Alpha & Omega Semiconductor Ltd.

03/09/2026 | Press release | Distributed by Public on 03/09/2026 14:01

Management Change/Compensation (Form 8-K)

Item 5.02 Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers; Compensatory Arrangements of Certain Officers.
On March 5, 2026, the Compensation Committee of the Board of Directors of Alpha and Omega Semiconductor Limited (the "Company") approved an incentive cash bonus plan (the "Plan") for the 2026 calendar year, pursuant to which executive officers of the Company will receive an incentive award based on the level of attainment of specified Company performance goals. The aggregate amount of the award will be determined based on the level of attainment of a range of adjusted earnings per share and revenue for the year. A specified minimum amount of each such criteria must be achieved before payment of an award under the Plan. The actual aggregate amount of the award earned by an executive officer for the 2026 calendar year will range from $0 to the maximum amount established for that officer depending on the level of attainment of the performance goals.
Assuming the minimum performance goals as described above have been achieved, the minimum, target and maximum bonus payable to each named executive officer of the Company (as a percentage of base salary) are as follows:
Name
Title
Minimum Bonus
Target Bonus
Maximum Bonus
Stephen Chang
Chief Executive Officer
23%
100%
220%
Yifan Liang
Chief Financial Officer and Corporate Secretary
16%
70%
154%
Bing Xue
Executive Vice President of Worldwide Sales and Business Development
16%
70%
154%
Wenjun Li
Chief Operating Officer
16%
70%
154%
The description of the Plan above is only a summary and qualified in its entirety by the Plan, a copy of which will be filed as an exhibit to the Company's Quarterly Report on Form 10-Q for the quarterly period ending March 31, 2026 to be filed with the Securities and Exchange Commission.
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