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

Company: VERACYTE, INC.
Filing Date: 2025-04-29
Form: DEF 14A
Chunk 14
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 balance with respect to director tenure and age. Recent director additions provide the Board of Directors with fresh perspectives and diverse experiences, while directors with longer tenure provide continuity and valuable insight into our business and strategy. The following table provides information regarding the tenure and age distribution of our Board of Directors as of April 21, 2025.

| Tenure             |     | Number of Directors |     | Age           |     | Number of Directors |
| More than 10 years |     |                   2 |     | 70+ years     |     |                   1 |
| 6 – 10 years       |     |                   1 |     | 61 – 70 years |     |                   5 |
| 0 – 5 years        |     |                   6 |     | 45 – 60 years |     |                   3 |

Majority Voting Standard for Director Elections and Director Resignation Policy

Our amended and restated bylaws provide for a majority voting standard for uncontested elections of directors, which provides that, in uncontested director elections, a director nominee will be elected only if the number of votes cast FOR the director nominee exceeds the number of votes cast AGAINST the director nominee. In addition, we have adopted a Director Resignation Policy, which is intended to address a “holdover director” under the Delaware General Corporation Law (the “DGCL”), which is an incumbent director who fails to receive the requisite number of votes for re-election at an Annual Meeting of Stockholders and is required to remain in office until a successor is duly elected and qualified. Our Director Resignation Policy requires each incumbent director nominee at an Annual Meeting of Stockholders to submit an irrevocable contingent resignation letter prior to such Annual Meeting of Stockholders, with such resignation, effective only upon (i) such director nominee’s failure to receive the requisite number of votes for re-election and (ii) our Board of Directors’ acceptance of such resignation. If the director nominee does not receive the requisite number of votes for re-election, our Nominating and Corporate Governance Committee will make a recommendation to our Board of Directors as to whether to accept or reject the resignation, or whether other action should be taken. Our Board of Directors will act on the Nominating and Corporate Governance Committee’s recommendation and publicly disclose its decision and the rationale behind it within 90 days from the date of the certification of the election results.

Director Independence

The Board of Directors