AXT (AXTI) Proxy filing summary

Executive summary

• Annual meeting scheduled for May 14, 2026, at the principal offices in Fremont, CA.

• Proxy materials and annual report are available online, with options for electronic or paper delivery.

• Shareholders are encouraged to review all proxy materials before voting.

Voting matters and shareholder proposals

• Election of two Class I directors for a three-year term: Morris S. Young and David C. Chang.

• Advisory vote on executive compensation for named executive officers.

• Ratification of BPM LLP as independent registered public accounting firm for fiscal year ending December 31, 2026.

• Proposal to amend the certificate of incorporation to increase authorized common stock from 70,000,000 to 120,000,000 shares.

• Proposal to approve adjournment of the meeting if more time is needed to solicit votes for the amendment.

Board of directors and corporate governance

• Board recommends voting FOR all director nominees and all proposals listed.

• Morris S. Young serves as Chairman and CEO; David C. Chang is a director.