Company: VCYT
Filing Date: 2025-04-29
Form Type: DEF 14A
Source: 0001384101-25-000051
Chunk: 29

Company: VERACYTE, INC.
Filing Date: 2025-04-29
Form: DEF 14A
Chunk 29
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 considered to be a non-routine proposal on which a broker or other nominee does not have discretionary authority to vote.

| The Board of Directors recommends a vote for the selection of“ONE YEAR”as the frequency with which we will hold an advisory vote to approve the compensation of our Named Executive Officers. |

#### Veracyte2025 Proxy Statement29
| PROPOSAL FIVE |

Approval of Amendment to Veracyte, Inc. 2023 Equity Incentive Plan

We are asking our stockholders to approve an amendment to the Veracyte, Inc. 2023 Equity Incentive Plan (the “2023 Plan,” and such amendment, the “Plan Amendment”) to increase the number of shares that may be issued under the 2023 Plan. Our Board of Directors has approved the Plan Amendment, subject to stockholder approval.

Our Board of Directors has determined that it is in the best interests of the company and our stockholders to seek approval of the Plan Amendment to increase the number of shares that may be issued under the 2023 Plan by 2,500,000 shares.

If our stockholders do not approve the Plan Amendment, the number of shares available for grant under the 2023 Plan wi ll not be increased and we will be limited in granting equity using the then-existing shares as a tool to attract and retain key talent.

Rationale for and Reasons Why the Board Recommends a Vote FOR the Plan Amendment

Equity Compensation Is a Critical Element of Our Compensation Program

We believe that our equity incentive compensation program aligns the interests of management, employees and stockholders to create long-term stockholder value. We strongly believe that the approval of the Plan Amendment is essential to our continued success because we otherwise may not have sufficient shares available under our 2023 Plan to attract and retain new employees or to motivate and retain our existing employees.

We believe that our future success and our ability to remain competitive depend on our ability to attract, retain and motivate highly qualified talent in an increasingly competitive market. The use of equity compensation, including the grant of options, RSUs and certain performance-based restricted stock units (“PSUs”), is a cornerstone of our strategy to attract and retain top-caliber employees. We currently grant RSUs to most U.S. employees, a mix of RSUs and PSUs to our executives and RSUs to our non-employee directors. Employee ownership in Veracyte aligns employee interests with those of our stockholders, incentivizing hard work for Veracyte's future growth and success