These equity awards fall under GRAIL’s Inducement Equity Incentive Plan, adhering to Nasdaq Listing Rule 5635(c)(4). The company reserves this specific mechanism exclusively for incoming staff who have not previously held roles within the organization, ensuring the grants function strictly as a recruitment incentive.

The restricted stock units follow a standard four-year vesting schedule. Initial vesting of 25% is set for August 31, 2027, with subsequent portions released on each annual anniversary thereafter. Retention of these shares remains contingent upon the recipients maintaining active employment with the company or its subsidiaries throughout the four-year term.