Company: IMCR
Filing Date: 2025-03-24
Form Type: PRE 14A
Source: 0001140361-25-010035
Chunk: 69

Company: Immunocore Holdings plc
Filing Date: 2025-03-24
Form: PRE 14A
Chunk 69
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 and are intended to provide a fixed component of compensation reflecting the executive’s skill set, experience, role and responsibilities. In February 2024, the remuneration committee reviewed the base salaries of our named executive officers and approved base salaries increases, as reflected below, for each of the named executive officers. The remuneration committee determined increases were appropriate in light of each executive’s individual performance and target total cash compensation (consisting of base salary and target bonus opportunity) compared to applicable market and peer group data. The fiscal year 2024 base salaries of our named executive officers which became effective March 1, 2024, are reflected below.

| Named Executive Officer |     | Base Salary Adjustment 
          in March 2024 |     | Percentage Increase 
 from Fiscal Year    
 2023 Base Salary    |
| Bahija Jallal           |     |               $765,000 |     | 4.08%               |
| Brian Di Donato         |     |               $470,000 |     | 7.80%(1)            |
| David Berman            |     |               $540,000 |     | 4.85%               |
| Tina St. Leger(2)       |     |               $364,258 |     | 2.89%               |

| (1) | Mr. Di Donato’s base salary positioning relative to the changes in the year-over-year market data for his role, in part, drove his higher base salary increase compared to the other named executive officers. |

| (2) | Ms. St. Leger’s base salary is paid in British Pounds. This amount represents the approximate dollar value of her base salary converted to United States Dollars using the British Pound to United States dollar exchange rate of 1.2781, which represents an average for fiscal year 2024. |

Annual Performance Bonuses The annual performance cash bonuses for our named executive officers are tied to achievement of our goals and objectives as set forth in the corporate scorecard for the relevant fiscal year. We develop our corporate scorecard each year based upon our performance goals and strategic priorities for the upcoming year. This corporate scorecard applies to our named executive officers and to all our other employees who are eligible for annual performance cash bonuses. Each eligible employee has a target annual performance incentive opportunity that corresponds to achievement of 100% of the performance goals comprising the corporate scorecard. Annually, the corporate performance metrics and overall scorecard are approved by the Board of Directors and adopted by