Company: AAOI
Filing Date: 2025-04-18
Form Type: PRE 14A
Source: 0001104659-25-036344
Chunk: 36

Company: APPLIED OPTOELECTRONICS, INC.
Filing Date: 2025-04-18
Form: PRE 14A
Chunk 36
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 adjustments to base salaries on an annual basis as well as in the event of a promotion or significant change in responsibilities. The compensation committee considers several factors in determining base salaries, including individual performance, the Company’s financial performance, competitive market data, experience, and tenure. In the past, the compensation committee has referenced the competitive 50th percentile when evaluating market competitiveness. Over the past several years, the compensation committee has intentionally positioned base salary below the competitive 50th percentile to conserve cash spend and the operating expense. In 2024, the compensation committee approved base salary increases of 7% or 12% to account for strong financial performance and stockholder value creation. The changes positioned base salaries around or approaching the 50th percentile of the 2024 Peer Group, which the compensation committee viewed as appropriate based on performance.

| ​ | ​ | Named Executive Officer    | ​ | ​ | ​ | 2023 Base Salary |   |         |   | ​ | ​ | ​ | 2024 Base Salary |   |         |   | ​ | ​ | ​ | % Change |   |     |   | ​ | ​ |
|:--|:--|:---------------------------|:--|:--|:--|:-----------------|:--|--------:|:--|:--|:--|:--|:-----------------|:--|--------:|:--|:--|:--|:--|:---------|:--|:----|:--|:--|:--|
| ​ | ​ | Chih-Hsiang (Thompson) Lin | ​ | ​ | ​ | ​                | $ | 563,795 | ​ | ​ | ​ | ​ | ​                | $ | 631,450 | ​ | ​ | ​ | ​ | ​        | ​ | 12% | ​ | ​ | ​ |
| ​ | ​ | Stefan J. Murry            | ​ | ​ | ​ | ​                | $ | 378,847 | ​ | ​ | ​ | ​ | ​                | $ | 424,308 | ​ | ​ | ​ | ​ | ​        | ​ | 12% | ​ | ​ | ​ |
| ​ | ​ | Hung-Lun (Fred) Chang      | ​ | ​ | ​ | ​                | $ | 340,851 | ​ | ​ | ​ | ​ | ​                | $ | 381,753 | ​ | ​ | ​ | ​ |