Company: GNMSF
Filing Date: 2025-02-12
Form Type: 20-F
Source: 0001558370-25-000846
Chunk: 111

Company: GENMAB A/S
Filing Date: 2025-02-12
Form: 20-F
Item: Item 6
Chunk 111
---
 and a summary of the holders of such warrants as of December 31, 2024.
Warrant Compensation
​
During 2024, no members of Executive Management were granted warrants by our Board. Following an amendment to the Remuneration Policy at our 2023 Annual General Meeting, members of Executive Management and members of the Board may only be granted RSUs.

​   ​   ​   ​   ​   ​
---------------------
Restricted Stock Unit Program
We have established an RSU program as an incentive for all our employees, members of Executive Management and members of the Board. RSUs are granted and performance vesting criteria, if any, are decided by the Board in its sole discretion. RSUs granted to members of Executive Management and members of the Board are subject to the Remuneration Policy or any incentive guidelines or remuneration principles adopted by the shareholders at the general meeting preceding the Remuneration Policy.
See Note 4.6 to our Audited Financial Statements included in our Annual Report 2024 for more details of our RSU program, our outstanding RSUs and a summary of the holders of such RSUs as of December 31, 2024. 
​

87

Restricted Stock Unit Compensation
During 2024, our Board granted the following RSUs to members of our Board and our Executive Management: 

                          ​                                      ​            ​      ​      ​                   ​                 
----------------------------------------------------------------------------------------------------------------------------------
Name of Board Member or Executive Management, Position   Award Date           ​   Granted   ​   Share Price at Date of Grant (DKK)
Deirdre P. Connelly,                                     March 13, 2024       ​       837   ​                                2,144
Chair                                                                                                                             
Pernille Erenbjerg,                                      March 13, 2024       ​       698   ​                                2,144
Deputy Chair                                                                                                                      
Anders Gersel Pedersen,                                  March 13, 2024       ​       698   ​                                2,144
Board Member                                                                                                                      
Paolo Paoletti,                                          March 13, 2024       ​       698   ​                                2,144
Board Member                                                                                                                      
Rolf Hoffmann,                                           March 13, 2024       ​       698   ​                                2,144
Board Member                                                                                                                      
Elizabeth O'Farrell,                                     March 13, 2024       ​       698   ​                                2,144
Board