0001991792 ecd:YrEndFrValOfEqtyAwrdsGrntdInCvrdYrOutsdngAndUnvstdMember ecd:NonPeoNeoMember 2024-01-01 2024-12-31 0001991792 2 2025-01-01 2025-12-31 0001991792 ecd:EqtyAwrdsInSummryCompstnTblForAplblYrMember ecd:PeoMember 2024-01-01 2024-12-31 0001991792 ecd:YrEndFrValOfEqtyAwrdsGrntdInCvrdYrOutsdngAndUnvstdMember ecd:PeoMember 2024-01-01 2024-12-31 0001991792 ecd:VstngDtFrValOfEqtyAwrdsGrntdAndVstdInCvrdYrMember ecd:NonPeoNeoMember 2025-01-01 2025-12-31 0001991792 ecd:FrValAsOfPrrYrEndOfEqtyAwrdsGrntdInPrrYrsFldVstngCondsDrngCvrdYrMember ecd:PeoMember 2024-01-01 2024-12-31 0001991792 ecd:FrValAsOfPrrYrEndOfEqtyAwrdsGrntdInPrrYrsFldVstngCondsDrngCvrdYrMember ecd:NonPeoNeoMember 2025-01-01 2025-12-31 0001991792 ecd:ChngInFrValAsOfVstngDtOfPrrYrEqtyAwrdsVstdInCvrdYrMember ecd:PeoMember 2024-01-01 2024-12-31 0001991792 ecd:ChngInFrValOfOutsdngAndUnvstdEqtyAwrdsGrntdInPrrYrsMember ecd:PeoMember 2024-01-01 2024-12-31 0001991792 2024-01-01 2024-12-31 0001991792 ecd:YrEndFrValOfEqtyAwrdsGrntdInCvrdYrOutsdngAndUnvstdMember ecd:PeoMember 2025-01-01 2025-12-31 0001991792 ecd:ChngInFrValOfOutsdngAndUnvstdEqtyAwrdsGrntdInPrrYrsMember ecd:NonPeoNeoMember 2024-01-01 2024-12-31 0001991792 3 2025-01-01 2025-12-31 0001991792 ecd:ChngInFrValAsOfVstngDtOfPrrYrEqtyAwrdsVstdInCvrdYrMember ecd:NonPeoNeoMember 2025-01-01 2025-12-31 0001991792 ecd:VstngDtFrValOfEqtyAwrdsGrntdAndVstdInCvrdYrMember ecd:NonPeoNeoMember 2024-01-01 2024-12-31 0001991792 ecd:FrValAsOfPrrYrEndOfEqtyAwrdsGrntdInPrrYrsFldVstngCondsDrngCvrdYrMember ecd:PeoMember 2025-01-01 2025-12-31 0001991792 ecd:FrValAsOfPrrYrEndOfEqtyAwrdsGrntdInPrrYrsFldVstngCondsDrngCvrdYrMember ecd:NonPeoNeoMember 2024-01-01 2024-12-31 0001991792 ecd:VstngDtFrValOfEqtyAwrdsGrntdAndVstdInCvrdYrMember ecd:PeoMember 2025-01-01 2025-12-31 0001991792 ecd:EqtyAwrdsInSummryCompstnTblForAplblYrMember ecd:NonPeoNeoMember 2024-01-01 2024-12-31 0001991792 ecd:EqtyAwrdsInSummryCompstnTblForAplblYrMember ecd:PeoMember 2025-01-01 2025-12-31 0001991792 2025-01-01 2025-12-31 0001991792 ecd:EqtyAwrdsInSummryCompstnTblForAplblYrMember ecd:NonPeoNeoMember 2025-01-01 2025-12-31 0001991792 ecd:YrEndFrValOfEqtyAwrdsGrntdInCvrdYrOutsdngAndUnvstdMember ecd:NonPeoNeoMember 2025-01-01 2025-12-31 0001991792 ecd:VstngDtFrValOfEqtyAwrdsGrntdAndVstdInCvrdYrMember ecd:PeoMember 2024-01-01 2024-12-31 0001991792 ecd:ChngInFrValAsOfVstngDtOfPrrYrEqtyAwrdsVstdInCvrdYrMember ecd:NonPeoNeoMember 2024-01-01 2024-12-31 0001991792 ecd:ChngInFrValOfOutsdngAndUnvstdEqtyAwrdsGrntdInPrrYrsMember ecd:NonPeoNeoMember 2025-01-01 2025-12-31 0001991792 1 2025-01-01 2025-12-31 0001991792 ecd:ChngInFrValAsOfVstngDtOfPrrYrEqtyAwrdsVstdInCvrdYrMember ecd:PeoMember 2025-01-01 2025-12-31 0001991792 ecd:ChngInFrValOfOutsdngAndUnvstdEqtyAwrdsGrntdInPrrYrsMember ecd:PeoMember 2025-01-01 2025-12-31 iso4217:USD 0001991792 false DEF 14A CG Oncology, Inc. true <h2 style="font-size:10pt;margin-top:2pt;font-family:Times New Roman;margin-bottom:10pt;text-align:center;">Pay Versus Performance</h2>The information below is provided in accordance with the SEC pay versus performance disclosure requirements set forth in Item 402(v) of Regulation S-K under the Exchange Act (“Pay Versus Performance Rules”). These Pay Versus Performance Rules require companies to disclose certain information about the relationship between the compensation of our principal executive officer (“PEO”) and non-PEO Named Executive Officers (“Non-PEO NEOs”) (as a group) and certain financial performance measures. The Company does not use any financial performance measures to link compensation actually paid (“CAP”) to Company performance. Consequently, no “Company Selected Measure” is included in the table below. <table style="margin-left:auto;border-spacing:0;table-layout:auto;width:91.0%;border-collapse:separate;margin-right:auto;"> <tr style="visibility:collapse;"> <td style="width:6.8%;box-sizing:content-box;"></td> <td style="width:13.1%;box-sizing:content-box;"></td> <td style="width:13.1%;box-sizing:content-box;"></td> <td style="width:16.84%;box-sizing:content-box;"></td> <td style="width:16.06%;box-sizing:content-box;"></td> <td style="width:11.58%;box-sizing:content-box;"></td> <td style="width:11.58%;box-sizing:content-box;"></td> <td style="width:10.94%;box-sizing:content-box;"></td> </tr> <tr style="height:14.4pt;background-color:#1c2d5a;white-space:pre-wrap;word-break:break-word;text-align:left;"> <td style="border-top:0.5pt solid;padding-top:0in;border-left:0.5pt solid;padding-left:0.075in;vertical-align:middle;padding-bottom:0in;padding-right:0.075in;"> </td> <td colspan="2" style="border-top:0.5pt solid;padding-top:0in;padding-left:0.075in;vertical-align:middle;padding-bottom:0in;padding-right:0.075in;">Arthur Kuan</td> <td style="border-top:0.5pt solid;padding-top:0in;padding-left:0.075in;vertical-align:middle;padding-bottom:0in;padding-right:0.075in;"> </td> <td style="border-top:0.5pt solid;padding-top:0in;padding-left:0.075in;vertical-align:middle;padding-bottom:0in;padding-right:0.075in;"> </td> <td style="border-top:0.5pt solid;padding-top:0in;padding-left:0.075in;vertical-align:middle;padding-bottom:0in;padding-right:0.075in;"> </td> <td style="border-top:0.5pt solid;padding-top:0in;padding-left:0.075in;vertical-align:middle;padding-bottom:0in;padding-right:0.075in;"> </td> <td style="border-top:0.5pt solid;padding-top:0in;border-right:0.5pt solid;padding-left:0.075in;vertical-align:middle;padding-bottom:0in;padding-right:0.075in;"> </td> </tr> <tr style="height:14.4pt;background-color:#1c2d5a;white-space:pre-wrap;word-break:break-word;text-align:left;"> <td style="padding-top:0in;border-left:0.5pt solid;padding-left:0.075in;vertical-align:bottom;padding-bottom:0in;padding-right:0.075in;">Fiscal Year</td> <td style="padding-top:0in;padding-left:0.075in;vertical-align:bottom;padding-bottom:0in;padding-right:0.075in;">Summary Compensation Table Total for PEO</td> <td style="padding-top:0in;padding-left:0.075in;vertical-align:bottom;padding-bottom:0in;padding-right:0.075in;">Compensation Actually Paid to PEO</td> <td style="padding-top:0in;padding-left:0.075in;vertical-align:bottom;padding-bottom:0in;padding-right:0.075in;">Average Summary Compensation Table Total for Non-PEO NEOs</td> <td