Company: AOSL
Filing Date: 2025-09-18
Form Type: DEF 14A
Source: 0001387467-25-000054
Chunk: 64

Company: ALPHA & OMEGA SEMICONDUCTOR Ltd
Filing Date: 2025-09-18
Form: DEF 14A
Chunk 64
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 read together with the Summary Compensation Table and the other compensation tables and related disclosures that follow.

Fiscal Year 2025 Business and Financial Highlights

The Company is a designer, developer, and global supplier of a broad range of discrete power devices, wide band gap power devices, power management ICs and modules, including a wide portfolio of Power MOSFET, SiC, IGBT, IPM, TVS, HV Gate Drivers, Power IC, and Digital Power products. The Company differentiates itself by integrating its expertise in technology, design and advanced manufacturing and packaging to optimize product performance and cost. Its portfolio of products targets high-volume applications, including personal computers, graphic cards, game consoles, home appliances, power tools, smart phones, battery packs, consumer and industrial motor controls and power supplies for computers, servers and telecommunications equipment.

During the fiscal year ended June 30, 2025, the Company achieved several important financial, business and operational milestones, including the following:

• Recorded annual revenue of $696.2 million, which represented a 5.9% year-over-year growth;

• Further strengthened our investment in R&D by developing over 100 new products and expanding our product portfolio, and progressed towards our objective of becoming a total power solution provider;

• Continued our focused growth strategy by solidifying our relationships with key Tier-1 customers and expanding our serviceable available markets, including additional design wins at Tier 1 customers that increased the percentage of our total revenues from Tier 1 customers;

• Executed a $150 million sale of approximately a half of our equity interest in CQJV, which will provide significant capital to continue investment in technology, R&D projects and acquisition of assets complimentary to our business operations, and to accelerate our efforts to develop and distribute innovative and diverse power semiconductor products to customers worldwide; and

• Developed and continued to develop new products addressing the advanced computing market by leveraging our strength in client computing.

In addition, during fiscal year 2025, Dr. Mike Chang resigned from his position as Executive Chairman of the Company effective March 3, 2025; Dr. Mike Chang continues to serve as a director and Chairman of the Board. Also on March 3, 2025, the Board appointed Dr. Mike Chang as Executive Vice President of Strategic Initiatives effectively immediately. In connection with the role change, and effective as of March 3, 2025, the Compensation Committee approved a modification to Dr. Mike Chang’s compensation arrangement as described in more detail in the section titled “Employment