Velarion · Company Intelligence
Compensation Brief
Fiscal year 2025 · Filings through 2026-09-22

ELI LILLY & Co (LLY)

CEO David Ricks was paid $36,698,337 in fiscal year 2025, ↑ up 25.5% from fiscal year 2024, the 52nd percentile of its disclosed peer group (SEC filing 0000059478-26-000029 ↗): 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.

$36,698,337 ↑
David Ricks total, FY2025
52nd
CEO pay percentile vs peers
293:1
CEO-to-median pay ratio
96%
Say-on-pay support, latest vote

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- David Ricks (Chair, President, and Chief Executive Officer), FY2025 total compensation $36,698,337 (base salary $1,700,000) [exec_comp, SEC accession 0000059478-26-000029, filed 2026-03-20]

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LLY's next annual pay disclosure, estimated March 19, 2027.est. Filing ↗

01

Summary Compensation Table — fiscal year 2025

Named executive officerSalaryBonusStock awardsOption awardsNon-equity incentivePension / NQDCAll otherTotal
David Ricks$1,700,000$0$23,325,000$0$6,485,500$4,451,636$736,201$36,698,337
Chair, President, and Chief Executive Officer
Daniel Skovronsky1,490,385012,000,00003,249,039887,845159,30717,786,576
Executive Vice President, Chief Scientific and Product Officer and President, Lilly Research Labs
Anat Hakim1,000,00006,000,00002,180,000502,948162,5709,845,518
Executive Vice President, General Counsel and Secretary
Lucas Montarce1,000,00005,000,00002,180,000243,31560,0008,483,315
Executive Vice President and Chief Financial Officer
Jake Van Naarden920,19204,500,00002,006,01987,36772,5197,586,097
Executive Vice President and President, Lilly Oncology and Head of Corporate Business Development

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 FY2024→2025
David Ricks$36,698,337$29,242,926$26,565,732↑ +7,455,411
Daniel Skovronsky17,786,57612,638,74411,853,929↑ +5,147,832
Anat Hakim9,845,5187,478,4267,006,737↑ +2,367,092
Lucas Montarce8,483,3152,948,519—↑ +5,534,796
Jake Van Naarden7,586,0975,773,9484,886,520↑ +1,812,149

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

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$36,698,337 David Ricks total, FY2025

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Data as of September 22, 2026 · Source: 0000059478-26-000029 · Velarion Executive Compensation Database, deposited on Zenodo (doi:10.5281/zenodo.22283855).

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Companies that benchmark against LLY
21 companies name LLY as a compensation peer

Each company listed discloses LLY in its own benchmarking peer group, as disclosed in each company's most recent proxy statement within the last two proxy seasons. Two companies are therefore absent by design: one that named LLY in an earlier year and no longer does, and one whose own most recent disclosure is older than the last two seasons.

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01c

Board of directors

One page per director: the seat, the committees and the fee table, read for one person at a time.

DirectorRoleFY2025 total
Carolyn BertozziIndependent Director$7,677
Gabrielle SulzbergerIndependent Director$365,500
J. Erik FyrwaldIndependent Director$343,803
Jamere JacksonIndependent Director$368,000
Jonathan MoellerIndependent Director$357,333
Juan LucianoLead Independent Director$398,000
Katherine BaickerIndependent Director$361,000
Kimberly JohnsonIndependent Director$336,000
Mary Lynne HedleyIndependent Director$339,000
Ralph AlvarezIndependent Director$361,000
William Kaelin JrIndependent Director$392,000
02

Equity transactions since the proxy statement was filed

Every insider equity transaction reported on Form 4 after the 2025 proxy statement — acquisitions, dispositions, exercises, and withholdings — and therefore not reflected in any table in that document.

InsiderRoleTransaction dateCodeSharesPriceValueSecuritySource
Ralph AlvarezDirector2026-04-20A13.5$920$12,417CommonForm 4 ↗
J. Erik FyrwaldDirector2026-04-20A10.789209,917CommonForm 4 ↗
Gabrielle SulzbergerDirector2026-04-20A5.399204,958CommonForm 4 ↗
Juan LucianoDirector2026-04-20A17.392015,917CommonForm 4 ↗
LILLY ENDOWMENT INC—2026-05-06D13,62099513,554,965CommonForm 4 ↗
LILLY ENDOWMENT INC—2026-05-06D2,2089962,199,572CommonForm 4 ↗
J. Erik FyrwaldDirector2026-05-18A10.049889,916CommonForm 4 ↗
Gabrielle SulzbergerDirector2026-05-18A5.029884,958CommonForm 4 ↗
Juan LucianoDirector2026-05-18A16.1198815,917CommonForm 4 ↗
Ralph AlvarezDirector2026-05-18A12.5798812,416CommonForm 4 ↗
Ilya YuffaEVP&Pres, LLY USA&Global Capab2026-06-10D2,5001,1512,876,925CommonForm 4 ↗
Ralph AlvarezDirector2026-06-15A10.991,12912,417CommonForm 4 ↗
J. Erik FyrwaldDirector2026-06-15A8.781,1299,917CommonForm 4 ↗
Gabrielle SulzbergerDirector2026-06-15A4.391,1294,958CommonForm 4 ↗
Juan LucianoDirector2026-06-15A14.091,12915,917CommonForm 4 ↗
Ralph AlvarezDirector2026-07-20A10.831,14712,417CommonForm 4 ↗
Juan LucianoDirector2026-07-20A13.881,14715,917CommonForm 4 ↗
Gabrielle SulzbergerDirector2026-07-20A4.321,1474,958CommonForm 4 ↗
J. Erik FyrwaldDirector2026-07-20A8.651,1479,917CommonForm 4 ↗
Dividend-equivalent accruals2026-08-01—981——1 insider, 1 accrual row
Melissa SeymourEVP, Global Quality2026-08-01A98100CommonForm 4 ↗
Melissa SeymourEVP, Global Quality2026-08-01D438.711,149504,004CommonForm 4 ↗
Anat HakimEVP, GC & Secretary2026-08-07D5,0001,1905,950,000Common, indirectForm 4 ↗
Donald A. ZakrowskiSVP, Finance, & CAO2026-08-10D2,0001,1852,370,020CommonForm 4 ↗
Patrik JonssonEVP & President, LLY Int'l2026-08-17D6,5001,1757,638,150CommonForm 4 ↗
Ralph AlvarezDirector2026-08-17A10.491,18312,417CommonForm 4 ↗
Juan LucianoDirector2026-08-17A13.451,18315,917CommonForm 4 ↗
Gabrielle SulzbergerDirector2026-08-17A4.191,1834,958CommonForm 4 ↗
J. Erik FyrwaldDirector2026-08-17A8.381,1839,917CommonForm 4 ↗
Edgardo HernandezEVP & Pres., Mfg. Operations2026-09-02D1300CommonForm 4 ↗
Eric DozierEVP, Chief People Officer2026-09-02D21600CommonForm 4 ↗
Melissa SeymourEVP, Global Quality2026-09-09D1200CommonForm 4 ↗
Ralph AlvarezDirector2026-09-21A10.661,16512,417CommonForm 4 ↗
J. Erik FyrwaldDirector2026-09-21A8.511,1659,917CommonForm 4 ↗
Juan LucianoDirector2026-09-21A13.661,16515,917CommonForm 4 ↗
Gabrielle SulzbergerDirector2026-09-21A4.261,1654,958CommonForm 4 ↗

