Company: LIMN
Filing Date: 2025-01-16
Form Type: POS AM
Source: 0001104659-25-003835
Chunk: 327

Company: Liminatus Pharma, Inc.
Filing Date: 2025-01-16
Form: POS AM
Chunk 327
---
 internal audit function and its system of internal controls and independent auditor; and

•

such other matters as are assigned to the audit committee by the Iris Board pursuant to its charter or as mandated under applicable laws, rules and regulations (including the Exchange Act).

#### Compensation Committee
The members of Iris’s compensation committee are Messrs. Fernandez, Peretz and Shah. Mr. Shah serves as chairman of the compensation committee. Under Nasdaq listing standards and applicable SEC rules, Iris is required to have a compensation committee comprised entirely of independent directors. Messrs. Fernandez, Peretz and Shah are independent.

Iris has adopted a compensation committee charter, which details the principal functions of the compensation committee, including:

•

reviewing and approving on an annual basis the corporate goals and objectives relevant to Iris’s Chief Executive Officer’s compensation evaluating our Chief Executive Officer’s performance in light of such goals and objectives and determining and approving the remuneration (if any) of Iris’s Chief Executive Officer based on such evaluation;

•

reviewing and making recommendations to the Iris Board with respect to the compensation, and any incentive compensation and equity based plans that are subject to Iris Board approval of all of Iris’s other officers;

•

reviewing Iris’s executive compensation policies and plans;

•

implementing and administering Iris’s incentive compensation equity-based remuneration plans;

•

assisting management in complying with Iris’s proxy statement and annual report disclosure requirements;

<div align='center'>171</div>

TABLE OF CONTENTS

•

approving all special perquisites, special cash payments and other special compensation and benefit arrangements for Iris’s officers and employees;

•

producing a report on executive compensation to be included in Iris’s annual proxy statement; and

•

reviewing, evaluating and recommending changes, if appropriate, to the remuneration for directors.

The charter also provides that the compensation committee may, in its sole discretion, retain or obtain the advice of a compensation consultant, independent legal counsel or other adviser and is directly responsible for the appointment, compensation and oversight of the work of any such adviser. However, before engaging or receiving advice from a compensation consultant, external legal counsel or any other adviser, the compensation committee will consider the independence of each such adviser, including the factors required by Nasdaq and the SEC.

Compensation Committee Interlocks and Insider Participation

None of Iris’s executive officers currently serves, and in the past year has not served, as a member of the compensation committee of any entity that has one or more executive officers serving on the Iris Board.

### Code of Business Conduct and Ethics