GRAIL converts pre-spin awards to 6.6M RSUs; sets 2024 Plan share limit at 8.66M

GRAIL, Inc.

Cash-based equity awards converted to 6,589,187 RSUs under 2024 Plan based on VWAP over four days post-Distribution.
Initial 2024 Plan share reserve: 8,656,817 shares (23% of fully diluted shares post-spin), inclusive of converted RSUs.
ESPP initial share reserve: 414,021 shares (1.1% of fully diluted shares post-spin).
Non-employee Director annual compensation capped at $750,000 ($1,000,000 in initial year or lead director year).
All awards granted under 2024 Plan and ESPP effective as of June 21, 2024.

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