Company: AOSL
Filing Date: 2025-09-18
Form Type: DEF 14A
Source: 0001387467-25-000054
Chunk: 107

Company: ALPHA & OMEGA SEMICONDUCTOR Ltd
Filing Date: 2025-09-18
Form: DEF 14A
Chunk 107
---
’s outstanding repurchase rights under the Plan and the repurchase price payable per share. The adjustments shall be made in such manner as the Plan Administrator deems appropriate and such adjustments shall be final, binding and conclusive. In addition, in the event of a Change in Control, the provisions of Section 2.7 shall apply.

(g) Awards may, in the sole discretion of the Plan Administrator, be granted under the Plan in assumption of, or in substitution for, outstanding awards previously granted by an entity directly or indirectly acquired by the Company or with which the Company combines (“Substitute Awards”). Substitute Awards shall not be counted against the share limit (nor shall Substitute Awards be added to the

<div align='center'>A - 3</div>

share limit as provided above); provided , that Substitute Awards issued in connection with the assumption of, or in substitution for, outstanding options intended to qualify as Incentive Options within the meaning of Section 422 of the Code shall be counted against the aggregate number of Common Shares available for Awards of Incentive Options under the Plan. Subject to applicable stock exchange requirements, available shares under a shareholder approved plan of an entity directly or indirectly acquired by the Company or with which the Company combines (as appropriately adjusted to reflect the acquisition or combination transaction) may be used for Awards under the Plan and shall not reduce (or be added back to) the number of Common Shares available for issuance under the Plan.

(h) Outstanding Awards granted pursuant to the Plan shall in no way affect the right of the Company to adjust, reclassify, reorganize or otherwise change its capital or business structure or to merge, consolidate, dissolve, liquidate or sell or transfer all or any part of its business or assets.

#### 1.6 MINIMUM VESTING
Notwithstanding any other provision of the Plan to the contrary, Awards granted under the Plan that are payable in Common Shares shall vest no earlier than the first anniversary of the date on which the Award was granted, provided that the foregoing minimum vesting requirement does not apply to:

(a) Awards with respect to a maximum of 5% of the number of Common Shares available for issuance under the Plan as of the 2025 Annual Shareholders Meeting, taking into account the 2025 Share Increase (subject to shareholder approval at the 2025 Annual Shareholders Meeting), subject to adjustment under Section 1.5(f);

(b) Substitute Awards;

(c) Common Shares delivered in lieu of fully vested cash-based obligations; and

(d) Awards granted to Non