Company: OSIS
Filing Date: 2025-10-22
Form Type: DEF 14A
Source: 0001104659-25-101517
Chunk: 27

Company: OSI SYSTEMS INC
Filing Date: 2025-10-22
Form: DEF 14A
Chunk 27
---
 is independent within the meaning of the rules and regulations of the SEC and the Listing Standards, as currently in effect. The Compensation Committee is responsible for establishing and approving all compensation for our Named Executive Officers, including base salaries, annual incentives, long-term

32 | OSI SYSTEMS, INC. 2025 Proxy Statement

TABLE OF CONTENTS Executive Compensation

equity incentive compensation, benefits and perquisites, and other compensation. The Compensation Committee may delegate certain of its responsibilities to a subcommittee, to individuals or to others. Compensation for each of our Named Executive Officers (other than our Chief Executive Officer) is recommended to the Compensation Committee by our Chief Executive Officer. Compensation for our Chief Executive Officer is established by the Compensation Committee on its own. The Compensation Committee has designed an executive compensation program that is focused on the attainment of consistent, long-term stockholder returns through:

| ​ | ​ | ​ | ​                                                                              | ​ | ​ | ​ | ​ | ​ | ​ | ​                                                                                                             | ​ |
|   | ​ | ​ | ▪                                                                              
 aligning executive incentives with both single-year and multi-year performance 
 ​                                                                              | ​ | ​ | ​ |   | ​ | ​ | ▪                                                                                                             
 attracting and retaining executives with capabilities to lead the Company to excel in a competitive landscape 
 ​                                                                                                             | ​ |

This structure is designed to emphasize pay for performance while simultaneously mitigating risk exposure. EXECUTIVE COMPENSATION PROGRAM ELEMENTS The particular elements of the compensation program for our Named Executive Officers consist of both fixed compensation and variable compensation. Consistent with our pay-for-performance philosophy, we structure our compensation program such that fixed compensation is a relatively small percentage of total compensation whereas variable compensation comprises a significant percentage of total compensation. The Compensation Committee takes risk into account when establishing the compensation program and believes that the current structure appropriately balances risk and the desire to focus executives on specific annual and long-term goals while not encouraging unnecessary or excessive risk taking. The following is an overview of the elements of our compensation and benefits programs for fiscal 2025:

| ​ | ​           | ​ | ​ | ​                                                                                                                                                            | ​ | ​ | PAY ELEMENT                                                                                                                                                                                                                                                                                                                                      | ​ | ​ | DESCRIPTION                                                                                                                                                                  | ​ |
| ​ | ◀ FIXED ▶   | ​ | ​ | Short-Term                                                                                                                                                   | ​ | ​ | BASE SALARY                                                                                                                                                                                                                                                                                                                                      | ​ | ​ | Fixed cash compensation set based on the duties and scope of responsibilities of each executive officer’s position and the experience the individual brings to the position.