Transaction codes per Form 4: A acquisition · S open-market sale · F tax withholding · M option exercise · G gift. Value = shares × price as reported. Dividend-equivalent and fractional-share accrual rows (derivative Class A, under $10,000 and under 2,000 shares) are aggregated per date; every row appears in full below.

View all 36 transactions
InsiderRoleTransaction dateCodeSharesPriceValueSecuritySource
Ralph AlvarezDirector2026-04-20A13.5$920$12,417CommonForm 4 ↗
J. Erik FyrwaldDirector2026-04-20A10.789209,917CommonForm 4 ↗
Gabrielle SulzbergerDirector2026-04-20A5.399204,958CommonForm 4 ↗
Juan LucianoDirector2026-04-20A17.392015,917CommonForm 4 ↗
LILLY ENDOWMENT INC—2026-05-06D13,62099513,554,965CommonForm 4 ↗
LILLY ENDOWMENT INC—2026-05-06D2,2089962,199,572CommonForm 4 ↗
J. Erik FyrwaldDirector2026-05-18A10.049889,916CommonForm 4 ↗
Gabrielle SulzbergerDirector2026-05-18A5.029884,958CommonForm 4 ↗
Juan LucianoDirector2026-05-18A16.1198815,917CommonForm 4 ↗
Ralph AlvarezDirector2026-05-18A12.5798812,416CommonForm 4 ↗
Ilya YuffaEVP&Pres, LLY USA&Global Capab2026-06-10D2,5001,1512,876,925CommonForm 4 ↗
Ralph AlvarezDirector2026-06-15A10.991,12912,417CommonForm 4 ↗
J. Erik FyrwaldDirector2026-06-15A8.781,1299,917CommonForm 4 ↗
Gabrielle SulzbergerDirector2026-06-15A4.391,1294,958CommonForm 4 ↗
Juan LucianoDirector2026-06-15A14.091,12915,917CommonForm 4 ↗
Ralph AlvarezDirector2026-07-20A10.831,14712,417CommonForm 4 ↗
Juan LucianoDirector2026-07-20A13.881,14715,917CommonForm 4 ↗
Gabrielle SulzbergerDirector2026-07-20A4.321,1474,958CommonForm 4 ↗
J. Erik FyrwaldDirector2026-07-20A8.651,1479,917CommonForm 4 ↗
Melissa SeymourEVP, Global Quality2026-08-01D98100Derivative, Class A CommonForm 4 ↗
Melissa SeymourEVP, Global Quality2026-08-01A98100CommonForm 4 ↗
Melissa SeymourEVP, Global Quality2026-08-01D438.711,149504,004CommonForm 4 ↗
Anat HakimEVP, GC & Secretary2026-08-07D5,0001,1905,950,000Common, indirectForm 4 ↗
Donald A. ZakrowskiSVP, Finance, & CAO2026-08-10D2,0001,1852,370,020CommonForm 4 ↗
Patrik JonssonEVP & President, LLY Int'l2026-08-17D6,5001,1757,638,150CommonForm 4 ↗
Ralph AlvarezDirector2026-08-17A10.491,18312,417CommonForm 4 ↗
Juan LucianoDirector2026-08-17A13.451,18315,917CommonForm 4 ↗
Gabrielle SulzbergerDirector2026-08-17A4.191,1834,958CommonForm 4 ↗
J. Erik FyrwaldDirector2026-08-17A8.381,1839,917CommonForm 4 ↗
Edgardo HernandezEVP & Pres., Mfg. Operations2026-09-02D1300CommonForm 4 ↗
Eric DozierEVP, Chief People Officer2026-09-02D21600CommonForm 4 ↗
Melissa SeymourEVP, Global Quality2026-09-09D1200CommonForm 4 ↗
Ralph AlvarezDirector2026-09-21A10.661,16512,417CommonForm 4 ↗
J. Erik FyrwaldDirector2026-09-21A8.511,1659,917CommonForm 4 ↗
Juan LucianoDirector2026-09-21A13.661,16515,917CommonForm 4 ↗
Gabrielle SulzbergerDirector2026-09-21A4.261,1654,958CommonForm 4 ↗
03

Grants of plan-based awards — fiscal year 2025

ExecutiveAwardGrant dateThresholdTargetGrantedMaximumGrant-date fair value
David RicksPSU2025-02-105,52111,043—22,086$11,662,500
Jake Van NaardenPSU2025-02-101,0652,130—4,2612,250,000
Anat HakimPSU2025-02-101,4202,840—5,6813,000,000
Lucas MontarcePSU2025-02-101,1832,367—4,7342,500,000
Daniel SkovronskyPSU2025-02-102,8405,681—11,3626,000,000
Anat HakimPSU2025-02-101,2982,597—5,1953,000,000
Daniel SkovronskyPSU2025-02-102,5975,195—10,3906,000,000
Jake Van NaardenPSU2025-02-109741,948—3,8962,250,000
David RicksPSU2025-02-105,04910,098—20,19611,662,500
Lucas MontarcePSU2025-02-101,0822,164—4,3292,500,000
03b

Vehicle mix — grant-date fair value by award type

Named executive officerTime-vested (RSU)Performance-vested (PSU)Options / SARs% performance-vested
David Ricks$0$23,325,000$0100.0%
Jake Van Naarden04,500,0000100.0%
Anat Hakim06,000,0000100.0%
Lucas Montarce05,000,0000100.0%
Daniel Skovronsky012,000,0000100.0%

