Skyworks Solutions said the Compensation and Talent Committee of the Board of Directors approved the Fiscal Year 2026 Executive Incentive Plan on December 11, 2025. The plan establishes cash incentive awards based on the Company's achievement of certain corporate performance metrics during the 2026 fiscal year, and establishes minimum performance metrics that must be achieved before any incentives are awarded.

1. 01

   Skyworks Solutions said the Compensation and Talent Committee of the Board of Directors approved the Fiscal Year 2026 Executive Incentive Plan on December 11, 2025. The plan establishes cash incentive awards based on the Company's achievement of certain corporate performance metrics during the 2026 fiscal year, and establishes minimum performance metrics that must be achieved before any incentives are awarded.

2. 02

   The company said the plan's annual corporate goals, which are approved in advance by the Compensation Committee, involve achievement of certain revenue and non-GAAP operating income metrics during the 2026 fiscal year.

3. 03

   The company said that if target performance metrics are achieved, the CEO is eligible to earn cash incentive awards equaling 160% of base salary, the Chief Financial Officer 100%, the Executive Vice President, Chief Operations and Technology Officer 90%, and the Senior Vice Presidents for Human Resources and General Counsel and Secretary each 80% of their base salaries for the Fiscal Year. If the Company exceeds its target performance metrics, awards can reach up to 2 times the target amount, with the maximum expressed as 2 times.

4. 04

   The company said that upon completion of the fiscal year, the Compensation Committee will determine the extent to which the Company's performance metrics were attained, review the CEO's recommended payouts under the Incentive Plan, and approve any awards made under the plan. It added that the Compensation Committee has discretion to approve the issuance of the Company's common stock in lieu of cash for all or a part of an award made under the Incentive Plan.

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