Lantronix raises CEO and exec salaries, lifts severance restrictions for two officers

LANTRONIX INC

CEO Saleel Awsare annual base salary increased to $550,000, effective Aug 1, 2026.
CRO Kurt Hoff salary raised to $390,000; two-year severance restriction removed.
Chief Product & Strategy Officer Mathi Gurusamy salary raised to $390,000; severance restriction removed.
Amendments dated Aug 26, 2026; approved by Compensation Committee and signed by executives.

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