style="padding-top:0in;padding-left:0.075in;vertical-align:bottom;padding-bottom:0in;padding-right:0.075in;">Average Compensation Actually Paid to Non-PEO NEOs</td> <td style="padding-top:0in;padding-left:0.075in;vertical-align:bottom;padding-bottom:0in;padding-right:0.075in;">Total Shareholder Return</td> <td style="padding-top:0in;padding-left:0.075in;vertical-align:bottom;padding-bottom:0in;padding-right:0.075in;">Peer Group Total Shareholder Return</td> <td style="padding-top:0in;border-right:0.5pt solid;padding-left:0.075in;vertical-align:bottom;padding-bottom:0in;padding-right:0.075in;">Net Income($M)</td> </tr> <tr style="height:14.4pt;background-color:#1c2d5a;white-space:pre-wrap;word-break:break-word;text-align:left;"> <td style="padding-top:0in;border-left:0.5pt solid;padding-left:0.075in;vertical-align:middle;padding-bottom:0in;border-bottom:0.5pt solid;padding-right:0.075in;">(a)</td> <td style="padding-top:0in;padding-left:0.075in;vertical-align:middle;padding-bottom:0in;border-bottom:0.5pt solid;padding-right:0.075in;">(b)</td> <td style="padding-top:0in;padding-left:0.075in;vertical-align:middle;padding-bottom:0in;border-bottom:0.5pt solid;padding-right:0.075in;">(c)</td> <td style="padding-top:0in;padding-left:0.075in;vertical-align:middle;padding-bottom:0in;border-bottom:0.5pt solid;padding-right:0.075in;">(d)</td> <td style="padding-top:0in;padding-left:0.075in;vertical-align:middle;padding-bottom:0in;border-bottom:0.5pt solid;padding-right:0.075in;">(e)</td> <td style="padding-top:0in;padding-left:0.075in;vertical-align:middle;padding-bottom:0in;border-bottom:0.5pt solid;padding-right:0.075in;">(f)</td> <td style="padding-top:0in;padding-left:0.075in;vertical-align:middle;padding-bottom:0in;border-bottom:0.5pt solid;padding-right:0.075in;">(g)</td> <td style="padding-top:0in;border-right:0.5pt solid;padding-left:0.075in;vertical-align:middle;padding-bottom:0in;border-bottom:0.5pt solid;padding-right:0.075in;">(h)</td> </tr> <tr style="height:15.1pt;white-space:pre-wrap;word-break:break-word;text-align:left;"> <td style="padding-top:0in;border-left:0.5pt solid;padding-left:0.075in;vertical-align:middle;padding-bottom:0in;border-bottom:0.5pt solid;padding-right:0.075in;">2025</td> <td style="padding-top:0in;padding-left:0.075in;vertical-align:middle;padding-bottom:0in;border-bottom:0.5pt solid;padding-right:0.075in;">$11,928,401</td> <td style="padding-top:0in;padding-left:0.075in;vertical-align:middle;padding-bottom:0in;border-bottom:0.5pt solid;padding-right:0.075in;">$28,624,473</td> <td style="padding-top:0in;padding-left:0.075in;vertical-align:middle;padding-bottom:0in;border-bottom:0.5pt solid;padding-right:0.075in;">$2,329,451</td> <td style="padding-top:0in;padding-left:0.075in;vertical-align:middle;padding-bottom:0in;border-bottom:0.5pt solid;padding-right:0.075in;">$3,729,253</td> <td style="padding-top:0in;padding-left:0.075in;vertical-align:middle;padding-bottom:0in;border-bottom:0.5pt solid;padding-right:0.075in;">$111.70</td> <td style="padding-top:0in;padding-left:0.075in;vertical-align:middle;padding-bottom:0in;border-bottom:0.5pt solid;padding-right:0.075in;">$131.07</td> <td style="padding-top:0in;border-right:0.5pt solid;padding-left:0.075in;vertical-align:middle;padding-bottom:0in;border-bottom:0.5pt solid;padding-right:0.075in;">($161.00)</td> </tr> <tr style="height:15.1pt;white-space:pre-wrap;word-break:break-word;text-align:left;"> <td style="padding-top:0in;border-left:0.5pt solid;padding-left:0.075in;vertical-align:middle;padding-bottom:0in;border-bottom:0.5pt solid;padding-right:0.075in;">2024</td> <td style="padding-top:0in;padding-left:0.075in;vertical-align:middle;padding-bottom:0in;border-bottom:0.5pt solid;padding-right:0.075in;">$11,172,212</td> <td style="padding-top:0in;padding-left:0.075in;vertical-align:middle;padding-bottom:0in;border-bottom:0.5pt solid;padding-right:0.075in;">$23,438,065</td> <td style="padding-top:0in;padding-left:0.075in;vertical-align:middle;padding-bottom:0in;border-bottom:0.5pt solid;padding-right:0.075in;">$7,543,355</td> <td style="padding-top:0in;padding-left:0.075in;vertical-align:middle;padding-bottom:0in;border-bottom:0.5pt solid;padding-right:0.075in;">$14,943,187</td> <td style="padding-top:0in;padding-left:0.075in;vertical-align:middle;padding-bottom:0in;border-bottom:0.5pt solid;padding-right:0.075in;">$77.16</td> <td style="padding-top:0in;padding-left:0.075in;vertical-align:middle;padding-bottom:0in;border-bottom:0.5pt solid;padding-right:0.075in;">$98.23</td> <td style="padding-top:0in;border-right:0.5pt solid;padding-left:0.075in;vertical-align:middle;padding-bottom:0in;border-bottom:0.5pt solid;padding-right:0.075in;">($88.04)</td> </tr> </table>1 The dollar amounts reported in column (b) are the amounts of total compensation reported for our PEO (Arthur Kuan) for each corresponding year in the “Total” column of the Summary Compensation Table. 2 The dollar amounts reported in column (c) and (e) represent the amount of CAP, as computed in accordance with SEC rules. “Compensation actually paid” does not necessarily represent cash and/or equity value transferred to the applicable NEO without restriction, but rather is a value calculated under applicable SEC rules. We do not have a defined benefit plan so no adjustment for pension benefits is included in the table below. The following table details these adjustments:<div> <table style="margin-left:auto;border-spacing:0;table-layout:fixed;width:100.0%;border-collapse:separate;margin-right:auto;"> <tr style="visibility:collapse;"> <td style="width:4.776388888888889in;box-sizing:content-box;"></td> <td style="width:0.8583333333333333in;box-sizing:content-box;"></td> <td style="width:0.8583333333333333in;box-sizing:content-box;"></td> </tr> <tr style="height:14.4pt;background-color:#1c2d5a;white-space:pre-wrap;word-break:break-word;text-align:left;"> <td style="border-top:0.5pt solid;padding-top:0in;border-right:0.5pt solid;padding-left:0.075in;vertical-align:bottom;padding-bottom:0in;border-bottom:0.5pt solid;border-left:0.5pt solid;padding-right:0.075in;">Compensation Actually Paid to PEO (Arthur Kuan)</td> <td style="border-top:0.5pt solid;padding-top:0in;padding-left:0.075in;vertical-align:bottom;padding-bottom:0in;border-bottom:0.5pt solid;padding-right:0.075in;">FY 