grpn-20260427

UNITED STATES

SECURITIES AND EXCHANGE COMMISSION

Washington, D.C. 20549

__________________________________________

SCHEDULE 14A

Proxy Statement Pursuant to Section 14(a) of the Securities Exchange Act of 1934

(Amendment No. )

__________________________________________

Filed by the Registrant ý

Filed by a party other than the Registrant ¨

Check the appropriate box:


¨			Preliminary Proxy Statement

¨			Confidential, for Use of the Commission Only (as permitted by Rule 14a-6(e)(2))

ý			Definitive Proxy Statement

¨			Definitive Additional Materials

¨			Soliciting Material under §240.14a-12

Groupon, Inc.

(Name of Registrant as Specified In Its Charter)

(Name of Person(s) Filing Proxy Statement, if other than the Registrant)

Payment of Filing Fee (Check all boxes that apply):


ý			No fee required.
¨			Fee previously paid with preliminary materials.
¨			Fee computed on table in exhibit required by Item 25(b) per Exchange Act Rules 14a-6(i)(1) and 0-11.

2026 PROXY STATEMENT

ANNUAL MEETING OF STOCKHOLDERS
THE ANNUAL MEETING OF STOCKHOLDERS OF GROUPON, INC. WILL BE HELD
June 11, 2026 | 9:00 a.m. Central Time
Winston & Strawn LLP, 300 North LaSalle Drive, Suite 4600, Chicago, Illinois 60654

NASDAQ: GRPN / ir@groupon.com

LETTER FROM THE

CHAIRMAN

Dear Stockholder:

I am pleased to invite you to attend the Annual Meeting of Stockholders of Groupon, Inc. (the “Annual Meeting”), which will be held at Winston & Strawn LLP, 300 North LaSalle Drive, Suite 4600, Chicago, Illinois 60654, on June 11, 2026 at 9:00 a.m. Central Time. The doors will open at 8:30 a.m. Central Time.

The attached Notice of Annual Meeting of Stockholders and proxy statement (the “Proxy Statement”) contain details of the business to be conducted at the Annual Meeting.

Whether or not you attend the Annual Meeting, it is important that your shares be represented and voted at the meeting. Therefore, I urge you to promptly vote and submit your proxy via the Internet, by phone, or by signing, dating and returning the enclosed proxy card in the enclosed envelope. If you decide to attend the Annual Meeting, you will be able to vote in person, even if you have previously submitted your proxy.

We urge you to read the accompanying Proxy Statement carefully and to vote “FOR” the director nominees proposed by the Board of Directors, “FOR” the ratification of Deloitte & Touche LLP as our independent registered public accounting firm for fiscal year 2026, “FOR” the non-binding, advisory approval of our named executive officer compensation, and "FOR" the amendment to our Restated Certificate of Incorporation to provide for officer exculpation as permitted by Section 102(b)(7) of the Delaware General Corporation Law. On behalf of the Board of Directors, I would like to express our appreciation for your interest in Groupon.

Sincerely,

Theodore Leonsis
Chairman of the Board of Directors

Groupon Proxy Statement and Notice of 2026 Annual Meeting

NOTICE OF 2026 ANNUAL MEETING OF STOCKHOLDERS

TO BE HELD

June 11, 2026 | 9:00 a.m. Central Time
Winston & Strawn LLP, 300 North LaSalle Drive, Suite 4600, Chicago, Illinois 60654

ITEMS OF BUSINESS

•To elect six directors from the nominees named in this Proxy Statement.

•To ratify the selection of Deloitte & Touche LLP (“Deloitte”) as our independent registered public accounting firm for fiscal year 2026.

•To conduct a non-binding, advisory vote to approve our named executive officer compensation, as described in this Proxy Statement.

•To approve an amendment to our Restated Certificate of Incorporation to provide for officer exculpation as permitted by Section 102(b)(7) of the Delaware General Corporation Law.

•To transact other business that may properly come before the Annual Meeting.

Record Date

Only stockholders of record at the close of business on April 17, 2026 (the “Record Date”) are entitled to receive notice of, and to vote at, the Annual Meeting.

Admission

If you are a record holder, you must provide identification, and if you hold your shares through a broker, bank or other nominee, you must also provide proof of ownership.

Proxy Voting

IMPORTANT: Please vote your shares at your earliest convenience. This will ensure the presence of a quorum at the Annual Meeting. Promptly voting your shares via the Internet, by telephone, or by signing, dating, and returning the enclosed proxy card will save the expenses and efforts of additional solicitation. If you wish to vote by mail, we have enclosed an addressed envelope, postage prepaid if mailed in the United States. Submitting your proxy now will not prevent you from voting your shares in person at the Annual Meeting, as your proxy is revocable at your option, as described in the Proxy Statement.

Important Notice Regarding the Availability of Proxy Materials for the Annual Meeting to Be Held on June 11, 2026. We are furnishing proxy materials to our stockholders primarily via the Internet, instead of mailing printed copies of those materials to each stockholder. By doing so, we save costs and reduce the environmental impact of our Annual Meeting. We will mail a Notice of Internet Availability of Proxy Materials (the “Notice”) to certain of our stockholders. The Notice contains instructions about how to access our proxy materials and vote online or vote by telephone. If you would like to receive a paper copy of our proxy materials, please follow the instructions included in the Notice. If you previously chose to receive our proxy materials electronically, you will continue to receive access to these materials via e-mail unless you elect otherwise.

By order of the Board of Directors,

Theodore Leonsis

Chairman of the Board of Directors

Chicago, Illinois
April 28, 2026

The date of this Proxy Statement is April Leonsis Signature.jpg 28, 2026, and it is first being delivered to stockholders on or about April 28, 2026.

Groupon Proxy Statement and Notice of 2026 Annual Meeting

TABLE OF CONTENTS


CORPORATE GOVERNANCE AT GROUPON			1
BOARD OF DIRECTORS			3
BOARD SELECTION AND EVALUATION			7
HOW THE BOARD IS ORGANIZED AND GOVERNS			8
HOW TO COMMUNICATE WITH THE BOARD			12
DIRECTOR COMPENSATION			13
COMPENSATION DISCUSSION & ANALYSIS			15
2025 Business Summary and Financial Results			15
2025 Executive Compensation Highlights			15
Compensation-Related Policies and Practices			16
Governance of Executive Compensation Program			18
Elements of Executive Compensation			21
Other Compensation			24
Compensation Risk Assessment			26
NAMED EXECUTIVE OFFICER COMPENSATION			27
2025 Summary Compensation Table			27
Grants of Plan-Based Awards in 2025			28
Outstanding Equity Awards at 2025 Year End			29
Option Exercises and Stock Vested in 2025			29
Severance Benefits Agreement			30
Potential Payments upon Termination or Change in Control			30
CEO Pay Ratio			31
Pay versus Performance			32
Equity Compensation Plan Information			37
COMPENSATION COMMITTEE INTERLOCKS AND INSIDER PARTICIPATION			38
COMPENSATION COMMITTEE REPORT			39
AUDIT COMMITTEE REPORT			40
INDEPENDENT REGISTERED PUBLIC ACCOUNTING FIRM			42
POLICY ON AUDIT COMMITTEE PRE-APPROVAL OF AUDIT AND NON-AUDIT SERVICES			43
CERTAIN RELATIONSHIPS AND RELATED PARTY TRANSACTIONS			44
INFORMATION REGARDING BENEFICIAL OWNERSHIP OF PRINCIPAL STOCKHOLDERS, DIRECTORS AND MANAGEMENT			45
DELINQUENT SECTION 16(A) REPORTS			46
IMPORTANT MEETING INFORMATION			48
QUESTIONS AND ANSWERS ABOUT THE ANNUAL MEETING			51
PROPOSALS TO BE VOTED ON AT THE MEETING			56
Proposal 1: Election of Directors			56
Proposal 2: Ratification of Independent Registered Public Accounting Firm			57
Proposal 3: Advisory Approval of Our Named Executive Officer Compensation			57
Proposal 4: Approval of an Amendment to Our Restated Certificate of Incorporation to Provide for Officer Exculpation as Permitted by Section 102(b)(7) of the Delaware General Corporation Law			58
PROPOSALS OF STOCKHOLDERS FOR 2026 ANNUAL MEETING			60
OTHER MATTERS			61
APPENDIX A: ADJUSTED EBITDA INFORMATION AND RECONCILIATION; FORWARD-LOOKING STATEMENTS			62

Groupon Proxy Statement and Notice of 2026 Annual Meeting

CORPORATE GOVERNANCE AT GROUPON

Human Capital Strategy

At Groupon, Inc. (the “Company,” “Groupon,” “we,” “our,” or “us”), our goal is to empower a diverse, collaborative global team and continue to strengthen the foundations that support a high-performance culture. Our senior leadership, guided by our Board of Directors (the “Board”), oversees this mission by crafting and implementing our human capital strategy. This involves recruiting, developing and retaining the talent needed to fuel our operations, drive our strategic goals, and shape competitive compensation and benefits packages.

We’re cultivating a thriving performance-driven culture and a team committed to our transformation. In December 2025, we introduced five Operating Principles that define the explicit behavioral standards against which our people are hired, developed, and assessed:

•Extreme Ownership;

•Speed Over Comfort;

•Impact Obsessed;

•Simplify to Scale; and

•Disciplined.

We also believe that the companies best positioned for long-term success are those that develop an artificial intelligence fluent talent base.

