Company: AX
Filing Date: 2025-09-25
Form Type: DEF 14A
Source: 0001299709-25-000174
Chunk: 14

Company: Axos Financial, Inc.
Filing Date: 2025-09-25
Form: DEF 14A
Chunk 14
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 non-employee directors’ interests with the long-term interests of our stockholders; and                                                                                 
 •Compensation should assist with attracting and retaining qualified non-employee directors.                                                                                                            |     | In addition to preparation for and attendance of Board and Committee meetings (107 total in fiscal year 2025), our non-employee directors are engaged in a variety of other ways, including: 
 •Receiving updates on significant developments; and                                                                                                                                          
 •Communicating and meeting with each other, senior management and regulators from time to time.                                                                                              |

|                                                                                                                                                                 |     | What We Do |     |                                                                                                                                    |     | What We Do Not Do |
| Emphasis on Equity Compensation:                                                                                                                                
 The majority of non-employee director compensation is in the form of equity-based awards (restricted stock units).                                              
 Equity Ownership Requirements:                                                                                                                                  
 All non-employee directors are required to own at least five times his or her annual cash retainer in Company common stock, with a five-year transition period. |     |            |     | Fees for attending meetings - attendance is expected and compensation is not dependent on Board meeting schedule.                  
 Undue focus on short-term stock performance - pay aligns with compensation philosophy, not short-term fluctuations in stock price. |     |                   |

The Company does not pay director compensation to directors who are also our employees. All non-employee directors of the Company also serve on the Board of Axos Bank. The non-employee directors receive no additional compensation related to such service.

The Compensation Committee monitors non-employee director pay to ensure consistency with best practices so that our non-employee directors are appropriately compensated for the extensive services they provide to the Company.

#### Role of the Compensation Consultant
The Compensation Committee’s independent compensation consultant is F.W. Cook. The approved scope of F.W. Cook’s work includes advising on CEO compensation and non-employee director compensation. Based on its review of relevant factors, the Compensation Committee assessed F.W. Cook’s independence and concluded that no conflict of interest existed that would have prevented F.W. Cook from independently advising the Compensation Committee. The independent compensation consultant reports directly to the Compensation Committee and takes instructions solely from the Compensation Committee.

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#### Compensation of Non-Employee Directors
In November 2024, the Board of Directors approved changing the timing and structure of the annual restricted stock unit ("RSU") grants to be made to our non-employee directors:

• Timing . In fiscal year 2025, upon the recommendation of the independent compensation consultant, the Board