2024</td> <td style="border-top:0.5pt solid;padding-top:0in;border-right:0.5pt solid;padding-left:0.075in;vertical-align:bottom;padding-bottom:0in;border-bottom:0.5pt solid;padding-right:0.075in;">FY 2025</td> </tr> <tr style="height:10.8pt;white-space:pre-wrap;word-break:break-word;"> <td style="padding-top:0in;border-right:0.5pt solid;border-left:0.5pt solid;padding-left:0.075in;vertical-align:bottom;padding-bottom:0in;padding-right:0.075in;text-align:left;">Summary Compensation Table Total</td> <td style="padding-top:0in;padding-left:0.075in;vertical-align:bottom;padding-bottom:0in;padding-right:0.075in;text-align:center;">$11,172,212</td> <td style="padding-top:0in;border-right:0.5pt solid;padding-left:0.075in;vertical-align:bottom;padding-bottom:0in;padding-right:0.075in;text-align:center;">$11,928,401</td> </tr> <tr style="height:10.8pt;white-space:pre-wrap;word-break:break-word;"> <td style="padding-top:0in;border-right:0.5pt solid;border-left:0.5pt solid;padding-left:0.075in;vertical-align:bottom;padding-bottom:0in;padding-right:0.075in;text-align:left;">- Grant date fair value of option awards and stock awards granted in fiscal year</td> <td style="padding-top:0in;padding-left:0.075in;vertical-align:bottom;padding-bottom:0in;padding-right:0.075in;text-align:center;">($10,135,228)</td> <td style="padding-top:0in;border-right:0.5pt solid;padding-left:0.075in;vertical-align:bottom;padding-bottom:0in;padding-right:0.075in;text-align:center;">($10,802,398)</td> </tr> <tr style="height:10.8pt;white-space:pre-wrap;word-break:break-word;"> <td style="padding-top:0in;border-right:0.5pt solid;border-left:0.5pt solid;padding-left:0.075in;vertical-align:bottom;padding-bottom:0in;padding-right:0.075in;text-align:left;">+ Year-end fair value of outstanding and unvested equity awards granted in the fiscal year</td> <td style="padding-top:0in;padding-left:0.075in;vertical-align:bottom;padding-bottom:0in;padding-right:0.075in;text-align:center;">$6,994,711</td> <td style="padding-top:0in;border-right:0.5pt solid;padding-left:0.075in;vertical-align:bottom;padding-bottom:0in;padding-right:0.075in;text-align:center;">$18,001,454</td> </tr> <tr style="height:10.8pt;white-space:pre-wrap;word-break:break-word;"> <td style="padding-top:0in;border-right:0.5pt solid;border-left:0.5pt solid;padding-left:0.075in;vertical-align:bottom;padding-bottom:0in;padding-right:0.075in;text-align:left;">+ Year over year change in fair value of outstanding and unvested equity awards granted in prior fiscal years</td> <td style="padding-top:0in;padding-left:0.075in;vertical-align:bottom;padding-bottom:0in;padding-right:0.075in;text-align:center;">$10,302,049</td> <td style="padding-top:0in;border-right:0.5pt solid;padding-left:0.075in;vertical-align:bottom;padding-bottom:0in;padding-right:0.075in;text-align:center;">$6,806,161</td> </tr> <tr style="height:10.8pt;white-space:pre-wrap;word-break:break-word;"> <td style="padding-top:0in;border-right:0.5pt solid;border-left:0.5pt solid;padding-left:0.075in;vertical-align:bottom;padding-bottom:0in;padding-right:0.075in;text-align:left;">+ Fair value as of the vesting date of vested awards granted in current fiscal year</td> <td style="padding-top:0in;padding-left:0.075in;vertical-align:bottom;padding-bottom:0in;padding-right:0.075in;text-align:center;">$411,133</td> <td style="padding-top:0in;border-right:0.5pt solid;padding-left:0.075in;vertical-align:bottom;padding-bottom:0in;padding-right:0.075in;text-align:center;">$2,158,573</td> </tr> <tr style="height:10.8pt;white-space:pre-wrap;word-break:break-word;"> <td style="padding-top:0in;border-right:0.5pt solid;border-left:0.5pt solid;padding-left:0.075in;vertical-align:bottom;padding-bottom:0in;padding-right:0.075in;text-align:left;">+ Year over year change in fair value of equity awards granted in prior fiscal years that vested in the fiscal year</td> <td style="padding-top:0in;padding-left:0.075in;vertical-align:bottom;padding-bottom:0in;padding-right:0.075in;text-align:center;">$4,693,189</td> <td style="padding-top:0in;border-right:0.5pt solid;padding-left:0.075in;vertical-align:bottom;padding-bottom:0in;padding-right:0.075in;text-align:center;">$532,282</td> </tr> <tr style="height:10.8pt;white-space:pre-wrap;word-break:break-word;"> <td style="padding-top:0in;border-right:0.5pt solid;border-left:0.5pt solid;padding-left:0.075in;vertical-align:bottom;padding-bottom:0in;padding-right:0.075in;text-align:left;">- Prior fiscal year end value of any equity awards granted in prior fiscal years that failed to meet vesting conditions during the covered fiscal year</td> <td style="padding-top:0in;padding-left:0.075in;vertical-align:bottom;padding-bottom:0in;padding-right:0.075in;text-align:center;">$0</td> <td style="padding-top:0in;border-right:0.5pt solid;padding-left:0.075in;vertical-align:bottom;padding-bottom:0in;padding-right:0.075in;text-align:center;">$0</td> </tr> </table></div><div style="font-size:9pt;font-family:Times New Roman;"> <table style="margin-left:auto;border-spacing:0;table-layout:fixed;width:100.0%;border-collapse:separate;margin-right:auto;"> <tr style="visibility:collapse;"> <td style="width:4.776388888888889in;box-sizing:content-box;"></td> <td style="width:0.8583333333333333in;box-sizing:content-box;"></td> <td style="width:0.8583333333333333in;box-sizing:content-box;"></td> </tr> <tr style="height:10.8pt;white-space:pre-wrap;word-break:break-word;"> <td style="padding-top:0in;border-right:0.5pt solid;border-left:0.5pt solid;padding-left:0.075in;vertical-align:bottom;padding-bottom:0in;border-bottom:0.5pt solid;padding-right:0.075in;text-align:left;">Compensation Actually Paid</td> <td style="padding-top:0in;padding-left:0.075in;vertical-align:bottom;padding-bottom:0in;border-bottom:0.5pt solid;padding-right:0.075in;text-align:center;">$23,438,065</td> <td style="padding-top:0in;border-right:0.5pt solid;padding-left:0.075in;vertical-align:bottom;padding-bottom:0in;border-bottom:0.5pt solid;padding-right:0.075in;text-align:center;">$28,624,473</td> </tr> </table></div> <div style="font-size:9pt;font-family:Times New Roman;"> <table style="margin-left:auto;border-spacing:0;table-layout:fixed;width:100.0%;border-collapse:separate;margin-right:auto;"> <tr