Company: AMTX
Filing Date: 2025-04-02
Form Type: DEF 14A
Source: 0001437749-25-010522
Chunk: 36

Company: AEMETIS, INC
Filing Date: 2025-04-02
Form: DEF 14A
Chunk 36
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 1.39% |     |     1.25% – 4.27% |     |     3.36% - 4.81% |     |       3.63 - 4.68 |
| Volatility            | 114.20% – 132.92% |     | 116.50% – 129.33% |     | 118.74% - 122.52% |     | 113.32% - 119.97% |
| Dividend Yield        |                0% |     |                0% |     |                0% |     |                0% |

22

Pay Versus Performance Relationship

The following charts show the relationship between the amounts included in the Pay versus Performance Table for each year from 2021 to 2024, including a comparison of Compensation Actually Paid to the CEO and the average Compensation Actually Paid to our non-CEO NEOs, and each of the two performance measures set forth the Pay versus Performance Table.

23

<div align='center'>POTENTIAL PAYMENTS UPON TERMINATION OR CHANGE IN CONTROL</div>

As discussed above, we have entered into employment agreements with each of our Named Executive Officers that provide for certain payments upon a qualifying termination of employment, which is defined to mean a termination of employment (1) by the Company other than for “cause” or by the Named Executive Officer as a result of a “constructive termination” (as such terms are defined the applicable employment agreement) or (2) due to the Named Executive Officer’s death or “total disability” (as defined in the applicable employment agreement). The following table quantifies the estimated payments and benefits that would be provided to each named executive officer upon the occurrence of the indicated event, assuming that the event occurred on the date of this proxy, pursuant to those arrangements described above in detail under the heading “Employment Contracts and Termination of Employment and Change-In-Control Arrangements.” The values for accelerated vesting of stock options are based on the difference between the average market price of our common stock during the sixty day period preceding this Proxy and the exercise price of unvested options for those options with an exercise price below the market price. Actual payments made at any future date would vary, including based on the amount the named executive officer would have accrued under the applicable benefit or compensation plan as well as based on the price of our common stock.

| Name               |     | Benefit Category    |