Company: ARWR
Filing Date: 2025-01-29
Form Type: ARS
Source: 0001628280-25-002866
Chunk: 200

Company: ARROWHEAD PHARMACEUTICALS, INC.
Filing Date: 2025-01-29
Form: ARS
Chunk 200
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 fiscal 2024 award was designed entirely as a performance-based award consisting of 340,000 PRSUs that will only vest upon the completion of a single performance trigger of a cash inflow to the Company of $1 billion by June 30, 2025. The CEO's fiscal 2024 award was also designed with the intention that the Compensation Committee would not certify performance prior to December 21, 2024 ,without good reasons, in accordance with the Company's 2021 Incentive Compensation Plan. Results from PRSU Awards Previously Granted In fiscal 2024, the Compensation Committee certified achievement of the performance milestones relating to the following PRSU awards: Table of Contents 2025 PROXY STATEMENT Executive Compensation 39

Performance Goal Achievement No. of Shares Certified as Vested Maintain clinical trials concurrently in four different tissue types (hepatic, pulmonary, and two others). Issued 12/2022 Certified in October 2023 46,805 shares pursuant to a PRSU award RSU Awards for Other Named Executive Officers The Compensation Committee approved the following aggregate RSU awards for our other NEOs for 2024: Named Executive Officer Restricted Stock Unit Awards (number of shares) Restricted Stock Unit Awards ($) Mr. Myszkowski 75,000 $2,589,750 Mr. O’Brien 85,000 $2,935,050 Dr. Hamilton 75,000 $2,589,750 Dr. San Martin 75,000 $2,589,750 Ms. Tracie Oliver 75,000 $2,589,750 RSUs granted to our NEOs in fiscal 2024 vest over four years in equal annual installments, subject to the NEO’s continued employment on each applicable vesting date. Dr. San Martin and Ms. Oliver forfeited their fiscal 2024 equity awards upon their respective departures. The equity awards granted to our NEOs in fiscal 2024 are set forth in the “Fiscal 2024 Summary Compensation Table” and the “Fiscal 2024 Grants of Plan-Based Awards Table” below. Welfare and Health Benefits Our executive officers, including our NEOs, are eligible to participate in all of our employee benefit plans, including medical, dental, vision, life and disability insurance, in each case on the same basis as our other employees, subject to applicable law. In addition, we provide an additional life insurance benefit to our CEO for the benefit of his heirs. We also provide vacation and other paid holidays to all our