Company: IMCR
Filing Date: 2025-03-24
Form Type: PRE 14A
Source: 0001140361-25-010035
Chunk: 66

Company: Immunocore Holdings plc
Filing Date: 2025-03-24
Form: PRE 14A
Chunk 66
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 participate in remuneration committee or board of directors’ meetings. Members of management, including our Chief Executive Officer, may attend portions of our remuneration committee’s meetings; however, our Chief Executive Officer is not present during decisions regarding her own compensation. Role of Independent Compensation Consultant For purposes of evaluating 2024 compensation for each of our executive officers and making 2024 compensation decisions, we retained Aon Human Capital Solutions practice, a division of Aon plc (“Aon”), an independent compensation consultant, to assist the remuneration committee in reviewing our compensation programs and to ensure that our compensation programs remain competitive in attracting and retaining talented executives. During fiscal year 2024, Aon advised the remuneration committee on compensation matters related to the executive and director compensation structure. In fiscal year 2024, Aon assisted with, among other things:

| • | conducting an executive market pay analysis; |

| • | developing a group of peer companies to use as a reference in making executive compensation decisions; |

| • | evaluating current executive pay practices and considering alternative compensation programs; and |

| • | reviewing our director compensation policies and practices. |

The remuneration committee has the sole authority to engage and terminate Aon’s services, as well as to approve its compensation. Our independent compensation consultant makes recommendations to the remuneration committee but has no authority to make compensation decisions on behalf of the remuneration committee or the Company. Aon reported to the remuneration committee and had direct access to the chairperson and the other members of the remuneration committee. Beyond data and advice related to executive and director compensation matters, and the Company’s purchase of general compensation data and support as our global employee benefits broker, Aon did not provide other services to us in fiscal year 2024.

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The remuneration committee has analyzed whether the work of Aon as the compensation consultant raised any conflict of interest, considering relevant factors in accordance with SEC guidelines. Based on its analysis, our remuneration committee determined that the work of the Aon and its individual compensation advisors has conformed to the independence factors and guidance provided by the Dodd-Frank Wall Street Reform and Consumer Protection Act of 2010, the SEC and the Nasdaq listing standards. Use of Competitive Market Compensation Data The remuneration committee believes that it is important when making compensation decisions to be informed as to the current practices of comparable public companies with which we compete for top talent. To this end, the remuneration committee