Together, these form the foundations of a culture that embraces speed and agility, relies on data-driven decisions based on measurable results and fosters a culture of ownership and accountability. We believe this fosters a resilient workforce equipped to weather challenges and capitalize on opportunities. Our focus on performance isn’t only about numbers; it’s about attracting and retaining top talent who thrive in a fast-paced, results-oriented environment. Ultimately, we see this cultural shift as the engine that propels us towards our ambitious vision of becoming the go-to platform for experiences.

Election of Directors

As stockholders, you have the right to elect our Board. The Board is nominating six nominees for election. Information to inform your vote is set forth below:

•Groupon Corporate Governance Principles & Highlights

•Board of Director Biographies

•How the Board is Selected and Evaluated

•How the Board is Organized and Governs

•How to Communicate with the Board

•Director Compensation

Groupon Corporate Governance Principles & Highlights

We believe our corporate governance practices promote the long-term interests of our stockholders, as well as maintain internal checks and balances, strengthen management accountability, engender public trust and foster responsible decision making and accountability.

We regularly evaluate our corporate governance practices and policies in order to maintain a strong governance framework designed to meet these goals. In addition, our Nominating and Corporate Governance Committee (“Nominating Committee”) periodically reviews evolving legal and regulatory developments and governance best practices to determine those that it believes will best serve the interests of our stockholders. More specifically, our Nominating Committee annually reviews our various corporate governance policies for compliance and to recommend any amendments to these policies in light of any such evolving legal and regulatory developments and governance best practices.

1 | Groupon Proxy Statement and Notice of 2026 Annual Meeting

Highlights of our corporate governance framework include:

Board of Directors

•Five of our six current directors are independent

•Directors have diverse experience, including e-commerce and technology, marketing and advertising, investment, finance and accounting, M&A, international and public company service, and artificial intelligence

•Independent directors meet regularly without management present

•The Audit, Compensation and Nominating Committees are comprised entirely of independent directors

•Director stock ownership and holding guidelines

•Our Corporate Governance Guidelines include a “Rooney Rule” policy with respect to new director searches

Stockholder Voting

•Annual director elections; no classified board

•Single class of voting common stock

•Directors may be removed with or without cause

•No super-majority requirements to approve mergers or other business combinations or charter amendments

•Annual Say-on-Pay vote (approximately 98% “FOR” in 2025)

Audit & Risk Oversight

•All three members of the Audit Committee are audit committee financial experts under SEC rules

Insider Trading Policy

We have an insider trading policy governing the purchase, sale, and other dispositions of Groupon securities that applies to all our personnel, including directors, officers, employees, and other covered persons. While the insider trading policy does not apply to the Company, we also follow procedures for the repurchase of our own securities. We believe our insider trading policy and repurchase procedures are reasonably designed to promote compliance with insider trading laws, rules and regulations, and listing standards applicable to us. A copy of Groupon's insider trading policy was filed as Exhibit 19 to our Annual Report on Form 10‑K for the year ended December 31, 2025.

2 | Groupon Proxy Statement and Notice of 2026 Annual Meeting

BOARD OF DIRECTORS

Board of Directors Biographies

The Board is nominating six nominees for election. Information about the professional backgrounds, qualifications and other board memberships of our nominees is set forth below.


Theodore Leonsis Age 70 Independent Director Chairman of the Board Chair, Nominating Committee Member, Audit Committee			Experience •Groupon Director (2009-present); Chairman of the Board (2020-present); Lead Independent Director (2015-2019); Chairman of the Board (2013-2015); Office of the Chief Executive (2013); Vice Chairman (2011-2013) •Chairman and Chief Executive Officer of Monumental Sports & Entertainment, LLC, a sports and entertainment company that owns the NBA’s Washington Wizards, the NHL’s Washington Capitals, the WNBA’s Washington Mystics and the Capital One Arena in Washington, D.C. (2009-present) •Mr. Leonsis served as Vice Chairman Emeritus at AOL, LLC (2006-present), and served in a number of executive positions including Vice Chairman and President, AOL Audience Business (1994-2006) •Co-founder and partner, Revolution Growth Fund II, Revolution Growth Fund III, Revolution Growth Fund IV, and Revolution Growth Fund V private investment firms (2011-present) •Director and Chairman of the Nominating and Corporate Governance Committee for Tempus AI, Inc. (NASDAQ: TEM) (2024-present) •Director, American Express Co. (NYSE: AXP) (2010-present) •Director of several private internet and technology companies and charitable organizations Skills & Qualifications •Technology / E-commerce •Marketing / Advertising •International •Audit / Finance •Artificial Intelligence Mr. Leonsis brings to the Board in-depth experience in digital businesses and innovative approaches, as well as expertise in identifying business opportunities and driving new strategies based on changing technologies, social media and the Internet.

3 | Groupon Proxy Statement and Notice of 2026 Annual Meeting


Dusan Senkypl Age 50 Director and Chief Executive Officer Member, Artificial Intelligence Committee			Experience •Groupon Director (2022-present) (originally appointed pursuant to the terms of a Cooperation Agreement, dated as of June 13, 2022); Chief Executive Officer (“CEO”) (May 2024-present); Interim CEO (March 2023 - May 2024) •Partner of Pale Fire Capital SE (“PFC”), the Company’s largest stockholder, and a private equity investment group that invests in e-commerce companies both in Europe and worldwide, since January 2017, where he also served as a director from November 2019 to April 2021, and has served as chairman of the board of directors (April 2021-present) •Director at Aukro s.r.o., the largest Czech online marketplace (2019-present) •Director and chairman of the board of directors at Rouvy, SE, a global indoor cycling app competing with Zwift Inc. (2021-present) •Founder and chief executive officer of NetBrokers Holding (“NBH”), which became the largest insurance and finance marketplace in the Czech Republic and Slovakia (2014-2018) •Co-founder, chief executive officer and director, ePojisteni.cz, an insurance technology company (2009-2019) Skills & Qualifications •Technology / E-commerce •International •Public Investment / Portfolio Management •Artificial Intelligence Mr. Senkypl brings to the Board significant e-commerce leadership experience gained from leadership positions at several e-commerce, Internet and technology companies.
Jan Barta Age 40 Independent Director Member, Nominating Committee			Experience •Groupon Director (2022-present) (originally appointed pursuant to the terms of a Cooperation Agreement, dated as of June 13, 2022) •Partner of PFC (January 2017-present), where he also serves as Chairman of the Supervisory Board •Partner in Epojisteni.cz, an insurance technology company (2010-2018) •Partner in NBH, a financial technology company (2014-2018) Skills & Qualifications •Technology / E-commerce •International •Public Investment / Portfolio Management Mr. Barta brings to the Board significant knowledge of e-commerce and technology companies as a result of managing investments and advising on strategy for many technology companies.

4 | Groupon Proxy Statement and Notice of 2026 Annual Meeting


Robert Bass Age 76 Independent Director Chair, Audit Committee Member, Compensation Committee			Experience •Groupon Director and Audit Committee Member (2012-present), including serving as Audit Committee Chair (2013-Present) and a Compensation Committee member (2016-present) •Deloitte, a global firm providing audit, consulting, tax and advisory services; Vice Chairman (2006-2012); Partner (1982-2012); specializing in e-commerce, mergers and acquisitions, SEC filings and related issues •Former Director and chairman of the audit committee and member of the nominating committee of Redfin Corporation (NASDAQ: RDFN) (2016-2025) •Trustee and chairman of the audit committee and member of the nominating and compensation committees of Blackstone Secured Lending Fund (NYSE: BXSL) (2018-present) •Director and chairman of the audit committee of Lucky Strike Entertainment Corp. (NYSE: LUCK) (2021-Present) (formerly known as Bowlero Corp.) •Former Director and chairman of the risk and audit committee, Sims Metal Management (ASX: SGM.AX) (2013-2018) Other •Certified public accountant licensed in New York and Connecticut •Member of the American Institute of Certified Public Accountants and the Connecticut State Society of Certified Public Accountants Skills & Qualifications •Technology / E-commerce •International •Audit / Finance Mr. Bass brings to the Board a wealth of experience and knowledge of public company financial reporting and accounting, including with respect to companies in the e-commerce sector, and his experience at the highest levels of a Big Four accounting firm is an invaluable resource to the Board in its oversight of the Company’s financial statements and SEC filings.
Jason Harinstein Age 50 Independent Director Chair, Compensation Committee Member, Audit Committee			Experience •Groupon Director (July 2023-present); Groupon SVP of Corporate Development and Strategy (2011-2017) •Director of Funko, Inc. (NASDAQ: FNKO) (2024-present) •Director of Lucky Strike Entertainment Corp. (NYSE: LUCK) (2025-present) •Chief Financial Officer of Collectors, Inc., a provider of grading, authentication, information and liquidity services to the collectibles industry (2021-2025) •Chief Financial Officer of Flatiron Health, a healthcare technology company (2017-2021) •Director of Corporate Development at Google (2005-2011) Skills & Qualifications •Technology / E-commerce •International •Audit / Finance Mr. Harinstein brings to the Board a deep understanding of Groupon’s unique offering coupled with broad marketplace and corporate experience, which further strengthens the diverse set of skills and experiences represented on the Board.