style="visibility:collapse;"> <td style="width:4.901388888888889in;box-sizing:content-box;"></td> <td style="width:0.7958333333333333in;box-sizing:content-box;"></td> <td style="width:0.7958333333333333in;box-sizing:content-box;"></td> </tr> <tr style="height:14.4pt;background-color:#1c2d5a;white-space:pre-wrap;word-break:break-word;text-align:left;"> <td style="border-top:0.5pt solid;padding-top:0in;border-right:0.5pt solid;padding-left:0.075in;vertical-align:bottom;padding-bottom:0in;border-bottom:0.5pt solid;border-left:0.5pt solid;padding-right:0.075in;">Compensation Actually Paid to Non-PEO NEOs</td> <td style="border-top:0.5pt solid;padding-top:0in;padding-left:0.075in;vertical-align:bottom;padding-bottom:0in;border-bottom:0.5pt solid;padding-right:0.075in;">FY 2024</td> <td style="border-top:0.5pt solid;padding-top:0in;border-right:0.5pt solid;padding-left:0.075in;vertical-align:bottom;padding-bottom:0in;border-bottom:0.5pt solid;padding-right:0.075in;">FY 2025</td> </tr> <tr style="height:10.8pt;white-space:pre-wrap;word-break:break-word;"> <td style="padding-top:0in;border-right:0.5pt solid;border-left:0.5pt solid;padding-left:0.075in;vertical-align:bottom;padding-bottom:0in;padding-right:0.075in;text-align:left;">Summary Compensation Table Total</td> <td style="padding-top:0in;padding-left:0.075in;vertical-align:bottom;padding-bottom:0in;padding-right:0.075in;text-align:center;">$7,543,355</td> <td style="padding-top:0in;border-right:0.5pt solid;padding-left:0.075in;vertical-align:bottom;padding-bottom:0in;padding-right:0.075in;text-align:center;">$2,329,451</td> </tr> <tr style="height:10.8pt;white-space:pre-wrap;word-break:break-word;"> <td style="padding-top:0in;border-right:0.5pt solid;border-left:0.5pt solid;padding-left:0.075in;vertical-align:bottom;padding-bottom:0in;padding-right:0.075in;text-align:left;">- Grant date fair value of option awards and stock awards granted in fiscal year</td> <td style="padding-top:0in;padding-left:0.075in;vertical-align:bottom;padding-bottom:0in;padding-right:0.075in;text-align:center;">($6,814,699)</td> <td style="padding-top:0in;border-right:0.5pt solid;padding-left:0.075in;vertical-align:bottom;padding-bottom:0in;padding-right:0.075in;text-align:center;">($1,819,484)</td> </tr> <tr style="height:10.8pt;white-space:pre-wrap;word-break:break-word;"> <td style="padding-top:0in;border-right:0.5pt solid;border-left:0.5pt solid;padding-left:0.075in;vertical-align:bottom;padding-bottom:0in;padding-right:0.075in;text-align:left;">+ Year-end fair value of outstanding and unvested equity awards granted in the fiscal year</td> <td style="padding-top:0in;padding-left:0.075in;vertical-align:bottom;padding-bottom:0in;padding-right:0.075in;text-align:center;">$7,586,363</td> <td style="padding-top:0in;border-right:0.5pt solid;padding-left:0.075in;vertical-align:bottom;padding-bottom:0in;padding-right:0.075in;text-align:center;">$2,705,248</td> </tr> <tr style="height:10.8pt;white-space:pre-wrap;word-break:break-word;"> <td style="padding-top:0in;border-right:0.5pt solid;border-left:0.5pt solid;padding-left:0.075in;vertical-align:bottom;padding-bottom:0in;padding-right:0.075in;text-align:left;">+ Year over year change in fair value of outstanding and unvested equity awards granted in prior fiscal years</td> <td style="padding-top:0in;padding-left:0.075in;vertical-align:bottom;padding-bottom:0in;padding-right:0.075in;text-align:center;">$2,923,728</td> <td style="padding-top:0in;border-right:0.5pt solid;padding-left:0.075in;vertical-align:bottom;padding-bottom:0in;padding-right:0.075in;text-align:center;">$1,351,086</td> </tr> <tr style="height:10.8pt;white-space:pre-wrap;word-break:break-word;"> <td style="padding-top:0in;border-right:0.5pt solid;border-left:0.5pt solid;padding-left:0.075in;vertical-align:bottom;padding-bottom:0in;padding-right:0.075in;text-align:left;">+ Fair value as of the vesting date of vested awards granted in current fiscal year</td> <td style="padding-top:0in;padding-left:0.075in;vertical-align:bottom;padding-bottom:0in;padding-right:0.075in;text-align:center;">$139,049</td> <td style="padding-top:0in;border-right:0.5pt solid;padding-left:0.075in;vertical-align:bottom;padding-bottom:0in;padding-right:0.075in;text-align:center;">$454,883</td> </tr> <tr style="height:10.8pt;white-space:pre-wrap;word-break:break-word;"> <td style="padding-top:0in;border-right:0.5pt solid;border-left:0.5pt solid;padding-left:0.075in;vertical-align:bottom;padding-bottom:0in;padding-right:0.075in;text-align:left;">+ Year over year change in fair value of equity awards granted in prior fiscal years that vested in the fiscal year</td> <td style="padding-top:0in;padding-left:0.075in;vertical-align:bottom;padding-bottom:0in;padding-right:0.075in;text-align:center;">$3,565,390</td> <td style="padding-top:0in;border-right:0.5pt solid;padding-left:0.075in;vertical-align:bottom;padding-bottom:0in;padding-right:0.075in;text-align:center;">$69,497</td> </tr> <tr style="height:10.8pt;white-space:pre-wrap;word-break:break-word;"> <td style="padding-top:0in;border-right:0.5pt solid;border-left:0.5pt solid;padding-left:0.075in;vertical-align:bottom;padding-bottom:0in;padding-right:0.075in;text-align:left;">- Prior fiscal year end value of any equity awards granted in prior fiscal years that failed to meet vesting conditions during the covered fiscal year</td> <td style="padding-top:0in;padding-left:0.075in;vertical-align:bottom;padding-bottom:0in;padding-right:0.075in;text-align:center;">$0</td> <td style="padding-top:0in;border-right:0.5pt solid;padding-left:0.075in;vertical-align:bottom;padding-bottom:0in;padding-right:0.075in;text-align:center;">($1,361,429)</td> </tr> <tr style="height:10.8pt;white-space:pre-wrap;word-break:break-word;"> <td style="padding-top:0in;border-right:0.5pt solid;border-left:0.5pt solid;padding-left:0.075in;vertical-align:bottom;padding-bottom:0in;border-bottom:0.5pt solid;padding-right:0.075in;text-align:left;">Compensation Actually Paid</td> <td style="padding-top:0in;padding-left:0.075in;vertical-align:bottom;padding-bottom:0in;border-bottom:0.5pt solid;padding-right:0.075in;text-align:center;">$14,943,187</td> <td style="padding-top:0in;border-right:0.5pt solid;padding-left:0.075in;vertical-align:bottom;padding-bottom:0in;border-bottom:0.5pt