Company: DSWL
Filing Date: 2025-09-19
Form Type: 6-K
Source: 0002077096-25-000125
Chunk: 10

Company: DESWELL INDUSTRIES INC
Filing Date: 2025-09-19
Form: 6-K
Chunk 10
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 of British Columbia, Canada. Wing -Ki Hui.Mr. Hui,81, has been a non -executivedirector of the Company and member of the Audit Committee since October 2004. Since 1995 he has been the Operation Director of the Electronic Products Division of Tomorrow International Holdings Limited, a company listed on the Hong Kong Stock Exchange engaged in manufacturing of consumer electronics and printed circuit boards. Prior to serving in this capacity, Mr. Hui was Executive Director of Sharp Brave International Holdings Limited from 1991 to 1995 and Director of Sharp Brave Electronics Co., Ltd. from 1984 to 1995. Mr. Hui possesses over 20 years of experience in the electronic manufacturing industry, and is a graduate of South East Electronic College in Hong Kong. No family relationships exist among any of the named directors, executive officers or key employees. No arrangement or understanding exists between any director or officer and any other persons pursuant to which any director or executive officer was elected as a director or executive officer of the Company. 7 Compensation of Directors and Executive Officers The amount of compensation (cash benefits) paid by the Company and its subsidiaries to all directors and to executive officers as a group for services in all service capacities was approximately $2,078,000 during the year ended March 31, 2025. These amounts exclude amounts paid by the Company or its subsidiaries as dividends to directors and executive officers in their capacity as shareholders of the Company for the year ended March 31, 2025. No options under the Company’s 2003 Stock Option Plan (or otherwise) were granted to directors and officers for the year ended March 31, 2025. The Company adopted and approved a Compensation Recovery Policy on October 2, 2023, in compliance with applicable listing standards of NASDAQ’s Marketplace Rules and Rule 10D -1of the Securities Exchange Act of 1934 (the “Policy”). The Policy is administered by the Board of Directors and is applicable to the Company’s current and former executive officers. The Policy provides for the recovery of the amount of incentive -basedcompensation erroneously awarded to executive officers in the event the Company is required to prepare an accounting restatement due to the material noncompliance of the Company with any financial reporting requirement under United States federal securities laws. For a review of the full Policy, see Exhibit 97.1 of our Annual Report on Form 20 -Ffor the year ended March 31, 2025. Compensation Policy for Outside