K&S replaces Net Income/Operating Margin with Operating Profit/Gross Margin in FY2027 incentive plan

KULICKE & SOFFA INDUSTRIES INC

MDCC approved amended and restated Incentive Compensation Plan on Oct 13, 2026, effective fiscal 2027 (Oct 4, 2026); prior Net Income and Operating Margin measures dropped.
Corporate funding now 50/50 Operating Profit and Gross Margin; funding scales range 0%-200% of target with interpolation between threshold, target and maximum.
If only one of the two thresholds is achieved, funding is capped at 50% of the plan; if neither threshold is achieved, the plan does not fund and there is no payout.
FY2027 ELT awards are 85% corporate financial performance and 15% individual strategic goals; ELT awards were previously based solely on corporate performance.
BU scorecards may be tailored by CEO/CFO/GM committee to each unit's growth phase; awards are cash-paid and subject to the Company's Clawback Policy.

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