Revvity : Notice of Annual Meeting and Proxy Statement 2024

March 13, 2024

Dear Shareholder:

We cordially invite you to attend the 2024 annual meeting of shareholders of Revvity, Inc. to be held on Tuesday, April 23, 2024, at 8:00 a.m. Please note that in an effort to provide our shareholders with enhanced accessibility to the meeting, we will be conducting the 2024 annual meeting of shareholders on a virtual basis only.

The attached notice of annual meeting and proxy statement contains information about matters to be considered at the annual meeting. As described in those materials, you are entitled to participate in the annual meeting via live webcast at www.virtualshareholdermeeting.com/RVTY2024 if you were a shareholder as of the close of business on February 26, 2024, the record date for the annual meeting, or hold a legal proxy for the meeting provided by your broker, bank or nominee. To vote electronically and submit questions during the virtual annual meeting, you must enter the control number included on your proxy card, voting instruction form or notice. On or about March 13th, we mailed to our shareholders of record, other than those who previously requested email or paper delivery of proxy materials, a notice of Internet availability containing their control number, instructions on how to access our 2024 proxy statement and 2023 annual report to shareholders through the Internet, and how to vote through the Internet. Beneficial owners received a similar notice from their broker, bank or other nominee.

Your vote is important regardless of the number of shares you own. Whether or not you plan to attend the virtual meeting I hope you will review carefully the attached proxy materials and vote as soon as possible. We urge you to complete, sign and return the enclosed proxy card, or to vote over the Internet or by telephone, so that your shares will be represented and voted at the annual meeting.

Thank you for your continued support of Revvity.

Sincerely,

PRAHLAD R. SINGH, PhD

President and Chief Executive Officer

Notice of Annual Meeting

and

Proxy Statement 2024

Revvity, Inc.

940 Winter Street

Waltham, Massachusetts 02451

TABLE OF CONTENTS
	Page
NOTICE OF ANNUAL MEETING
OVERVIEW	i
PROXY STATEMENT	1
General Information	1
PROPOSAL NO. 1 ELECTION OF DIRECTORS	5
INFORMATION RELATING TO OUR BOARD OF DIRECTORS AND ITS COMMITTEES	13
Determination of Independence	13
Director Candidates	13
Criteria and Diversity	14
Leadership Structure	14
Communications from Shareholders and Other Interested Parties	15
Board of Directors' Role in Risk Oversight	15
Board of Directors Meetings and Committees	16
Compensation Committee Interlocks and Insider Participation	18
Report of the Audit Committee	18
Independent Registered Public Accounting Firm Fees and Other Matters	19
Certain Relationships and Policies on Related Party Transactions	20
Anti-Hedging Policy	21
DIRECTOR COMPENSATION	22
BENEFICIAL OWNERSHIP OF COMMON STOCK	25
EXECUTIVE COMPENSATION	27
Compensation Discussion and Analysis	27
Compensation Committee Report	47
Summary Compensation Table	48
2023 Grants of Plan-Based Awards	50
Outstanding Equity Awards at 2023 Fiscal Year-End	52
Option Exercises and Stock Vested in Fiscal Year 2023	54
2023 Non-Qualified Deferred Compensation	55
Potential Payments upon Termination or Change in Control	56
Equity Compensation Plan Information	68
CEO Pay Ratio	69
PAY VERSUS PERFORMANCE	70
PROPOSAL NO. 2 RATIFICATION OF SELECTION OF INDEPENDENT REGISTERED PUBLIC
ACCOUNTING FIRM	74
PROPOSAL NO. 3 NON-BINDING ADVISORY VOTE ON EXECUTIVE COMPENSATION	75
PROPOSAL NO. 4 SHAREHOLDER PROPOSAL REGARDING SIMPLE MAJORITY VOTE	76
OTHER MATTERS	79
DELINQUENT SECTION 16(a) REPORTS	79
SHAREHOLDER PROPOSALS FOR 2025 ANNUAL MEETING OF SHAREHOLDERS	79
APPENDIX A RECONCILIATION OF GAAP TO NON-GAAP FINANCIAL MEASURES	A-1

NOTICE OF ANNUAL MEETING

To the Shareholders of Revvity, Inc.:

The annual meeting of the shareholders of Revvity, Inc. will be held via a live webcast on Tuesday, April 23, 2024, at 8:00 a.m., to consider and act upon the following:

1. A proposal to elect ten nominees for director for terms of one year each;
2. A proposal to ratify the selection of Deloitte & Touche LLP as Revvity's independent registered public accounting firm for the current fiscal year;
3. A proposal to approve, by non-binding advisory vote, our executive compensation;
4. A shareholder proposal to adopt a majority voting standard, if properly presented at the annual meeting; and
5. Such other matters as may properly come before the meeting or any adjournment or postponement thereof.

