Company: ANTX
Filing Date: 2025-04-10
Form Type: DEF 14A
Source: 0000950170-25-052852
Chunk: 41

Company: AN2 Therapeutics, Inc.
Filing Date: 2025-04-10
Form: DEF 14A
Chunk 41
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| Rob Readnour, Ph.D.      |   |               | 108,969 |
| Melvin Spigelman, M.D.   |   |               | 115,548 |
| Stephanie Wong           |   |               | 123,606 |
| Joseph Zakrzewski        |   |               | 198,606 |

We also reimburse our non-employee directors for their reasonable out-of-pocket travel expenses in connection with their attendance at in-person Board and committee meetings. Non-Employee Director Compensation Policy Our Board adopted a non-employee director compensation policy (the “Director Compensation Policy”), effective as of March 24, 2022, and revised on March 28, 2024 and November 21, 2024. Under the Director Compensation policy, each non-employee director is eligible to receive compensation for his or her service consisting of the following annual cash retainers and equity awards. Our Board has the discretion to revise the Director Compensation Policy as it deems necessary or appropriate. Cash Compensation All non-employee directors are entitled to receive the following cash compensation for their services, payable in equal quarterly installments:

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$40,000 per year for services as a Board member;

$30,000 per year additionally for service as chair of the Board;

$25,000 per year additionally for service as lead independent director of the Board;

$15,000 per year additionally for service as chair of the audit committee or $7,500 per year additionally for service as an audit committee member;

$15,000 per year additionally for service as chair of the compensation committee or $7,500 per year additionally for service as a compensation committee member; and

$8,000 per year additionally for service as chair of the nominating and corporate governance committee or $4,000 per year additionally for service as a nominating and corporate governance committee member.

For clarity, each non-employee director who serves as the chair of a committee will receive only the annual fee for services as the chair of the committee and not the additional annual fee for services as a member of the committee, provided that any non-employee director who serves as the Board chair or lead independent director will receive the annual fee for services as the Board chair or lead independent director, as applicable, and the annual fee for services as a Board member.

Equity Compensation

All non-employee directors are entitled to receive all types of awards (except incentive stock options) under the 2022 Plan including