Company: OSIS
Filing Date: 2025-10-22
Form Type: DEF 14A
Source: 0001104659-25-101517
Chunk: 29

Company: OSI SYSTEMS INC
Filing Date: 2025-10-22
Form: DEF 14A
Chunk 29
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 ​ | ​ | ​ | ​        | ​ | 2%   | ​ | ​ |
| ​ | Paul Morben        | ​ | ​ | ​                          | ​ |   324,068 | ​ | ​ | ​ | ​                          | ​ | 330,302 | ​ | ​ | ​ | ​        | ​ | 2%   | ​ | ​ |

Variable Compensation Variable compensation provides our Named Executive Officers with the opportunity for substantial rewards for achieving successful performance and contributing toward sustainable and consistent stockholder returns and consists principally of annual incentive awards and long-term incentive compensation. Annual Incentive Awards For fiscal year 2025, all corporate Named Executive Officers (CEO, CFO and General Counsel) were eligible for an annual cash incentive pursuant to our annual incentive program. Annual incentives under this program are designed to focus our participating Named Executive Officers on annual operating achievement and near-term success. For 2025, the target and maximum annual incentives as a percentage of salary for the corporate NEOs were as follows:

34 | OSI SYSTEMS, INC. 2025 Proxy Statement

TABLE OF CONTENTS Executive Compensation

| ​ | ​             | ​ | ​ | TARGET INCENTIVE(AS A % OF BASE SALARY) |   |      |   | ​ | ​ | MAXIMUM INCENTIVE(AS A % OF BASE SALARY) |   |      |   | ​ |
| ​ | Ajay Mehra    | ​ | ​ | ​                                       | ​ | 100% | ​ | ​ | ​ | ​                                        | ​ | 200% | ​ | ​ |
| ​ | Deepak Chopra | ​ | ​ | ​                                       | ​ | 100% | ​ | ​ | ​ | ​                                        | ​ | 200% | ​ | ​ |
| ​ | Alan Edrick   | ​ | ​ | ​                                       | ​ | 100% | ​ | ​ | ​ | ​                                        | ​ | 150% | ​ | ​ |
| ​ | Victor S. Sze | ​ | ​ | ​                                       | ​ | 100% | ​ | ​ | ​ | ​                                        | ​ | 135% | ​ | ​ |

Annual incentives are calculated based on a formula tied to adjusted return on equity (“AROE”) metrics. After consideration of the strategic business plan, goals were increased from the prior fiscal year from a target performance goal of 23.35% AROE to a target performance goal of 24.35% AROE.