Company: AEHR
Filing Date: 2025-09-10
Form Type: DEF 14A
Source: 0001654954-25-010620
Chunk: 2

Company: AEHR TEST SYSTEMS
Filing Date: 2025-09-10
Form: DEF 14A
Chunk 2
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ments or other delays thereof. We refer to this annual meeting, as it may be postponed, adjourned or delayed, as the Annual Meeting.

At the Annual Meeting, the shareholders will be asked:

| 1. | To elect six directors of the Company to hold office until the next annual meeting or the election of their successors.                                                                                            |
| 2. | To approve an amendment to the Company's 2023 Equity Incentive Plan to increase the number of shares of common stock reserved for issuance thereunder by an additional 2,500,000 shares of common stock.           |
| 3. | To approve an amendment to the Company's Amended and Restated 2006 Employee Stock Purchase Plan to increase the number of shares reserved for issuance thereunder by an additional 300,000 shares of common stock. |
| 4. | To ratify the selection of BPM LLP as the Company’s independent registered public accounting firm for the fiscal year ending May 29, 2026.                                                                         |
| 5. | To approve, on an advisory (non-binding) basis, the compensation of the Company’s named executive officers.                                                                                                        |
| 6. | To hold an advisory (non-binding) vote on the frequency of future advisory (non-binding) votes on the compensation of the Company’s named executive officers.                                                      |
| 7. | To transact such other business as may properly come before the Annual Meeting or any postponements or adjournments thereof.                                                                                       |

The Board has fixed the close of business on August 28, 2025 as the record date for the determination of the holders of common stock entitled to notice of and to vote at the Annual Meeting (the “Record Date”). Each such shareholder will be entitled to one vote for each share of common stock, or common share, held on all matters to come before the Annual Meeting and may vote in person or by proxy authorized in writing.

| 1 |

<div align='center'>THE ANNUAL MEETING</div>

Date, Time and Place

The Annual Meeting will be held on October 20, 2025 at 4:00 p.m., local time, at 400 Kato Terrace, Fremont, California 94539.

General

The Company’s principal office is located at 400 Kato Terrace, Fremont, California 94539 and its telephone number is (510) 623-9400.

Record Date and Shares Entitled to Vote

Shareholders of record at the close