solid;padding-right:0.075in;text-align:center;">$3,729,253</td> </tr> </table></div> 3 The dollar amounts reported in column (d) represent the average of the amounts reported for our Non-PEO NEOs as a group in the “Total” column of the Summary Compensation Table in each applicable year. The names of each of our Non-PEO NEOs included for purposes of calculating the average amounts in each applicable year are as follows:<div style="font-size:9pt;font-family:Times New Roman;"> <table style="margin-left:0.787%;border-spacing:0;table-layout:fixed;width:0.0%;border-collapse:separate;margin-right:auto;"> <tr style="visibility:collapse;"> <td style="width:0.7576388888888889in;box-sizing:content-box;"></td> <td style="width:5.25in;box-sizing:content-box;"></td> </tr> <tr style="height:14.4pt;background-color:#1c2d5a;white-space:pre-wrap;word-break:break-word;text-align:left;"> <td style="border-top:0.5pt solid;padding-top:0in;border-right:0.5pt solid;padding-left:0.075in;vertical-align:top;padding-bottom:0in;border-bottom:0.5pt solid;border-left:0.5pt solid;padding-right:0.075in;">Fiscal Year</td> <td style="border-top:0.5pt solid;padding-top:0in;border-right:0.5pt solid;padding-left:0.075in;vertical-align:top;padding-bottom:0in;border-bottom:0.5pt solid;padding-right:0.075in;">Non-PEO NEOs</td> </tr> <tr style="height:14.4pt;background-color:#ffffff;white-space:pre-wrap;word-break:break-word;"> <td style="padding-top:0in;border-right:0.5pt solid;border-left:0.5pt solid;padding-left:0.075in;vertical-align:top;padding-bottom:0in;border-bottom:0.5pt solid;padding-right:0.075in;text-align:left;">2025</td> <td style="padding-top:0in;border-right:0.5pt solid;padding-left:0.075in;vertical-align:top;padding-bottom:0in;border-bottom:0.5pt solid;padding-right:0.075in;text-align:right;">Ambaw Bellete, Corleen Roche, Vijay Kasturi, Robert Lapetina, Joshua F. Patterson, and Jim DeTore</td> </tr> <tr style="height:14.4pt;background-color:#ffffff;white-space:pre-wrap;word-break:break-word;"> <td style="padding-top:0in;border-right:0.5pt solid;border-left:0.5pt solid;padding-left:0.075in;vertical-align:top;padding-bottom:0in;border-bottom:0.5pt solid;padding-right:0.075in;text-align:left;">2024</td> <td style="padding-top:0in;border-right:0.5pt solid;padding-left:0.075in;vertical-align:top;padding-bottom:0in;border-bottom:0.5pt solid;padding-right:0.075in;text-align:right;">Ambaw Bellete and Corleen Roche</td> </tr> </table></div> 4 TSR determined in Column (f) is based on the value of an initial fixed investment of $100 in CGON as of January 25, 2024 (CGON’s IPO date). TSR determined in Column (g) is based on the value of an initial fixed investment of $100 in the Nasdaq Biotechnology Index as of January 25, 2024. 5 The dollar amounts in Column (h) are CGON’s GAAP Net Income for each fiscal year (in millions). 11928401 28624473 2329451 3729253 111.7 131.07

-161000000

11172212 23438065 7543355 14943187 77.16 98.23

-88040000.00

Arthur Kuan Arthur Kuan We do not have a defined benefit plan so no adjustment for pension benefits is included in the table below. The following table details these adjustments: <table style="margin-left:auto;border-spacing:0;table-layout:fixed;width:100.0%;border-collapse:separate;margin-right:auto;"> <tr style="visibility:collapse;"> <td style="width:4.776388888888889in;box-sizing:content-box;"></td> <td style="width:0.8583333333333333in;box-sizing:content-box;"></td> <td style="width:0.8583333333333333in;box-sizing:content-box;"></td> </tr> <tr style="height:14.4pt;background-color:#1c2d5a;white-space:pre-wrap;word-break:break-word;text-align:left;"> <td style="border-top:0.5pt solid;padding-top:0in;border-right:0.5pt solid;padding-left:0.075in;vertical-align:bottom;padding-bottom:0in;border-bottom:0.5pt solid;border-left:0.5pt solid;padding-right:0.075in;">Compensation Actually Paid to PEO (Arthur Kuan)</td> <td style="border-top:0.5pt solid;padding-top:0in;padding-left:0.075in;vertical-align:bottom;padding-bottom:0in;border-bottom:0.5pt solid;padding-right:0.075in;">FY 2024</td> <td style="border-top:0.5pt solid;padding-top:0in;border-right:0.5pt solid;padding-left:0.075in;vertical-align:bottom;padding-bottom:0in;border-bottom:0.5pt solid;padding-right:0.075in;">FY 2025</td> </tr> <tr style="height:10.8pt;white-space:pre-wrap;word-break:break-word;"> <td style="padding-top:0in;border-right:0.5pt solid;border-left:0.5pt solid;padding-left:0.075in;vertical-align:bottom;padding-bottom:0in;padding-right:0.075in;text-align:left;">Summary Compensation Table Total</td> <td style="padding-top:0in;padding-left:0.075in;vertical-align:bottom;padding-bottom:0in;padding-right:0.075in;text-align:center;">$11,172,212</td> <td style="padding-top:0in;border-right:0.5pt solid;padding-left:0.075in;vertical-align:bottom;padding-bottom:0in;padding-right:0.075in;text-align:center;">$11,928,401</td> </tr> <tr style="height:10.8pt;white-space:pre-wrap;word-break:break-word;"> <td style="padding-top:0in;border-right:0.5pt solid;border-left:0.5pt solid;padding-left:0.075in;vertical-align:bottom;padding-bottom:0in;padding-right:0.075in;text-align:left;">- Grant date fair value of option awards and stock awards granted in fiscal year</td> <td style="padding-top:0in;padding-left:0.075in;vertical-align:bottom;padding-bottom:0in;padding-right:0.075in;text-align:center;">($10,135,228)</td> <td style="padding-top:0in;border-right:0.5pt solid;padding-left:0.075in;vertical-align:bottom;padding-bottom:0in;padding-right:0.075in;text-align:center;">($10,802,398)</td> </tr> <tr style="height:10.8pt;white-space:pre-wrap;word-break:break-word;"> <td style="padding-top:0in;border-right:0.5pt solid;border-left:0.5pt solid;padding-left:0.075in;vertical-align:bottom;padding-bottom:0in;padding-right:0.075in;text-align:left;">+ Year-end fair value of outstanding and unvested equity awards granted in the fiscal year</td> <td style="padding-top:0in;padding-left:0.075in;vertical-align:bottom;padding-bottom:0in;padding-right:0.075in;text-align:center;">$6,994,711</td> <td style="padding-top:0in;border-right:0.5pt solid;padding-left:0.075in;vertical-align:bottom;padding-bottom:0in;padding-right:0.075in;text-align:center;">$18,001,454</td> </tr> <tr style="height:10.8pt;white-space:pre-wrap;word-break:break-word;"> <td