Company: BKYI
Filing Date: 2025-06-27
Form Type: DEF 14A
Source: 0001437749-25-021438
Chunk: 1

Company: BIO KEY INTERNATIONAL INC
Filing Date: 2025-06-27
Form: DEF 14A
Chunk 1
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Friday, August 8, 2025</div>

To Our Stockholders:

The Annual Meeting of Stockholders of BIO-key International. Inc., a Delaware corporation (the “Company”), will be held on Friday, August 8, 2025, at 10:00 a.m., local time, at our offices at 101 Crawfords Corner Road, Suite 4116, Holmdel, NJ 07733:

| 1. | To elect five members of the board of directors to serve until the 2026 Annual Meeting of Stockholders and until their successors have been duly elected and qualified; |

| 3. | To approve, on an advisory basis, our executive compensation; |

| 4. | To approve an amendment to the BIO-key International, Inc. 2023 Stock Incentive Plan;             |
| 5. | To approve an amendment to the BIO-key International, Inc. 2021 Employee Stock Purchase Plan; and |

| 6. | To transact such other business as may properly come before the meeting or any continuation, adjournment or postponement thereof. |

All stockholders are invited to attend the meeting. Holders of record of the Company’s common stock at the close of business on June 20, 2025, are entitled to notice of, and to vote at, the meeting.

By Order of the Board of Directors

Michael W. DePasquale

Chairman of the Board of Directors

Holmdel, NJ
June 27, 2025

| WHETHER OR NOT YOU EXPECT TO ATTEND THE MEETING, PLEASE SUBMIT YOUR PROXY AS SOON AS POSSIBLE SO THAT YOUR SHARES WILL BE REPRESENTED AT THE MEETING. |

<div align='center'>TABLE OF CONTENTS</div>

| GENERAL INFORMATION ABOUT THE ANNUAL MEETING AND VOTING                                                                                                                     |  1 |
| PRINCIPAL STOCKHOLDERS                                                                                                                                                      |  4 |
| PROPOSAL 1: ELECTION OF DIRECTORS                                                                                                                                           |  6 |
| CORPORATE GOVERNANCE                                                                                                                                                        |  8 |
| CERTAIN RELATIONSHIPS AND TRANSACTIONS WITH RELATED PERSONS                                                                                                                 | 10 |
| EXECUTIVE COMPENSATION                                                                                                                                                      | 12 |
| DIRECTOR COMPENSATION                                                                                                                                                       | 19 |
| PROPOSAL 2: RATIFICATION OF THE SELECTION OF BUSH & ASSOCIATES CPA LLC AS THE COMPANY’S INDEPENDENT