Company: PFSA
Filing Date: 2025-05-13
Form Type: S-4/A
Source: 0001213900-25-042224
Chunk: 468

Company: Profusa, Inc.
Filing Date: 2025-05-13
Form: S-4/A
Chunk 468
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 are no family relationships among any of Profusa’s directors or executive officers. 261

EXECUTIVE AND DIRECTOR COMPENSATION OF PROFUSA This section discusses the material components of the executive compensation program for Profusa’s named executive officers identified in the 2024 Summary Compensation Table below. This discussion may contain forward -lookingstatements that are based on New Profusa’s current plans, considerations, expectations and determinations regarding future compensation programs. Actual compensation programs that New Profusa adopts following the completion of the business combination may differ materially from the existing and currently planned programs summarized or referred to in this discussion. Overview We have opted to comply with the executive compensation disclosure rules applicable to emerging growth companies, as NorthView Acquisition Corp. is an emerging growth company. The scaled down disclosure rules are those applicable to “smaller reporting companies,” as such term is defined in the rules promulgated under the Securities Act. Such rules, in the context of an S -4Registration Statement, require compensation disclosure for Profusa’s principal executive officer and its two most highly compensated executive officers other than the principal executive officer whose total compensation for 2024 exceeded $100,000, who were serving as executive officers as of December 31, 2024 and who will continue with New Profusa. We refer to these individuals as “named executive officers.” For 2024, Ben Hwang, Chief Executive Officer and Chairman, was Profusa’s only “named executive officer.” Profusa only had one named executive officer who will continue with New Profusa. We expect that New Profusa’s executive compensation program will evolve to reflect its status as a newly publicly -tradedcompany, while still supporting New Profusa’s overall business and compensation objectives. 2024 Compensation of Named Executive Officer Cash Compensation Base salaries are intended to provide a level of compensation sufficient to attract and retain an effective management team, when considered in combination with the other components of the executive compensation program. In general, Profusa provides a base salary level designed to reflect the executive officer’s scope of responsibility and accountability. While cash bonuses have been provided on a discretionary basis in prior years, Dr. Hwang did not receive a cash bonus with respect to 2024. Equity Awards While Profusa maintains an equity compensation plan, during 2024, Dr. Hwang did not receive any equity awards with respect to Profusa and, as of December 31, 2024, Dr. Hwang did not hold any outstanding equity awards with respect to Profusa. 2024 Summary Compensation Table