Company: PED
Filing Date: 2025-07-11
Form Type: DEF 14A
Source: 0001654954-25-007979
Chunk: 45

Company: PEDEVCO CORP
Filing Date: 2025-07-11
Form: DEF 14A
Chunk 45
---
 column (c) represent the amount of “compensation actually paid” to Dr. Kukes, as computed in accordance with the Pay Versus Performance Rules. The dollar amounts do not reflect the actual amount of compensation earned by or paid to Dr. Kukes during the applicable year. In accordance with the requirements of the Pay Versus Performance Rules, the following adjustments were made to Dr. Kukes’ total compensation for each year to determine the compensation actually paid: |

| Year |     | ReportedSummaryCompensationTable Totalfor PEO |         |     | ReportedValue ofEquityAwards(A) |          |   |     | EquityAwardAdjustments(B) |         |     | CompensationActually Paidto PEO |         |
|:-----|:----|:----------------------------------------------|--------:|:----|:--------------------------------|:---------|:--|:----|:--------------------------|--------:|:----|:--------------------------------|--------:|
| 2024 |     | $                                             | 367,125 |     |                                 | (367,125 | ) |     |                           | 383,733 |     |                                 | 383,733 |
| 2023 |     | $                                             | 436,000 |     | $                               | (436,000 | ) |     | $                         | 181,000 |     | $                               | 181,000 |
| 2022 |     | $                                             | 468,000 |     | $                               | (468,000 | ) |     | $                         | 483,500 |     | $                               | 483,500 |

| (A) | The grant date fair value of equity awards represents the sum of the totals of the amounts reported in the “Stock Awards” and “Option Awards” columns in the Summary Executive Compensation Table for the applicable year. |

| 28 |

| (B) | The equity award adjustments for each applicable year include the addition (or subtraction, as applicable) of the following: (i) the year-end fair value of any equity awards granted in the applicable year that are outstanding and unvested as of the end of the year; (ii) the amount of change as of the end of the applicable year (from the end of the prior fiscal year) in fair value of any awards granted in prior years that are outstanding and unvested as of the end of the applicable year; (iii) for awards that are granted and vest in the same applicable year, the fair value