Company: KROS
Filing Date: 2025-04-23
Form Type: DEF 14A
Source: 0001104659-25-037982
Chunk: 51

Company: Keros Therapeutics, Inc.
Filing Date: 2025-04-23
Form: DEF 14A
Chunk 51
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 Compensation Committee uses its judgment to establish a total compensation program for each named executive officer that is a mix of current, short-term incentive and long-term incentive compensation, and cash and non-cash compensation, that it believes appropriate to achieve the goals of our executive compensation program and our corporate objectives. However, a significant portion of the named executive officers’ total target compensation is comprised of performance-based bonus opportunities and long-term equity awards to align the executive officers’ incentives with the interests of our stockholders and our corporate goals. In making executive compensation recommendations and decisions, our Compensation Committee generally considers each executive officer’s target total direct compensation, which consists of base salary, target bonus opportunity, which together with base salary we refer to as target cash compensation, and long-term equity awards (valued based on an approximation of grant date fair value).

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TABLE OF CONTENTS

Key Features of our Executive Compensation Program

| ​ | What We Do |   |   |                                                                                                                                       | ​ | ​ | What We Don’t Do |   |   |                                                        | ​ |
| ​ | √          | ​ | ​ | Design executive compensation to align pay with performance                                                                           | ​ | ​ | X                | ​ | ​ | No hedging or pledging of Company stock                | ​ |
| ​ | √          | ​ | ​ | Conduct a thorough compensation risk analysis                                                                                         | ​ | ​ | X                | ​ | ​ | No excessive health or welfare benefits or perquisites | ​ |
| ​ | √          | ​ | ​ | Grant annual equity awards over multi-year vesting periods                                                                            | ​ | ​ | X                | ​ | ​ | No special retirement benefits                         | ​ |
| ​ | √          | ​ | ​ | Grant performance equity awards to our Chief Executive Officer                                                                        | ​ | ​ | X                | ​ | ​ | No guaranteed bonuses or base salary increases         | ​ |
| ​ | √          | ​ | ​ | Compensation Committee composed of all independent directors, which meets regularly in independent session without management present | ​ | ​ | ​                | ​ | ​ | ​                                                      | ​ |
| ​ | √          | ​ | ​ | Retain an independent compensation consultant                                                                                         | ​ | ​ | ​                | ​ | ​ | ​                                                      | ​ |
| ​ | √          | ​ | ​ | Maintain a clawback policy                                                                                                            | ​ | ​ | ​                | ​ | ​ | ​                                                      | ​ |
| ​ | √          | ​ |