Company: LCTX
Filing Date: 2025-04-29
Form Type: DEF 14A
Source: 0000950170-25-060090
Chunk: 36

Company: Lineage Cell Therapeutics, Inc.
Filing Date: 2025-04-29
Form: DEF 14A
Chunk 36
---
 RSUs are forfeited. The 100,000 RSUs that would have vested on or prior to each of March 9, 2023, March 9, 2024, and March 9, 2025 were forfeited.

<div align='center'>-25-</div>

Clawback Policy We have adopted a Policy for Recovery of Erroneously Awarded Compensation (also known as a clawback policy) that is compliant with the NYSE American listing rules, as required by the Dodd-Frank Act, a copy of which is an exhibit to our Annual Report on Form 10-K filed with the SEC on March 10, 2025. Policies and Procedures Related to the Grant of Certain Equity Awards Our Compensation Committee or Board reviews and approves individual equity grants to our employees, including our executive officers, and directors. Historically, annual equity grants to our employees, including our executive officers, typically are reviewed and approved on or around the time of our Board’s first regularly scheduled meeting each year as part of our annual compensation review cycle, which usually occurs in late February or early March of each year. The grant date for the annual equity grants to our employees, including our executive officers, is the date we file our annual report on Form 10-K regardless of any information that may be reported in such annual report that could impact our share price, whether it may be positive or negative. The timing of any equity grants to newly-hired employees, or in connection with promotions or other non-routine grants, is generally tied to the event giving rise to the award and the grant date is generally the date such individual commences employment with us or if later, the date of Compensation Committee or Board approval. We grant our non-employee directors a stock option to purchase our common shares in connection with their initial appointment or election to our Board at the time of such appointment and election. We also grant each of our non-employee directors an annual stock option to purchase our common shares, which historically have been granted on July 1 of each year. Our Board or Compensation Committee may also approve grants to our employees at other times as they deem appropriate. For all stock option awards, the exercise price is no less than the closing price of our common stock on the grant date. Our Board does not take material nonpublic information into account when determining the timing and terms of equity awards and we do not time the disclosure of material nonpublic information for the purpose of affecting the value of executive compensation.

As required by Item 402(x)