5 | Groupon Proxy Statement and Notice of 2026 Annual Meeting


Amit Shah Age 50 Independent Director Chair, Artificial Intelligence Committee			Experience •Groupon Director (March 2026-present) •Founder, CEO, and Chair of the Board of Directors of InstaLILY AI, an enterprise artificial intelligence company (2023-present) •Director and Audit Committee member of Blue Apron Holdings (NYSE: APRN) (2022-2024) •Former President (2020-2021) and Chief Marketing Officer (2017-2020) of 1-800-FLOWERS.COM, INC. (NASDAQ: FLWS) Skills & Qualifications •Technology / E-commerce •Marketing / Advertising •Audit / Finance •Artificial Intelligence Mr. Shah brings to the Board a deep understanding of artificial intelligence, as well as significant experience leading digital transformations at the intersection of commerce, platforms, and emerging technologies.

Director Nominee Qualifications and Experience

The chart below identifies certain skills and qualifications our director nominees bring to the Board, based on areas we believe are important to our success. We believe the combination of the skills and qualifications shown below demonstrates how our Board is well positioned to provide effective oversight and strategic advice to our management. We believe the categories of skills and qualifications highlighted below are particularly relevant to the oversight of our global e-commerce business. We review the categories of skills and qualifications annually. The skills and qualifications of our individual directors are described in greater detail above.

Skills & Experience


Audit / Finance			nnnn
Public Investment / Portfolio Management			nn
International			nnnnn
Marketing / Advertising			nn
Technology / E-Commerce			nnnnnn
Artificial Intelligence			nnn

6 | Groupon Proxy Statement and Notice of 2026 Annual Meeting

BOARD SELECTION AND EVALUATION

Director Independence

Our Corporate Governance Guidelines provide that a majority of our directors will be independent, based on the Nasdaq listing standards as well as the Board’s determination that the director does not have a relationship with Groupon management that, in the opinion of the Board, would interfere with the exercise of independent judgment in carrying out director responsibilities.

Based on the review and recommendation by the Nominating Committee, the Board analyzed the independence of each current director and each director who served on the Board during 2025 and determined that Messrs. Barta, Bass, Leonsis, Harinstein, and Shah meet the standards of independence under our Corporate Governance Guidelines and applicable Nasdaq listing standards, including that each member is free of any relationship that would interfere with his or her individual exercise of independent judgment. Our Board determined that Mr. Senkypl is not an independent director.

Procedures for Nominating Directors; Board Composition

The Nominating Committee reviews with the Board the appropriate set of characteristics, skills and experiences for the Board as a whole, with the objective of having a Board that can best help drive the success of our business and represent stockholder interests through the exercise of sound judgment using its diversity of experience. In evaluating its overall composition, our Board and Nominating Committee take into account many factors, including: general understanding of marketing, finance and other disciplines relevant to the Company’s industry or the success of a large publicly traded company in today’s business environment; operational and senior leadership experience; needs and strategy of the Company relative to the overall composition of our Board; understanding of our business and technology; independence; and diversity of background, skills and experience. The Nominating Committee regularly engages in ongoing Board composition planning to assure that our Board continues to maintain an appropriate mix of skills and experiences to provide fresh perspectives and effective oversight and guidance to management, while leveraging the institutional knowledge and historical perspective of our longer-tenured directors.

The Nominating Committee reviews the skills and qualifications of each candidate for nomination to the Board. The Nominating Committee considers candidates that are suggested by members of the Board, as well as management, our stockholders and any director search firm retained by the Board or the Nominating Committee. The Nominating Committee and Board will instruct any director search firm they engage to include no fewer than three qualified candidates. In evaluating a candidate, the Nominating Committee considers, among other things: compliance with our “Rooney Rule” policy; educational and professional background; personal accomplishments; potential conflicts of interest; whether he or she also brings specific skills or expertise in areas that the Board has identified as desired; and whether he or she possesses personal attributes and diverse experiences that will contribute to the effective functioning of the Board as a whole. In addition, characteristics expected of all directors include integrity, high personal and professional ethics, sound business judgment, and the ability and willingness to commit sufficient time to the Board.

The Nominating Committee assesses the effectiveness of its efforts to maintain an effective Board through the Board self-evaluation process and in the course of its regular responsibilities, which include:

•reporting to our Board on the performance and effectiveness of the Board;

•presenting to our Board individuals recommended for election to the Board at the annual stockholders meeting; and

•obtaining or performing an assessment of the Nominating Committee’s own performance.

The Nominating Committee will consider stockholders’ recommendations for candidates for the Board using the same criteria described above. The name of any recommended candidate for director, together with a brief biographical sketch, a document indicating the candidate’s willingness to serve if elected, and evidence of the nominating stockholder’s ownership of Company stock should be sent to the attention of Corporate Secretary c/o Legal Department, Groupon, Inc., 35 W. Wacker, Floor 25, Chicago, Illinois 60601. A stockholder who wishes to formally nominate a candidate must follow the procedures described in Section 2.4 of our Amended and Restated Bylaws and the universal proxy rules contained in Rule 14a-19 under the U.S. Securities Exchange Act of 1934, as amended (the “Exchange Act”).

7 | Groupon Proxy Statement and Notice of 2026 Annual Meeting

HOW THE BOARD IS
ORGANIZED AND GOVERNS

Board and Executive Leadership

The Board does not have a policy as to whether the Chairman should be an independent director or a member of management. At this time, Mr. Leonsis, an independent director, serves as Chairman of the Board, a role he has held since June 2020.

Our Board believes its current leadership structure is appropriate because it effectively allocates authority, responsibility and oversight between management and the independent members of our Board. It does this by giving primary responsibility for the operational leadership and strategic direction of the Company to our CEO, while enabling the Chairman to facilitate our Board’s oversight of management, promote communication among management, our Board, and our independent directors, and support our Board’s consideration of key governance and risk oversight matters. The Board believes its programs for overseeing risk, as described below under “Risk Oversight,” would be effective under a variety of leadership frameworks and therefore do not materially affect its choice of structure.

Risk Oversight

Our Board, either directly or through its committees, oversees risks to the Company, including operational, financial, compliance, legal, strategic, and reputational risks. Our Board also oversees risks relating to artificial intelligence, cybersecurity and data, governance, and succession planning. Key features of our risk oversight practices include:

•Management periodically reports on areas of potential risk to our Board or the relevant committee, which provides guidance, as appropriate, on risk tolerance, assessment and mitigation.

•The Audit Committee reviews and assesses the Company’s processes to manage business, financial and related reporting, and compliance risks. It also reviews the Company’s policies for risk assessment, risk management and assesses the steps management has taken to control significant risks.

•The Audit Committee oversees risks pertaining to cybersecurity. Protecting our systems, networks, data and confidential information is a priority at Groupon. We are committed to maintaining robust governance and oversight of these risks and implementing mechanisms, controls, technologies, and processes designed to help us identify, assess and manage these risks. As part of our cybersecurity program we employ security practices to protect and maintain the systems located at our hosting providers, invest in intrusion and anomaly detection tools and engage third-party security firms to test the security of our websites and systems. Specifically, we leverage industry best practices to identify and mitigate data security risks, including but not limited to, utilizing processes and tools to monitor and address email security, the security of our workstations and servers, cloud security, password management, secure file transfers, and ransomware protection. In addition, we utilize a firewall, a virtual private network, multi-factor authentication and single sign-on, and conduct regular phishing testing. We also regularly evaluate and assess our systems and the controls, processes and practices to protect those systems, including recently completing the migration of our public-facing websites and applications and our back-end business intelligence systems to the cloud. We also retain personnel that have in-depth experience in penetration testing and conduct penetration testing against our own systems. Further, we utilize third party partners to help us monitor issues that are internally discovered or externally reported that may affect our websites and mobile applications, and we have processes to assess the potential cybersecurity impact or risk of these issues. We maintain a cybersecurity risk management program that is overseen by our Information Security & IT teams. A member of our Information Security & IT teams regularly reports to the Audit Committee on the state of our cybersecurity program and provides updates on cybersecurity matters. In addition, we conduct an annual cybersecurity review with our Board.

•The Compensation Committee oversees risks relating to compensation programs and policies to ensure that our compensation programs do not encourage unnecessary risk-taking.

•The Nominating Committee oversees risks relating to our governance structure.

•The Artificial Intelligence Committee oversees risk pertaining to the Company's adoption and implementation of artificial intelligence, including related governance practices and ethical frameworks.

•Each committee charged with risk oversight reports to the Board on such matters.

8 | Groupon Proxy Statement and Notice of 2026 Annual Meeting

Corporate Governance Guidelines and Committee Charters

Our Corporate Governance Guidelines and the charters of the Audit Committee, the Compensation Committee, the Nominating Committee, and the Artificial Intelligence Committee describe our governance framework. The Corporate Governance Guidelines and committee charters are intended to ensure our Board has the necessary authority and practices in place to review and evaluate our business operations and to make decisions that are independent of management. Our Corporate Governance Guidelines also are intended to align the interests of directors and management with those of our stockholders, and comply with or exceed the requirements of Nasdaq and applicable law. They establish the practices our Board follows with respect to such issues as:

•Board composition and member selection;

•Board meetings and involvement of senior management;

•CEO performance evaluation;

•management succession planning;

•Board committees; and

•director compensation.

Pursuant to the Corporate Governance Guidelines, the Board conducts self-evaluations to assess its adherence to the Corporate Governance Guidelines and committee charters and to identify opportunities to improve Board performance. The Board regularly reviews our Corporate Governance Guidelines and committee charters and updates them as necessary to reflect changes in regulatory requirements and evolving oversight practices.

Meetings and Meeting Attendance

Our Board holds regularly scheduled quarterly meetings and also holds special meetings or acts by unanimous written consent as necessary. Our Board met five times during 2025.

