Company: DARE
Filing Date: 2025-04-24
Form Type: DEF 14A
Source: 0001401914-25-000014
Chunk: 45

Company: Dare Bioscience, Inc.
Filing Date: 2025-04-24
Form: DEF 14A
Chunk 45
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2024.

2025 Proxy Statement | Page 33

Exercise Price . The exercise price of each option granted under our non-employee director compensation policy (both an initial award and an annual award) is set at the fair market value of our common stock on the grant date.

Expense Reimbursement . We reimburse our non-employee directors for reasonable travel and other expenses incurred in connection with attending board and committee meetings.

2024 Director Compensation

The following table sets forth the compensation of our non-employee directors during 2024.

| 2024 Director Compensation    |     |               |     |         |     |           |     |         |     |              |     |    |     |       |     |         |
| Name                          |     | Fee Earned or 
 Paid in Cash  |     |         |     | Option    
 Awards(1) |     |         |     | All Other    
 Compensation |     |    |     | Total |     |         |
| Cheryl R. Blanchard, Ph.D.(2) |     |               |     | $18,944 |     |           |     | $12,945 |     |              |     | $— |     |       |     | $31,889 |
| Jessica D. Grossman, M.D.     |     |               |     | $50,500 |     |           |     | $12,945 |     |              |     | $— |     |       |     | $63,445 |
| Susan L. Kelley, M.D.         |     |               |     | $47,000 |     |           |     | $12,945 |     |              |     | $— |     |       |     | $59,945 |
| Gregory W. Matz, CPA          |     |               |     | $58,000 |     |           |     | $12,945 |     |              |     | $— |     |       |     | $70,945 |
| Sophia Ononye-Onyia, Ph.D.(2) |     |               |     | $20,667 |     |           |     | $12,945 |     |              |     | $— |     |       |     | $33,612 |
| William H. Rastetter, Ph.D.   |     |               |     | $79,000 |     |           |     | $12,945 |     |              |     | $