Company: PRTA
Filing Date: 2025-03-28
Form Type: DEF 14A
Source: 0001559053-25-000017
Chunk: 68

Company: PROTHENA CORP PUBLIC LTD CO
Filing Date: 2025-03-28
Form: DEF 14A
Chunk 68
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). Equity grants to other employees are made pursuant to specific delegations of authority from the Committee, which delegations include individual grant limits, aggregate grant limits, and specification of grant

terms. Please see the section entitled “Policies and Practices Related to the Timing of Grants of Certain Awards” for further information regarding our equity grant practices.

| Executive Compensation for Fiscal Year 2024 |

The three key elements of our executive officer compensation programs for fiscal year 2024 were: base salaries, annual cash bonuses, and long-term incentive compensation in the form of stock option awards. In addition, the Committee (or the Board) has approved arrangements providing for certain payments and benefits in the event of certain terminations of employment.

Base Salaries. Base salaries are intended to compensate our executive officers for serving as the senior members of our executive team. Salaries are also considered an important element of compensation necessary to retain the Company’s executive officers in a highly competitive marketplace. To accomplish these objectives, the Committee reviews and sets base salaries annually, taking into account many factors including but not limited to market competition for a particular position (typically evaluating the 50 th percentile of the market data specific to each executive officer’s position); experience and past performance inside or outside the Company; role and responsibilities with the Company; tenure with the Company and associated institutional knowledge; innovative thinking and leadership; personal performance and contributions; succession planning; and past and future performance, and any other factors which the Committee considers appropriate to accomplish the purposes of this element of executive compensation.

The base salaries approved in early 2024 for our named executive officers were as follows: Dr. Kinney - $657,837; Mr. Nguyen - $583,374; Mr. Smith - $523,270; Ms. Karp - $517,218, and Dr. Zago - 495,327. Dr. Kinney’s salary resulted from the Board's approval of a 3.5% increase to his base salary, after considering the market data provided by Pay Governance and consistent with the budgeted standard merit increase for the general employee population. Based on the same considerations, the salaries of Mr. Nguyen, Mr. Smith and Ms. Karp reflect the Committee's approval of 3.5% increases to their base salaries. Dr. Zago’s increase of 4.2% to his base salary reflects an adjustment following the Committee’s review of market data for his position.

Annual Cash Bonuses. Annual cash bonus opportunities are intended principally to motivate executive officers to achieve pre-d