Company: TBPH
Filing Date: 2025-04-10
Form Type: DEF 14A
Source: 0001104659-25-033819
Chunk: 40

Company: Theravance Biopharma, Inc.
Filing Date: 2025-04-10
Form: DEF 14A
Chunk 40
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person: $15,000 • Compensation committee member (other than chairperson): $7,500 • Nominating/Corporate Governance committee chairperson: $10,000 • Nominating/Corporate Governance committee member (other than chairperson): $5,000 • Commercialization & Development committee chairperson: $10,000 • Commercialization & Development committee member (other than chairperson): $5,000 • Strategic Review committee chairperson: $20,000 (commencing in August 2024) • Strategic Review committee member (other than chairperson): $10,000 (commencing in August 2024) Pursuant to our non-employee director compensation program, we also paid our non-employee directors an additional fee of $1,500 for attending in-person board of directors meetings held outside the United States. All cash compensation to the non-employee members of our board of directors is pro-rated for partial service during the applicable year and paid quarterly in arrears. The members of our board of directors are also eligible for reimbursement for their expenses incurred in attending board meetings in accordance with our non-employee director compensation program. Equity Compensation Each of our non-employee directors is also compensated with periodic automatic grants of equity awards under our non-employee director compensation program. These grants are non-discretionary, and only our non-employee directors are eligible to receive these automatic grants. 26

TABLE OF CONTENTS

Automatic Initial Equity Awards Under our automatic grant program, each individual who first becomes a non-employee director is, on the date such individual joins our board of directors, automatically granted the following equity awards: (i) a grant of restricted share units (“RSUs”) covering ordinary shares with a grant date value of $100,000 and (ii) a nonstatutory share option grant with a Black-Scholes grant date fair value of $125,000. The initial option grants vest monthly over the director’s first two years of service, and the initial RSUs vest in two equal annual installments over the director’s first two years of service. In addition, on the date of joining our board of directors, a new non-employee director also receives the standard annual equity awards (if joining on the date of our annual general meeting) or pro-rated annual equity awards (if joining on any other date), as described below. The pro-ration is based upon the number of months of service the new board member provides during the 12-month period ending on the one-year anniversary of the most recent