GCT Semiconductor approves H2 2026 executive bonus plan; CFO salary raised to $330,383

GCT Semiconductor Holding, Inc.

On Sept 10, 2026, Compensation Committee approved a cash incentive bonus plan for H2 2026 based on revenue targets and individual KPI goals.
Each named executive officer (CEO John Schlaefer, CFO Edmond Cheng, SVP Alex Sum, CTO Jeongmin Kim) has a target bonus of 25% of base salary at 100% performance.
CFO Edmond Cheng's annual base salary increases from $304,500 to $330,383, effective Oct 1, 2026.
Bonus payout weighting and formula details deferred to the Plan, to be filed with Q3 2026 Form 10-Q.
No changes to officer roles or departures; arrangement is routine compensatory action.

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