Company: LBRX
Filing Date: 2025-07-23
Form Type: DRS/A
Source: 0000950123-25-006557
Chunk: 258

Company: LB PHARMACEUTICALS INC
Filing Date: 2025-07-23
Form: DRS/A
Chunk 258
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 and monitor risk management strategies
and processes for day-to-day activities, and to effectively implement risk management strategies adopted by our board of directors, as a whole and at the committee
level. We believe this division of responsibilities is the most effective approach for addressing the risks we face.

Board Committees

In connection with this offering, our board of directors will establish an audit committee, a compensation committee, and a nominating and
corporate governance committee. Our board of directors may from time to time establish other committees.

Audit Committee

Upon the completion of this offering, our audit committee will consist of , , and
, with serving as the chair of the audit committee. Our board of directors has determined that each of these individuals satisfies the requirements for independence under the current rules and
regulations of the SEC and the listing standards of Nasdaq. Each member of our audit committee can read and understand fundamental financial statements in accordance with Nasdaq audit committee requirements. In addition, our board of directors has
determined that qualifies as an “audit committee financial expert” within the meaning of SEC regulations. In arriving at these determinations, the board has examined each audit committee member’s scope of experience and the nature of
their prior and/or current employment.

177

The primary responsibilities of the audit committee will include, among other things:

| • |     | helping our board of directors oversee our corporate accounting and financial reporting processes; |

| • |     | managing the selection, engagement, qualifications, independence, and performance of a qualified firm to serve as 
 the independent registered public accounting firm to audit our financial statements;                              |

| • |     | discussing the scope and results of the audit with the independent registered public accounting firm, and 
 reviewing, with management and the independent accountants, our interim and year-end operating results;   |

| • |     | developing procedures for employees to submit concerns anonymously about questionable accounting or audit 
 matters;                                                                                                  |

| • |     | reviewing related person transactions; |

| • |     | overseeing cybersecurity matters and policies; |

| • |     | obtaining and reviewing a report by the independent registered public accounting firm that describes its internal                                       
 quality control procedures, any material issues with such procedures, and any steps taken to deal with such issues when required by applicable law; and |

| • |     | approving, or, as permitted, pre-approving, audit and permissible non-audit services to be performed by the independent registered public accounting firm. |

The audit committee will operate under a written charter,