% 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
Daniel SkovronskyRSU12,684—$13,631,241
Daniel SkovronskyRSU11,363—12,211,589
David RicksRSU17,850—19,183,038
Jake Van NaardenRSU2,620—2,815,662
Lucas MontarceRSU2,349—2,524,423
David RicksRSU22,086—23,735,382
Jake Van NaardenRSU2,054—2,207,393
David RicksRSU19,158—20,588,719
Anat HakimRSU5,195—5,582,963
Jake Van NaardenRSU4,261—4,579,211
Lucas MontarceRSU4,734—5,087,535
Anat HakimRSU3,832—4,118,174
David RicksRSU20,197—21,705,312
Anat HakimRSU3,350—3,600,178
Anat HakimRSU5,681—6,105,257
Anat HakimRSU3,570—3,836,608
Daniel SkovronskyRSU7,276—7,819,372
Daniel SkovronskyRSU10,391—11,167,000
Daniel SkovronskyRSU6,778—7,284,181
Lucas MontarceRSU4,329—4,652,290
Lucas MontarceRSU518—556,684
Lucas MontarceRSU482—517,996
Jake Van NaardenRSU2,440—2,622,219
David RicksRSU15,966—17,158,341
Jake Van NaardenRSU3,896—4,186,953
05

Incentive-plan design — the Compensation Discussion & Analysis

Our compensation programs are designed to help us achieve these goals while balancing stakeholder interests. Reward Individual and Company Performance: We link pay to individual and company performance to reinforce a high-performance culture. As employees assume greater responsibilities, a greater proportion of total compensation is tied to company performance and shareholder returns.

CEO STI target (% of salary)175%
CEO LTI target (% of salary)—
Independent consultantFW Cook
Clawback policytrue
Anti-hedgingtrue
Anti-pledgingtrue
06

Say-on-pay — recent advisory votes

Meeting yearMeeting dateForAgainstAbstainSupportOutcome
20262026-05-04731,998,71730,467,2782,302,68696%Passed
20252025-05-05731,376,57728,008,8771,781,40596.31%Passed
20242024-05-06734,022,95438,576,7571,815,40895.01%Passed
20232023-05-01742,589,83332,460,2891,786,21995.81%Passed
20222022-05-02737,935,21443,538,1541,841,48194.43%Passed

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
20262026-05-0496%a
20252025-05-0596.31%b
20242024-05-0695.01%c

a. Approved under the standard stated in the filing — “Advisory vote on compensation paid to named executive officers Majority of votes cast FOR, AGAINST or ABSTAIN No effect - not counted as a "vote cast" No No effect”.

b. Approved under the standard stated in the filing — “Logistics--How to Vote ." Voting Matters and Board Recommendations Voting Matter Required Vote Board Vote Recommendation See Page Item 1 Election of four directors to serve three-year terms Majority of votes cast (for each nominee) FOR EACH NOMINEE 29 Item 2 Advisory vote on compensation paid to named executive officers Majority of votes cast FOR 44 Item 3 Ratification of the appointment of the independent auditor Majority of votes cast FOR 76 Item 4 Proposal to amend the company's articles of incorporation to eliminate the classified board structure 80% of outstanding shares FOR 79 Item 5 Proposal to eliminate supermajority voting provisions 80% of outsta ed Vote Voting Options Effect of Abstentions Broker Discretionary Voting Allowed? Effect of Broker Non-Votes Election of directors Majority of votes cast FOR, AGAINST or ABSTAIN (for each director nominee) No effect - not counted as a "vote cast" No No effect Advisory vote on compensation paid to named executive officers Majority of votes cast FOR, AGAINST or ABSTAIN No effect - not counted as a "vote cast" No No effect Ratification of the appointment of the independent auditor Majority of votes cast FOR, AGAINST or ABSTAIN No effect - not counted as a "vote cast" Yes Not applicable Proposal to amend the company's articles of incorporation to eliminate the ting.com/LLY2025 on Monday, May 5, 2025, at 8:30 a.m.”.

c. Approved under the standard stated in the filing — “ogistics--How to Vote ." 9 Voting Matters and Board Recommendations Voting Matter Required Vote Board Vote Recommendation See Page Item 1 Election of four directors to serve three-year terms Majority of votes cast (for each nominee) FOR EACH NOMINEE 31 Item 2 Advisory vote on compensation paid to named executive officers Majority of votes cast FOR 46 Item 3 Ratification of the appointment of the independent auditor Majority of votes cast FOR 81 Item 4 Proposal to amend the company's articles of incorporation to eliminate the classified board structure 80% of outstanding shares FOR 84 Item 5 Proposal to eliminate supermajority voting provisions 80% of outsta ed Vote Voting Options Effect of Abstentions Broker Discretionary Voting Allowed? Effect of Broker Non-Votes Election of directors Majority of votes cast FOR, AGAINST or ABSTAIN (for each director nominee) No effect - not counted as a "vote cast" No No effect Advisory vote on compensation paid to named executive officers Majority of votes cast FOR, AGAINST or ABSTAIN No effect - not counted as a "vote cast" No No effect Ratification of the appointment of the independent auditor Majority of votes cast FOR, AGAINST or ABSTAIN No effect - not counted as a "vote cast" Yes Not applicable Proposal to amend the company's articles of incorporation to eliminate the meeting.com/LLY2024 on Monday, May 6, 2024, at 8:30 a.m.”.

