Company: GSIT
Filing Date: 2025-07-17
Form Type: DEF 14A
Source: 0001104659-25-068655
Chunk: 50

Company: GSI TECHNOLOGY INC
Filing Date: 2025-07-17
Form: DEF 14A
Chunk 50
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 that were granted to the Reported NEOs and vested during the indicated fiscal year (of which there were none for 2023, 2024, or 2025). (f) Represents the average aggregate change in fair value, measured from the prior fiscal year-end to the vesting date, of each option award held by the Reported NEOs that was granted in a prior fiscal year and which vested during the indicated fiscal year, computed in accordance with FASB ASC Topic 718. (g) Represents the average aggregate fair value as of the last day of the prior fiscal year of the Reported NEOs’ option awards that were granted in a prior fiscal year and which failed to meet the applicable vesting conditions in the indicated fiscal year (of which there were none for 2023, 2024, or 2025). (5) Pursuant to Item 402(v) of Regulation S-K, this calculation assumes $100 was invested in our common stock on March 31, 2022, the last day of our fiscal year 2022, using the closing stock price at the end of that day. Historic stock price performance is not necessarily indicative of future stock price performance. (6) The dollar amounts represent the amount of net income (loss) attributable to GSI Technology as reflected in our audited financial statements for the applicable fiscal year. Relationship Between Pay and Performance We believe “Compensation Actually Paid” over fiscal 2023, 2024, and 2025 is reflective of our Compensation Committee’s emphasis on aligning pay and performance given “Compensation Actually

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TABLE OF CONTENTS Paid” increased from 2023 to 2024, and then declined from 2024 to 2025, in both cases largely driven by our stock price performance and the emphasis on the use of equity awards in our executive compensation program. The following charts illustrate the relationship between pay and performance, as calculated per Item 402(v) of Regulation S-K: Compensation Actually Paid vs. TSR 36 TABLE OF CONTENTS Compensation Actually Paid vs. Net Loss 37 TABLE OF CONTENTS RELATED PERSON TRANSACTIONS Procedures for Approval of Related Person Transactions Pursuant to our Code of Business Conduct and Ethics and the Audit Committee Charter, our executive officers, directors, and principal stockholders, including their immediate family members and affiliates, are prohibited from entering into a related party transaction with us without the prior consent of our Audit Committee which reviews and approves any related party transactions. We have entered into indemnification agreements with our officers