Velarion · Company Intelligence
Compensation Brief
Fiscal year 2025 · Filings through 2026-04-20

ADC Therapeutics Sa (ADCT)

Fiscal year 2025 executive and director compensation, incentive-plan design, equity activity, and governance — every figure in this brief is traceable to its exact location in the company’s SEC filing — the document, the section, the page, and the table, linked directly.

$2,453,150
Ameet Mallik total, FY2025
CEO pay percentile vs peers
CEO-to-median pay ratio
Say-on-pay support, latest vote
Companies that benchmark against ADCT
No companies currently name ADCT as a compensation peer in their most recent disclosure.

This is the complete answer, not a partial one — the list is never padded.

01

Summary Compensation Table — fiscal year 2025

Named executive officerSalaryBonusStock awardsOption awardsNon-equity incentivePension / NQDCAll otherTotal
Ameet Mallik$776,084$0$1,046,500$0$582,063$0$48,503$2,453,150
Chief Executive Officer
Mohamed Zaki690,1210370,3000431,325023,8201,515,566
Chief Medical Officer
Jose Carmona525,2080386,4000328,25507,1401,247,003
Chief Financial Officer

A dash means the company reported no figure in that column; 0 means it reported zero. Figures are as printed in the filing, without adjustment.

Three-year trend — total compensation per named executive

Named executive officerFY2025 totalFY2024 totalFY2023 totalΔ FY20242025
Ameet Mallik$2,453,150
Mohamed Zaki1,515,566
Jose Carmona1,247,003

Prior-year totals as disclosed in the corresponding proxy; deltas are computed values with the derivation shown in the register.

02

Equity transactions since the proxy statement was filed

No insider equity transactions reported since the proxy statement.

03

Grants of plan-based awards — fiscal year 2025

ExecutiveAwardGrant dateThresholdTargetGrantedMaximumGrant-date fair value
Jose CarmonaRSU2025-02-13240,000$386,400
Ameet MallikRSU2025-02-13650,0001,046,500
Mohamed ZakiRSU2025-02-13230,000370,300
03b

Vehicle mix — grant-date fair value by award type

Named executive officerTime-vested (RSU)Performance-vested (PSU)Options / SARs% performance-vested
Jose Carmona$386,400$0$00.0%
Ameet Mallik1,046,500000.0%
Mohamed Zaki370,300000.0%

% performance-vested = PSU grant-date fair value ÷ (RSU + PSU + Options), a computed value with the derivation shown in the register.

04

Outstanding equity awards at fiscal year-end 2025

ExecutiveAwardShares unvestedExercise priceMarket value unvested
Ameet MallikRSU650,000$2,294,500
Jose CarmonaRSU240,000847,200
Mohamed ZakiRSU230,000811,900
Ameet MallikOption111,24610.95
Ameet MallikOption195,3121.99
Jose CarmonaOption115,0003.04
Mohamed ZakiOption19,4443.59
05

Incentive-plan design — the Compensation Discussion & Analysis

The compensation philosophy is designed to reward financial and operational performance, support business strategies, and offer competitive compensation to attract and retain key individuals. It emphasizes a pay-for-performance approach where a significant portion of compensation is variable and linked to Company performance and shareholder value creation.

CEO STI target (% of salary)NaN%
CEO LTI target (% of salary)
Independent consultantPearl Meyer & Partners, LLC
Clawback policyThe ADC Therapeutics SA Clawback Policy, enacted in 2023, applies to NEOs and other executive officers. It requires the clawback of incentive-based compensation erroneously awarded during the three years preceding an accounting restatement due to material noncompliance with financial reporting requirements.
Anti-hedgingThe Insider Trading Policy prohibits directors, officers, and employees from engaging in derivative transactions designed to hedge or speculate on the market value of the company's securities.
Anti-pledgingThe Insider Trading Policy prohibits directors, officers, and employees from pledging company securities, including purchasing on margin or holding in a margin account, unless authorized by the board.
06

Say-on-pay — recent advisory votes

Meeting yearMeeting dateForAgainstAbstainSupportOutcome
20261,254,511,226

Rows are labeled by annual-meeting year, with the meeting date beside each; the vote held in a given year acts on the prior fiscal year's compensation.