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)293 : 1
CEO total compensation$36,698,337
Median employee compensation$125,100
08

Director compensation — fiscal year 2025

DirectorCash feesStock awardsOption awardsNon-equity incentiveAll otherTotal
Juan LucianoIndependent · Lead Independent Director · Directors and Corporate Governance (Chair) · Talent and Compensation$178,000$220,000$0$0—$398,000
William Kaelin JrIndependent · Directors and Corporate Governance · Science and Technology (Chair)142,000220,0000030,000392,000
Jamere JacksonIndependent · Audit (Chair) · Directors and Corporate Governance148,000220,00000—368,000
Gabrielle SulzbergerIndependent · Audit · Directors and Corporate Governance119,000220,0000026,500365,500
Katherine BaickerIndependent · Science and Technology · Ethics and Compliance (Chair)141,000220,00000—361,000
Ralph AlvarezIndependent · Audit · Talent and Compensation (Chair)141,000220,00000—361,000
Jonathan MoellerIndependent · Audit · Directors and Corporate Governance119,000238,33300—357,333
J. Erik FyrwaldIndependent · Talent and Compensation · Science and Technology119,000220,000004,803343,803
Mary Lynne HedleyIndependent · Science and Technology · Ethics and Compliance119,000220,00000—339,000
Kimberly JohnsonIndependent · Talent and Compensation · Ethics and Compliance116,000220,00000—336,000
Carolyn BertozziIndependent · Science and Technology · Ethics and Compliance · Newly elected7,677——0—7,677
David A. RicksEmployee director · Board Chair000—00
09

Board fee structure and ownership guideline

Annual cash retainer$110,000
Annual equity retainer$220,000
Per board meeting fee—
Committee chair fees (audit / comp / nom-gov)29,000 / 22,000 / 22,000
Stock ownership guideline5x annual retainer ($550,000)
09b

Total cost of the board

ComponentFY2025
Cash retainers and fees$1,349,677
Equity awards (grant-date value)$2,218,333
All other compensation$61,303
Total cost of the board$3,629,313

Computed as the sum of the director compensation table rows above; inputs and formula shown in the register.

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.

10a

Peer reciprocity

Of the companies ELI LILLY & Co names as compensation peers, which name it back in their own disclosed peer groups. A peer set the market reciprocates reads differently from one selected in a single direction.

Reciprocity shown where the peer's own current proxy has been read — each mark is cited in the register to that peer's filing. A dash means the peer's current proxy was read and names no reciprocal group including ELI LILLY & Co.

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
1Tesla2025Elon Musk—$158,359,009,867$0$0$158,359,009,867
2Broadcom2025Hock Tan1,200,000202,351,08000205,278,006
3Intel2025Lip-Bu Tan746,20049,639,50039,523,2002,374,00092,990,900
4Apple2025Tim Cook3,000,00057,535,293012,000,00074,294,811
5Advanced Micro Devices2025Lisa T. Su1,291,25841,669,3908,951,5133,125,43055,161,779
6Cisco2025Charles Robbins1,390,00045,870,69005,117,42452,838,751
7Adobe2025Shantanu Narayen1,500,00045,376,11003,120,00051,173,935
8Salesforce2026Marc Benioff1,550,00027,265,36010,743,0973,602,58849,379,252
9IBM2025Arvind Krishna1,500,00023,988,5866,606,3125,250,00037,989,685
10ELI LILLY & Co2025David Ricks1,700,00023,325,00006,485,50036,698,337
11NVIDIA2026Jen-Hsun Huang1,497,62724,800,51106,000,00036,343,830
12Nike2026Elliott Hill1,500,00028,137,7983,967,1132,220,00036,340,876
13Johnson & Johnson2025Joaquin Duato1,600,00015,028,9485,927,9954,298,70032,758,111
14AbbVie2025Robert Michael1,700,00013,268,4563,199,1545,200,00032,530,984
15Coca-Cola2025James Quincey1,675,00012,516,10910,352,2555,025,00031,208,165
16Micron2025Sanjay Mehrotra1,446,18525,360,02903,894,99030,940,146
17Qualcomm2025Cristiano Amon1,350,00024,162,04303,186,00029,701,097
18Gilead Sciences2025Daniel O'Day1,795,19215,238,4024,500,0604,848,12028,437,198
19Pfizer2025Albert Bourla1,800,0009,442,7058,998,1415,400,00027,585,301
20Amgen2025Robert Bradway1,925,40912,599,5895,399,9963,907,00024,693,120
21Abbott Laboratories2025Robert Ford1,500,0008,787,3788,788,4301,968,75024,198,660
22Medtronic2026Geoffrey Martha1,399,03913,672,2005,175,5592,307,20022,940,252
23Bristol-Myers Squibb2025Christopher Boerner1,586,34616,061,39903,754,68421,879,919
24Stryker2025Kevin Lobo1,500,0009,764,1366,920,7812,250,00021,401,495
25Merck2025Robert Davis1,645,30212,102,8383,380,0042,326,50020,797,845
26McDonald's2025Christopher Kempczinski1,550,0008,000,2158,000,0662,367,16020,574,525
27Honeywell2025Vimal Kapur1,600,00010,866,2693,623,9143,516,80020,381,435
—GlaxoSmithKline——————not in coverage universe
—Novartis——————not in coverage universe
—Sanofi——————not in coverage universe
—AstraZeneca——————not in coverage universe

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.

10c

Incentive design against the same peers

CompanyAnnual incentive payoutLong-term vehicle mixPSU measures include TSRCompensation consultant
ELI LILLY & Co218%PSU 100NoFW Cook
Abbott Laboratories75.0%Options 50 · PSU 50NoMeridian Compensation Partners, LLC
AbbVienot disclosedPSU 40 · PRSU 40 · Option 20Yes — Relative TSRSemler Brossy
Adobe104%PSU 70 · RSU 30YesCompensia, Inc.
Advanced Micro Devices121%not disclosedYes — Total Shareholder Return (TSR) - Percentile Rank vs S&P 500Compensia
Amgen136.0%PSU 50 · Options 30 · RSU 20Yes — relative TSRFrederic W. Cook & Co., Inc. (FW Cook)
Applenot disclosednot disclosedYes — Relative TSRPay Governance LLC
AstraZenecanot disclosednot disclosednot disclosednot disclosed
Bristol-Myers Squibb157.66%PSU 60 · MSU 40Yes — 3-Year Relative TSR CAGRFarient Advisors LLC
Broadcomnot disclosedPSU 50 · RSU 50Yes — Relative TSRMeridian
Cisco142%PSU 60 · RSU 40Yes — Relative TSRExequity
Coca-Cola150%PSU 50 · Options 50Yes — Relative TSR modifierMeridian Compensation Partners, LLC
Gilead Sciences180%PSU 50 · Options 25 · RSU 25Yes — Relative TSRFW Cook
GlaxoSmithKlinenot disclosednot disclosednot disclosednot disclosed
Honeywell126%PSU 50 · Options 25 · RSU 25Yes — three-year total shareowner return (TSR) relative to the 2025 Compensation Peer Groupnot disclosed
IBM150%not disclosedYes — Relative Total Shareholder Return (rTSR)Semler Brossy
Intelnot disclosedPSU 50 · RSU 50 · Option 40Yes — Relative TSRSemler Brossy
Johnson & Johnsonnot disclosednot disclosedYes — Relative TSRSemler Brossy Consulting Group
McDonald'snot disclosedPRSU 50 · Option 50NoSemler Brossy Consulting Group LLC
Medtronic103%PSU 50 · Options 30 · RSU 20NoSemler Brossy
Merck94%PSU 60 · RSU 20 · Options 20Yes — Relative Total Shareholder Return (R-TSR)FW Cook
Micronnot disclosedPRSU 65 · RSA 35Yes — rTSR (relative Total Shareholder Return)Compensia, Inc.
Nike74%PSU 50 · Option 25 · RSU 25Yes — Relative TSRnot disclosed
Novartisnot disclosednot disclosednot disclosednot disclosed
NVIDIA200%PSU 100Yes — TSR relative to the S&P 500Semler Brossy
Pfizer150%PSU 50 · MSU 50Yes — relative TSR as compared to the NYSE Arca Pharmaceutical Index (DRG Index or DRG)Meridian Compensation Partners, LLC
Qualcomm118%PSU 60 · RSU 40Yes — Relative Total Stockholder Return (RTSR)Pay Governance
Salesforce103.3%PSU 67 · Options 33Yes — Relative TSRSemler Brossy
Sanofinot disclosednot disclosednot disclosednot disclosed
Stryker100%PSU 48 · Options 34NoSemler Brossy
Teslanot disclosednot disclosednot disclosedCompensia, Inc.

