0001193125-23-014256 Sample Contracts

MEREO BIOPHARMA GROUP PLC RESTRICTED STOCK UNIT AWARD AGREEMENT
Restricted Stock Unit Award Agreement • January 24th, 2023 • Mereo Biopharma Group PLC • Pharmaceutical preparations • England and Wales

Subject to the terms and conditions set forth in this grant letter (the “Grant Letter”) and its Exhibit A below (the Grant Letter and Exhibit A constituting this “Agreement”), Mereo BioPharma Group plc (the “Company”) has granted you (an employee of the Company) as of the Grant Date set forth below an Award of Restricted Stock Units (“RSUs”), whereby each RSU represents the conditional right to receive one ADS further to vesting. The RSUs are granted under and is subject to the Mereo BioPharma Group plc 2019 Equity Incentive Plan (the “Plan”). Unless defined in this Agreement, capitalized terms shall have the meanings assigned to them in the Plan. The provisions of the Plan shall prevail in the event of a conflict with this Agreement and any descriptive materials provided to you.

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MEREO BIOPHARMA GROUP PLC PERFORMANCE BASED RESTRICTED STOCK UNIT AGREEMENT
Stock Unit Agreement • January 24th, 2023 • Mereo Biopharma Group PLC • Pharmaceutical preparations • England and Wales

Subject to the terms and conditions set forth in this grant letter (the “Grant Letter”) and its Exhibit A below (the Grant Letter and Exhibit A constituting this “Agreement”), Mereo BioPharma Group plc (the “Company”) has granted you (an employee of the Company) as of the Grant Date set forth below an Award of performance based Restricted Stock Units (the “PSUs”), whereby each PSU represents the conditional right to receive one ADS further to vesting. The PSUs are granted under and is subject to the Mereo BioPharma Group plc 2019 Equity Incentive Plan (the “Plan”). Unless defined in this Agreement, capitalized terms shall have the meanings assigned to them in the Plan. The provisions of the Plan shall prevail in the event of a conflict with this Agreement and any descriptive materials provided to you.

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