Say-on-pay — history, company's computation

Meeting yearMeeting dateApproval — company's computation
2026a

a. Voting standard not stated in the filing.

Approval percentages are the company's own reported computations under its own stated standard, not recomputed by Velarion. Where a company does not state a standard, none is assumed.

07

CEO pay ratio

Ratio (CEO : median employee)
CEO total compensation
Median employee compensation
09

Board fee structure and ownership guideline

Annual cash retainer$45,000
Annual equity retainer$143,600
Per board meeting fee
Committee chair fees (audit / comp / nom-gov)30,000 / 15,000 / 10,000
Stock ownership guideline
10

Disclosed peer group — fiscal year 2025

The compensation peer group as the company disclosed it in its own proxy — the reference set behind the percentile above.

Jose Pepe Carmona
10b

Chief executive pay against the peer group

Most recent fiscal-year chief executive compensation at each disclosed peer, taken from that company's own proxy statement.

RankCompanyFYChief executiveSalaryStock awardsOption awardsNon-equity incentiveTotal
1ADC Therapeutics Sa2025Ameet Mallik$776,084$1,046,500$0$582,063$2,453,150

Each peer's compensation is from its most recently filed proxy; fiscal years differ by company. Each peer's figures come from its own filings; the subject company is highlighted. Peers whose chief executive compensation is outside our coverage universe are stated as such, never left blank.

11

Source register

Each figure's location is given both for the eye (section · page · table · row · column) and for a script (table/row/column index and exact character span in the filed document). Any figure can be independently confirmed against the source.

#SupportsDocumentFiledAccessionLocation in document
1Section 01, Ameet MallikDEF 14A2026-04-200001140361-26-015491Section “Executive Compensation”. As printed: 2,453,150. Filing ↗machine: r2 · c21 · span 371495–371505
2Section 01, Mohamed ZakiDEF 14A2026-04-200001140361-26-015491Section “Executive Compensation”. As printed: 1,515,566. Filing ↗machine: r6 · c21 · span 387422–387432
3Section 01, Jose CarmonaDEF 14A2026-04-200001140361-26-015491Section “Executive Compensation”. As printed: 1,247,003. Filing ↗machine: r4 · c21 · span 379434–379444
4Section 03, Jose Carmona RSUDEF 14A2026-04-200001140361-26-015491Section “Executive Compensation” · grants of plan-based awards table. Filing ↗machine: span 377928–377935
5Section 03, Ameet Mallik RSUDEF 14A2026-04-200001140361-26-015491Section “Executive Compensation” · grants of plan-based awards table. Filing ↗
6Section 03, Mohamed Zaki RSUDEF 14A2026-04-200001140361-26-015491Section “Executive Compensation” · grants of plan-based awards table. Filing ↗machine: span 385712–385719
7Section 07, pay ratio10-K2026-03-100001628280-26-016491Section “CEO Pay Ratio”. As printed: —. Filing ↗
8Section 06, 2026 voteForm 8-K2026-04-200001140361-26-015491Item 5.07 · say-on-pay result. As reported: —. Filing ↗
9Section 03b vehicle mix (computed)ComputedcomputedRSU / PSU / Options grant-date fair values summed per officer from the grants table; % performance-vested = PSU ÷ (RSU+PSU+Options).machine: formula: sums + PSU ratio
10ADC Therapeutics Sa (subject), Section 10b CEO totalDEF 14A2026-04-200001140361-26-015491CEO total compensation as printed in ADC Therapeutics Sa's own proxy. As printed: 2,453,150. Filing ↗machine: r2 · c21 · span 371495–371505