Company: TVRD
Filing Date: 2025-10-20
Form Type: S-1/A
Source: 0001104659-25-100896
Chunk: 269

Company: Tvardi Therapeutics, Inc.
Filing Date: 2025-10-20
Form: S-1/A
Chunk 269
---
 consent.

Transferability . The 2018 Plan generally does not allow for the transfer or assignment of awards, other than, at the discretion of the plan administrator, by gift to family members or (other than ISOs) domestic relations orders or to an executor or guardian upon the death or disability of the participant.

Plan Amendment or Termination . Tvardi’s plan administrator may amend, suspend or terminate the 2018 Plan at any time and for any reason, provided that (i) any modification or amendment does not materially and adversely affect the rights of participants under the 2018 Plan and (ii) stockholder approval is obtained where such approval is required by applicable law.

#### Non-Employee Director Compensation
Prior to the Merger, Legacy Tvardi provided a $25,000 annual cash retainer, paid in arrears in four quarterly installments, to Mr. Shah and Mr. Wyzga for their service on its board of directors. It also from time to time provided equity compensation to certain non-employee directors for their service on its board of directors.

Legacy Tvardi also had a policy of reimbursing all of its non-employee directors for their reasonable out-of-pocket expenses in connection with attending board of directors and committee meetings. Legacy Tvardi reimbursed all of its non-employee directors for their reasonable out-of-pocket expenses incurred in attending board of directors and committee meetings.

The following table sets forth information regarding compensation earned with respect to the fiscal year ended December 31, 2024, by each individual who served as a non-employee director of Legacy Tvardi during such fiscal year.

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| Name(5)(6)            | ​ | ​ | FeesEarnedor Paid inCash($) |   |        |   | ​ | ​ | OptionAwards($)(2) |   |   |   | ​ | ​ | AllOtherCompensation($)(3) |   |        |   | ​ | ​ | Total($) |   |        |   | ​ |
| Sujal Shah(1)         | ​ | ​ | ​                           | ​ | 25,000 | ​ | ​ | ​ | ​                  | ​ | — | ​ | ​ | ​ | ​                          | ​ |      — | ​ | ​ | ​ | ​        | ​ | 25,000 | ​ | ​ |
| Wallace Hall          | ​ | ​ | ​                           | ​ |      — |