Company: PGEN
Filing Date: 2025-05-16
Form Type: DEF 14A
Source: 0001140361-25-019470
Chunk: 30

Company: PRECIGEN, INC.
Filing Date: 2025-05-16
Form: DEF 14A
Chunk 30
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 of directors of Citigroup Inc., a leading global bank since 2013, Emerson Electric Co., a global automation leader bringing technology and engineering together to provide innovative solutions for the world’s most essential industries, since July 2013 and Northrop Grumman Corporation, a leading global security company providing innovative systems, products and solutions to government and commercial customers worldwide, since April 2015. Mr. Turley has also served as a board member of Kohler Company since April 2016 and St. Louis Trust & Family Office since April 2019 (privately-held companies) and a board member of various philanthropic organizations. Mr. Turley holds an undergraduate degree and a master’s degree in accounting from Rice University. 
 We believe Mr. Turley’s extensive management experience as the former Chairman and Chief Executive Officer of one of the world’s largest accounting firms, his accounting and financial expertise, and his experience in serving on the boards of directors of publicly traded companies make him well qualified to serve on the Board. Having served as Chair and CEO of Ernst & Young, Mr. Turley developed significant expertise in the areas of compensation, litigation, corporate affairs, and corporate governance.                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                            |

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TABLE OF CONTENTS

DIRECTOR COMPENSATION Non-Employee Director Compensation The compensation of our non-employee directors is established by the Compensation Committee and the Board. This compensation is periodically reviewed by the Compensation Committee based on market practice information provided by our outside compensation consultant, to ensure continued alignment with company goals and shareholder interest. Under our non-employee director compensation policy adopted in December 2017, our non-employee directors received in 2024 the compensation set forth in the table below. We also reimburse our non-employee directors for reasonable out-of-pocket expenses incurred in connection with attending Board and committee meetings.

| Element of Compensation                    |     |                 Compensation Amount |
| Annual Retainer for Board Chair(1)         |     |                            $100,000 |
| Annual Retainer for Other Board Members(1) |     |                             $50,000 |
| Committee Chair Additional Retainer(1)     |     |                             $12,500 |
| Committee Member Additional Retainer(1)    |     |                              $6,500 |
| Annual Equity Awards                       |     | Options with a value of $125,000(2) |
|                                            |     |    RSUs with a value of $125,000(3) |
| Initial Appointment Equity Awards          |     | Options with