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  "documentTitle": "Booking Holdings | Shareholder Engagement Presentation Deck | 21 slides",
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  "authorName": "Booking Holdings",
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  "presentationDate": "2022-05-01 00:00:00",
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      "text": "1) We have a strong track record of judicious pay practices and stockholder support. 2) We have responsibly managed our equity usage over several years. 3) Our executive compensation program has a long-term orientation that aligns with stockholder interests.",
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      "text": "Our equity dilution is consistently in the bottom quartile of our executive compensation peer group (<1% burn rate for the past four fiscal years and significantly below the 25th percentile of our executive compensation peers). Our burn rate for FY21 was the lowest in our executive compensation peer group.",
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      "text": "~90%+ support each year since our first Say-on-Pay vote in 2011. We conduct a robust biannual stockholder engagement process to collect feedback from stockholders on our executive compensation strategy and other topics of interest.",
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      "text": "Our CEO's actual 2021 compensation of $29.9m, excluding accounting adjustments for prior year grants, was in line with market compensation for CEOs of our peers. 3-year PSUs include rTSR modifier to reflect our stock performance relative to similar travel/hospitality companies on potential payouts. In 2022 we added a limit to PSU payouts of 100% (or less) if our stock price is flat or negative over the three-year performance period to ensure further alignment with stockholder interests.",
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      "text": "(1) Source: Semler Brossy (2) See Appendix for historical Stock-Based Compensation Expense versus Peers.",
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