All of our directors attended 100% of the aggregate of all Board meetings and meetings of the committees on which they served during the last fiscal year. We do not maintain a formal policy regarding director attendance at annual stockholder meetings. None of our directors attended the 2025 annual meeting of stockholders.

Board Committees

Our Board has four standing committees: an Audit Committee, a Compensation Committee, a Nominating Committee, and an Artificial Intelligence Committee. Each committee operates pursuant to a written charter, and each of the Audit Committee, Compensation Committee, and Nominating Committee is comprised entirely of independent directors. The table below provides the membership for each of the Board committees.

Director

Audit

Compensation

Nominating

Artificial Intelligence

Robert Bass

Chair

Jan Barta

Jason Harinstein

Chair

Ted Leonsis

Chair

Dusan Senkypl

Amit Shah

Chair

Below is a description of each standing committee. Each committee has authority to engage legal counsel or other advisors or consultants as it deems appropriate to carry out its responsibilities.

Audit Committee

The Audit Committee assists our Board in overseeing the quality and integrity of our accounting, auditing and reporting practices. The Audit Committee’s role includes:

•overseeing the work of our accounting function and internal controls over financial reporting;

•overseeing internal audit processes;

9 | Groupon Proxy Statement and Notice of 2026 Annual Meeting

•an annual engagement with a corporate governance consultant or outside legal counsel regarding trends and developments in the law and/or corporate best practices relating to corporate governance and audit committee responsibilities;

•inquiring about significant risks, reviewing our policies for risk assessment and risk management, including cybersecurity risks, and assessing the steps management has taken to control these risks; and

•reviewing compliance with significant applicable legal and regulatory requirements.

The Audit Committee is responsible for the appointment, compensation, retention, review and oversight of the independent registered public accounting firm engaged to issue audit reports on our consolidated financial statements and internal control over financial reporting. The Audit Committee relies on the expertise and knowledge of management and the independent registered public accounting firm in carrying out its oversight responsibilities. The Audit Committee Charter describes the Committee’s specific responsibilities. The Board has determined that each Audit Committee member has sufficient knowledge in financial and auditing matters to serve on the Committee and that each of Robert Bass, Jason Harinstein, and Ted Leonsis is an “audit committee financial expert” as defined by SEC rules.

The Audit Committee met four times in 2025.

Compensation Committee

The primary responsibilities of the Compensation Committee are to:

•assist our Board in establishing the annual goals and objectives relevant to the compensation of the CEO;

•evaluate and approve the compensation of the CEO;

•oversee compensation of directors;

•evaluate and approve the compensation of the Company’s other executive officers;

•oversee and advise our Board on the adoption of policies that govern executive officer compensation programs and other compensation-related polices, including the Clawback Policy described below;

•oversee plans for executive officer development and succession;

•oversee administration of our equity and incentive plans, policies, practices, and programs; and

•authorize grants of equity compensation awards under our stock plan.

As permitted by law and pursuant to the terms of the 2011 Incentive Plan, the Compensation Committee may delegate to certain persons, including the CEO, the authority to make equity compensation grants to employees who are not executive officers.

Our CEO and senior members of our Human Resources department are responsible for providing recommendations to the Compensation Committee regarding our executive compensation program. None of our executives participates in Compensation Committee deliberations relating to his or her own compensation. To evaluate each senior officer’s overall compensation, the Compensation Committee reviews total direct and indirect compensation details prepared by management and other information deemed appropriate and advisable by the Compensation Committee.

The Compensation Committee Charter describes the specific responsibilities and functions of the Compensation Committee. See “Compensation Discussion & Analysis” for more information about the Committee’s role and responsibilities.

The Compensation Committee met seven times in 2025.

Nominating Committee

The principal responsibilities of the Nominating Committee are to:

•determine and recommend director nominees for election to our Board;

•identify and recommend candidates to fill director vacancies occurring between annual stockholder meetings;

•review the composition of Board committees;

•annually evaluate the performance and effectiveness of the Board; and

•monitor adherence to, review, and recommend changes to our Corporate Governance Guidelines and other related corporate governance policies.

The Nominating Committee Charter describes the specific responsibilities and functions of the Committee.

The Nominating Committee met four times in 2025.

10 | Groupon Proxy Statement and Notice of 2026 Annual Meeting

Artificial Intelligence Committee

The Artificial Intelligence Committee assists the Board in overseeing the Company’s strategy, opportunities, and risks relating to artificial intelligence ("AI") technologies and related governance. The Artificial Intelligence Committee’s role includes:

•advising management and the Board on the Company's AI strategy;

•overseeing management's development and implementation of a responsible AI framework;

•reviewing the Company's AI-related principles, policies, and practices, including management's readiness for and compliance with applicable AI-related laws and regulations;

•overseeing risks associate with AI models, security, and third-party AI providers, including platforms and vendors;

•reviewing and monitoring the human capital and organizational impact of AI; and

•coordinating with the Audit and Compensation Committees on AI-related matters.

The Artificial Intelligence Committee Charter describes the specific responsibilities and functions of the Committee.

The Artificial Intelligence Committee was established by the Board on March 9, 2026 and did not hold any meetings in 2025.

11 | Groupon Proxy Statement and Notice of 2026 Annual Meeting

HOW TO COMMUNICATE
WITH THE BOARD

Stockholder Engagement

We recognize the value of stockholder feedback, and our relationship with our stockholders is an integral part of our corporate governance practices. We maintain active, year-round engagement and meet regularly with our stockholders to engage on issues that are important to our stockholders and to understand their perspectives on a variety of matters, including executive compensation, corporate governance matters, corporate strategy and financial performance.

In general, as part of our corporate governance engagement strategy we have also implemented a more targeted engagement program to better understand stockholder views on our executive compensation program and corporate governance policies and practices ahead of our Annual Meeting. Going forward, we intend to continue the dialogue with our stockholders on the matters described above and provide updates on future developments in these areas. Based in part on stockholder feedback, we have continued to revise our disclosure over the past several years in order to improve its effectiveness, including increasing proxy statement disclosures regarding our director skills and qualifications, Board risk management (including relating to cybersecurity) and executive compensation program, enhancing the design of our proxy statement and updating our corporate website disclosures.

In addition to the engagement described above, we also communicate with our stockholders through a number of routine forums, including quarterly earnings calls, SEC filings, our annual report and proxy statement, our annual meeting of stockholders, investor meetings and conferences and our Investor Relations website. As appropriate, we relay stockholder feedback and trends on corporate governance developments to our Board and its committees and work with them to both enhance our governance practices and strengthen our disclosures.

We expect to continue our stockholder engagement program in 2026 to further enhance and deepen our relationship with our stockholders.

Investor Relations Website

If you would like additional information about our corporate governance practices, you may view the following documents on our website at investor.groupon.com:

•Audit Committee Charter

•Compensation Committee Charter

•Nominating Committee Charter

•Artificial Intelligence Committee Charter

•Corporate Governance Guidelines

•Code of Conduct

•Disclosure Controls & Procedures

•Insider Trading Policy

We will provide any of the foregoing information without charge upon written request to the Corporate Secretary c/o Legal Department, Groupon, Inc., 35 W. Wacker, Floor 25, Chicago, Illinois 60601. In addition, stockholders and other interested parties may communicate with any of our directors, including our independent directors or all the directors as a group, by writing to the Corporate Secretary c/o Legal Department, Groupon, Inc., 35 W. Wacker, Floor 25, Chicago, Illinois 60601, and we will forward relevant communications to the appropriate directors depending on the facts and circumstances outlined in the communication. The information on our website is not part of this Proxy Statement and is not deemed to be incorporated by reference herein.

12 | Groupon Proxy Statement and Notice of 2026 Annual Meeting

DIRECTOR COMPENSATION

We believe it is essential for our long-term success to attract highly talented candidates for our Board. Commensurate with this philosophy, we offer an annual cash and equity compensation program for our non-employee directors under our Non-Employee Directors’ Compensation Plan (a sub-plan of the 2011 Incentive Plan) (the “Director Compensation Plan”), which was amended as of March 9, 2026, to incorporate the Artificial Intelligence Committee. The compensation of our non-employee directors is reviewed regularly by the Board upon recommendation from the Compensation Committee. Details of the Director Compensation Plan for the fiscal year ended December 31, 2025 are provided below, which did not change as compared to the Director Compensation Plan for the fiscal year ended December 31, 2024.

Components of Director Compensation

The following table provides a summary of the components of the Director Compensation Plan in effect for fiscal year 2025:


Position	Cash Retainer ($)	RSU Award ($)	Total ($)
Board Member	75,000	175,000	250,000
Non-Executive Board Chair	16,667	33,333	50,000
Audit Chair	13,333	26,667	40,000
Audit Member (non-chair)	10,000	—	10,000
Compensation Chair	6,667	13,333	20,000
Compensation Member (non-chair)	5,000	—	5,000
Nominating & Governance Chair	5,000	10,000	15,000
Nominating & Governance Member (non-chair)	5,000	—	5,000

Cash retainers are paid quarterly, and under the Director Compensation Plan, each non-employee director can elect to defer 100% of the annual cash retainer and 100% of the additional annual committee chair or member cash retainer into an award of deferred stock units. The number of deferred stock units to be awarded is determined by dividing the amount of the cash retainer to be exchanged by the fair market value of a share of common stock as of the date on which the cash retainer would otherwise have been paid. Deferred stock units are fully vested upon issuance and will be distributed following a non-employee director’s separation from service. Distributions are made in a single distribution in the form of shares.

