Company: PACB
Filing Date: 2025-04-23
Form Type: DEF 14A
Source: 0001299130-25-000090
Chunk: 35

Company: PACIFIC BIOSCIENCES OF CALIFORNIA, INC.
Filing Date: 2025-04-23
Form: DEF 14A
Chunk 35
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 be in the best interests of our Company and our stockholders.

Policy on Audit Committee’s Pre-Approval of Audit and Permissible Non-Audit Services of Independent Registered Public Accounting Firm

The Audit Committee reviews and pre-approves all audit and permissible non-audit services provided by the independent registered public accounting firm. These services may include audit services, audit-related services and tax services, as well as specifically designated non-audit services which, in the opinion of the Audit Committee, will not impair the independence of the independent registered public accounting firm. Pre-approval generally is provided for up to one year, and any pre-approval is detailed as to the particular service or category of services and generally is subject to a specific budget. The independent registered public accounting firm and our management are required to periodically report to the Audit Committee regarding the extent of services provided by the independent registered public accounting firm in accordance with this pre-approval, including the fees for the services performed to date. In addition, the Audit Committee also may pre-approve particular services on a case-by-case basis, as necessary or appropriate.

The following is a summary of the Ernst & Young LLP fees for professional services rendered for the fiscal years ended December 31, 2024 and December 31, 2023 (in thousands):

| Fee Category       |     | 2024 |        |     |   2023 |        |     |    |
| Audit Fees         |     |      | $2,571 |     | $2,252 |        |     | -1 |
| Audit-Related Fees |     |      |      — |     |        |      — |     |    |
| Tax Fees           |     |      |      — |     |        |      — |     |    |
| All Other Fees     |     |      |      — |     |        |      4 |     |    |
| Total Fees         |     |      | $2,571 |     |        | $2,256 |     |    |

(1) Audit Fees for 2023 have been updated to include actual fee amounts billed.

Audit Fees consisted of professional services rendered in connection with the audit of our annual consolidated financial statements, including the audit of internal control over financial reporting, and quarterly review of our condensed financial statements. This category also includes advice on accounting matters that arose during the audit or the review of interim financial statements, comfort letters, consents, and statutory audits required in non-U.S. jurisdictions.

| 2025