Company: OSIS
Filing Date: 2025-10-22
Form Type: DEF 14A
Source: 0001104659-25-101517
Chunk: 28

Company: OSI SYSTEMS INC
Filing Date: 2025-10-22
Form: DEF 14A
Chunk 28
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| ​ | ◀ AT-RISK ▶ | ​ | ​ | ANNUAL INCENTIVES                                                                                                                                            | ​ | ​ | Cash-based annual incentives that are determined formulaically for our corporate Named Executive Officers.                                                                                                                                                                                                                                       | ​ |   |                                                                                                                                                                              |   |
| ​ | Long-Term   | ​ | ​ | LONG-TERM INCENTIVES                                                                                                                                         | ​ | ​ | The fiscal 2025 program with respect to the Named Executive Officers, with the exception of one retiring officer, consisted of performance based RSUs, which are earned based on the achievement of pre-established revenue and operating income metrics for each of the three years following grant, as well as an aggregate three-year metric. | ​ |   |                                                                                                                                                                              |   |
| ​ | ◀ OTHER ▶   | ​ | ​ | ​                                                                                                                                                            | ​ | ​ | BENEFITS                                                                                                                                                                                                                                                                                                                                         | ​ | ​ | Employee Stock Purchase Plan, medical, dental, and vision health insurance plans and life and long-term disability insurance.                                                | ​ |
| ​ | PERQUISITES | ​ | ​ | Company car for certain Named Executive Officers.                                                                                                            | ​ |   |                                                                                                                                                                                                                                                                                                                                                  |   |   |                                                                                                                                                                              |   |
| ​ | RETIREMENT  | ​ | ​ | 401(k) retirement plan, which includes a Company match.                                                                                                      
 Nonqualified deferred compensation plan that permits the deferral of salary and cash incentives at executive officers’ election and permits a Company match. 
 Nonqualified defined benefit plan, in which our CEO is the only participant.                                                                                 | ​ |   |                                                                                                                                                                                                                                                                                                                                                  |   |   |                                                                                                                                                                              |   |

In fiscal 2025, fixed compensation (relative to total direct compensation) comprised approximately 10% to 62% and variable compensation comprised approximately 38% to 90% of each Named Executive Officer’s total compensation. Average variable compensation for the Named Executive Officers represented 83% of total direct compensation (salary, cash incentives, and long-term incentives).

OSI SYSTEMS, INC. 2025 Proxy Statement | 33

TABLE OF CONTENTS Executive Compensation

Fixed Compensation Fixed compensation is intended to compensate our Named Executive Officers for their ongoing responsibilities and consists of base salary. Base salary is set to attract and retain executive talent. Base salaries for our Named Executive Officers are established at levels considered appropriate in light of the duties and scope of responsibilities of each executive officer’s position and the experience the individual brings to the position. Sal