Read from each company's Compensation Discussion and Analysis: annual incentive payout as a percentage of target, the disclosed long-term vehicle mix, whether performance-share measures include a total shareholder return component, and the retained compensation consultant. “Not disclosed” appears only where the company's filing does not state the item.

10d

Frequently asked questions

Who was the highest-paid executive at ELI LILLY & Co in fiscal 2025?
As disclosed, David Ricks (Chair, President, and Chief Executive Officer) was the highest-paid executive at ELI LILLY & Co in fiscal 2025, with total compensation of $36,698,337.
How does ELI LILLY & Co's chief executive pay compare to its disclosed peer group?
As disclosed, David Ricks's total compensation ranked at the 52nd percentile of ELI LILLY & Co's disclosed peer group.
What is ELI LILLY & Co's CEO-to-median employee pay ratio?
As disclosed, ELI LILLY & Co's CEO-to-median employee pay ratio was 293:1.
How did shareholders vote on ELI LILLY & Co's executive compensation?
As disclosed, 96% of shareholders supported ELI LILLY & Co's executive compensation in the latest say-on-pay vote.
How much does ELI LILLY & Co spend in total on board compensation for fiscal 2025?
As disclosed, ELI LILLY & Co reported total board compensation of $3,629,313 for fiscal 2025.

Answers are drawn only from the figures disclosed in this brief and cited to their location in the source filing. Where a figure required for an answer is not disclosed, that is stated rather than estimated.

