Sono-Tek adopts incentive compensation clawback policy effective Oct 2, 2023

SONO TEK CORP

Policy adopted Nov 16, 2023, effective Oct 2, 2023, to comply with Nasdaq listing rules and SEC Rule 10D-1.
Mandates recovery of erroneously awarded incentive-based compensation from executive officers upon accounting restatement.
Applies to compensation received on or after Oct 2, 2023, during the prior three completed fiscal years.
Prohibits indemnification of executive officers for amounts recovered under the policy.
Administrator is the Compensation Committee, with discretion to determine recovery means.

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