Our board of directors has no knowledge of any other business to be transacted at the meeting.

Our board of directors has fixed the close of business on February 26, 2024 as the record date for the determination of shareholders entitled to receive this notice and to vote at the meeting.

All shareholders are cordially invited to attend the annual meeting via live webcast.

By Order of the Board of Directors,

PRAHLAD R. SINGH, PhD

President and Chief Executive Officer

March 13, 2024

RETURN ENCLOSED PROXY CARD OR VOTE BY INTERNET OR TELEPHONE

Whether or not you expect to attend the virtual meeting, please complete, date, and sign the enclosed proxy card and mail it promptly in the enclosed envelope. No postage is required if mailed in the United States. Prompt response is important, and your cooperation will be appreciated. If the envelope is lost, please return the card to: Vote Processing, c/o Broadridge, 51 Mercedes Way, Edgewood, New York 11717. Alternatively, you may submit your vote via the Internet or telephone by following the instructions set forth on the enclosed proxy card.

OVERVIEW

To assist you in reviewing the proxy statement for the Revvity, Inc. 2024 annual meeting of shareholders, we call your attention to the following information about the annual meeting, our corporate governance framework and key facts regarding our executive compensation structure and practices. For more complete information, please review the Revvity, Inc. proxy statement in its entirety, as well as our annual report to shareholders for the fiscal year ended December 31, 2023.

Annual Meeting of Shareholders via Live Webcast

• Date and Time:	April 23, 2024 at 8:00 a.m. (Eastern Time)
• Webcast of	Via live webcast at www.virtualshareholdermeeting.com/RVTY2024
Meeting:
• Record Date:	February 26, 2024
• Voting:	If you are a "record holder" of shares as of the record date, you may vote your
	shares. You may either vote on a virtual basis during the annual meeting as
	further described below or by the Internet, telephone or mail. If you are the
	beneficial owner of shares held in "street name" as of the record date, you
	will need to instruct the record holder of your shares how you would like your
	shares to be voted. See the section of the proxy statement titled "General
	Information" for more detail regarding how you may vote your shares.
	Whether or not you plan to attend the meeting on a virtual basis, we urge you
	to vote and submit your proxy in advance of the meeting.

• Voting at the Meeting on a Virtual Basis:

If you were a shareholder as of the close of business on the record date, or hold a legal proxy for the meeting provided by your bank, broker or nominee, you may attend the meeting virtually, vote your shares electronically, submit questions during the meeting, and access the list of shareholders entitled to vote at the meeting. To do so, you must enter the control number found on your proxy card, voting instruction form or notice you previously received, and follow the instructions available on the meeting website during the meeting. Technical assistance will be provided during the meeting.

• Admission to the Meeting on a Virtual Basis:

While the virtual meeting is open to shareholders and their guests, shareholders must attend the meeting as a verified shareholder (i.e., not as a guest) to be able to vote and ask questions during the meeting.

Meeting Agenda and Voting Recommendations

		Board
Agenda Items	Recommendation	Page
(1)	Election of ten directors for terms of one year each.	FOR EACH	5
		DIRECTOR
		NOMINEE
(2)	Ratification of selection of Deloitte & Touche LLP as our independent	FOR	74
	registered public accounting firm for fiscal 2024.
(3)	To approve, by non-binding advisory vote, our executive compensation.	FOR	75
(4)	Shareholder proposal to adopt a majority voting standard, if properly	AGAINST	76
	presented at the annual meeting.

Revvity • 2024 Proxy Statement i

Director Nominees

The following table provides summary information about the ten directors nominated for election as directors for terms of one year each:

		Director		Current Committee
Name	Age	Since	Principal Occupation	Memberships	Independent?
Peter Barrett, PhD	71	2012	Partner, Atlas Venture	Compensation &	Yes
				Benefits (Chair);
				Nominating &
				Corporate Governance
Samuel R. Chapin	66	2016	Retired Executive Vice	Audit (Chair)	Yes
			Chairman, Bank of
			America Merrill Lynch
Michael A. Klobuchar	48	2024	Executive Vice	-	Yes
			President and Chief
			Strategy Officer,
			Merck & Co., Inc.
Michelle McMurry-Heath,	54	2022	Consultant to	Audit	Yes
MD, PhD			Biotechnology Industry
Alexis P. Michas	66	2001	Managing Partner,	Non-Executive	Yes
			Juniper Investment	Chairman
			Company, LLC
Prahlad R. Singh, PhD	59	2019	President and CEO of	-	No
			Revvity
Sophie V. Vandebroek,	62	2024	Former Vice President,	-	Yes
PhD			Emerging Technology
			Partnerships, IBM
			Corporation
Michel Vounatsos	62	2020	Former Chief Executive	Audit; Nominating &	Yes
			Officer, Biogen Inc.	Corporate Governance
				(Chair)
Frank Witney, PhD	70	2016	Former Chief Executive	Compensation &	Yes
			Officer, Affymetrix, Inc. Benefits; Nominating &
				Corporate Governance
Pascale Witz	57	2017	Founder and President	Audit; Compensation &	Yes
			of PWH Advisors	Benefits

