Company: AX
Filing Date: 2025-09-25
Form Type: DEF 14A
Source: 0001299709-25-000174
Chunk: 87

Company: Axos Financial, Inc.
Filing Date: 2025-09-25
Form: DEF 14A
Chunk 87
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 corporation (the “Company”), on September 19, 2025. This Amendment will become effective upon approval by the Company’s stockholders at the Company’s 2025 annual meeting of stockholders.

WHEREAS, the Plan was adopted, upon receipt of approval by the Company’s stockholders, effective as of September 5, 2014 and was most recently amended and restated, upon receipt of approval by the Company’s stockholders, effective as of September 21, 2023.

WHEREAS, the Board desires to further amend the Plan, subject to approval of the Company’s stockholders, to increase the number of shares of Company common stock available for issuance thereunder and extend the term of the Plan; and

WHEREAS, if the Company’s stockholders fail to approve this Amendment, the existing Plan shall continue in full force and effect.

NOW, THEREFORE, the Plan is hereby amended as follows:

1. Article III is hereby deleted and replaced in its entirety with the following:

“The Plan was originally adopted by the Board on September 5, 2014 (the “ Effective Date ”) and approved by the Company’s stockholders on October 23, 2014. The Plan was subsequently amended and restated by the Board on September 6, 2019, August 31, 2021, and September 21, 2023, with each amendment and restatement receiving approval by the Company’s stockholders on October 24, 2019, October 21, 2021, and November 9, 2023, respectively. On September 19, 2025, the Board further amended the Plan through this Amendment, subject to approval by the Company’s stockholders.”

2. The first paragraph of Section 5.1 of the Plan is hereby deleted and replaced in its entirety with the following:

“The Committee may from time to time grant Awards to one or more Employees, Directors and/or Consultants determined by it to be eligible for participation in the Plan in accordance with the provisions of Article VI. Subject to the provisions of Section 15, below, the maximum aggregate number of Shares which may be issued pursuant to (i) all Awards may not exceed 7,780,000 Shares and (ii) the exercise of Incentive Stock Options may not exceed 7,780,000 Shares (subject in each case to adjustment in the same manner as provided in Article XV with respect to Shares subject to Awards then outstanding).”

3. The first sentence of Article XVI of