Company: VCYT
Filing Date: 2025-04-29
Form Type: DEF 14A
Source: 0001384101-25-000051
Chunk: 58

Company: VERACYTE, INC.
Filing Date: 2025-04-29
Form: DEF 14A
Chunk 58
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 based solely on Veracyte performance and did not include an individual performance multiplier. Actual annual performance bonus awards paid out under the plan could be greater or less than the NEOs’ individual targets, as determined by the independent members of our Board of Directors at their discretion, considering the recommendation of the Compensation Committee. The Board of Directors did not exercise this discretion when determining the final awards for 2024.

In February 2025, the independent members of our Board of Directors, on the recommendation of the Compensation Committee, determined 2024 performance and the resulting cash bonus awards. For 2024, our total revenue, adjusted for the effect of changes in foreign currency exchange rates, was $446 million, which exceeded our goal of $408 million (an increase over the 2023 goal of $340 million and actual result of $358.5 million). For 2024, our ending cash balance was $289 million, which exceeded our goal of greater than $245 million (an increase over the 2023 goal of $160 million and actual result of $216.4 million).

Each metric is calculated individually, and the sum of the calculations determines the potential bonus pool payout:

| Metric              |     |    | Weighting |     | Minimum 
 (75%)   |     | Target 
 (100%) |     | Maximum 
 (150%)  |     | Actual |     |       | Achievement          
 (% of target payout) |
| Total Revenue       |     | 60 | %         |     | $394M   |     | $408M  |     | $436M   |     | $446M  |     |   150 | %                    |
| Ending Cash Balance |     | 40 | %         |     | $228M   |     | $245M  |     | $279M   |     | $289M  |     |   150 | %                    |
| Total               |     |    | 100%      |     |         |     |        |     |         |     |        |     | 150.0 | %                    |

#### 54Veracyte2025 Proxy Statement

#### Executive Compensation
Based on a review of all goals and accomplishments, the independent members of our Board of Directors and Compensation Committee determined that the financial goals were achieved at 150%. Our NEOs’ earned annual incentives for 2024 were as follows:

|                  |     | Original FY 2024 Opportunity |         |                  |     |