Each non-employee director receives an annual grant of restricted stock units (“RSUs”) on the date of our annual meeting of stockholders, which vests 100% on the first anniversary of the annual meeting of the stockholders as long as the non-employee director remains on the Board on the vesting date (or earlier in the event of the non-employee director’s separation due to death, disability or retirement or in the event of a change in control). The number of RSUs granted is determined by dividing the dollar amount of the grant by the fair market value of a share of our common stock on the date of grant. A non-employee director may elect to defer receipt of vested RSUs until his or her separation from service.

In the event a newly-elected or appointed non-employee director becomes an eligible participant under the Director Compensation Plan following the date of the annual meeting of stockholders but during the same calendar year as the annual meeting of stockholders, the Board may, in its sole discretion, grant such non-employee director a pro-rated RSU award with respect to his or her service during the remainder of the year. The Company also pays or reimburses non-employee directors for reasonable travel, lodging and related expenses in connection with their attendance at Board, Committee or Company business meetings.

2025 Director Compensation

The following table sets forth the actual compensation paid to non-employee directors under the Director Compensation Plan for the fiscal year ended December 31, 2025.


Name	Fees Earned or Paid in Cash ($)(1)	Stock Awards ($)(2)	Total ($)
Robert Bass	93,333	201,667	295,000
Jan Barta(3)	—	—	—
Dusan Senkypl(4)	—	—	—
Jason Harinstein	91,667	188,333	280,000
Ted Leonsis(5)	106,667	218,333	325,000

(1)This column represents the amount of cash compensation earned in 2025 for Board and committee service. None of the non-employee directors elected to defer their cash compensation earned in 2025 into deferred stock units under the Director Compensation Plan.

13 | Groupon Proxy Statement and Notice of 2026 Annual Meeting

(2)Amounts disclosed in this column relate to the following June 11, 2025 grants of RSUs made under our Director Compensation Plan: 6,174 RSUs to Mr. Bass, 5,766 RSUs to Mr. Harinstein, and 6,685 RSUs to Mr. Leonsis. 100% of the RSUs will vest on June 11, 2026. With respect to each RSU grant, the amounts disclosed generally reflect the grant date fair value computed in accordance with FASB ASC Topic 718 ("ASC 718"), and do not reflect amounts actually paid to, or realized by, each director in 2025. For additional information, see Note 11 to the Company’s audited consolidated financial statements for the year ended December 31, 2025, included in the Company’s Annual Report on Form 10-K for the year ended December 31, 2025, filed with the SEC on March 10, 2026. As of December 31, 2025, each non-employee director had the following aggregate number of stock awards outstanding:


Name			Number of Outstanding RSUs
Robert Bass			6,174
Jan Barta			—
Jason Harinstein			5,766
Ted Leonsis			6,685

(3)Mr. Barta elected to forego director compensation in 2025.

(4)Mr. Senkypl serves as an employee of Groupon and received no additional compensation for his service as a director. See the 2025 Summary Compensation Table for his total compensation.

(5)Mr. Leonsis served as Non-Executive Board Chair during fiscal year 2025. The amounts reported reflect the additional annual cash retainer of $16,667 and RSU award of $33,333 payable to the Non-Executive Board Chair under the Director Compensation Plan, in addition to the standard Board member retainer and applicable committee retainers.

2026 Director Compensation Changes

Effective March 9, 2026, the Board approved an amendment to the Director Compensation Plan to include the Artificial Intelligence Committee among the committees eligible for additional compensation, with the following annual additional retainers:

•$40,000 for the Chair of the Artificial Intelligence Committee; and

•$10,000 for each other non-chair member of the Artificial Intelligence Committee.

Further, as part of its ongoing governance practices, the Compensation Committee undertook a review of the Company’s non-employee director compensation program to assess its competitiveness relative to the Company’s peer groups. In connection with this review, the Compensation Committee engaged an independent compensation consultant to evaluate director compensation against both the Company’s fiscal year 2023 peer group and its recently approved fiscal year 2025 custom peer group and to provide recommendations.

The Compensation Committee noted that no adjustments to non-employee director compensation had been made in the past six years, compared to typical market practice, where such adjustments are generally considered every two to three years. Following this review, and based on the consultant’s analysis and recommendations, on April 27, 2026, the Board approved the following changes to non-employee director compensation, effective for 2026:

•An increase to the annual equity grant for non-employee directors to $195,000 (an increase of $20,000); and

•An increase to the annual retainer for the non-executive Chair to $75,000 (an increase of $25,000).

Director Stock Ownership Guidelines and Stock Holding Requirements

We maintain stock ownership guidelines that require each non-employee director to beneficially own Company common stock, as follows:

Ownership and Holding Guidelines

Measurement Requirements

2025 Compliance

• Common stock with a value of at least 3X the director’s annual cash retainer

• Meet ownership requirement by the later of April 1, 2021, or 5 years after initial election

• A director must retain 50% of net shares acquired upon the vesting of equity awards until the director meets the ownership requirements

The following shares count towards compliance:

• Shares owned outright and beneficially

• Shares equal to the number of deferred stock units credited under our Director Compensation Plan

• Unvested RSUs

• All directors were in compliance or on track to comply with the guidelines as of December 31, 2025

• Compliance is measured annually as of December 31st

14 | Groupon Proxy Statement and Notice of 2026 Annual Meeting

COMPENSATION DISCUSSION
& ANALYSIS

This Compensation Discussion and Analysis provides information regarding the 2025 compensation program for each person who served as our principal executive officer or principal financial officer during 2025, as well as our other executive officer serving at fiscal year-end (collectively, our "Named Executive Officers" or "NEOs"). For 2025, our Named Executive Officers were:

•Dusan Senkypl, Chief Executive Officer ("CEO");

•Jiri Ponrt, who served as Chief Financial Officer ("CFO") through August 31, 2025 and transitioned to the role of Chief Operating Officer ("COO") effective September 1, 2025; and

•Rana Kashyap, who was appointed Chief Financial Officer ("CFO") effective September 1, 2025 and served in that role through the end of fiscal year 2025.

This Compensation Discussion and Analysis describes the material elements of our executive compensation program during 2025 and provides an overview of our executive compensation philosophy, including our principal compensation policies and practices. In addition, it analyzes how and why the Compensation Committee of our Board (the “Compensation Committee”) arrived at the specific compensation decisions for our Named Executive Officers in 2025 and discusses the key factors that the Compensation Committee considered in determining their compensation.

2025 Business Summary and Financial Results

Groupon is a global scaled two-sided marketplace that connects consumers to merchants. Consumers access our marketplace through our mobile applications and our websites, which are primarily localized groupon.com websites in thirteen countries. We operate in two segments, North America and International, and in three categories, Local, Goods and Travel.

2025 Financial Results

Our financial results as of and for the year ended December 31, 2025 are set forth below:

Revenue

Gross Profit

Net Income (loss) from continuing operations

Adjusted EBITDA(1)

Operating Cash Flow

$498.4 million

$452.5 million

$(81.1) million

$69.3 million

$64.5 million

(1)Adjusted Earnings Before Interest, Taxes, Depreciation and Amortization (“EBITDA”) is a non-GAAP financial measure. Please see “Appendix A - Adjusted EBITDA Information and Reconciliation” for more information.

2025 Executive Compensation Highlights

In 2025, Groupon continued to strengthen its leadership team to drive the company's transformation and enhance stockholder value. Mr. Senkypl continued in his role as CEO throughout 2025. Mr. Ponrt served as CFO until August 31, 2025, at which point he transitioned to the role of COO. Mr. Kashyap was appointed as CFO effective September 1, 2025. In determining 2025 executive compensation, the Compensation Committee considered these leadership changes and aimed to balance the goals of stabilizing the business, incentivizing performance, and attracting, motivating and retaining our leadership team.

The key decisions and aspects of our 2025 executive compensation program for our Named Executive Officers are summarized below:

•Mr. Senkypl's base salary rate remained unchanged from 2024. Mr. Ponrt's base salary rate remained unchanged in connection with his transition from CFO to COO. Mr. Kashyap's base salary rate also remained unchanged in connection with his transition to CFO.

•All our NEOs participated in the 2025 performance-based annual bonus plan ("Annual Bonus Plan"), under which a bonus could only be earned based on achieving certain Revenue and Adjusted EBITDA goals aligned with the Company's 2025 financial plan. The Compensation Committee authorized Mr. Senkypl's, Mr. Ponrt's, and Mr. Kashyap's Annual Bonus Plan payout at 36.27% of target, which was in alignment with other executives who were eligible for a bonus.

15 | Groupon Proxy Statement and Notice of 2026 Annual Meeting

•All our NEOs were eligible to receive equity awards under the 2011 Incentive Plan in 2025. In connection with the 2025 vesting events under the 2024 PSU Program, the Compensation Committee exercised its discretion to apply a 5% reduction to the number of PSUs that would otherwise have vested at each of the three vesting events in 2025 for Messrs. Senkypl and Ponrt. Rather than simply forfeiting these reduced units, the Committee granted equivalent replacement PSU awards subject to an additional, secondary vesting hurdle: the awards vest only upon (i) the Company's remediation of the material weakness in its internal control over financial reporting identified as of December 31, 2022, and (ii) the recipient's continued active service through the date of such remediation. This structure reflects the Committee's judgment that a portion of otherwise-earned compensation should remain at risk and directly tied to a critical operational milestone. As of March 12, 2026, both vesting conditions had been achieved, and the PSUs vested on March 12, 2026. Mr. Kashyap received a separate grant of PSUs prior to his appointment as CFO, which vest only if the Company's stock price reaches certain hurdles and the recipient remains in active service through defined service dates.

