Company: SMNR
Filing Date: 2025-10-21
Form Type: S-1
Source: 0001193125-25-245178
Chunk: 286

Company: Semnur Pharmaceuticals, Inc.
Filing Date: 2025-10-21
Form: S-1
Chunk 286
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 and other members of senior management; |

| • |     | conducting periodic reviews of the base compensation levels of all of Semnur’s employees generally; |

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| • |     | reviewing and approving compensation programs as well as the type and amount of compensation to be paid or awarded to non-employee directors; |

| • |     | reviewing and approving the adoption, amendment and termination of Semnur’s stock option plans, stock appreciation rights plans, pension and profit sharing plans, incentive plans, stock bonus plans, stock purchase plans, bonus plans, deferred compensation plans, 401(k) plans, supplemental retirement plans and similar programs, if any, and the aggregate cash amounts and numbers of shares to be paid or reserved for issuance thereunder; and administering all such plans, establishing guidelines, interpreting plan documents, selecting participants, approving grants and awards and exercising such other power and authority as may be permitted or required under such plans; |

| • |     | reviewing Semnur’s incentive compensation arrangements to determine whether such arrangements encourage excessive risk-taking, reviewing and discussing at least annually the relationship between Semnur’s risk management policies and practices and compensation and evaluating compensation policies and practices that could mitigate any such risk; and |

| • |     | reviewing human capital management strategies, programs and policies, including, but not limited to, those regarding recruitment, retention, career development, diversity, equity and inclusion, pay equity, workplace culture and employee engagement. |

In addition, once Semnur ceases to be an “emerging growth company,” as defined in the JOBS Act, the responsibilities of the Compensation Committee will also include:

| • |     | reviewing and discussing with appropriate executive officers of Semnur compensation-related proposals to be considered at Semnur’s annual meeting, including the Say on Pay Vote and the frequency of the Say on Pay Vote, and the results of any stockholder advisory votes and, based on such discussions, providing recommendations to the Board; and |

| • |     | reviewing and discussing with management Semnur’s Compensation Discussion and Analysis, and recommending to the Board that the Compensation Discussion and Analysis be approved for inclusion in Semnur’s annual reports on Form 10-K, registration statements, Semnur’s annual meeting proxy statements and information statements. |

Under its charter, the Compensation Committee may form, and delegate authority to, subcommittees as appropriate. The Compensation Committee will review, discuss and assess its own performance and composition at least annually. The Compensation Committee will also periodically review and assess