American Superconductor Corporation Fiscal 2026 Executive Incentive Plan

American Superconductor Corporation has approved an executive incentive plan for fiscal year 2026. This plan includes the CEO and all other current executive officers. Each participant has a target cash incentive based on their base salary. The Compensation Committee determines payouts for all executives except the CEO, whose payout is determined by the Board. Payouts can range from the target amount up to 200% of the target. Awards are based on company performance in non-GAAP net income (50% weighting), revenues (25% weighting), and operating expenses (25% weighting) compared to established targets for fiscal 2026. The CEO, Daniel P. McGahn, has a target incentive of 100% of his base salary, amounting to $754,000. John W. Kosiba, Jr., Senior Vice President, CFO, and Treasurer, has a target incentive of 75% of his base salary, totaling $351,000.