Each of the 2025 compensation elements is discussed in more detail below in “Elements of Executive Compensation.”

Compensation-Related Policies and Practices

Our executive compensation program reflects our compensation philosophy by incorporating certain compensation-related policies and practices while avoiding other more problematic or controversial policies and practices, as follows:

What We Do

•Maintain an independent Compensation Committee

•Retain an independent compensation consultant, which reports directly to the Compensation Committee and provides no other material services to us

•Conduct executive compensation reviews and compare our program against the competitive market and best practices

•Establish measurable performance objectives and maximum award levels under our performance based compensation programs, if applicable

•Generally vest annual equity awards over multi-year periods

•Conduct an annual non-binding advisory stockholder vote on Named Executive Officer compensation (a “Say-on-Pay” vote)

•Regularly engage with our stockholders to get their perspectives on executive compensation and corporate governance matters

•Conduct regular risk assessments of our compensation programs

•Maintain stock ownership and stock holding requirements for our executive officers

•Maintain a compensation recovery policy covering our executives

•Require our executive officers to pre-clear all stock trades (other than pursuant to an approved Exchange Act Rule 10b5-1 trading plan) even during an open window period

•Review the risks associated with key executive officer positions to ensure adequate succession plans are in place

16 | Groupon Proxy Statement and Notice of 2026 Annual Meeting

What We Don’t Do

•Provide uncapped award opportunities

•Offer pension arrangements, supplemental retirement plans, or non-qualified deferred compensation arrangements to our executive officers

•Offer enhanced health and welfare benefits programs to our executive officers that are above and beyond those offered to our regular employees

•Provide excessive perquisites or other personal benefits to our executive officers

•Provide any tax reimbursement payments (including “gross-ups”) on any severance or change-in-control payments or benefits

•Permit our employees (including our executive officers) and directors to hedge our equity securities, subject to limited exceptions

•Permit our employees (including our executive officers) and directors to pledge our equity securities, subject to limited exceptions

•Pay dividends or dividend equivalents on unvested or unearned equity awards

•Permit the repricing of stock options without stockholder approval

Clawback Policy

In the wake of the SEC’s promulgation of the final Dodd-Frank Wall Street Reform and Consumer Protection Act (the “Dodd-Frank Act”) clawback rules in January 2023 and the related Nasdaq listing standards implementation in October 2023, we updated our compensation recovery policy, which became effective as of October 2, 2023. The policy provides that following an accounting restatement, the Compensation Committee must assess whether any incentive-based compensation paid to executive officers was in excess of what should have been paid based on the revised financials, and thus should be subject to recovery. The policy applies to both current and former Section 16 Officers (and such other executives as specified by the Compensation Committee), regardless of such executive’s fault, misconduct or involvement in causing the restatement. In addition, the policy also permits the Compensation Committee to recover incentive-based compensation where intentional acts of fraud or dishonesty by a covered executive result in a material financial loss to the Company regardless of whether such acts result in noncompliance with any financial reporting requirement. The policy covers a three-year period preceding the date on which the Company is required to prepare an accounting restatement. The look-back period is not retroactive for compensation received prior to the policy’s October 2, 2023 effective date. For incentive-based compensation received prior to October 2, 2023, our prior compensation recovery policy will remain in effect. A copy of the Company's Clawback Policy is included as Exhibit 97 to our Annual Report on Form 10-K for the fiscal year ended December 31, 2025.

Stockholder Advisory Vote on Named Executive Officer Compensation

Following our 2024 advisory votes on the frequency of the advisory vote to approve our Named Executive Officer compensation (the “Say-on-Frequency” vote), the Compensation Committee resolved to continue to conduct an annual “Say-on-Pay” vote to ensure that stockholder input informs our compensation philosophy and decisions. At our 2025 annual meeting of stockholders, approximately 98% of the shares entitled to vote on our “Say-on-Pay” proposal at the meeting (excluding abstentions and broker non-votes) approved the compensation of our named executive officers as disclosed in our 2025 definitive proxy statement. This 2025 approval percentage remains the same as our 2024 Say-on-Pay vote. As the Compensation Committee reviewed our executive compensation policies and practices since this Say-on-Pay vote and made its compensation decisions for 2025, it has been mindful of the level of support our stockholders have expressed for our approach to executive compensation and also considered feedback from our stockholder engagement efforts, and did not make any changes to the compensation program as a direct result of this vote. For 2025 the Committee continued to apply the same general compensation principles and philosophy in the components of the 2025 executive compensation program that were used in 2024.

The Compensation Committee recognizes that pay practices continue to evolve, and as a result, it continues to refine our executive compensation policies and practices in its ongoing effort to ensure our executive compensation program supports our compensation philosophy and objectives, as well as our overall corporate goals and values.

We believe in the importance of engaging with and listening to our stockholders. As part of our ongoing efforts over the past several years, we have enhanced our executive compensation program and corporate governance policies and practices based, in part, on the feedback we have received from our stockholders. In particular, we have conducted stockholder outreach to discuss our executive compensation program, among other things, with our significant stockholders. For additional information, see “How to Communicate with the Board – Stockholder Engagement.”

17 | Groupon Proxy Statement and Notice of 2026 Annual Meeting

Compensation Philosophy

On an annual basis, the Compensation Committee reviews our compensation philosophy, programs, and practices to ensure that they meet the needs of not only the Company, but also our stockholders. Our philosophy is to establish and maintain an executive compensation program that attracts proven, talented leaders who possess the skills and experience necessary to achieve our financial, operational and strategic goals, while materially adding to our long-term value without creating excessive risk to the organization. We seek to structure our executive compensation packages to be consistent with the competitive market and to align the long-term interests of our Named Executive Officers and stockholders so that pay appropriately reflects performance in achieving our financial, operational and strategic objectives. Specifically, our executive compensation program is designed to:

•recruit and retain talented and experienced individuals who are able to develop, implement, and deliver on long-term value creation strategies;

•ensure that our compensation is reasonable and competitive with the pay packages made available to executives at companies with which we compete for executive talent;

•provide a substantial portion of each executive officer’s compensation in elements that are directly tied to our long-term value and growth in alignment with the interests of our stockholders;

•reward both company and individual performance and achievement; and

•ensure that our compensation structure does not encourage unnecessary and excessive risk-taking.

Year-over-year changes in the elements of our compensation program were driven primarily by the unique circumstances faced by the Company in recent years (including 2025) rather than by a change in long-term philosophy and generally remained consistent with our philosophy.

Governance of Executive Compensation Program

Role of Compensation Committee

The Compensation Committee, which is composed entirely of independent directors, discharges the responsibilities of our Board with respect to the compensation of our Named Executive Officers and the non-employee members of our Board. Specifically, the Compensation Committee approves our compensation philosophy and oversees the design, development, and implementation of our executive compensation program and related policies and practices to ensure that they are consistent with the long-term interests of our stockholders. This includes having final authority to review and approve the compensation of our CEO and our other Named Executive Officers. For a discussion of our compensation philosophy and the principal objectives of our executive compensation program, see “Compensation Philosophy” above.

The Compensation Committee operates under a written charter adopted by our Board.

In carrying out its responsibilities, the Compensation Committee determines the amounts and allocates the mix of compensation between base salary, target annual performance-based bonus opportunities and long-term incentive compensation for our Named Executive Officers. The Compensation Committee also selects the performance measures and establishes the target levels for our performance-based bonuses. In 2025, the Compensation Committee continued to focus on selecting appropriate measures and establishing meaningful performance baselines for these awards in light of our management transitions, our overall business performance, our ongoing restructuring actions and unpredictable impacts of the macroeconomic environment on our business. The Compensation Committee also sought to balance maintaining stability with continuing to execute against our strategy for recovery and future growth in order to drive long-term stockholder value creation. The Compensation Committee also designs, approves, and oversees our 2011 Incentive Plan, grants all equity awards to our Named Executive Officers and has the authority to grant equity awards to other eligible employees in accordance with the terms of the 2011 Incentive Plan.

The Compensation Committee reviews our compensation recovery policy, post-employment compensation arrangements, other executive benefits, and, if applicable, retirement benefits and perquisites from time to time. In addition, the Compensation Committee reviews and evaluates the risks associated with our compensation philosophy and executive compensation program as discussed under “Compensation Risk Assessment” below.

Further, the Compensation Committee is responsible for reviewing, discussing, and approving the Compensation Discussion and Analysis and the accompanying Compensation Committee Report for inclusion in the annual proxy statement that we file with the SEC.

To promote independent decision-making on executive compensation matters, the Compensation Committee regularly meets in executive session without management present, often with the participation of its compensation consultant. The Compensation Committee regularly assesses the effectiveness of our executive compensation program in driving performance, and uses stockholder feedback, competitive market data, applicable regulatory requirements and external trends to inform its decision-making.

18 | Groupon Proxy Statement and Notice of 2026 Annual Meeting

Compensation-Setting Process

The Compensation Committee has historically reviewed our executive compensation program and the elements of compensation of our Named Executive Officers on an annual basis, usually in the first quarter of the year. The Compensation Committee also will consider adjustments to the compensation of our Named Executive Officers at other times during the year if a change in the scope of an executive officer’s role and responsibilities or other developments or circumstances warrant such consideration.

The Compensation Committee engages the services of a compensation consultant and considers the analysis and advice of its compensation consultant in discharging its responsibilities. Representatives of the compensation consultant attend Compensation Committee meetings and have direct access to Compensation Committee members.

