Company: PACB
Filing Date: 2025-04-23
Form Type: DEF 14A
Source: 0001299130-25-000090
Chunk: 28

Company: PACIFIC BIOSCIENCES OF CALIFORNIA, INC.
Filing Date: 2025-04-23
Form: DEF 14A
Chunk 28
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 agreements that require Board of Directors approval;

• reviewing the Company’s overall quality strategy and processes in place to monitor and control product quality;

• periodically reviewing results of product quality and quality system assessments by us and external parties; and

• reviewing important product quality issues and field actions by us.

| Director Compensation |

#### Director Compensation Policy
Employee directors are not compensated for their services on our Board of Directors in addition to their regular employee compensation.

Our non-employee directors are compensated in accordance with the Company’s Outside Director Compensation Policy (as most recently amended in April 2025, the “ Director Compensation Policy ” ). A summary of the Director Compensation Policy is set forth below. The Compensation Committee’s independent compensation consultant, Aon ’ s Human Capital Solutions practice, a division of Aon plc ( “ Aon ” ), regularly conducts a review of our director compensation policies and practices to advise on whether they are competitive with the market.

#### Cash Compensation
Each non-employee member of the Board of Directors was eligible to receive the following cash compensation, which is paid quarterly in equal installments in advance:

• Each non-employee director is paid an annual cash retainer of $40,000. There are no per-meeting attendance fees for attending meetings of the Board of Directors or meetings of any committee of the Board of Directors.

• The chair of our Audit Committee is paid an annual retainer of $20,000 and members of our Audit Committee other than the chair are paid an annual retainer of $10,000;

• The chair of our Compensation Committee is paid an annual retainer of $14,000, and members of our Compensation Committee other than the chair are paid an annual retainer of $7,000;

• The chair of our Corporate Governance and Nominating Committee is paid an annual retainer of $10,000, and members of our Corporate Governance and Nominating Committee other than the chair are paid an annual retainer of $5,000;

| 2025 Proxy Statement |     | 21 |

TABLE OF CONTENTS

• The chair of our Science and Technology Committee is paid an annual retainer of $10,000, and the members of our Science and Technology Committee other than the chair are paid an annual retainer of $5,000; and

• The chair of our Board of Directors is paid an annual retainer of $40,000.

We reimburse our non-employee directors for all reasonable out-of-pocket expenses incurred in the performance of their duties as directors.

#### Equity

#### Compensation