Palisade Bio CEO gets pay raise; shareholders OK equity plan amendments increasing shares

Proposal 5. Approval, on a non-binding, advisory basis, of the compensation of the Company’s named executive officers. The Company’s stockholders approved, on an advisory basis, the compensation of the Company’s named executive officers. The final voting results were as follows: Votes Non-Votes 765,257 553,499 13,352 1,618,807

Proposal 6. Approval, on a non-binding, advisory basis, the frequency of holding future advisory votes on executive compensation every 1, 2, or 3 years. The Company’s stockholders approved, on an advisory basis, one (1) year as the frequency of holding future advisory votes on executive compensation. The Final results were as follows: 1 Year 2 Years 3 Years Withhold / Abstentions Broker Non-Votes 665,444 46,080 589,820 30,764 1,618,807

Proposal 2. Ratification of the Selection of Independent Registered Public Accounting Firm. The Company’s stockholders ratified the selection of Baker Tilly US, LLP by the Audit Committee of the Board as the Company’s independent registered public accounting firm for the fiscal year ending December 31, 2023. The final voting results were as follows: Votes Non-Votes 2,732,124 198,268 20,523 0

Proposal 3. Approval of amendments to the Palisade 2021 Equity Incentive Plan to increase (i) the number of shares of common stock issuable under the plan by 708,072 shares and (ii) the annual evergreen share increase amount from 4% to 7.5% of the outstanding shares of common stock on January 1 of each year; and the approval of conditional grants to employees which are exercisable or convertible for up to an aggregate of 209,700 shares of common stock. The Company’ stockholders approved the amendments to the 2021 Equity Incentive Plan. The final voting results were as follows: Votes Non-Votes 714,204 611,973 5,931 1,618,807

Proposal 4. Approval of amendments to the Palisade 2021 Employee Stock Purchase Plan to increase (i) the number of shares of common stock authorized under the plan by 109,944 shares and (ii) the annual evergreen share increase amount from 1% to 2.5% of the outstanding shares of common stock on January 1 of each year. year. The Company’ stockholders approved the amendments to the 2021 Employee Stock Purchase Plan. The final voting results were as follows: Votes Non-Votes 763,625 552,036 16,447 1,618,807

Proposal 1. Election of Directors. The Company’s stockholders elected the three (3) persons listed below as Class III directors, each to serve until the Company’s 2026 annual meeting of stockholders or until their successors are duly elected and qualified or until their earlier death, resignation or removal. The final voting results were as follows: Name Votes Withheld Broker Non-Votes James Neal 833,667 498,441 1,618,807 J.D. Finley 837,917 494,191 1,618,807 Mary Ann Gray, Ph.D. 495,347 495,347 1,618,807