Company: SMNR
Filing Date: 2025-08-13
Form Type: 424B3
Source: 0001193125-25-179226
Chunk: 606

Company: Semnur Pharmaceuticals, Inc.
Filing Date: 2025-08-13
Form: 424B3
Chunk 606
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 New Semnur Board regarding) 
 the terms of employment agreements and severance agreements,                                                    |

| • |     | change-of-control protections and                                                                           
 other compensatory arrangements for New Semnur’s executive officers and other members of senior management; |

| • |     | conducting periodic reviews of the base compensation levels of all of New Semnur’s employees generally; |

| • |     | reviewing and approving compensation programs as well as the type and amount of compensation to be paid or 
 awarded to non-employee directors;                                                                         |

| • |     | reviewing and approving the adoption, amendment and termination of New Semnur’s stock option plans, stock                                                                                                                                               
 appreciation rights plans, pension and profit sharing plans, incentive plans, stock bonus plans, stock purchase plans, bonus plans, deferred compensation plans, 401(k) plans, supplemental retirement plans and similar programs, if any, and the      
 aggregate cash amounts and numbers of shares to be paid or reserved for issuance thereunder; and administering all such plans, establishing guidelines, interpreting plan documents, selecting participants, approving grants and awards and exercising 
 such other power and authority as may be permitted or required under such plans;                                                                                                                                                                        |

| • |     | reviewing New Semnur’s incentive compensation arrangements to determine whether such arrangements encourage                                                                                                                                     
 excessive risk-taking, reviewing and discussing at least annually the relationship between New Semnur’s risk management policies and practices and compensation and evaluating compensation policies and practices that could mitigate any such 
 risk; and                                                                                                                                                                                                                                       |

| • |     | reviewing human capital management strategies, programs and policies, including, but not limited to, those                                    
 regarding recruitment, retention, career development, diversity, equity and inclusion, pay equity, workplace culture and employee engagement. |

In addition, once New Semnur ceases to be an “emerging growth company,” as defined in the JOBS Act, the responsibilities of the compensation committee will also include:

| • |     | reviewing and discussing with appropriate executive officers of New Semnur compensation-related proposals to be                                                                                                                                  
 considered at New Semnur’s annual meeting, including the Say on Pay Vote and the frequency of the Say on Pay Vote, and the results of any stockholder advisory votes and, based on such discussions, providing recommendations to the New Semnur 
 Board; and                                                                                                                                                                                                                                       |

| • |     | reviewing and discussing with management New Semnur’s Compensation Discussion and Analysis, and                                                                                                 
 recommending to the New Semnur Board that the Compensation Discussion