Company: ERAS
Filing Date: 2025-04-29
Form Type: DEF 14A
Source: 0001193125-25-103868
Chunk: 11

Company: Erasca, Inc.
Filing Date: 2025-04-29
Form: DEF 14A
Chunk 11
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 a broker in “street name” for a beneficial owner are not voted with respect to a particular proposal because (1) the broker has not received voting instructions from the beneficial owner and (2) the broker lacks discretionary voting power to vote those shares on a particular matter. A broker has discretionary power to vote shares without instruction from the beneficial owner on routine matters, such as the ratification of the appointment of KPMG LLP as our independent registered public accounting firm. Thus, broker non-votesare not expected on that proposal. On the other hand, absent instructions from the beneficial owner of such shares, a broker is not entitled to vote shares held for a beneficial owner on non-routinematters. Broker non-voteson the election of directors, which is considered a non-routinematter, will have no effect because they are not considered votes cast, and the three directors that receive the highest number of votes will be elected. What is an abstention and how will votes withheld and abstentions be treated? Shares of common stock held by persons attending the Annual Meeting but not voting, and shares represented by proxies that reflect withheld votes or abstentions as to a particular proposal, will be counted as present for purposes of determining the presence of a quorum. A “vote withheld,” in the case of the proposal regarding the election of directors, or an “abstention,” in the case of the ratification of the appointment of KPMG LLP, represents a stockholder’s affirmative choice to decline to vote on a proposal. Votes withheld have no effect on the election of directors, as the three directors that receive the highest number of votes will be elected, and abstentions are not considered to be a vote cast and will have no effect on the ratification of the appointment of KPMG LLP. How many votes are required for the approval of the proposals to be voted upon and how will abstentions and broker non-votesbe treated?

| Proposal                                                                                  |     | Votes Required                                                                                                                                                    |     | Effect of Votes Withheld /                                                               
 Abstentions and Broker                                                                   
 Non-Votes                                                                                |
| Proposal 1 – Election of directors                                                        |     | The plurality of the votes cast. This means that the three nominees receiving the highest number of affirmative “FOR” votes will be elected as Class I directors. |     | Votes withheld and broker non-votes will have no effect.                                 |
| Proposal 2 – Ratification of appointment of independent registered public accounting firm |     | The affirmative vote of a majority of the votes cast