Company: PGEN
Filing Date: 2025-04-28
Form Type: 10-K/A
Source: 0001356090-25-000011
Chunk: 22

Company: PRECIGEN, INC.
Filing Date: 2025-04-28
Form: 10-K/A
Chunk 22
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 all eligible employees in the same health, dental, and life and disability insurance programs.

#### Base Salary
General

Base salary levels for our executive officers, with the exception of our CEO, are recommended to the Compensation Committee by our CEO and are subject to approval by the Compensation Committee and the Board. In setting the base salary level for each executive officer (other than our CEO), the Compensation Committee generally considers the executive officer’s experience level, demonstrated capabilities, time and placement in position, our geographic region, individual performance, and potential future contributions to our Company. In addition, the Compensation Committee may consider executive compensation data for the industry as a whole, including data from similarly situated companies. Base salaries are reviewed annually by the Compensation Committee. When making decisions to adjust executive salaries, the Compensation Committee will also consider our overall financial performance in addition to the factors identified above. No particular weight is assigned to any one factor. Taking into account the overall position of the Company, the market analysis performed by the compensation consultants, and the performance of the named executive officers, the Compensation Committee determined in 2024 that base salaries for Harry Thomasian Jr. and Rutul R. Shah should be increased from $475,000 and $410,000, respectively, to $488,000 and $485,000, respectively. No other changes to base salaries for our other named executive officers were made in 2024.

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The following table sets forth the 2024 annualized base salaries for each of our NEOs.

| Name                |     | 2024 Base Salary |           |
|:--------------------|:----|:-----------------|----------:|
| Dr. Helen Sabzevari |     | $                | 1,000,000 |
| Harry Thomasian Jr. |     | $                |   488,000 |
| Donald Lehr         |     | $                |   575,000 |
| Rutul R. Shah       |     | $                |   485,000 |
| Phil Tennant        |     | $                |   510,000 |
| Jeffrey Perez       |     | $                |   500,000 |

#### Annual Short-Term Incentive Awards
General

Our NEOs are eligible to receive annual bonuses based on corporate performance achievement, as determined by the Compensation Committee following the completion of the applicable performance year, and subject to the NEO’s continued employment through the applicable payment date. Each named executive officer is provided an annual target bonus opportunity