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, David RicksDEF 14A2026-03-200000059478-26-000029Section “Summary Compensation Table” · page 7. As printed: 36,698,337. Filing ↗machine: t92 · r2 · c20 · span 925013–925024
2Section 01, Daniel SkovronskyDEF 14A2026-03-200000059478-26-000029Section “Summary Compensation Table” · page 7. As printed: 17,786,576. Filing ↗machine: t92 · r7 · c20 · span 939890–939901
3Section 01, Anat HakimDEF 14A2026-03-200000059478-26-000029Section “Summary Compensation Table” · page 7. As printed: 9,845,518. Filing ↗machine: t92 · r10 · c20 · span 948875–948885
4Section 01, Lucas MontarceDEF 14A2026-03-200000059478-26-000029Section “Summary Compensation Table” · page 7. As printed: 8,483,315. Filing ↗machine: t92 · r5 · c20 · span 933980–933990
5Section 01, Jake Van NaardenDEF 14A2026-03-200000059478-26-000029Section “Summary Compensation Table” · page 7. As printed: 7,586,097. Filing ↗machine: t92 · r13 · c20 · span 957235–957245
6Section 03, David Ricks PSUDEF 14A1900-01-010000059478-26-000029Section “Executive Compensation” · grants of plan-based awards table. Filing ↗machine: span 968926–968937
7Section 03, Jake Van Naarden PSUDEF 14A1900-01-010000059478-26-000029Section “Executive Compensation” · grants of plan-based awards table. Filing ↗machine: span 975496–975506
8Section 03, Anat Hakim PSUDEF 14A1900-01-010000059478-26-000029Section “Executive Compensation” · grants of plan-based awards table. Filing ↗machine: span 973937–973947
9Section 03, Lucas Montarce PSUDEF 14A1900-01-010000059478-26-000029Section “Executive Compensation” · grants of plan-based awards table. Filing ↗machine: span 970798–970808
10Section 03, Daniel Skovronsky PSUDEF 14A1900-01-010000059478-26-000029Section “Executive Compensation” · grants of plan-based awards table. Filing ↗machine: span 972294–972304
11Section 03, Anat Hakim PSUDEF 14A1900-01-010000059478-26-000029Section “Executive Compensation” · grants of plan-based awards table. Filing ↗machine: span 974560–974570
12Section 03, Daniel Skovronsky PSUDEF 14A1900-01-010000059478-26-000029Section “Executive Compensation” · grants of plan-based awards table. Filing ↗machine: span 973043–973053
13Section 03, Jake Van Naarden PSUDEF 14A1900-01-010000059478-26-000029Section “Executive Compensation” · grants of plan-based awards table. Filing ↗machine: span 976399–976409
14Section 03, David Ricks PSUDEF 14A1900-01-010000059478-26-000029Section “Executive Compensation” · grants of plan-based awards table. Filing ↗machine: span 969816–969827
15Section 03, Lucas Montarce PSUDEF 14A1900-01-010000059478-26-000029Section “Executive Compensation” · grants of plan-based awards table. Filing ↗machine: span 971421–971431
16Section 07, pay ratioDEF 14A2026-03-200000059478-26-000029Section “CEO Pay Ratio”. As printed: 293 : 1. Filing ↗machine: t102 · r3 · c1 · span 1213158–1213166
17Section 08, Juan LucianoDEF 14A2026-03-200000059478-26-000029Section “Director Compensation”. As printed: 398,000. Filing ↗machine: t44 · r10 · c7 · span 501344–501569
18Section 08, William Kaelin JrDEF 14A2026-03-200000059478-26-000029Section “Director Compensation”. As printed: 392,000. Filing ↗machine: r9 · c7 · span 499956–500156
19Section 08, Jamere JacksonDEF 14A2026-03-200000059478-26-000029Section “Director Compensation”. As printed: 368,000. Filing ↗machine: t44 · r7 · c7 · span 497306–497506
20Section 08, Gabrielle SulzbergerDEF 14A2026-03-200000059478-26-000029Section “Director Compensation”. As printed: 365,500. Filing ↗machine: t44 · r12 · c7 · span 503997–504222
21Section 08, Katherine BaickerDEF 14A2026-03-200000059478-26-000029Section “Director Compensation”. As printed: 361,000. Filing ↗machine: t44 · r3 · c7 · span 492010–492210
22Section 08, Ralph AlvarezDEF 14A2026-03-200000059478-26-000029Section “Director Compensation”. As printed: 361,000. Filing ↗machine: t44 · r2 · c7 · span 490691–490944
23Section 08, Jonathan MoellerDEF 14A2026-03-200000059478-26-000029Section “Director Compensation”. As printed: 357,333. Filing ↗machine: t44 · r11 · c7 · span 502607–502807
24Section 08, J. Erik FyrwaldDEF 14A2026-03-200000059478-26-000029Section “Director Compensation”. As printed: 343,803. Filing ↗machine: t44 · r5 · c7 · span 494656–494856
25Section 08, Mary Lynne HedleyDEF 14A2026-03-200000059478-26-000029Section “Director Compensation”. As printed: 339,000. Filing ↗machine: t44 · r6 · c7 · span 496043–496268
26Section 08, Kimberly JohnsonDEF 14A2026-03-200000059478-26-000029Section “Director Compensation”. As printed: 336,000. Filing ↗machine: t44 · r8 · c7 · span 498695–498920
27Section 08, Carolyn BertozziDEF 14A2026-03-200000059478-26-000029Section “Director Compensation”. As printed: 7,677. Filing ↗machine: t44 · r4 · c1 · span 492621–492740
28Section 08, David A. RicksDEF 14A2026-03-200000059478-26-000029Section “Director Compensation”. As printed: 0. Filing ↗
29Section 02, Ralph Alvarez 2026-04-20Form 42026-04-210000059478-26-000034Insider equity transaction reported since the proxy statement. Filing ↗
30Section 02, J. Erik Fyrwald 2026-04-20Form 42026-04-210000059478-26-000036Insider equity transaction reported since the proxy statement. Filing ↗
31Section 02, Gabrielle Sulzberger 2026-04-20Form 42026-04-210001262388-26-000008Insider equity transaction reported since the proxy statement. Filing ↗
32Section 02, Juan Luciano 2026-04-20Form 42026-04-210000059478-26-000038Insider equity transaction reported since the proxy statement. Filing ↗
33Section 02, LILLY ENDOWMENT INC 2026-05-06Form 42026-05-070000316011-26-000015Insider equity transaction reported since the proxy statement. Filing ↗
34Section 02, LILLY ENDOWMENT INC 2026-05-06Form 42026-05-070000316011-26-000015Insider equity transaction reported since the proxy statement. Filing ↗
35Section 02, J. Erik Fyrwald 2026-05-18Form 42026-05-190000059478-26-000053Insider equity transaction reported since the proxy statement. Filing ↗
36Section 02, Gabrielle Sulzberger 2026-05-18Form 42026-05-190001262388-26-000010Insider equity transaction reported since the proxy statement. Filing ↗
37Section 02, Juan Luciano 2026-05-18Form 42026-05-190000059478-26-000055Insider equity transaction reported since the proxy statement. Filing ↗
38Section 02, Ralph Alvarez 2026-05-18Form 42026-05-190001310215-26-000008Insider equity transaction reported since the proxy statement. Filing ↗
39Section 02, Ilya Yuffa 2026-06-10Form 42026-06-110001826001-26-000006Insider equity transaction reported since the proxy statement. Filing ↗
40Section 02, Ralph Alvarez 2026-06-15Form 42026-06-160001310215-26-000011Insider equity transaction reported since the proxy statement. Filing ↗
