Company: TEM
Filing Date: 2025-02-25
Form Type: S-1
Source: 0001193125-25-034442
Chunk: 59

Company: Tempus AI, Inc.
Filing Date: 2025-02-25
Form: S-1
Chunk 59
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 situations as well as any consequences arising under the laws of any other taxing jurisdiction, including any state, local, or non-U.S.tax consequences. For the purposes of this discussion, a “Non-U.S.Holder” is, for U.S. federal income tax purposes, a beneficial owner of Class A common stock that is neither a U.S. Holder, nor a partnership (or other entity treated as a partnership for U.S. federal income tax purposes regardless of its place of organization or formation). A “U.S. Holder” means a beneficial owner of our Class A common stock that is for U.S. federal income tax purposes any of the following:

| • |     | an individual who is a citizen or resident of the United States; |

| • |     | a corporation or other entity treated as a corporation for U.S. federal income tax purposes created or 
 organized in or under the laws of the United States, any state thereof, or the District of Columbia;   |

| • |     | an estate, the income of which is subject to U.S. federal income taxation regardless of its source; or |

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| • |     | a trust if it (1) is subject to the primary supervision of a court within the United States and one or                                                                                                  
 more U.S. persons have the authority to control all substantial decisions of the trust or (2) has a valid election in effect under applicable U.S. Treasury Regulations to be treated as a U.S. person. |

Distributions Distributions, if any, made on our Class A common stock to a Non-U.S.Holder to the extent made out of our current or accumulated earnings and profits (as determined under U.S. federal income tax principles) generally will constitute dividends for U.S. tax purposes and will be subject to withholding tax at a 30% rate or such lower rate as may be specified by an applicable income tax treaty, subject to the discussions below regarding effectively connected income, backup withholding, and foreign accounts. To obtain a reduced rate of withholding under a treaty, a Non-U.S.Holder generally will be required to provide us with a properly executed IRS Form W-8BEN(in the case of individuals) or IRS Form W-8BEN-E(in the case of entities), or other appropriate form, certifying the Non-U.S.Holder’s entitlement to benefits under that treaty. This certification must be provided to us and/or our paying agent prior to the payment of dividends and must be updated periodically. In the case of a