Company: HLI
Filing Date: 2025-07-25
Form Type: DEF 14A
Source: 0001302215-25-000084
Chunk: 28

Company: HOULIHAN LOKEY, INC.
Filing Date: 2025-07-25
Form: DEF 14A
Chunk 28
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 second and third anniversaries of the applicable grant date, subject to such outside director’s continued service. In addition, a new director award will vest in full upon a termination of service due to the outside director’s death or disability.

The board of directors has adopted an Independent Director Stock Ownership Policy, pursuant to which each outside director is required to acquire and maintain beneficial ownership of a number of shares of the Company’s common stock with a value equal to four times the annual cash compensation paid for service on the board of directors. While there is no specific time period within which an outside director must achieve this level of ownership, it is anticipated that such threshold will be met, assuming the HLI stock price remains relatively stable, on or about the fourth anniversary of the director’s commencement of service on the board of directors. Each director is in compliance with this policy.

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The following table provides additional detail regarding the compensation paid to our outside directors during fiscal 2025:

| Fiscal 2025 Outside Director Compensation |     |                                 |         |     |                     |         |     |           |         |
| Name(1)                                   |     | Fees Earned or Paid in Cash ($) |         |     | Stock Awards ($)(2) |         |     | Total ($) |         |
| Robert A. Schriesheim                     |     |                                 | 100,000 |     |                     | 148,695 |     |           | 248,695 |
| Jacqueline B. Kosecoff                    |     |                                 | 100,000 |     |                     |  99,085 |     |           | 199,085 |
| Paul A. Zuber                             |     |                                 | 100,000 |     |                     |  99,085 |     |           | 199,085 |
| Gillian B. Zucker                         |     |                                 | 100,000 |     |                     | 128,851 |     |           | 228,851 |
| Ekpedeme M. Bassey                        |     |                                 | 100,000 |     |                     |  99,085 |     |           | 199,085 |
| Cyrus D. Walker                           |     |                                 | 100,000 |     |                     | 128,851 |     |           | 228,851 |

(1) Messrs. Adelson, Beiser, Carter, Gold, Siegert, and Preiser (directors during all or part of fiscal 202