Company: OSIS
Filing Date: 2025-10-22
Form Type: DEF 14A
Source: 0001104659-25-101517
Chunk: 24

Company: OSI SYSTEMS INC
Filing Date: 2025-10-22
Form: DEF 14A
Chunk 24
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 our independent directors. Prohibited hedging and pledging of our stock by executive officers and directors. As of the date of the Proxy Statement, no shares of our stock are pledged by any Named Executive Officer or director. Adopted a robust clawback policy consistent with SEC requirements and the Listing Standards that provides that if an accounting restatement is required due to material non-compliance with any financial reporting requirements, then we will seek to recover any incentive-based compensation received by any of our current or former executive officers over the prior three completed fiscal years preceding the date that the restatement is required to the extent such compensation exceeds the amount of incentive-based compensation that would have been paid based on the restated financial reporting measure, regardless of whether or not the current or former executive officer was at fault in the circumstances leading to the restatement. We have also included clawback provisions in each Named Executive Officer’s employment agreement. Established rigorous Company stock ownership guidelines requiring each executive officer to own Company stock valued at least at five times his annual base salary. These guidelines align the executives’ long-term interests with those of our stockholders. In addition, prior to attaining the 5X share ownership guideline, each executive is required to retain at least 50% of the shares acquired upon exercise of options or vesting of RSU awards, net of amounts required to pay taxes and exercise price. For purposes of meeting the ownership requirements, unvested RSUs are counted, but unearned performance awards and unexercised stock options are not. 4. Communications with Stockholders We maintain open lines of communication with our stockholders, and our annual cash incentive and long-term incentive programs reflect the stockholder input we received. Our Compensation Committee takes very seriously stockholder feedback with respect to executive compensation. At our 2024 annual meeting, approximately 64% of the votes cast on the advisory vote on the compensation of our Named Executive Officers were in favor of our executive compensation. We believe this vote was highly influenced by the inflated Total Compensation figure awarded to our prior CEO, Mr. Chopra, in 202 4 , which included a $13.5 million stay bonus. Given the majority level of support of our OSI SYSTEMS, INC. 2025 Proxy Statement | 25

TABLE OF CONTENTS Proposal 3—Advisory Vote to Approve the Compensation of Our Named Executive Officers

stockholders of our compensation program notwithstanding this outlier compensation figure, our Compensation Committee determined to continue to apply the same approach with respect to compensation policies and decisions for