1. Revvity • 2024 Proxy Statement

Corporate Governance Highlights

The following table summarizes our board structure and key elements of our corporate governance framework:

Size of Board	Eleven*
Number of Independent Directors	Ten
Independent Chairman	Yes
Board Self-Evaluation	Annual
Review of Independence of Board	Annual
Independent Directors Meet Without Management Present	Yes
Structure of Board	Non-Classified
Voting Standard for Election of Directors in Uncontested Elections	Majority of Shares Cast
Diversity (as to background, experience and skills)	Yes
Corporate Governance Guidelines	Yes

• Dr. Grégoire has informed the Company that she is not standing for re-election at the 2024 annual shareholders meeting.

Fiscal 2023 Business Highlights

We overcame industrywide headwinds throughout 2023, leading to top quartile and differentiated financial results for the year. Our performance in the face of an evolving macro environment is both a testament to the hard work of our incredible team and the result of the transformation that has taken place at our Company in recent years, not only from a portfolio composition standpoint, but also from an operational agility and collaboration perspective. Highlights of our fiscal year 2023 performance include:

• GAAP earnings per share from continuing operations of $1.44 for fiscal year 2023, as compared to GAAP earnings per share from continuing operations of $4.06 for fiscal year 2022. Adjusted earnings per share from continuing operations for fiscal year 2023 was $4.65, as compared to $6.92 in fiscal year 2022.
• GAAP revenue for fiscal year 2023 of $2,751 million, as compared to $3,312 million in fiscal year 2022.
• GAAP operating income from continuing operations for fiscal year 2023 of $301 million, as compared to $743 million in fiscal year 2022.
• GAAP operating profit margin from continuing operations was 10.9% as a percentage of revenue for fiscal year 2023, as compared to 22.4% for fiscal year 2022.

A reconciliation of our GAAP results to the non-GAAP financial measure set forth above, adjusted earnings per share from continuing operations, can be found in Appendix A to this proxy statement.

Talent and Culture

At Revvity, we are united in investing in our people. Our goal is to ensure that every employee feels engaged and supported and that they fully experience our culture and values. We aim to create an experience that is consistent, collaborative and inclusive for all of our more than 11,000 colleagues around the world. Our people are our superpower and empowering our employees inspires them to deliver their best work and show up as their best selves. For us, investing in our people reflects our commitment to building an environment where everyone can thrive, contribute and find fulfillment in their professional journeys.

Revvity • 2024 Proxy Statement iii

Our areas of focus include:

• developing our employees' talents through multiple corporate and personalized AI-powered programs promoting learning, career growth and recognition structure for all employees within the Company;
• supporting the well-being of our employees;
• offering a diverse and inclusive culture aligned with our values; and
• engaging our employees to achieve our shared vision of an innovative and inclusive future.

Environmental, Social and Governance Principles

In 2023, we increased our environmental, social, and governance (ESG) commitments to align with the makeup of our new company, its values, and the evolving expectations of our stakeholders. As Revvity, it is important that we reset our baselines and goals accordingly to ensure completeness, continued accuracy and transparency. As such, we have shifted to a more comprehensive approach in the way we obtain and analyze all quantitative data relevant to our ESG targets. We utilize our new baseline information to establish ambitious yet realistic ESG goals that will guide our progress and ensure accountability. Through monitoring and transparent reporting, we will continue to drive meaningful change within our operations and for all of our stakeholders.

Over the last year, we have grown our ESG program through several focused actions and activities that we believe will have a profound impact as we continue our sustainability journey as Revvity, including:

Environmental

• Collecting more complete and transparent baseline sustainability metrics. Revvity has committed to submit emission reduction targets for Science Based Targets initiative (SBTi) approval in the next 18 months;
• Creating sustainability committees and identifying champions, specifically within logistics, packaging, R&D, operations and the commercial organization, who can help achieve Revvity's ESG goals;
• Driving key sustainability site projects, such as installing LED lights and solar panels at our sites; and
• Adding more internal resources to further enhance ESG data collection and analysis efforts and help implement next actions across the Company.

Social

• Growing a culture of sustainability through educating and empowering our employees;
• Expanding our equity and inclusion communities on a global, regional and local level;
• Investing in programs and tools that advance the talent management and professional development opportunities for our people; and
• Committing to promoting pay equity within our organization through conducting pay audits and benchmarking.

Governance

• Increasing our external disclosures, including our data, policies, and goals;
• Investing in the latest ESG tools to improve data accuracy, analysis, and transparency; and

1. Revvity • 2024 Proxy Statement