Company: VCYT
Filing Date: 2025-04-29
Form Type: DEF 14A
Source: 0001384101-25-000051
Chunk: 57

Company: VERACYTE, INC.
Filing Date: 2025-04-29
Form: DEF 14A
Chunk 57
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 the table below. The target opportunities as a percentage of base salary for our incumbent NEOs were unchanged when compared to 2023. The maximum funding under the plan is 150% of target.

| Executive        |     |     | Target Annual Incentive 
 (as % of base salary)   |
| Marc Stapley     |     | 100 |                         |
| Rebecca Chambers |     |  55 |                         |
| Phillip Febbo    |     |  55 |                         |
| John Leite       |     |  55 |                         |
| Annie McGuire    |     |  55 |                         |

#### Veracyte2025 Proxy Statement53

#### Executive Compensation

#### 2024 Bonus Plan Awards
In February 2024, the independent members of our Board of Directors, on the recommendation of the Compensation Committee, approved corporate goals for our 2024 annual bonus plan. Under the plan, eligible employees, including our NEOs, were eligible to receive a cash bonus if we achieved the corporate goals approved by our Board of Directors, as described in the table below.

The Compensation Committee maintained revenue as the primary financial performance measure to be used to determine annual cash bonuses as it is the best indicator of our growth in terms of aggregate test volume and sales, and successful execution of our annual operating plan. In addition, the Compensation Committee maintained our cash balance as a second key measure to determine annual cash bonuses to provide an incentive to manage our cash expenditures as we navigated toward profitability.

With respect to our NEOs, the bonus pool could be funded from 0% to 150% based upon achieving certain annual revenue and ending cash balance goals that were pre-established to align with our long-range goals as follows:

|              |     |    |           |     | Funding Amount |    |       |     |     |       |     |     |       |
| Goals        |     |    | Weighting |     |                | 75 | %     |     | 100 | %     |     | 150 | %     |
| Revenue      |     | 60 | %         |     |                |    | $394M |     |     | $408M |     |     | $436M |
| Cash Balance |     | 40 | %         |     |                |    | $228M |     |     | $245M |     |     | $279M |

For 2024, the annual incentive bonuses for the NEOs were determined