Ambarella FY2023 bonus pool target up 20%; CEO base salary rises 2% to $561K

AMBARELLA INC

CEO Feng-Ming Wang bonus target 100% of $561K base salary; other execs 40-75% of base.
Aggregate FY2023 target bonus pool ~20% larger than FY2022 plan.
CEO annual base salary increased to $561,000 (+2%). Other NEO salaries also up 2%.
Performance metrics: 1/3 revenue, 1/3 operating profit, 1/3 non-financial objectives.
Maximum payout capped at 150% of target; threshold failure yields no funding.

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