Company: AX
Filing Date: 2025-09-25
Form Type: DEF 14A
Source: 0001299709-25-000174
Chunk: 27

Company: Axos Financial, Inc.
Filing Date: 2025-09-25
Form: DEF 14A
Chunk 27
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abrants’ awards from an employment agreement effective July 1, 2017 is recognized over a period of nine years based upon Monte Carlo calculated values amortized using the graded vesting method. Effective January 1, 2025, the CEO’s employment agreement renewed automatically for one year with the same long-term equity incentive for Mr. Garrabrants that is expensed over five years based upon Monte Carlo calculated values amortized using the graded vesting method. The expense for the awards of all other NEOs is amortized over the three-year vesting period following the grant.

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#### Compensation Discussion & Analysis

#### Compensation Practices
We follow sound compensation practices to support our guiding principles.

|                                                                                                                                                                                                      |     | What We Do |     |                                                                                                                                                                                                                          |     | What We Don’t Do |
| Pay For Performance – A significant percentage of direct compensation is based upon measurable performance goals.                                                                                    
 Risk Management – We prohibit short sales, transactions in derivatives of the Company’s securities, including various hedging type transactions, without prior approval.                             
 Performance-Based, Long-Term Equity – We emphasize long-term equity awards in our pay mix.                                                                                                           
 At-Will Employment – We employ our executive officers at will.                                                                                                                                       
 Responsible Use of Equity – We manage our equity award program responsibly, awarding only approximately 1.74% of weighted average shares outstanding (on a fully diluted basis) in fiscal year 2025. |     |            |     | Tax Gross Ups – We do not offer gross-ups of related excise taxes.                                                                                                                                                       
 Special Perquisites – We do not provide executive perquisites that are not available to other employees generally.                                                                                                       
 Re-Pricing or Repurchase of Underwater Equity Awards – Unless our stockholders approve, we do not permit the repricing or repurchase of underwater stock options or stock appreciation rights.                           
 Pension or Other Special Benefits – We do not provide pensions or supplemental executive retirement, deferred compensation, health, or insurance benefits.                                                               
 “Single Trigger” Severance Payments or equity vesting on Change In Control – Our employment agreements do not have “single-trigger” cash severance payments resulting solely from the occurrence of a change of control. |     |                  |

#### Equity Compensation Practices
To directly align the interests of our executives with the interests of the stockholders, our Board maintains Company common stock (“shares”) ownership guidelines, that require the CFO, the CEO and each executive vice president to maintain a minimum ownership interest in the Company. The current ownership guideline