Ultra Clean Holdings terminates COO Bajwa, appoints Robert Wunar as COO

Ultra Clean Holdings, Inc.

COO Harjinder Bajwa's employment terminated effective Jan 25, 2026; severance per company policy.
Robert Wunar appointed COO effective March 23, 2026; previously Managing Director at Applied Materials.
Wunar's annual salary $475,000; target bonus 85% of base; equity award $1.5M (half RSU, half PSU) subject to shareholder approval.
Sign-on bonus $200,000 subject to clawback if Wunar resigns or is fired for cause within 12 months.

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