Company: PRTA
Filing Date: 2025-03-28
Form Type: DEF 14A
Source: 0001559053-25-000017
Chunk: 63

Company: PROTHENA CORP PUBLIC LTD CO
Filing Date: 2025-03-28
Form: DEF 14A
Chunk 63
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 |     | Pay for performance.A significant percentage of total target compensation is pay at-risk that is connected to performance.                                                                                            |     |                |     | No guaranteed annual salary increases or bonuses.Our named executive officers' salary increases are assessed individually, and their annual cash incentives are tied to corporate and individual performance.                                                                                                                                                                                             |
|            |     | Strong link between performance measures and strategic objectives.Performance measures for cash incentive compensation are linked to business priorities designed to create long-term shareholder value.              |     |                |     | No tax gross-ups.We do not provide any tax gross-ups to our named executive officers.                                                                                                                                                                                                                                                                                                                     |
|            |     | Independent compensation consultant.The Committee retains an independent compensation consultant to review our executive compensation program and practices.                                                          |     |                |     | No perquisites.We do not provide any perquisites or personal benefits to our named executive officers.                                                                                                                                                                                                                                                                                                    |
|            |     | Annual comparator peer group review.The Committee, in conjunction with our compensation consultant, determines the composition of our comparator peer group at least annually.                                        |     |                |     | No executive retirement plans.We do not maintain executive or supplemental retirement plans.                                                                                                                                                                                                                                                                                                              |
|            |     | Double-trigger change-in-control severance arrangements.All of our change-in-control severance arrangements for both cash and equity have double triggers requiring a change-in-control and a qualifying termination. |     |                |     | No option exchange or repricing permitted without shareholder approval.Our equity incentive compensation plan expressly prohibits repricing of equity awards and cash-buyouts of "underwater" awards without shareholder approval.                                                                                                                                                                        |
|            |     | Annual say-on-pay vote.The Company seeks annual input from our shareholders regarding our named executive officer compensation.                                                                                       |     |                |     | No hedging or pledging permitted.We prohibit our executive officers from engaging in speculative transactions in our ordinary shares, including short sales, transactions in put or call options, hedging transactions and other inherently speculative transactions; from entering into any form of hedging or monetization transactions; and from pledging our ordinary shares as collateral for loans. |

| Shareholder Approval of Executive Compensation |

At the 2024 annual general meeting of our shareholders, our shareholders voted to approve the 2023 compensation of our named executive officers, with 99% of the shares cast at the meeting voting to approve that compensation. The Committee reviewed the result of this advisory vote by shareholders on our

executive compensation and, based on this strong favorable shareholder response to our existing executive