Company: PRGO
Filing Date: 2025-03-10
Form Type: PRE 14A
Source: 0000950170-25-035751
Chunk: 9

Company: PERRIGO Co plc
Filing Date: 2025-03-10
Form: PRE 14A
Chunk 9
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 |     | Oversees Major Risks |
| Strategic and Competitiveness – Financial – Brand and Reputational – Legal and Regulatory |     |                      |
| Operational – Cybersecurity – ESG – Organizational Succession Planning                    |     |                      |

#### 2PERRIGO•2025 PROXY STATEMENT
Corporate Governance

|                                                    |     | Management                                                                                          |     |                                                                                                                          |
|                                                    |     | Key Risk Responsibilities                                                                           |     |                                                                                                                          |
| •Business units identify and manage business risks |     | •Central functions design risk framework, including setting boundaries and monitoring risk appetite |     | •Internal Audit provides independent assurance on design and effectiveness of internal controls and governance practices |

Board Leadership Our governance documents provide the Board with flexibility to select the appropriate leadership structure for the Company. In making leadership structure determinations, the Board considers many factors, including the specific needs of the business and what is in the best interests of the Company’s shareholders. Our current leadership structure consists of a separate Chairman of the Board and CEO, and strong, active independent directors. The Board believes that the Company and its shareholders are well-served by this leadership structure at this time. In addition, having three independent Board Committees chaired by independent directors provides a formal structure for strong, independent oversight of the President and CEO and the rest of the Company’s management team. Chairman of the Board We have had a separate, independent Chairman of the Board since 2016, and Mr. Ashford has held the position since May 2022. The role of the Chairman includes: • presiding at all Board meetings, including executive sessions of the independent directors; • serving as a liaison between the CEO and the independent directors, including being responsible for communicating with the CEO regarding CEO performance evaluations and providing feedback from the independent director sessions; • having the authority to call meetings of the independent directors; and • approving Board meeting agendas and schedules to assure there is sufficient time for discussion of all agenda items. The Chairman is selected from those Perrigo directors who are independent and who have not been a former executive officer of Perrigo. The Chairman position is for an initial term of three years, subject to annual reviews by our NGC, annual re-election of that director at the intervening Annual General Meetings, and an annual appointment by the independent directors. Shareholder Engagement We believe that ongoing, transparent communication with our shareholders is critical to our long-term success. We have a robust shareholder engagement program, and we maintain active, year-round communication with our shareholders and prospective shareholders