style="padding-top:0in;border-right:0.5pt solid;border-left:0.5pt solid;padding-left:0.075in;vertical-align:bottom;padding-bottom:0in;padding-right:0.075in;text-align:left;">+ Year over year change in fair value of outstanding and unvested equity awards granted in prior fiscal years</td> <td style="padding-top:0in;padding-left:0.075in;vertical-align:bottom;padding-bottom:0in;padding-right:0.075in;text-align:center;">$10,302,049</td> <td style="padding-top:0in;border-right:0.5pt solid;padding-left:0.075in;vertical-align:bottom;padding-bottom:0in;padding-right:0.075in;text-align:center;">$6,806,161</td> </tr> <tr style="height:10.8pt;white-space:pre-wrap;word-break:break-word;"> <td style="padding-top:0in;border-right:0.5pt solid;border-left:0.5pt solid;padding-left:0.075in;vertical-align:bottom;padding-bottom:0in;padding-right:0.075in;text-align:left;">+ Fair value as of the vesting date of vested awards granted in current fiscal year</td> <td style="padding-top:0in;padding-left:0.075in;vertical-align:bottom;padding-bottom:0in;padding-right:0.075in;text-align:center;">$411,133</td> <td style="padding-top:0in;border-right:0.5pt solid;padding-left:0.075in;vertical-align:bottom;padding-bottom:0in;padding-right:0.075in;text-align:center;">$2,158,573</td> </tr> <tr style="height:10.8pt;white-space:pre-wrap;word-break:break-word;"> <td style="padding-top:0in;border-right:0.5pt solid;border-left:0.5pt solid;padding-left:0.075in;vertical-align:bottom;padding-bottom:0in;padding-right:0.075in;text-align:left;">+ Year over year change in fair value of equity awards granted in prior fiscal years that vested in the fiscal year</td> <td style="padding-top:0in;padding-left:0.075in;vertical-align:bottom;padding-bottom:0in;padding-right:0.075in;text-align:center;">$4,693,189</td> <td style="padding-top:0in;border-right:0.5pt solid;padding-left:0.075in;vertical-align:bottom;padding-bottom:0in;padding-right:0.075in;text-align:center;">$532,282</td> </tr> <tr style="height:10.8pt;white-space:pre-wrap;word-break:break-word;"> <td style="padding-top:0in;border-right:0.5pt solid;border-left:0.5pt solid;padding-left:0.075in;vertical-align:bottom;padding-bottom:0in;padding-right:0.075in;text-align:left;">- Prior fiscal year end value of any equity awards granted in prior fiscal years that failed to meet vesting conditions during the covered fiscal year</td> <td style="padding-top:0in;padding-left:0.075in;vertical-align:bottom;padding-bottom:0in;padding-right:0.075in;text-align:center;">$0</td> <td style="padding-top:0in;border-right:0.5pt solid;padding-left:0.075in;vertical-align:bottom;padding-bottom:0in;padding-right:0.075in;text-align:center;">$0</td> </tr> </table> <table style="margin-left:auto;border-spacing:0;table-layout:fixed;width:100.0%;border-collapse:separate;margin-right:auto;"> <tr style="visibility:collapse;"> <td style="width:4.776388888888889in;box-sizing:content-box;"></td> <td style="width:0.8583333333333333in;box-sizing:content-box;"></td> <td style="width:0.8583333333333333in;box-sizing:content-box;"></td> </tr> <tr style="height:10.8pt;white-space:pre-wrap;word-break:break-word;"> <td style="padding-top:0in;border-right:0.5pt solid;border-left:0.5pt solid;padding-left:0.075in;vertical-align:bottom;padding-bottom:0in;border-bottom:0.5pt solid;padding-right:0.075in;text-align:left;">Compensation Actually Paid</td> <td style="padding-top:0in;padding-left:0.075in;vertical-align:bottom;padding-bottom:0in;border-bottom:0.5pt solid;padding-right:0.075in;text-align:center;">$23,438,065</td> <td style="padding-top:0in;border-right:0.5pt solid;padding-left:0.075in;vertical-align:bottom;padding-bottom:0in;border-bottom:0.5pt solid;padding-right:0.075in;text-align:center;">$28,624,473</td> </tr> </table> 11172212 11928401 -10135228 -10802398 6994711 18001454 10302049 6806161 411133 2158573 4693189 532282 0 0 23438065 28624473 <table style="margin-left:auto;border-spacing:0;table-layout:fixed;width:100.0%;border-collapse:separate;margin-right:auto;"> <tr style="visibility:collapse;"> <td style="width:4.901388888888889in;box-sizing:content-box;"></td> <td style="width:0.7958333333333333in;box-sizing:content-box;"></td> <td style="width:0.7958333333333333in;box-sizing:content-box;"></td> </tr> <tr style="height:14.4pt;background-color:#1c2d5a;white-space:pre-wrap;word-break:break-word;text-align:left;"> <td style="border-top:0.5pt solid;padding-top:0in;border-right:0.5pt solid;padding-left:0.075in;vertical-align:bottom;padding-bottom:0in;border-bottom:0.5pt solid;border-left:0.5pt solid;padding-right:0.075in;">Compensation Actually Paid to Non-PEO NEOs</td> <td style="border-top:0.5pt solid;padding-top:0in;padding-left:0.075in;vertical-align:bottom;padding-bottom:0in;border-bottom:0.5pt solid;padding-right:0.075in;">FY 2024</td> <td style="border-top:0.5pt solid;padding-top:0in;border-right:0.5pt solid;padding-left:0.075in;vertical-align:bottom;padding-bottom:0in;border-bottom:0.5pt solid;padding-right:0.075in;">FY 2025</td> </tr> <tr style="height:10.8pt;white-space:pre-wrap;word-break:break-word;"> <td style="padding-top:0in;border-right:0.5pt solid;border-left:0.5pt solid;padding-left:0.075in;vertical-align:bottom;padding-bottom:0in;padding-right:0.075in;text-align:left;">Summary Compensation Table Total</td> <td style="padding-top:0in;padding-left:0.075in;vertical-align:bottom;padding-bottom:0in;padding-right:0.075in;text-align:center;">$7,543,355</td> <td style="padding-top:0in;border-right:0.5pt solid;padding-left:0.075in;vertical-align:bottom;padding-bottom:0in;padding-right:0.075in;text-align:center;">$2,329,451</td> </tr> <tr style="height:10.8pt;white-space:pre-wrap;word-break:break-word;"> <td style="padding-top:0in;border-right:0.5pt solid;border-left:0.5pt solid;padding-left:0.075in;vertical-align:bottom;padding-bottom:0in;padding-right:0.075in;text-align:left;">- Grant date fair value of option awards and stock awards granted in fiscal year</td> <td style="padding-top:0in;padding-left:0.075in;vertical-align:bottom;padding-bottom:0in;padding-right:0.075in;text-align:center;">($6,814,699)</td> <td style="padding-top:0in;border-right:0.5pt solid;padding-left:0.075in;vertical-align:bottom;padding-bottom:0in;padding-right:0.075in;text-align:center;">($1,819,484)</td> </tr> <tr