Company: AX
Filing Date: 2025-09-25
Form Type: DEF 14A
Source: 0001299709-25-000174
Chunk: 49

Company: Axos Financial, Inc.
Filing Date: 2025-09-25
Form: DEF 14A
Chunk 49
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.64% over the past five fiscal years. Return on average common equity is dependent on a variety of factors, some of which are not directly linked to how compensation actually paid to the Company’s executive officers is determined for purposes of this disclosure, including the share price of the Company’s common stock during the applicable fiscal year.

For fiscal year 2025, the Company considers the following performance measures to be the most important performance measures to link CAP to the Company’s PEO to Company performance:

| Net income                      |     | Total return to stockholders |
| Return on average common equity |     | Market capitalization        |
| Average common equity           |     |                              |

For fiscal year 2025, the Company considers the following performance measures to be the most important performance measures to link CAP to the Company’s Non-PEO NEO to Company performance:

| Overall and relative performance of the Named Executive Officer  |
| Corporate performance, including return on average common equity |
| Peer bank Named Executive Officer compensation levels            |
| Business unit performance                                        |

| 56 |

#### Compensation Discussion & Analysis
Potential Payments Upon Termination or Change in Control

A change in control may be in the best interest of our common stockholders. We believe it is appropriate to align the compensation of the CEO and the CFO with the benefits of our stockholders. Since their long-term stock compensation is designed to be significant and such compensation vests in future years, we provide them with accelerated vesting of RSUs and cash compensation in certain situations where we believe a change in control of the Company and (or) terminating them is in the best interest of the common stockholders. Generally, such compensation is not significant to the CEO or the CFO if such termination is the result of material failures in the performance of their duties as generally described in their employment contracts.

This section discusses the incremental compensation that would be payable by the Company in the event of a change-in-control of the Company or a termination of employment of certain Named Executive Officers with the Company for various described reasons, sometimes referred to in this section as a “triggering event.” In accordance with applicable SEC rules the following discussion assumes that the triggering event in question – death, disability, change in control or termination – occurred on June 30, 2025. With respect to calculations based on the Company’s stock price, we used $76.04, which was the reported closing price of one share of the Company’s common stock on NYSE on June 30, 2025, the last trading day of