X0306 4 2021-02-11 0 0001793294 PPD, Inc. PPD 0001399883 Sharbaugh William J C/O PPD, INC., 929 NORTH FRONT STREET WILMINGTON NC 28401 0 1 0 0 Chief Operating Officer Stock Options (Right to Buy) 10.59 2021-02-11 4 A 0 102341 0.00 A 2027-05-11 Common Stock 102341 456544 D Stock Options (Right to Buy) 37.22 2021-02-11 4 A 0 48408 0.00 A 2031-02-11 Common Stock 48408 48408 D Represents previously awarded stock options vesting upon the achievement of certain EBITDA vesting conditions for fiscal 2020, which were determined to be earned subject to the receipt by the Issuer of the completed audit of its fiscal 2020 financial statements. Represents 190,725 vested stock options and 265,819 unvested stock options which are eligible to vest upon the achievement of certain return on capital or rate of return conditions three years after the initial public offering of the Issuer or earlier, upon certain sales by significant stockholders. Does not include an additional 93,038 stock options with an exercise price of $10.59 which are eligible to vest upon the achievement of certain EBITDA-based vesting conditions for fiscal year 2021. These options to purchase common stock vest in four equal annual installments beginning on the first anniversary of the grant date. /s/ Richard Whitlow, as Attorney-in-Fact 2021-02-16