41Section 02, J. Erik Fyrwald 2026-06-15Form 42026-06-160000059478-26-000057Insider equity transaction reported since the proxy statement. Filing ↗
42Section 02, Gabrielle Sulzberger 2026-06-15Form 42026-06-160001262388-26-000012Insider equity transaction reported since the proxy statement. Filing ↗
43Section 02, Juan Luciano 2026-06-15Form 42026-06-160000059478-26-000059Insider equity transaction reported since the proxy statement. Filing ↗
44Section 02, Ralph Alvarez 2026-07-20Form 42026-07-210001310215-26-000013Insider equity transaction reported since the proxy statement. Filing ↗
45Section 02, Juan Luciano 2026-07-20Form 42026-07-210000059478-26-000068Insider equity transaction reported since the proxy statement. Filing ↗
46Section 02, Gabrielle Sulzberger 2026-07-20Form 42026-07-210001262388-26-000014Insider equity transaction reported since the proxy statement. Filing ↗
47Section 02, J. Erik Fyrwald 2026-07-20Form 42026-07-210000059478-26-000066Insider equity transaction reported since the proxy statement. Filing ↗
48Section 02, Melissa Seymour 2026-08-01Form 42026-08-030002032089-26-000002Insider equity transaction reported since the proxy statement. Filing ↗
49Section 02, Melissa Seymour 2026-08-01Form 42026-08-030002032089-26-000002Insider equity transaction reported since the proxy statement. Filing ↗
50Section 02, Melissa Seymour 2026-08-01Form 42026-08-030002032089-26-000002Insider equity transaction reported since the proxy statement. Filing ↗
51Section 02, Anat Hakim 2026-08-07Form 42026-08-100001685556-26-000006Insider equity transaction reported since the proxy statement. Filing ↗
52Section 02, Donald A. Zakrowski 2026-08-10Form 42026-08-110000059478-26-000083Insider equity transaction reported since the proxy statement. Filing ↗
53Section 02, Patrik Jonsson 2026-08-17Form 42026-08-180001786054-26-000006Insider equity transaction reported since the proxy statement. Filing ↗
54Section 02, Ralph Alvarez 2026-08-17Form 42026-08-180001310215-26-000015Insider equity transaction reported since the proxy statement. Filing ↗
55Section 02, Juan Luciano 2026-08-17Form 42026-08-180000059478-26-000087Insider equity transaction reported since the proxy statement. Filing ↗
56Section 02, Gabrielle Sulzberger 2026-08-17Form 42026-08-180001262388-26-000016Insider equity transaction reported since the proxy statement. Filing ↗
57Section 02, J. Erik Fyrwald 2026-08-17Form 42026-08-180000059478-26-000085Insider equity transaction reported since the proxy statement. Filing ↗
58Section 02, Edgardo Hernandez 2026-09-02Form 42026-09-040001861052-26-000006Insider equity transaction reported since the proxy statement. Filing ↗
59Section 02, Eric Dozier 2026-09-02Form 42026-09-040001955972-26-000008Insider equity transaction reported since the proxy statement. Filing ↗
60Section 02, Melissa Seymour 2026-09-09Form 42026-09-110002032089-26-000004Insider equity transaction reported since the proxy statement. Filing ↗
61Section 02, Ralph Alvarez 2026-09-21Form 42026-09-220001310215-26-000017Insider equity transaction reported since the proxy statement. Filing ↗
62Section 02, J. Erik Fyrwald 2026-09-21Form 42026-09-220000059478-26-000089Insider equity transaction reported since the proxy statement. Filing ↗
63Section 02, Juan Luciano 2026-09-21Form 42026-09-220000059478-26-000091Insider equity transaction reported since the proxy statement. Filing ↗
64Section 02, Gabrielle Sulzberger 2026-09-21Form 42026-09-220001262388-26-000018Insider equity transaction reported since the proxy statement. Filing ↗
65Section 06, 2026 voteForm 8-K2026-05-070000059478-26-000048Item 5.07 · say-on-pay result. As reported: 96% (votes for as printed: 731,998,717). Filing ↗
66Section 06, 2025 voteForm 8-K2025-05-080000059478-25-000138Item 5.07 · say-on-pay result. As reported: 96.31% (votes for as printed: 731,376,577). Filing ↗
67Section 06, 2024 voteForm 8-K2024-05-090000059478-24-000127Item 5.07 · say-on-pay result. As reported: 95.01% (votes for as printed: 734,022,954). Filing ↗
68Section 01 trend, Δ column (computed)Computed——Δ = current-FY total − prior-FY total per named officer.machine: formula: Δ = FY(n) − FY(n−1)
69Section 03b vehicle mix (computed)Computed——RSU / PSU / Options grant-date fair values summed per officer from the grants table; % performance-vested = PSU ÷ (RSU+PSU+Options).machine: formula: sums + PSU ratio
70Section 09b board cost (computed)Computed——Cash 1,349,677 + equity 2,218,333 + all other 61,303 = 3,629,313, summed across the director compensation table rows.machine: formula: Σ = 3,629,313
71Tesla, Section 10b CEO totalDEF 14A2026-04-300001104659-26-053166CEO total compensation as printed in Tesla's own proxy. As printed: 158,359,009,867. Filing ↗
72Broadcom, Section 10b CEO totalDEF 14A2026-03-020001193125-26-085691CEO total compensation as printed in Broadcom's own proxy. As printed: 205,278,006. Filing ↗machine: span 845048–845059
73Intel, Section 10b CEO totalDEF 14A2026-03-240000050863-26-000066CEO total compensation as printed in Intel's own proxy. As printed: 92,990,900. Filing ↗machine: r2 · c24 · span 1611286–1611296
74Apple, Section 10b CEO totalDEF 14A2026-01-080001308179-26-000008CEO total compensation as printed in Apple's own proxy. As printed: 74,294,811. Filing ↗machine: span 549351–549361
75Advanced Micro Devices, Section 10b CEO totalDEF 14A2026-03-270001193125-26-129057CEO total compensation as printed in Advanced Micro Devices's own proxy. As printed: 55,161,779. Filing ↗machine: t283 · r6 · c31 · span 888633–888643
76Cisco, Section 10b CEO totalDEF 14A2025-10-280000858877-25-000150CEO total compensation as printed in Cisco's own proxy. As printed: 52,838,751. Filing ↗machine: r2 · c33 · span 1073719–1073729
77Adobe, Section 10b CEO totalDEF 14A2026-02-270000796343-26-000043CEO total compensation as printed in Adobe's own proxy. As printed: 51,173,935. Filing ↗machine: r3 · c51 · span 923759–923769
78Salesforce, Section 10b CEO totalDEF 14A2026-04-160001108524-26-000085CEO total compensation as printed in Salesforce's own proxy. As printed: 49,379,252. Filing ↗machine: r4 · c24 · span 1710833–1710843
79IBM, Section 10b CEO totalDEF 14A2026-03-100000051143-26-000025CEO total compensation as printed in IBM's own proxy. As printed: 37,989,685. Filing ↗machine: r11 · c51 · span 1119293–1119303
80ELI LILLY & Co (subject), Section 10b CEO totalDEF 14A2026-03-200000059478-26-000029CEO total compensation as printed in ELI LILLY & Co's own proxy. As printed: 36,698,337. Filing ↗machine: t92 · r2 · c20 · span 925013–925024
