Company: ZLAB
Filing Date: 2025-04-29
Form Type: DEF 14A
Source: 0001628280-25-020478
Chunk: 75

Company: Zai Lab Ltd
Filing Date: 2025-04-29
Form: DEF 14A
Chunk 75
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 cumulative TSR of the Peer Group, (2) our net income, and (3) revenue growth. Since a significant portion of compensation for our CEO and other named executive officers consists of equity awards, the change in value of Compensation Actually Paid is directionally aligned with changes in our TSR, net income, and revenue growth.

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CAP Versus Cumulative TSR for the Company and Cumulative TSR of the Peer Group

CAP Versus Net Income

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CAP Versus Revenue Growth

Policies and Practices Related to the Timing of Grants of Certain Equity Awards

The Compensation Committee and senior management monitor the Company’s equity grant practices to evaluate whether such policies comply with governing regulations and are consistent with good corporate practices. When making regular annual equity grants, the Compensation Committee’s general practice is to approve them at its meeting in March or April of each yearas part of the annual compensation review and after results for the preceding fiscal year become available. In addition, the Compensation Committee may make grants at any time during the year it deems appropriate, including with respect to new hires, transitions, or to comply with regulatory requirements. The Company does notschedule its equity grants in anticipation of the release of material non-public information (“MNPI”) nor does the Company time the releaseof MNPI based on equity grant dates.

During 2024, no stock option grants were made to any of our NEOs during any period beginning four business days before the filing or furnishing of a periodic report or current report and ending one business day after the filing or furnishing of any such report with the SEC.

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| DIRECTOR COMPENSATION |

For 2024, each member of our Board of Directors who is not an employee of the Company or one of our affiliates was entitled to the following compensation under our non-employee director compensation policy:

• Annual cash retainer of $50,000 for each non-employee director;

• Additional annual cash retainer of $35,000 for the Lead Independent Director;

• Additional annual cash retainer of $25,000 for the Audit Committee chair;

• Additional annual cash retainer of $12,500 for each Audit Committee member;

• Additional annual cash retainer of $20,000 for the Compensation Committee chair;

• Additional annual cash retainer of $10,000 for each Compensation Committee member;

• Additional annual cash retainer of $12,250 for the Nominating and Corporate