style="height:10.8pt;white-space:pre-wrap;word-break:break-word;"> <td style="padding-top:0in;border-right:0.5pt solid;border-left:0.5pt solid;padding-left:0.075in;vertical-align:bottom;padding-bottom:0in;padding-right:0.075in;text-align:left;">+ Year-end fair value of outstanding and unvested equity awards granted in the fiscal year</td> <td style="padding-top:0in;padding-left:0.075in;vertical-align:bottom;padding-bottom:0in;padding-right:0.075in;text-align:center;">$7,586,363</td> <td style="padding-top:0in;border-right:0.5pt solid;padding-left:0.075in;vertical-align:bottom;padding-bottom:0in;padding-right:0.075in;text-align:center;">$2,705,248</td> </tr> <tr style="height:10.8pt;white-space:pre-wrap;word-break:break-word;"> <td style="padding-top:0in;border-right:0.5pt solid;border-left:0.5pt solid;padding-left:0.075in;vertical-align:bottom;padding-bottom:0in;padding-right:0.075in;text-align:left;">+ Year over year change in fair value of outstanding and unvested equity awards granted in prior fiscal years</td> <td style="padding-top:0in;padding-left:0.075in;vertical-align:bottom;padding-bottom:0in;padding-right:0.075in;text-align:center;">$2,923,728</td> <td style="padding-top:0in;border-right:0.5pt solid;padding-left:0.075in;vertical-align:bottom;padding-bottom:0in;padding-right:0.075in;text-align:center;">$1,351,086</td> </tr> <tr style="height:10.8pt;white-space:pre-wrap;word-break:break-word;"> <td style="padding-top:0in;border-right:0.5pt solid;border-left:0.5pt solid;padding-left:0.075in;vertical-align:bottom;padding-bottom:0in;padding-right:0.075in;text-align:left;">+ Fair value as of the vesting date of vested awards granted in current fiscal year</td> <td style="padding-top:0in;padding-left:0.075in;vertical-align:bottom;padding-bottom:0in;padding-right:0.075in;text-align:center;">$139,049</td> <td style="padding-top:0in;border-right:0.5pt solid;padding-left:0.075in;vertical-align:bottom;padding-bottom:0in;padding-right:0.075in;text-align:center;">$454,883</td> </tr> <tr style="height:10.8pt;white-space:pre-wrap;word-break:break-word;"> <td style="padding-top:0in;border-right:0.5pt solid;border-left:0.5pt solid;padding-left:0.075in;vertical-align:bottom;padding-bottom:0in;padding-right:0.075in;text-align:left;">+ Year over year change in fair value of equity awards granted in prior fiscal years that vested in the fiscal year</td> <td style="padding-top:0in;padding-left:0.075in;vertical-align:bottom;padding-bottom:0in;padding-right:0.075in;text-align:center;">$3,565,390</td> <td style="padding-top:0in;border-right:0.5pt solid;padding-left:0.075in;vertical-align:bottom;padding-bottom:0in;padding-right:0.075in;text-align:center;">$69,497</td> </tr> <tr style="height:10.8pt;white-space:pre-wrap;word-break:break-word;"> <td style="padding-top:0in;border-right:0.5pt solid;border-left:0.5pt solid;padding-left:0.075in;vertical-align:bottom;padding-bottom:0in;padding-right:0.075in;text-align:left;">- Prior fiscal year end value of any equity awards granted in prior fiscal years that failed to meet vesting conditions during the covered fiscal year</td> <td style="padding-top:0in;padding-left:0.075in;vertical-align:bottom;padding-bottom:0in;padding-right:0.075in;text-align:center;">$0</td> <td style="padding-top:0in;border-right:0.5pt solid;padding-left:0.075in;vertical-align:bottom;padding-bottom:0in;padding-right:0.075in;text-align:center;">($1,361,429)</td> </tr> <tr style="height:10.8pt;white-space:pre-wrap;word-break:break-word;"> <td style="padding-top:0in;border-right:0.5pt solid;border-left:0.5pt solid;padding-left:0.075in;vertical-align:bottom;padding-bottom:0in;border-bottom:0.5pt solid;padding-right:0.075in;text-align:left;">Compensation Actually Paid</td> <td style="padding-top:0in;padding-left:0.075in;vertical-align:bottom;padding-bottom:0in;border-bottom:0.5pt solid;padding-right:0.075in;text-align:center;">$14,943,187</td> <td style="padding-top:0in;border-right:0.5pt solid;padding-left:0.075in;vertical-align:bottom;padding-bottom:0in;border-bottom:0.5pt solid;padding-right:0.075in;text-align:center;">$3,729,253</td> </tr> </table> 7543355 2329451 -6814699 -1819484 7586363 2705248 2923728 1351086 139049 454883 3565390 69497 0 -1361429 14943187 3729253 The names of each of our Non-PEO NEOs included for purposes of calculating the average amounts in each applicable year are as follows: <table style="margin-left:0.787%;border-spacing:0;table-layout:fixed;width:0.0%;border-collapse:separate;margin-right:auto;"> <tr style="visibility:collapse;"> <td style="width:0.7576388888888889in;box-sizing:content-box;"></td> <td style="width:5.25in;box-sizing:content-box;"></td> </tr> <tr style="height:14.4pt;background-color:#1c2d5a;white-space:pre-wrap;word-break:break-word;text-align:left;"> <td style="border-top:0.5pt solid;padding-top:0in;border-right:0.5pt solid;padding-left:0.075in;vertical-align:top;padding-bottom:0in;border-bottom:0.5pt solid;border-left:0.5pt solid;padding-right:0.075in;">Fiscal Year</td> <td style="border-top:0.5pt solid;padding-top:0in;border-right:0.5pt solid;padding-left:0.075in;vertical-align:top;padding-bottom:0in;border-bottom:0.5pt solid;padding-right:0.075in;">Non-PEO NEOs</td> </tr> <tr style="height:14.4pt;background-color:#ffffff;white-space:pre-wrap;word-break:break-word;"> <td style="padding-top:0in;border-right:0.5pt solid;border-left:0.5pt solid;padding-left:0.075in;vertical-align:top;padding-bottom:0in;border-bottom:0.5pt solid;padding-right:0.075in;text-align:left;">2025</td> <td style="padding-top:0in;border-right:0.5pt solid;padding-left:0.075in;vertical-align:top;padding-bottom:0in;border-bottom:0.5pt solid;padding-right:0.075in;text-align:right;">Ambaw Bellete, Corleen Roche, Vijay Kasturi, Robert Lapetina, Joshua F. Patterson, and Jim DeTore</td> </tr> <tr style="height:14.4pt;background-color:#ffffff;white-space:pre-wrap;word-break:break-word;"> <td style="padding-top:0in;border-right:0.5pt solid;border-left:0.5pt solid;padding-left:0.075in;vertical-align:top;padding-bottom:0in;border-bottom:0.5pt solid;padding-right:0.075in;text-align:left;">2024</td> <td style="padding-top:0in;border-right:0.5pt solid;padding-left:0.075in;vertical-align:top;padding-bottom:0in;border-bottom:0.5pt