Company: AOSL
Filing Date: 2025-09-18
Form Type: DEF 14A
Source: 0001387467-25-000054
Chunk: 67

Company: ALPHA & OMEGA SEMICONDUCTOR Ltd
Filing Date: 2025-09-18
Form: DEF 14A
Chunk 67
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 in the calendar year. As part of that review process, the Compensation Committee reviews and may adjust the base salaries of our named executive officers, establishes the cash bonus plan for the year and determines the cash bonuses payable to our named executive officers for the preceding year based on achievement of the pre-specified performance goals for that prior year and grants equity awards to our named executive officers.

In setting executive compensation, the Compensation Committee takes into account a number of factors, including the nature and scope of the named executive officer’s responsibilities, his or her individual performance level and contribution to the achievement of our corporate objectives, the experience level of the executive, the recommendations from its compensation consultant, the recommendations from our Chief Executive Officer for each executive’s compensation package (other than his own), the results of the last “say on pay” vote and the compensation trends in the industry.

Role of Compensation Consultant

The Compensation Committee retained Compensia to advise the committee on the compensation for executive officers and other senior officers for fiscal year 2025 and to develop a peer group that represents companies that are comparable in business and/or size to the Company and with which the Company competes for talent. Compensia recommended a revised peer group for fiscal year 2025 as compared to its fiscal year 2024 peer group. Based on such recommendation, the Compensation Committee approved the peer group set forth below. The peer group was used primarily in connection with a review of competitive compensation for our Chief Executive Officer and Chief Financial Officer.

| Ambarella            |     | Impinj                      |     | Power Integrations  |
| Cohu                 |     | Lattice Semiconductor       |     | Semtech             |
| Diodes               |     | M/A-COM Technology Solution |     | Synaptics           |
| Form Factor          |     | Maxlinear Systems           |     | Wolfspeed           |
| Ichor Holdings, Ltd. |     | Penguin Solutions           |     | Indie Semiconductor |

In February 2025, Compensia provided the Compensation Committee with compensation data based on the peer group companies for our Chief Executive Officer and our Chief Financial Officer. With respect to all officers, Compensia provided Radford survey data for public companies with revenues in the range of $200 million to $1.5 billion supplemented by data from its own database. Compensia also provided an analysis with respect to market positioning and the cost to bring the compensation of our named executive officers to various levels of market.

Our Compensation Committee reviewed and considered the 2025 Compensia