Company: SCLXW
Filing Date: 2025-05-16
Form Type: DEF 14A
Source: 0000950170-25-073612
Chunk: 34

Company: Scilex Holding Co
Filing Date: 2025-05-16
Form: DEF 14A
Chunk 34
---
                 $       127,500 |       $       42,770 | —                          | $     170,270 |
| Annu Navani, M.D.(3)           |              $                — |        $     239,225 | —                          | $     239,225 |
| Former Non-Employee Director   |                                 |                      |                            |               |
| David Lemus(4)                 |                 $       120,000 |       $       88,630 | —                          | $     208,630 |

| (1) | Dr. Ji, our Executive Chairperson, and Mr. Shah, our Chief Executive Officer and President, are not included in this table, as each of them was our employee and therefore receives no compensation for his service as a director. Dr. Ji’s and Mr. Shah’s compensation as named executive officers are included in the section titled “Executive Compensation — Summary Compensation Table” below. |
| (2) | As of December 31, 2024, each of our current non-employee directors held options to purchase the following number of shares of our Common Stock: Dr. Chun: 2,857; Mr. Followwill: 5,685; Dr. Wu: 2,857; and Dr. Navani: 7,142.                                                                                                                                                                      |
| (3) | Dr. Navani was appointed to our Board on July 21, 2024.                                                                                                                                                                                                                                                                                                                                             |
| (4) | Mr. Lemus resigned from our Board effective November 27, 2024. As of December 31, 2024, Lemus held options to purchase 71 shares of our Common Stock.                                                                                                                                                                                                                                               |

<div align='center'>26

PROPOSAL NO. 1

ELECTION OF DIRECTORS</div>

Our Board is currently composed of six members. In accordance with our Certificate of Incorporation, our Board is divided into three staggered classes of directors. At the Annual Meeting, two Class III directors will be elected for a three-year term to succeed the same class whose term is then expiring.

Each director’s term continues until the election and qualification of his or her successor, or such director’s earlier death, resignation or removal. Any increase or decrease in the number of directors will be distributed among the three classes so that, as nearly as possible, each class will consist of one-third of our directors. This classification of our Board may have the effect of delaying or preventing changes in the