Company: COHU
Filing Date: 2025-04-02
Form Type: DEF 14A
Source: 0001437749-25-010672
Chunk: 5

Company: COHU INC
Filing Date: 2025-04-02
Form: DEF 14A
Chunk 5
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                 Yes |
| Publication of Annual Sustainability Report on Our Website                                        |                 Yes |
| Board Oversight of Cybersecurity Risks                                                            |                 Yes |

| (1) | During the period for which they were directors or committee members. |

Shareholder Outreach

The Company regularly engages with its shareholders primarily covering topics such as financial performance, strategy, and market assessment. Our shareholder engagements take place in a combination of forms, including investor conferences, dedicated in-person or virtual meetings and phone calls. Cohu management routinely reports to the Board and specific Board committees on the substance and nature of its shareholder discussions.

Increasingly, topics such as compensation matters, human capital management, corporate governance and other Environmental, Social and Governance (“ESG”) matters are addressed during shareholder engagements. Moreover, there are on-going efforts by the Nominating and Governance Committee to consider the appropriate mix of skills, competencies, backgrounds and perspectives on the Board.

In 2024, approximately 232 one-on-one meetings were held with shareholders and prospective shareholders, including 18 of the Company’s top 25 largest shareholders.

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Executive Compensation Highlights

| What We Do |

| Pay for Performance - Our executive compensation program is designed to pay for performance with 100% of the annual Short-Term Incentive (“STI”) program tied to Company financial, strategic and operational performance metrics, and 60% of the Long-Term Incentive (“LTI”) program tied to relative total stockholder return (“TSR”) performance. |
| Balance of Annual and Long-Term Incentives - Our incentive compensation programs provide a balance of annual and long-term incentives.                                                                                                                                                                                                               |
| Different Performance Metrics for Annual and Long-Term Incentive Programs - Our annual and long-term incentive compensation programs use different performance metrics.                                                                                                                                                                              |
| Absolute and Relative Performance Metrics - Our annual and long-term incentive compensation programs for executive officers include the use of absolute and relative performance metrics.                                                                                                                                                            |
| Three-Year Performance Period for Our Long-Term Incentive Program - Our current long-term incentive compensation program is designed to pay for performance over a period of three years.                                                                                                                                                            |
| Capped Amounts - Amounts that can be earned under the annual and long-term incentive compensation programs are capped.                                                                                                                                                                                                                               |
| Compensation Recoupment/Clawback Policy - We have a policy pursuant to which incentive compensation erroneously awarded to our executive officers is subject to recoupment under certain circumstances if our financial results are restated