Company: SNWV
Filing Date: 2025-07-10
Form Type: DEF 14A
Source: 0001140361-25-025486
Chunk: 37

Company: SANUWAVE Health, Inc.
Filing Date: 2025-07-10
Form: DEF 14A
Chunk 37
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 compensation paid to our named executive officers more or less frequently than the option preferred by our stockholders. THE BOARD OF DIRECTORS RECOMMENDS THAT STOCKHOLDERS VOTE TO HOLD FUTURE VOTES ON THE COMPENSATION PAID TO OUR NAMED EXECUTIVE OFFICERS AT A FREQUENCY OF EVERY “1 YEAR.” 24

TABLE OF CONTENTS

EXECUTIVE COMPENSATION This section discusses the material components of the executive compensation program offered to our executives, and in particular to the named executive officers (the “NEOs”) for 2024, who were:

| • | Morgan Frank, Chief Executive Officer; |

| • | Nanci Gilmore, former Chief Commercial Officer; and |

| • | Andrew Walko, President. |

On May 30, 2025, Ms. Gilmore was terminated without cause, effective as of the same date. Summary Compensation Table The following table provides certain information concerning compensation earned for services rendered in all capacities by our NEOs during the fiscal years ended December 31, 2024, and 2023.

| Name and Position                              |      |     | Year |         |     |  Salary |   |     | Bonus(1) |   |     |     Option 
  Awards(2) |         |     |       All other 
 compensation(3) |         |     |      Total |
| Morgan Frank, Chief Executive Officer          |      |     | 2024 |         |     |      $4 |   |     |       $— |   |     | $1,383,842 |         |     |              $— |         |     | $1,383,846 |
|                                                | 2023 |     |      |       1 |     |         | — |     |          | — |     |            | 100,000 |     |                 | 100,001 |     |            |
| Andrew Walko, President                        |      |     | 2024 |         |     | 230,000 |   |     |        — |   |     |    909,230 |         |     |               — |         |     |  1,139,230 |
|                                                | 2023 |     |      |  95,833 |     |         | — |     |          | — |     |            |       — |     |                 |  95,833 |     |            |
| Nanci Gil