Company: KROS
Filing Date: 2025-04-23
Form Type: DEF 14A
Source: 0001104659-25-037982
Chunk: 54

Company: Keros Therapeutics, Inc.
Filing Date: 2025-04-23
Form: DEF 14A
Chunk 54
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0.3x to 3x of our 30-day average market value 35

TABLE OF CONTENTS

• Headcount : 0.3x to 3x of our headcount (as of the end of our last fiscal year) • Years Public : Preference given to companies that went public within the last five years At the time of review in September 2023, our 30-day average market capitalization was approximately $1.2 billion and our prior fiscal year-end headcount was 105. Based on the above criteria, our Compensation Committee approved the following changes to the executive compensation peer group for 2024: • Added Morphic Holding, Inc. and Protagonist Therapeutics, Inc.; and • Removed Fulcrum Therapeutics, Inc. and Kezar Life Sciences, Inc., because they were well below the market capitalization parameters described above. As a result, the following 18 companies were identified as appropriate for our peer group by our Compensation Committee for the purpose of informing executive pay decisions for 2024. At the time of review, we fell at approximately the 50th percentile of this peer group in terms of market capitalization.

| ​ | Akero Therapeutics, Inc. (AKRO)            | ​ | ​ | Iovance Biotherapeutics, Inc. (IOVA)  | ​ | ​ | Replimune Group, Inc. (REPL)            | ​ |
| ​ | Arcturus Therapeutics Holdings Inc. (ARCT) | ​ | ​ | KalVista Pharmaceuticals, Inc. (KALV) | ​ | ​ | Rocket Pharmaceuticals, Inc. (RCKT)     | ​ |
| ​ | Crinetics Pharmaceuticals, Inc. (CRNX)     | ​ | ​ | Kura Oncology, Inc. (KURA)            | ​ | ​ | Scholar Rock Holding Corporation (SRRK) | ​ |
| ​ | Editas Medicine, Inc. (EDIT)               | ​ | ​ | Mersana Therapeutics, Inc. (MRSN)     | ​ | ​ | SpringWorks Therapeutics, Inc. (SWTX)   | ​ |
| ​ | Geron Corporation (GERN)                   | ​ | ​ | Morphic Holding, Inc. (MORF)          | ​ | ​ | Syndax Pharmaceuticals Inc. (SNDX)      | ​ |
| ​ | IDEAYA Biosciences, Inc. (IDYA)            |