Company: REVB
Filing Date: 2025-05-29
Form Type: PRE 14A
Source: 0000950170-25-078948
Chunk: 17

Company: REVELATION BIOSCIENCES, INC.
Filing Date: 2025-05-29
Form: PRE 14A
Chunk 17
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 its entirety by reference to Annex A. Our board of directors is recommending that our stockholders approve the amendment to adjust the number of shares reserved and available for issuance under the 2021 Equity Plan under its “evergreen” feature quarterly rather than annually. Summary of Sound Governance Features of the 2021 Equity Plan The board of directors believes that the 2021 Equity Plan contains several features that are consistent with protecting the interests of our stockholders and sound corporate governance practices, including the following:

| ✓ |     | Will not be excessively dilutive to stockholders |     | ✓ |     | No re-pricing of “underwater” stock options or SARs without stockholder approval |
| ✓ |     | No tax gross-ups                                 |     | ✓ |     | No reload options or SARs                                                        |
| ✓ |     | Clawback provisions                              |     | ✓ |     | No discounted options or SARs                                                    |
| ✓ |     | Limits on director compensation                  |     |   |     |                                                                                  |

Summary of the 2021 Equity Plan The following is a summary of the principal features of the 2021 Equity Plan. The summary is qualified in its entirety by reference to the full text of the 2021 Equity Plan, which is set forth in Appendix A. Purpose The purpose of the 2021 Equity Plan is to advance the interests of Revelation and its stockholders by enabling Revelation and its subsidiaries to attract and retain qualified individuals to perform services, to provide incentive compensation for such individuals in a form that is linked to the growth and profitability of Revelation and increases in stockholder value, and to provide opportunities for equity participation that align the interests of recipients with those of its stockholders.

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Administration

The board of directors of Revelation administers the 2021 Equity Plan. The board has delegated plan administration to the Compensation Committee, which is comprised of independent directors. Subject to certain limitations, the Committee has broad authority under the terms of the 2021 Equity Plan to take certain actions under the plan.

To the extent permitted by applicable law, the Committee may delegate to one or more of its members or to one or more officers of Revelation such administrative duties or powers, as it may deem advisable. The Committee may authorize one or more directors or officers of Revelation to designate employees, other than officers, non-employee directors, or 10% stockholders of Revelation, to receive awards under the 2021 Equity Plan and determine the size of any such awards, subject to certain