Company: ABBV
Filing Date: 2025-03-10
Form Type: PRE 14A
Source: 0001558370-25-002603
Chunk: 18

Company: AbbVie Inc.
Filing Date: 2025-03-10
Form: PRE 14A
Chunk 18
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 responsibilities. ✓   The audit committee assists the Board of Directors in fulfilling its oversight responsibility with respect to AbbVie’s accounting and financial reporting practices and the audit process, the quality and integrity of AbbVie’s financial statements, including a review of significant accounting policies, the independent auditors’ qualifications, independence, and performance, the performance of AbbVie’s internal audit function and internal auditors, certain areas of legal and regulatory compliance, and enterprise risk management. The audit committee is directly responsible for the appointment, fees, retention, and oversight of the work of AbbVie’s independent auditors.✓   The audit committee also reviews information security and technology risks, including cybersecurity.✓   Each of the members of the audit committee is financially literate, as required of audit committee members by the NYSE, and the independence requirements set forth in Section 10A(m)(3) of the Securities Exchange Act of 1934, as amended (the ‘‘Exchange Act’’).✓   The Board of Directors has determined that Ms. Austin, Mr. Rapp, Mr. Tilton, and Mr. Waddell are each individually, an ‘‘audit committee financial expert.’’ |   |   |                     |

2025 Proxy Statement |25

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| THE BOARD OF DIRECTORS AND ITS COMMITTEES | ​ |

Compensation Committee

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| Members                                                       | ​ | Key Characteristics and Responsibilities                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                            |   |   | Meetings in 2024: 4 |
| B. Hart(Chair)R. AlpernR. AustinT. FreymanG. TiltonF. Waddell | ​ | ✓   The compensation committee is governed by a written charter. The charter sets forth the purposes of the compensation committee, identifies qualifications required for the compensation committee members, and describes the committee’s authority and responsibilities.✓   This committee assists the Board of Directors in carrying out the Board’s responsibilities relating to the compensation of AbbVie’s executive officers and directors. The compensation committee annually reviews the compensation paid to the directors and gives its recommendations to the full Board regarding both the amount of director compensation that should be paid and the allocation of that compensation between equity-based awards and cash.✓   In recommending director compensation, the compensation