Company: FENC
Filing Date: 2025-04-25
Form Type: DEF 14A
Source: 0001558370-25-005563
Chunk: 22

Company: FENNEC PHARMACEUTICALS INC.
Filing Date: 2025-04-25
Form: DEF 14A
Chunk 22
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5,

| 2. | The Equity Incentive Plan, as so amended, is hereby approved, ratified and confirmed; and |

3.any officer of the Corporation be and is hereby authorized to do all such things and to sign, execute anddeliveranyandalldocumentsandinstrumentsasmaybenecessaryoradvisableinordertogiveeffect to this resolution.” TheEquityIncentivePlandoesnotlimittheparticipationofinsiders.Votesattachedtothesecuritiesheldbyallinsiders eligible to participate in the Equity Incentive Plan (the “ Eligible Insiders”) will be excluded from voting on the above resolution. Accordingly, shareholders, other than the Eligible Insiders, will be asked to approve the amendments to the EquityIncentivePlanasdescribedabove,suchamendmentsrequiringapprovalbyasimplemajorityofvotescast.Asof the record date, Eligible Insiders hold 462,676 common shares, which shares will be excluded from the vote. The board recommends voting FOR the proposed amendments to the Equity Incentive Plan. The persons named in the enclosed form of proxy will vote FOR the proposed amendments to the Equity Incentive Plan , unless a Shareholder has specified in the proxy that his or her Common Shares are to be voted against or withheld from voting in respect thereof.

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<div align='center'>EXECUTIVE COMPENSATION</div>

#### Compensation Discussion and Analysis
This discussion relates to the Named Executive Officers listed in the Summary Compensation Table below.

Mandate of the Compensation Committee

It is the task of the Compensation Committee to periodically review Fennec’s compensation structure with respect to its Named Executive Officers, including its Chief Executive Officer, to ensure that Fennec continues to attract and retain qualified and experienced individuals to its management team and to motivate these individuals to perform to the best of their ability and in Fennec’s best interests. The Compensation Committee determines the compensation of the Named Executive Officers, evaluates and approves the compensation plans, policies and programs of the Corporation and recommends to the Board from time to time other incentive compensation plans that it determines should be considered.

In reviewing executive compensation, the Compensation Committee relies on the advice of the Chief Executive Officer regarding other executive officers and allows him to participate in the Committee’s deliberations on those executive officers. The Chief Executive Officer, however, is not allowed to participate in the Committee’s deliberations on his compensation. The Compensation Committee may not delegate any of its responsibilities to another