In determining the amount of each element of compensation and the target total direct compensation of our Named Executive Officers, the Compensation Committee does not use a single method or measure in arriving at its decisions. In making decisions about the compensation of our Named Executive Officers, the Compensation Committee relies primarily on its general experience and subjective considerations of various factors, including, without limitation, the following:

•Our executive compensation program objectives;

•Our performance against the financial, operational, and strategic objectives established by the Compensation Committee and our Board;

•The impact of any unique circumstances, challenges or developments affecting the Company;

•An individual Named Executive Officer’s knowledge, skills, experience, qualifications, and tenure relative to other similarly situated executives at the companies in our compensation peer group;

•The scope of a Named Executive Officer’s role and responsibilities compared to other similarly situated executives at the companies in our compensation peer group;

•The performance of an individual Named Executive Officer, based on a subjective assessment of his or her contributions to our overall performance, ability to lead his or her business unit or function, and work as part of a team, all of which reflect our core values;

•The potential of an individual Named Executive Officer to contribute to our long-term financial, operational, and strategic objectives;

•The proposed compensation packages of our other Named Executive Officers (internal pay equity);

•The compensation practices of our compensation peer group; and

•The recommendations of our CEO with respect to the compensation of our other Named Executive Officers.

These factors provide the framework for compensation decision-making and final decisions regarding the target total direct compensation opportunity for each Named Executive Officer. No single factor is determinative in setting compensation levels, nor is the impact of any individual factor on the determination of pay levels quantifiable. The Compensation Committee does not weigh these factors in any predetermined manner, nor does it apply any formulas in developing its compensation decisions.

Role of Management

The Compensation Committee generally seeks input from our CEO and senior members of our Human Resources department when evaluating the performance and compensation of our Named Executive Officers, as well as during the process of negotiating compensation packages with new senior executive hires. The Compensation Committee gives considerable weight to our CEO’s evaluation of our other Named Executive Officers because of his direct knowledge of each individual’s performance and contributions.

The Compensation Committee solicits and reviews our CEO’s recommendations and proposals with respect to adjustments to target total cash compensation, long-term incentive compensation opportunities, program structures, and other compensation-related matters for our executive officers (other than with respect to his own compensation). The Compensation Committee reviews and discusses these recommendations and proposals with our CEO and considers them as one factor in determining the compensation for our Named Executive Officers.

Our CFO and Chief Accounting Officer also work with senior members of our Human Resources department to advise the Compensation Committee with regard to the financial and accounting implications of our compensation programs and hiring decisions.

None of our Named Executive Officers participates in or is present during Compensation Committee deliberations relating to his or her own compensation. Further, in accordance with Nasdaq listing standards, the CEO does not vote on nor is he present when his own compensation is discussed or approved.

19 | Groupon Proxy Statement and Notice of 2026 Annual Meeting

Role of Compensation Consultant

The Compensation Committee engages an external compensation consultant to assist it in discharging its responsibilities. This compensation consultant, who reports directly to the Compensation Committee, provides competitive market data, analysis, and other resources to help execute our overall executive compensation strategy. The Compensation Committee directs the compensation consultant to work with the appropriate members of management to obtain information necessary to prepare its analysis of our executive compensation program and evaluate our CEO’s recommendations. The compensation consultant also meets with the Compensation Committee during its regular meetings and in executive session, where no members of management are present, and can meet with the Compensation Committee chair and other members of the committee outside of regular meetings. The Compensation Committee has the sole power to hire, terminate or replace the compensation consultant at any time and periodically reviews its relationship with the compensation consultant.

For 2025, the Compensation Committee engaged Exequity LLP, a national compensation consulting firm (“Exequity”), as its compensation consultant to advise on executive compensation matters and provide data and an analysis of competitive market pay practices for our CEO, CFO, and COO. Although we may retain the Compensation Committee’s compensation consultant for discrete projects from time to time, Exequity did not provide any other material services to the Company (separate from consulting advice provided to the Compensation Committee) in 2025.

The Compensation Committee has a policy for compensation consultant independence under which any compensation consultant retained by the committee must be independent of the Company and management. The Compensation Committee reviewed the independence of Exequity in light of this policy, SEC rules, and the applicable Nasdaq listing standards regarding compensation consultants and has concluded that Exequity’s work for the committee did not raise any conflict of interest and that Exequity was able to provide the Compensation Committee with independent advice.

Use of Competitive Market Data

As part of its compensation setting process, the Compensation Committee, with the assistance of its compensation consultant, regularly reviews and updates our compensation peer group and other compensation data to ensure that it remains appropriate for review and comparison purposes.

Historically, the compensation peer group has generally reflected companies in the Internet / Software & Services and Online & e-Commerce, and related industries whose businesses align with ours, as well as other companies with a size comparable to ours based on revenue and market capitalization. For 2025, the Compensation Committee, with the assistance of Exequity, conducted a comprehensive review of the compensation peer group. The review resulted in a refined 14-company peer group composed of companies with which we compete for executive talent and that share similar business characteristics, financial profiles, and operating models. The peer group includes Angi Inc., CarGurus, Inc., Cars.com Inc., Eventbrite, Inc., EverQuote, Inc., MediaAlpha, Inc., Nextdoor Holdings, Inc., QuinStreet, Inc., Tripadvisor, Inc., TrueCar, Inc., Upwork Inc., Vivid Seats Inc., Yelp Inc., and ZipRecruiter, Inc. The peer group was constructed to position Groupon close to the median of the group on key size metrics, including revenue and market capitalization. The technology labor market for executive-level talent remains highly competitive, particularly for leaders capable of driving business transformation and managing operations at scale. The Compensation Committee believes that it is necessary to consider these factors in making compensation decisions in order to attract and retain talent.

We also participate in surveys of market compensation practices in our industry and broadly across other industries and undertake specialized studies of competitive market practices using the most relevant published survey sources and public filings.

For 2025, the Compensation Committee used market data drawn from the survey data and public filings to evaluate the competitive market when determining the target total direct compensation for our CEO and CFO. While the Compensation Committee considers this information, it does not engage in strict benchmarking to a fixed percentile. The Compensation Committee relies on the expertise of its members to develop pay packages that are appropriate for each Named Executive Officer. Given the ongoing nature of the unique circumstances faced by the Company the past few years, the Company considered a variety of factors, in addition to market data, in continuing to evaluate and adjust its executive compensation program during 2025.

20 | Groupon Proxy Statement and Notice of 2026 Annual Meeting

Elements of Executive Compensation

For 2025, the target total direct compensation opportunities of our Named Executive Officers consisted of base salary, a target performance-based bonus opportunity and long-term incentive compensation in the form of PSU awards. The following table provides a summary of the 2025 compensation arrangements for our Named Executive Officers.

Elements of Executive Compensation and 2025 Snapshot


Type of Compensation	Compensation Element	Objective
Fixed	Base Salary	Provide competitive level of fixed compensation. Attract and retain key executive talent.
Variable Compensation (Performance-Based and All At-Risk)	Performance-Based Bonus	Motivate and reward executives for achieving annual Company financial objectives. Promote retention.
Variable Compensation (At-Risk Component)	Performance-Based PSU Awards	Directly align interests of executives with long-term stockholder value creation and promotes retention, especially with respect to PSU awards that require significant stock price appreciation to vest.

Base Salary

We offer competitive base salaries, which are intended to provide a level of stable fixed compensation to our Named Executive Officers for the performance of their day-to-day services. We generally use base salary to recognize the experience, skills, knowledge, and responsibilities of our Named Executive Officers, as well as to reflect competitive market practice. We review base salaries on an annual basis and may adjust base salaries during the year in response to significant changes in an executive's responsibilities or events that will impact the long-term retention of a key executive.

In determining the base salaries for our Named Executive Officers, the Compensation Committee takes into consideration a competitive market analysis of relevant compensation data for each position prepared by its compensation consultant, its assessment of competitive market conditions, and base salary and target total cash compensation relative to other executives in similar positions. The Compensation Committee also considers the recommendations of our CEO (other than with respect to his own base salary) and the factors described in “Governance of Executive Compensation Program – Role of Compensation Committee – Compensation-Setting Process” above.

The base salary rates of our Named Executive Officers for 2025 were as follows and remain unchanged from 2024:


Named Executive Officer	2025 Base Salary ($)	2024 Base Salary ($)	YoY % Change
Mr. Senkypl(1)	150,000	150,000	—%
Mr. Ponrt(2)	450,000	450,000	—%
Mr. Kashyap(3)	550,000	550,000	—%

(1) Mr. Senkypl's base salary rate remained unchanged from 2024.

(2) Mr. Ponrt's base salary rate remained unchanged from 2024.

(3) Mr. Kashyap's base salary rate did not change following his appointment as CFO.

The base salaries actually paid to our Named Executive Officers in 2025 are set forth in the “2025 Summary Compensation Table” below.

21 | Groupon Proxy Statement and Notice of 2026 Annual Meeting

Short-Term Incentive Compensation

2025 Performance-Based Bonus

In 2025, all our NEOs were eligible to participate in a bonus program. Messrs. Senkypl, Ponrt and Kashyap were eligible for annual bonuses subject to company performance (details in "Corporate Performance Measures" below).

The Compensation Committee can exercise downward discretion on payouts for individual Named Executive Officer performance based on recommendations from our CEO (other than with respect to his own performance-based bonus payout, if applicable). The Compensation Committee did not exercise such discretion for 2025.

