Company: AX
Filing Date: 2025-09-25
Form Type: DEF 14A
Source: 0001299709-25-000174
Chunk: 55

Company: Axos Financial, Inc.
Filing Date: 2025-09-25
Form: DEF 14A
Chunk 55
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(3) The value of RSU vesting includes the estimated RSUs from the January 1, 2025 award.

(4) Mr. Garrabrants’ employment agreement provides that if any Company payments made upon termination after a change-in-control of the Company constitutes a “parachute payment” under Section 280G of the Internal Revenue Code, the Company would not make a gross-up payment to Mr. Garrabrants. The Company is required to adjust the parachute payment downward, if such a decrease will increase the net after-tax payment to Mr. Garrabrants. No such adjustment downward has been made in the numbers above.

(5) The Company provides life insurance covering one year of base salary, capped at $300,000.

| 60 |

#### Compensation Discussion & Analysis

#### David Park – President, Head of Commercial Bank
| Type of Benefit                                                      |     | A          
 Death(1)or 
 Disability |     |   |           |     | B           
 Termination 
 before a    
 Change-     
 in-Control  
 by Company  
 without     
 Cause       |     |   |           |     | C          
 Upon a     
 Change-in- 
 Control    |     |   |           |     | Termination After      
 Change-in-Control      
 D                      
 Termination by Company 
 for Any Reason or      
 by Executive with      
 Good Reason            |     |   |           |     | E            
 Termination  
 by Executive 
 without Good 
 Reason       |     |   |           |
|:---------------------------------------------------------------------|:----|:-----------|:----|:--|----------:|:----|:------------|:----|:--|----------:|:----|:-----------|:----|:--|----------:|:----|:-----------------------|:----|:--|----------:|:----|:-------------|:----|:--|----------:|
| Cash Severance                                                       |     |            |     | $ |         — |     |             |     | $ |         — |     |            |     | $ |         — |     |                        |     | $ |         — |     |              |     | $ |         — |
| RSU Vesting                                                          |     |            |     |   | 2,316,026 |     |             |     |   | 2,316,026 |     |            |     |   | 2,316,026 |     |                        |     |   |         — |