BuzzFeed, Inc. Non-Employee Directors Compensation Policy (December 2022)

Contract Categories: Human Resources › Compensation Agreements
Summary

This policy outlines the compensation for non-employee directors of BuzzFeed, Inc. Board members receive an annual cash stipend and equity grants, with additional stipends and equity for serving on or chairing key committees (Audit, Compensation, Nomination and Governance). Compensation amounts vary depending on the role and committee, with higher payments for committee chairs. The policy specifies both initial and annual equity grant values. The policy is effective as of December 2022.

Read More Arrow
EX-10.26 4 bzfd-20221231xexx1026.htm EX-10.26 Document

BuzzFeed, Inc.
Non-Employee Directors Compensation Policy




Board Members (other than Committee Chairs)

●Board Stipend - $50k (per annum)

●Initial Equity Grant - $225k (value)

●Annual Equity Grant - $125k (value)

●Committee Stipends (per annum):
○Audit: $20k
○Compensation: $15k
○Nomination and Governance: $10k


Committee Chairs
●Board Stipend - $50k (per annum)

●Annual Stipends:
○Audit: $35k per annum
○Compensation: $25k per annum
○Nomination and Governance: $25k per annum

●Initial Equity Grants:
○Audit: $250k (value)
○Compensation: $225k (value)
○Nomination and Governance: $225k (value)

●Annual Equity Grants:
○Audit: $175k (value)
○Compensation: $125k (value)
○Nomination and Governance: $125k (value)









12/2022