solid;padding-right:0.075in;text-align:right;">Ambaw Bellete and Corleen Roche</td> </tr> </table> The graph below (i) sets forth the relationship between the amount of Compensation Actually Paid to our PEO, the average amount of Compensation Actually Paid to our Non-PEO NEOs, and the Company’s cumulative TSR over the two most recently completed fiscal years; and (ii) compares our cumulative TSR over the two most recently completed fiscal years to that of the Nasdaq Biotechnology Index over the same period. <img alt="img73727711_1.gif" src="img73727711_1.gif" style="width:576px;height:217px;"/> The graph below (i) sets forth the relationship between the amount of Compensation Actually Paid to our PEO, the average amount of Compensation Actually Paid to our Non-PEO NEOs, and the Company’s cumulative TSR over the two most recently completed fiscal years; and (ii) compares our cumulative TSR over the two most recently completed fiscal years to that of the Nasdaq Biotechnology Index over the same period. <img alt="img73727711_1.gif" src="img73727711_1.gif" style="width:576px;height:217px;"/> The graph below sets forth the amount of Compensation Actually Paid to our PEO, the average amount of Compensation Actually Paid to our Non-PEO NEOs, and our net income during the two most recently completed fiscal years.<img alt="img73727711_2.gif" src="img73727711_2.gif" style="width:576px;height:248px;"/> Tabular List of Performance Measures The Company's executive compensation program is designed to incentivize our NEOs to advance the Company's clinical and operational priorities and increase the long-term value of our enterprise for our stockholders. As a clinical-stage biopharmaceutical company, the Company does not currently use any financial performance measures to link compensation actually paid to our NEOs to the Company's performance. However, the most important performance measures used by the Company to link compensation actually paid to our NEOs, for the most recently completed fiscal year, to the Company's performance are as follows: <table style="margin-left:auto;border-spacing:0;table-layout:fixed;width:83.0%;border-collapse:separate;margin-right:auto;"> <tr style="visibility:collapse;"> <td style="width:5.389583333333333in;box-sizing:content-box;"></td> </tr> <tr style="height:14.4pt;background-color:#1c2d5a;white-space:pre-wrap;word-break:break-word;text-align:left;"> <td style="border-top:0.5pt solid;padding-top:0in;border-right:0.5pt solid;padding-left:0.075in;vertical-align:middle;padding-bottom:0in;border-bottom:0.5pt solid;border-left:0.5pt solid;padding-right:0.075in;">Most Important Performance Measures </td> </tr> <tr style="height:14.4pt;white-space:pre-wrap;word-break:break-word;text-align:left;"> <td style="padding-top:0in;border-right:0.5pt solid;border-left:0.5pt solid;padding-left:0.075in;vertical-align:middle;padding-bottom:0in;border-bottom:0.5pt solid;padding-right:0.075in;">Regulatory Advancement</td> </tr> <tr style="height:14.4pt;white-space:pre-wrap;word-break:break-word;text-align:left;"> <td style="padding-top:0in;border-right:0.5pt solid;border-left:0.5pt solid;padding-left:0.075in;vertical-align:middle;padding-bottom:0in;border-bottom:0.5pt solid;padding-right:0.075in;">Commercial Readiness</td> </tr> <tr style="height:14.4pt;white-space:pre-wrap;word-break:break-word;text-align:left;"> <td style="padding-top:0in;border-right:0.5pt solid;border-left:0.5pt solid;padding-left:0.075in;vertical-align:middle;padding-bottom:0in;border-bottom:0.5pt solid;padding-right:0.075in;">Pipeline Development</td> </tr> </table> Regulatory Advancement Commercial Readiness Pipeline Development <h2 style="font-size:10pt;margin-top:0;font-family:Times New Roman;margin-bottom:10pt;text-align:center;">Policies and Practices Related to the Grant of Certain Equity Awards Close in Time to the Release of Material Nonpublic Information</h2>From time to time, the Company grants stock options to its employees, including our Named Executive Officers, and other service providers. Historically, the Company granted new-hire option awards on or soon after a new hire’s employment start date and inaugural annual refresh employee option grants in the fourth quarter of 2024, following Compensation Committee approval. The Company’s current practice is to grant annual refresher equity-based incentive awards to our executive officers on or about the 15th of April of each year, which are typically approved at the regularly scheduled meeting of the Compensation Committee occurring in the preceding quarter. Also, non-employee directors receive automatic grants of initial and annual stock option awards, at the time of a director’s initial appointment or election to the Board and at the time of each annual meeting of the Company’s stockholders, respectively, pursuant to the Non-Employee Director Compensation Program, as further described under the heading, “Non-Employee Director Compensation—Non-Employee Director Compensation Program” below. The Company does not otherwise maintain any written policies on the timing of awards of stock options, stock appreciation rights, or similar instruments with option-like features. Because the Compensation Committee has a practice of generally granting annual refresher equity-based incentive awards on or about the 15th of April of each year, the Compensation Committee generally does not take material nonpublic information (“MNPI”) into account when determining the timing of awards and it does not seek to time the award in relation to the Company’s public disclosure of MNPI. The Company has not timed the release of MNPI for the purpose of affecting the value of executive compensation. During 2025, we did not grant any stock options or other option-like awards to our Named Executive Officers except for the annual stock options granted effective on April 15, 2025. Accordingly, we have no information to disclose pursuant to Item 402(x)(2) of Regulation S-K. The Company’s current practice is to grant annual refresher equity-based incentive awards to our executive officers on or about the 15th of April of each year, which are typically approved at the regularly scheduled meeting of the Compensation Committee occurring in the preceding quarter false false