2025 Performance-Based Target Bonus Opportunities

In April 2025, the Compensation Committee approved new annual target bonus opportunities for Messrs. Senkypl, Ponrt and Kashyap for 2025 after taking into consideration a competitive market analysis of the relevant compensation data for their positions prepared by its compensation consultant, its assessment of competitive market conditions, their performance-based bonus targets and total target annual cash compensation relative to other executives, and the factors described in “Governance of Executive Compensation Program - Role of Compensation Committee - Compensation-Setting Process” above. At the time Mr. Kashyap's target bonus opportunity was set in April 2025, he was not yet a Named Executive Officer. Mr. Kashyap's target bonus opportunity remained unchanged following his appointment as CFO effective September 1, 2025.

Messrs. Senkypl, Ponrt and Kashyap were eligible for the below 2025 annual target cash bonuses:


Named Executive Officer	2025 Target ($)	2025 Bonus Target (As a % of Base Salary)
Dusan Senkypl	150,000	100%
Jiri Ponrt	150,000	33%
Rana Kashyap	150,000	27%

Under the bonus program, the bonus payout is determined by the level of total corporate performance achieved, with linear-interpolation being used to determine the bonus payout if total corporate performance falls between two levels:


Performance Level			Bonus Payout
At or below threshold			0% of Target Bonus
Mid-Target			50% of Target Bonus
Target			100% of Target Bonus
At or above maximum			150% of Target Bonus

Corporate Performance Measures

In April 2025, the Compensation Committee selected Adjusted EBITDA1 (weighted 50%) and Revenue (weighted 50%) as the corporate performance measures for purposes of the 2025 Annual Bonus Plan:

•“Adjusted EBITDA” is a non-GAAP financial measure that we define as net income (loss) excluding income taxes, interest and other non-operating items, depreciation and amortization, stock-based compensation and other special charges and credits, including items that are unusual in nature or infrequently occurring.

•“Revenue” is earned through transactions during which we generate commissions by selling goods or services on behalf of third-party merchants. Revenue from those transactions is reported on a net basis as the purchase price collected from the customer for the offering less an agreed upon portion of the purchase price paid to the third-party merchant. Revenue also includes commissions we earn when customers make purchases with retailers using digital coupons accessed through our digital properties.

Adjusted EBITDA is a key measure used by our management and Board to evaluate operating performance, generate future operating plans and make strategic decisions for the allocation of capital. Accordingly, we believe that Adjusted EBITDA provides useful

1 Adjusted EBITDA is a non-GAAP financial measure.

22 | Groupon Proxy Statement and Notice of 2026 Annual Meeting

information to investors and others in understanding and evaluating our operating results. See “Appendix A” for a reconciliation of Adjusted EBITDA to the most comparable U.S. GAAP performance measure, “Net income (loss)”.

We use Revenue to evaluate our business because it is a key driver of stockholder value creation and because it incentivizes our executives to maximize our top line growth.

The Compensation Committee established threshold, mid-target, target and maximum performance levels for the measures of Adjusted EBITDA and Revenue, which were aligned with the Company’s 2025 financial plan.

Metric

Weight

Performance Level

Target Performance

(Constant Currency Basis)

Bonus Payout of Target Amount

Revenue

50%

Threshold

$485.3M

—%

Mid-Target

$496.3M

50%

Target

$507.3M

100%

Maximum

$518.4M

150%

Adjusted EBITDA

50%

Threshold

$65.0M

—%

Mid-Target

$70.6M

50%

Target

$76.3M

100%

Maximum

$82.0M

150%

In determining whether a performance level had been satisfied, the Compensation Committee, in its discretion, could exclude the impact of (i) special charges or credits relating to a divestiture, spin off, merger, acquisition or other business combination transaction, (ii) unforeseen, unusual or non-recurring charges or credits relating to the execution of the Company’s operating plan, including, without limitation, facilities exit costs, severance and contract termination costs which may not be included in any restructuring plan, and (iii) unforeseen, unusual or non-recurring events that significantly impact the Company’s business and operations.

For purposes of determining achievement of the 2025 Annual Bonus Plan performance targets, Revenue and Adjusted EBITDA were each measured on a constant currency basis, meaning that current period results were calculated as if foreign currency exchange rates had remained the same as those in effect when the performance targets were established. The Compensation Committee determined that measuring performance on a constant currency basis was appropriate because it reflects the underlying operational performance of the business, excluding the impact of foreign currency fluctuations that are outside of management's control. The threshold, mid-target, target, and maximum performance levels for Revenue and Adjusted EBITDA set forth above were established on a constant currency basis and are therefore not directly comparable to the as-reported GAAP figures included in the Company's financial statements.

2025 Performance-Based Bonus Results

For 2025, on a constant currency basis, we achieved Adjusted EBITDA of $69.2 million and Revenue of $493 million, resulting in a total bonus payout of 36.27% of target for Messrs. Senkypl, Ponrt and Kashyap, consistent with the other bonus-eligible executives. This resulted in an overall bonus payment of $54,405 for each of Messrs. Senkypl, Ponrt and Kashyap.

The constant currency results differ from our as-reported GAAP results of $69.3 million in Adjusted EBITDA and $498.4 million in Revenue, which reflect the impact of foreign currency fluctuations.

See “Appendix A” for a reconciliation of Adjusted EBITDA to the most comparable U.S. GAAP performance measure, “Net income (loss).”

Equity Awards

Our long-term incentive compensation program is designed to align the interests of our Named Executive Officers with the interests of our stockholders, promote the achievement of our financial and operational/strategic goals, and reward the creation of sustained long-term stockholder value while satisfying our retention objectives. In 2025, our long-term incentive compensation program consisted of PSU awards granted to our CEO, COO and CFO. We believe that these awards align the interests of our Named Executive Officers with those of our stockholders, provide some predictability to our Named Executive Officers in the value of their compensation and build stock ownership.

In general, we believe that PSU awards serve as an important motivator for our Named Executive Officers to drive financial performance and provide a direct pay-for-performance link between compensation and stockholder return, thereby motivating our Named Executive Officers to focus on and strive to achieve both our annual and long-term financial and strategic objectives, including

23 | Groupon Proxy Statement and Notice of 2026 Annual Meeting

stockholder value creation.

PSU Awards

During 2025, Mr. Senkypl and Mr. Ponrt each received three PSU awards, granted on May 23, 2025, June 24, 2025, and August 18, 2025, respectively. These awards were made in connection with the 2025 vesting events under the 2024 PSU Program, during which the Compensation Committee exercised its discretion to apply a vesting modifier resulting in a 5% reduction in the number of PSUs that would otherwise have vested at each such event. The number of PSUs granted at each of the three vesting events was 5,750 for Mr. Senkypl and 2,157 for Mr. Ponrt, resulting in aggregate 2025 grants of 17,250 PSUs for Mr. Senkypl and 6,471 PSUs for Mr. Ponrt under this program.

Prior to his appointment as CFO effective September 1, 2025, Mr. Kashyap received a grant of 174,243 PSUs on May 20, 2025 under the 2011 Incentive Plan. This grant was made prior to Mr. Kashyap becoming a Named Executive Officer. The PSUs vest based on the achievement of stock price hurdles and continued service conditions, on terms similar to those applicable to the 2024 PSU Program under which Messrs. Senkypl and Ponrt received their 2024 awards.


Named Executive Officer			2025 PSU Award (Number of PSUs)
Mr. Senkypl(1)			17,250
Mr. Ponrt(1)			6,471
Mr. Kashyap(2)			174,243

(1)These PSU awards vest subject to two conditions: (i) the remediation of the material weakness in the Company's internal control over financial reporting identified as of December 31, 2022, and (ii) the recipient remaining in active service through the date of such remediation. If either condition is not satisfied, the unvested PSUs will be forfeited.

(2)The PSUs granted on May 1, 2025, vest based on both the achievement of stock price hurdles and continued service. The stock price hurdles are set in four tranches, with each tranche vesting once the average stock price exceeds specific thresholds: $19.75, $26.76, $31.01 and $68.82, during the performance period. The service condition is met in three installments: 33% of each tranche vests on May 1, 2026, 33% on May 1, 2027, and 34% on May 1, 2028. If either requirement is not met by the end of the performance period, the unvested PSUs are forfeited.

Other Compensation

Health and Welfare Benefit Programs

Our employee benefit programs, including our Section 401(k) plan and health, life, and disability insurance coverage programs, are designed to provide a stable array of support to our employees generally, including our Named Executive Officers, and their families. Our Section 401(k) plan, in which all employees generally are eligible to participate, allows participants to defer compensation up to the maximum amount specified by the Internal Revenue Code of 1986, as amended (the “Code”). Elective deferrals are immediately vested and non-forfeitable upon contribution by the employee. We match 50% of the first 6% of eligible compensation deferred to the plan, which vests on a three-year graded vesting schedule.

We do not maintain any pension plan or arrangement under which our Named Executive Officers are entitled to participate or to receive post-retirement benefits, nor do we maintain any non-qualified deferred compensation plans or arrangements in which our Named Executive Officers are entitled to participate.

Perquisites and Other Personal Benefits

Currently, we do not view perquisites or other personal benefits as a significant component of our executive compensation program. Generally, we do not provide perquisites or other personal benefits to our Named Executive Officers except as generally made available to our employees or in situations where we believe it is appropriate to assist an individual in the performance of his or her duties, to make our executive officers more efficient and effective and for recruitment and retention purposes. During 2025, none of our Named Executive Officers received perquisites or other personal benefits that were, in the aggregate, $10,000 or more for each individual.

SEC Form DEF 14A filed by Groupon Inc.