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Compensation Recoupment Policy

Our Compensation Recoupment Policy consists of the following:

  1. Our Board is authorized to recoup compensation paid to an executive officer in the event of a material restatement of our financial results. Click here for the policy.

  2. Our Board is authorized to recoup compensation paid to certain senior executives in the event of significant misconduct resulting in a violation of a significant company policy, law, or regulation relating to manufacturing, sales or marketing of products that causes material harm to J&J. Click here for the policy.

  3. Under our Corporate Integrity Agreement, our Board is authorized to recoup compensation paid to certain senior executives of J&J and J&J Pharmaceutical Affiliates in the event of significant violation of a J&J or J&J Pharmaceutical Affiliate policy or regulation or law relating to the manufacturing, sales or marketing of U.S. pharmaceutical products. Click here for the policy.