81NVIDIA, Section 10b CEO totalDEF 14A2026-05-120001045810-26-000036CEO total compensation as printed in NVIDIA's own proxy. As printed: 36,343,830. Filing ↗machine: span 967967–967977
82Nike, Section 10b CEO totalDEF 14A2026-07-150000320187-26-000089CEO total compensation as printed in Nike's own proxy. As printed: 36,340,876. Filing ↗machine: r2 · c24 · span 647557–647567
83Johnson & Johnson, Section 10b CEO totalDEF 14A2026-03-110000200406-26-000063CEO total compensation as printed in Johnson & Johnson's own proxy. As printed: 32,758,111. Filing ↗machine: r3 · c27 · span 1621235–1621246
84AbbVie, Section 10b CEO totalDEF 14A2026-03-230001104659-26-033387CEO total compensation as printed in AbbVie's own proxy. As printed: 32,530,984. Filing ↗
85Coca-Cola, Section 10b CEO totalDEF 14A2026-03-160001104659-26-028215CEO total compensation as printed in Coca-Cola's own proxy. As printed: 31,208,165. Filing ↗machine: t286 · r11 · c26 · span 3291227–3291237
86Micron, Section 10b CEO totalDEF 14A2025-11-250000723125-25-000038CEO total compensation as printed in Micron's own proxy. As printed: 30,940,146. Filing ↗machine: span 883624–883634
87Qualcomm, Section 10b CEO totalDEF 14A2026-01-220001104659-26-005781CEO total compensation as printed in Qualcomm's own proxy. As printed: 29,701,097. Filing ↗machine: r1 · c36 · span 1336468–1336478
88Gilead Sciences, Section 10b CEO totalDEF 14A2026-03-200001308179-26-000106CEO total compensation as printed in Gilead Sciences's own proxy. As printed: 28,437,198. Filing ↗machine: t414 · r1 · c29 · span 989582–989592
89Pfizer, Section 10b CEO totalDEF 14A2026-03-120000078003-26-000033CEO total compensation as printed in Pfizer's own proxy. As printed: 27,585,301. Filing ↗machine: t242 · r3 · c12 · span 1506825–1506835
90Amgen, Section 10b CEO totalDEF 14A2026-04-070001193125-26-145588CEO total compensation as printed in Amgen's own proxy. As printed: 24,693,120. Filing ↗machine: span 1591156–1591166
91Abbott Laboratories, Section 10b CEO totalDEF 14A2026-03-130001308179-26-000064CEO total compensation as printed in Abbott Laboratories's own proxy. As printed: 24,198,660. Filing ↗machine: span 1245488–1245498
92Medtronic, Section 10b CEO totalDEF 14A2026-08-170001613103-26-000010CEO total compensation as printed in Medtronic's own proxy. As printed: 22,940,252. Filing ↗machine: span 988220–988230
93Bristol-Myers Squibb, Section 10b CEO totalDEF 14A2026-03-250000014272-26-000006CEO total compensation as printed in Bristol-Myers Squibb's own proxy. As printed: 21,879,919. Filing ↗machine: t168 · r3 · c15 · span 1302160–1302170
94Stryker, Section 10b CEO totalDEF 14A2026-03-230000310764-26-000013CEO total compensation as printed in Stryker's own proxy. As printed: 21,401,495. Filing ↗machine: t101 · r2 · c7 · span 1584979–1584989
95Merck, Section 10b CEO totalDEF 14A2026-04-080001193125-26-147704CEO total compensation as printed in Merck's own proxy. As printed: 20,797,845. Filing ↗machine: span 1371012–1371022
96McDonald's, Section 10b CEO totalDEF 14A2026-04-070001193125-26-145548CEO total compensation as printed in McDonald's's own proxy. As printed: 20,574,525. Filing ↗machine: r4 · c25 · span 2683025–2683035
97Honeywell, Section 10b CEO totalDEF 14A2026-04-100000773840-26-000029CEO total compensation as printed in Honeywell's own proxy. As printed: 20,381,435. Filing ↗machine: span 2093429–2093439
98Section 10a, AbbVie reciprocityDEF 14A—0001104659-26-033387AbbVie names ELI LILLY & Co in its own disclosed peer group (read from its most recent proxy). Filing ↗
99Section 10a, Amgen reciprocityDEF 14A—0001193125-26-145588Amgen names ELI LILLY & Co in its own disclosed peer group (read from its most recent proxy). Filing ↗
100Section 10a, Bristol-Myers Squibb reciprocityDEF 14A—0000014272-26-000006Bristol-Myers Squibb names ELI LILLY & Co in its own disclosed peer group (read from its most recent proxy). Filing ↗
101Section 10a, Gilead Sciences reciprocityDEF 14A—0001308179-26-000106Gilead Sciences names ELI LILLY & Co in its own disclosed peer group (read from its most recent proxy). Filing ↗
102Section 10a, Merck reciprocityDEF 14A—0001193125-26-147704Merck names ELI LILLY & Co in its own disclosed peer group (read from its most recent proxy). Filing ↗
103Section 10a, Pfizer reciprocityDEF 14A—0000078003-26-000033Pfizer names ELI LILLY & Co in its own disclosed peer group (read from its most recent proxy). Filing ↗
104Section 10a, Stryker reciprocityDEF 14A—0000310764-26-000013Stryker names ELI LILLY & Co in its own disclosed peer group (read from its most recent proxy). Filing ↗
105Section 10a, Apple reciprocityDEF 14A—0001308179-26-000008Apple's most recent proxy was read; its disclosed peer group does not include ELI LILLY & Co. Filing ↗
106Section 10a, Broadcom reciprocityDEF 14A—0001193125-26-085691Broadcom's most recent proxy was read; its disclosed peer group does not include ELI LILLY & Co. Filing ↗
107Section 10a, Coca-Cola reciprocityDEF 14A—0001104659-26-028215Coca-Cola's most recent proxy was read; its disclosed peer group does not include ELI LILLY & Co. Filing ↗
108Section 10a, Honeywell reciprocityDEF 14A—0000773840-26-000029Honeywell's most recent proxy was read; its disclosed peer group does not include ELI LILLY & Co. Filing ↗
109Section 10a, Intel reciprocityDEF 14A—0000050863-26-000066Intel's most recent proxy was read; its disclosed peer group does not include ELI LILLY & Co. Filing ↗
110Section 10a, Cisco reciprocityDEF 14A—0000858877-25-000150Cisco's most recent proxy was read; its disclosed peer group does not include ELI LILLY & Co. Filing ↗
111Section 10a, IBM reciprocityDEF 14A—0000051143-26-000025IBM's most recent proxy was read; its disclosed peer group does not include ELI LILLY & Co. Filing ↗
112Section 10a, NVIDIA reciprocityDEF 14A—0001045810-26-000036NVIDIA's most recent proxy was read; its disclosed peer group does not include ELI LILLY & Co. Filing ↗
113Section 10a, Nike reciprocityDEF 14A—0000320187-26-000089Nike's most recent proxy was read; its disclosed peer group does not include ELI LILLY & Co. Filing ↗
114Section 10a, Salesforce reciprocityDEF 14A—0001108524-26-000085Salesforce's most recent proxy was read; its disclosed peer group does not include ELI LILLY & Co. Filing ↗
115Section 10a, Johnson & Johnson reciprocityDEF 14A—0000200406-26-000063Johnson & Johnson names ELI LILLY & Co in its own disclosed peer group (read from its most recent proxy). Filing ↗
116Section 10a, Advanced Micro Devices reciprocityDEF 14A—0001193125-26-129057Advanced Micro Devices's most recent proxy was read; its disclosed peer group does not include ELI LILLY & Co. Filing ↗

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