Biotech Employee Equity Survey UK Question Title * 1. What is the current valuation of your company? Up to $5m $5m-$10m $10m-$25m $25m-$50m $50m-$100m $100m-$200m $200m-$500m > $500m Question Title * 2. At what stage is your company by funding round? Seed Series A Series B Series C Listed NASDAQ Listed AIM Listed LSE Other (please specify) Question Title * 3. What is the broad shareholder composition of your company? Majority UK venture capital Majority European venture capital Majority US venture capital Majority high net worth individuals Other (please specify) Question Title * 4. How many employees do you have? 1-5 6-10 11-25 26-50 51-100 101+ Question Title * 5. What is your total current employee option pool as a percentage of fully diluted share capital? 5% or less 10% 12.5% 15% 20% 25% Other (please specify) Question Title * 6. Does your company use an EMI share option scheme? Yes - for all full-time employees and directors Yes - for senior people only No Question Title * 7. What is your equity exercise or strike price? Nominal value Market value Discount to market value Other (please specify) Question Title * 8. What is your CEO's (or equivalent) equity holding? 0% 1% 2% 3% 4% 5% More than 5% Don't have a CEO Other (please specify) Question Title * 9. What is your CFO's (or equivalent) equity holding? 0% 1% 2% 3% 4% 5% Above 5% Don't have a CFO Other (please specify) Question Title * 10. What is your CSO's (or equivalent) equity holding? 0% 1% 2% 3% 4% 5% Above 5% Don't have a CSO Other (please specify) Question Title * 11. What is your CMO's (or equivalent) equity holding? 0% 1% 2% 3% 4% Above 5% Don't have a CMO Other (please specify) Question Title * 12. What is your typical vesting period on employee equity? 1 year 2 years 3 years 4 years 5 years No vesting Question Title * 13. Does vesting accelerate on a company exit? Yes No Other (please specify) Question Title * 14. What is your "good leaver" definition? All employees are good leavers No employees are good leavers Good leavers are not bad leavers Other (please specify) Question Title * 15. What is your "bad leaver" definition? All employees are bad leavers No employees are bad leavers Bad leavers are those who commit gross misconduct, etc Other (please specify) Question Title * 16. If you wish to receive a copy of the Confluence Tax Biotech Employee Equity report please leave your name and email address. We will not use this for any other purpose and it will be treated in strictest confidence. Name Company Email Address Done