Company: TEM
Filing Date: 2025-04-07
Form Type: DEF 14A
Source: 0001193125-25-074642
Chunk: 14

Company: Tempus AI, Inc.
Filing Date: 2025-04-07
Form: DEF 14A
Chunk 14
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 the Board’s consideration and analysis of such priorities. In addition, Mr. Lefkofsky offers a robust understanding of risks facing the Company. In the Board’s view, this enables the Board to better understand the Company and work with management to enhance stockholder value. In addition, the Board believes that this structure enables it to better fulfill its risk oversight responsibilities and enhances the ability of the CEO to effectively communicate the Board’s view to management. Board’s Role in Risk Oversight While senior management has primary responsibility for managing risk, the Board has responsibility for risk oversight with specific risk areas delegated to relevant Board committees who report on their deliberations to the full Board. The specific risk areas of focus for the Board and each of its committees are summarized below.

| Full Board |     | •  Oversee the Company’s risk governance framework, including an enterprise-wide culture that supports appropriate risk awareness and the identification, escalation, and appropriate management of risk, including cybersecurity risk;   •  Establish and oversee processes to maintain the Company’s integrity; and   •  Review, approve, and monitor fundamental financial and business strategies and significant corporate actions. |

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| Audit Committee                               |     | •  Oversee and coordinate with the Company’s internal and external auditors;   •  Accounting, controls and financial disclosure;   •  The adequacy of the Company’s insurance programs;   •  Cybersecurity risk management processes, including oversight and mitigation of risks from cybersecurity threats; and   •  Tax and liquidity management. |
| Compensation Committee                        |     | •  Compensation structure and programs as they relate to risk management and risk-taking incentives;   •  Management succession planning; and   •  Oversee compensation policies as they relate to recruitment and retention of top quality talent.                                                                                                  |
| Nominating and Corporate Governance Committee |     | •  Governance structures and processes;   •  Board organization, independence and structure; and   •  Oversee the Company’s ESG initiatives.                                                                                                                                                                                                         |

Board’s Oversight of Strategy Our Board is deeply engaged and involved in overseeing our long-range strategy, including evaluating key market opportunities, customer and supplier trends, and competitive developments. Our Board’s oversight of risk is another integral component of the Board’s oversight and engagement on strategic matters. Strategy-related matters are regularly discussed at