Company: ACTG
Filing Date: 2025-04-09
Form Type: DEF 14A
Source: 0000934549-25-000014
Chunk: 24

Company: ACACIA RESEARCH CORP
Filing Date: 2025-04-09
Form: DEF 14A
Chunk 24
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 our compensation and benefit plans and policies would have a material adverse effect on our company.

For more information on the responsibilities and activities of the Compensation Committee see the section of this Proxy Statement entitled “ Executive Compensation and Related Information. ”

Nominating, Governance and Sustainability Committee . The Nominating, Governance and Sustainability Committee currently consists of Ms. Felman and Messrs. Kohlberg and Ribar, each of whom is independent under the listing standards of the Nasdaq Stock Market. Mr. Ribar currently serves as the Chairman of the Nominating, Governance and Sustainability Committee. The Nominating, Governance and Sustainability Committee held three meetings during the fiscal year ended December 31, 2024. The Nominating, Governance and Sustainability Committee recommended the director nominees to the Board for election at the Annual Meeting. The charter for the Nominating, Governance and Sustainability Committee provides that, among its specific responsibilities, the Nominating, Governance, and Sustainability Committee shall:

| • |     | Make recommendations to the Board about the appointment of directors to committees of the Board; and recommend the selection of chairs of these committees to the Board;                                                                                                                                                                                         |
| • |     | Periodically review and evaluate the criteria and qualifications for Board membership, including standards for assessing independence;                                                                                                                                                                                                                           |
| • |     | Identify and consider candidates, including those recommended by stockholders, to fill positions on the Board, and assess the contributions and independence of incumbent directors in determining whether to recommend them for reelection to the Board;                                                                                                        |
| • |     | Recommend to the Board candidates for election or reelection at each annual meeting of stockholders or nominees for election to fill interim vacancies on the Board and evaluate and recommend to the Board the termination of members of the Board as appropriate, in accordance with the Board’s governance principles, for cause or for other proper reasons; |
| • |     | Review periodically and make recommendations to the Board regarding the Company’s succession plans for the Board;                                                                                                                                                                                                                                                |
| • |     | Annually review the Company’s corporate governance processes, and its governance principles, including such issues as the Board’s organization, membership terms, and the structure and frequency of Board meetings, and recommend appropriate changes to the Board;                                                                                             |
| • |     | Evaluate the composition, size, tenure, organization and governance of the Board and its committees and take steps and make recommendations to the Board as necessary;                                                                                                                                                                                           |

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| • |     | Monitor and oversee the functions