Company: TVRD
Filing Date: 2025-05-30
Form Type: S-1
Source: 0001104659-25-054853
Chunk: 260

Company: Tvardi Therapeutics, Inc.
Filing Date: 2025-05-30
Form: S-1
Chunk 260
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, provided that (i) any modification or amendment does not materially and adversely affect the rights of participants under the 2018 Plan and (ii) stockholder approval is obtained where such approval is required by applicable law.

#### Non-Employee Director Compensation
Prior to the Merger, Legacy Tvardi provided a $25,000 annual cash retainer, paid in arrears in four quarterly installments, to Mr. Shah and Mr. Wyzga for their service on its board of directors. It also from time to time provided equity compensation to certain non-employee directors for their service on its board of directors.

Legacy Tvardi also had a policy of reimbursing all of its non-employee directors for their reasonable out-of-pocket expenses in connection with attending board of directors and committee meetings. Legacy Tvardi reimbursed all of its non-employee directors for their reasonable out-of-pocket expenses incurred in attending board of directors and committee meetings.

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The following table sets forth information regarding compensation earned with respect to the fiscal year ended December 31, 2024, by each individual who served as a non-employee director of Legacy Tvardi during such fiscal year.

| ​                  | ​ |          ​ | ​ | ​      | ​ |            ​ | ​ |      ​ |
| ​                  |   |       Fees |   | ​      |   |            ​ |   |      ​ |
| ​                  | ​ |     Earned | ​ | ​      | ​ |            ​ | ​ |      ​ |
| ​                  | ​ | or Paid in | ​ | Option | ​ |    All Other | ​ |      ​ |
| ​                  | ​ |       Cash | ​ | Awards | ​ | Compensation | ​ |  Total |
| Name(5)(6)         |   |         -$ |   | -$)(2  |   |        -$)(3 |   |     -$ |
| Sujal Shah(1)      | ​ |     25,000 | ​ | —      | ​ |            — | ​ | 25,000 |
| Wallace Hall       | ​ |          — | ​ | —      | ​ |            — | ​ |      — |
| Jamie McNab(4)     | ​ |          — | ​ | —      | ​ |            — | ​ |      — |
| Michael Wyzga(1)   | ​ |     25,000 | ​ | —      |