Company: ZLAB
Filing Date: 2025-04-18
Form Type: PRE 14A
Source: 0001628280-25-018384
Chunk: 53

Company: Zai Lab Ltd
Filing Date: 2025-04-18
Form: PRE 14A
Chunk 53
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 | Name |   | Base Salary as of       December 31, 2024 |     |   | Base Salary as of       December 31, 2023 |     |     |     | Percentage Increase |     |
|:-------------------|:-----|:--|------------------------------------------:|:----|:--|------------------------------------------:|:----|:----|:----|--------------------:|:----|
| Samantha (Ying) Du |      | $ |                                   908,730 |     | $ |                                   878,000 |     |     |     |                 3.5 | %   |
| Yajing Chen        |      | $ |                                   520,000 |     | $ |                                   450,000 |     |     |     |                15.6 | %   |
| Rafael Amado       |      | $ |                                   641,700 |     | $ |                                   620,000 |     |     |     |                 3.5 | %   |
| F. Ty Edmondson*   |      | $ |                                   590,877 |     |   |                                           | N/A |     |     |                     | N/A |
| Joshua Smiley      |      | $ |                                   672,750 |     | $ |                                   650,000 |     |     |     |                 3.5 | %   |

*Mr. Edmondson was not a named executive officer in 2023; accordingly, no base salary is shown for 2023.

#### Annual Incentive Awards (Bonuses)
Our annual bonus program is designed to motivate and reward our named executive officers for achievement of performance that supports short- and long-term value creation for the Company. Target annual bonus opportunities are based on a percentage of the named executive officer’s base salary and their respective roles and responsibilities.

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Actual awards are determined based on the Compensation Committee’s assessment of corporate and individual performance and can range from 0% to 150% of target depending on performance.

CEO Annual Incentive Award . For 2024, in consideration of a variety of factors, including shareholder feedback, the Compensation Committee recommended, and the Board of Directors approved, the elimination of the individual performance component from the CEO’s annual incentive award such that her annual incentive award payout opportunity is tied entirely to corporate performance (prior to this elimination, individual performance would have constituted 10% of her 2024 annual