MRKNYSESEC EDGAREDGAR

Merck & Co., Inc.

Pharmaceutical Preparations·RAHWAY, NJ·FY end 12/31·CIK 310158

Named Executive Officers

FY 2025
ExecutiveSalaryStockOptionsBonus / Inc.OtherTotal
Robert M. DavisChairman, Chief Executive Officer and President
$1.6M$12.1M$3.4M$2.3M$1.3M$20.8M
Caroline LitchfieldExecutive Vice President and Chief Financial Officer
$1.2M$1.0M$1.1M$4.1M$7.6M
Dean LiM.D., Ph.D. Executive Vice President and President, Merck Research Laboratories
$1.5M$1.2M$1.4M$4.7M$9.1M
Jennifer ZacharyExecutive Vice President and General Counsel
$1.1M$750.0K$995.7K$2.9M$6.0M
Sanat ChattopadhyayExecutive Vice President and President, Merck Manufacturing Division
$982.2K$660.0K$920.7K$2.7M$5.6M

CEO pay mix

Robert M. Davis · FY 2025
Total$20.8M
Stock awards$12.1M58%
Performance bonus$2.3M11%
Salary$1.6M8%
Other$4.7M23%

Performance vs. pay

TSR % vs. CEO comp actually paid · 5 fiscal years · Item 402(v) disclosure
FY
TSR
CEO comp
FY21
+2%
$14M
FY22
+52%
$52M
FY23
+54%
$27M
FY24
+44%
$15M
FY25
+58%
$16M

CEO comp · median worker · ratio — multi-year trend

Need at least two fiscal years of proxy data to draw the trend line. The ingestion worker will populate prior-year proxies as it processes them.