Alpha and Omega Semiconductor Limited 2025 Executive Incentive Cash Bonus Plan

Summary

Alpha and Omega Semiconductor Limited has established a 2025 Executive Incentive Cash Bonus Plan for its executive officers and vice presidents. Under this plan, participants may receive a cash bonus based on the company's achievement of specific revenue and non-GAAP earnings per share goals set by the compensation committee. Bonuses are only paid if minimum performance thresholds are met, with actual awards ranging from zero up to a maximum percentage of each executive's base salary, depending on results. The plan outlines target, minimum, and maximum bonus percentages for each executive role.

EX-10.1 2 ex1012025executiveinventiv.htm EX-10.1 Q3'25 Document

Exhibit 10.1

ALPHA AND OMEGA SEMICONDUCTOR LIMITED
CALENDAR YEAR 2025 EXECUTIVE INCENTIVE CASH BONUS PLAN

The following is a summary of the operation of the Executive Incentive Cash Bonus Plan (the “Plan”) established by Alpha and Omega Semiconductor Limited (the “Company”) for the calendar year commencing January 1, 2025.

Participants

Executive officers and Vice Presidents.

Performance Bonus

Participants are eligible to receive a cash bonus based on the level of attainment of pre-specified corporate performance goals. The Company’s compensation committee establishes the performance goals to be attained.

Performance Goals

The corporate performance goals for cash bonus for calendar year 2025 are revenue and non-GAAP earnings per share. The amount of bonus earned is based on the level of attainment of a range of revenue and non-GAAP earnings per share for the year. A specified minimum amount of each of the revenue and non-GAAP earnings per share goals must be achieved before payment of an award under the Plan. The actual aggregate amount of the award earned by an executive officer for the calendar year will range from $0 to the maximum amount established for that officer (as set forth below) depending on the level of attainment of the performance goals.

Target Bonus Awards

The Company’s compensation committee establishes the cash bonuses payable based on the level of attainment of the corporate performance goals. The target bonuses for each executive officer for calendar year 2025, as a percentage of base salary, are as follows:
Name
Title
Minimum Bonus
Target Bonus
Maximum Bonus
Stephan Chang
Chief Executive Officer
23%
100%
220%
Yifan Liang
Chief Financial Officer and Corporate Secretary
16%
70%
154%
Bing Xue
Executive Vice President of Worldwide Sales and Business Development
16%
70%
154%
Wenjun Li
Chief Operating Officer
16%
70%
154%
Mike Chang
Executive Vice President of Strategic Initiative
16%
70%
154%