Ionis enters advisory agreement with retiring executive Richard Geary

IONIS PHARMACEUTICALS INC

Advisory Services Agreement with Richard Geary effective Jan 16, 2026 through Feb 13, 2027.
Total fee of $300,000, plus up to $400/hour for hours over 16/week, capped at $450,000 total.
Geary will provide up to 16 hours/week of advisory services following retirement from Ionis.
Agreement includes standard confidentiality, non-solicitation, and invention assignment clauses.
Either party may terminate with 15 days' written notice; equity acceleration triggered on change in control.

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