of Business with concentrations in Finance and Strategy.

Tenure

Joined Verra Mobility in October 2018 as President and Chief Executive Officer.

Also at VERRA MOBILITY

Craig Conti

Executive Vice President and Chief Financial Officer

Jonathan Baldwin

Executive Vice President, Government Solutions

Jonathan Keyser

Executive Vice President and Chief Legal Officer

About

David Roberts is a seasoned executive who currently serves as the President and Chief Executive Officer of Verra Mobility, a role he has held since October 2018. His leadership at the company marks a continuation of an extensive career in executive roles across multiple sectors, including technology and finance.

Born with over 25 years of management experience, Roberts has held pivotal positions at American Traffic Solutions, BillingTree, and Bank of America Merrill Lynch, demonstrating a strong foundation in business operations and financial strategy.

Educated with a Bachelor's degree in Business Administration and an MBA with concentrations in Finance and Strategy, his academic background has been instrumental in shaping his strategic approach to leadership.

Beyond his corporate responsibilities, he has also contributed to academia as an adjunct professor and engages in community service through advisory roles, reflecting his commitment to broader societal contributions.

$VRRM Performance Under David Roberts

Past Roles

Organization	Role	Date Range	Details
American Traffic Solutions (ATS)	President & Chief Executive Officer	May 2018 - October 2018	Transitioned into VRRM post-merger
American Traffic Solutions (ATS)	Chief Operating Officer	August 2014 - May 2018	ATS later became part of Verra Mobility
BillingTree	President & Chief Executive Officer	April 2012 - August 2014	Multi-channel electronic payment platform company
Bank of America Merrill Lynch	Managing Director, Equity Plan Services	August 2008 - March 2012	Joined via its acquisition of Equity Methods
Equity Methods	Chief Executive Officer	N/A	Acquired by Bank of America Merrill Lynch
W.P. Carey Graduate School of Business, Arizona State University	Adjunct Professor	N/A	Academic role held in the past

External Roles

Organization	Role	Date Range	Details
HNI Corporation (NYSE: HNI)	Director	Since June 2024	Current board role
Arizona Feed My Starving Children Leadership Committee	Adviser	Currently	Serves as adviser

Fixed Compensation

Data from FY 2024

Component Name	Amount	Payment Schedule	Additional Details
Salary	$663,459	2024 Annual	N/A
Stock Awards - RSUs	52,447 RSUs<br>Total Value: $4,397,315	Granted on March 1, 2024	$22.88 per unit
401(k) Company Safe-Harbor Contributions	$13,800	2024	Company contribution

Performance Compensation

Data from FY 2024

Stock Awards - PSUs

Metric	Detail
Grant Date	March 1, 2024
Number of PSUs Granted	111,376 PSUs
Performance Metric	3-year Total Shareholder Return (TSR) relative to the S&P 1000 Index
Threshold Level	50% vesting (25th percentile)
Target Level	100% vesting (55th percentile)
Maximum Level	150% vesting (75th percentile)
Condition	Capped at 100% if absolute TSR is negative
Vesting Schedule	Vest 3 years from grant date
Grant Date Fair Value	Calculated with $22.88 per unit

Non-Equity Incentive Plan Compensation

Metric	Detail
Performance Metrics	Company revenue targets, Adjusted EBITDA targets, and Individual performance goals
Threshold Payout	$312,500
Target Payout	$675,000
Maximum Payout	$937,500
Grant Date	March 1, 2024
RSU Vesting	Four equal annual installments beginning March 1, 2025
Equity Mix Weight	70% PSUs and 30% RSUs
Grant Date Stock Price	$22.88 per unit