Velarion · Company Intelligence
Compensation Brief
Fiscal year 2025 · Filings through 2025-12-02

Aeluma (ALMU)

Fiscal year 2025 executive and director compensation, incentive-plan design, equity activity, and governance — every figure in this brief is traceable to its exact location in the company’s SEC filing — the document, the section, the page, and the table, linked directly.

$1,862,827
Jonathan Klamkin total, FY2025
CEO pay percentile vs peers
CEO-to-median pay ratio
Say-on-pay support, latest vote
Companies that benchmark against ALMU
No companies currently name ALMU as a compensation peer in their most recent disclosure.

This is the complete answer, not a partial one — the list is never padded.

01

Summary Compensation Table — fiscal year 2025

Named executive officerSalaryBonusStock awardsOption awardsNon-equity incentivePension / NQDCAll otherTotal
Jonathan Klamkin$271,667$163,800$0$1,427,360$0$0$0$1,862,827
Chief Executive Officer, President & Chairman
James Seo159,5000099,345000258,845
Interim CFO

A dash means the company reported no figure in that column; 0 means it reported zero. Figures are as printed in the filing, without adjustment.

Three-year trend — total compensation per named executive

Named executive officerFY2025 totalFY2024 totalFY2023 totalΔ FY20242025
Jonathan Klamkin$1,862,827
James Seo258,845

Prior-year totals as disclosed in the corresponding proxy; deltas are computed values with the derivation shown in the register.

02

Equity transactions since the proxy statement was filed

No insider equity transactions reported since the proxy statement.

04

Outstanding equity awards at fiscal year-end 2025

ExecutiveAwardShares unvestedExercise priceMarket value unvested
Jonathan KlamkinOption37,5002.1
Jonathan KlamkinOption192,5017.8
James SeoOption20,0013
James SeoOption13,1258.86
05

Incentive-plan design — the Compensation Discussion & Analysis

CEO STI target (% of salary)
CEO LTI target (% of salary)
Independent consultant
Clawback policy
Anti-hedging
Anti-pledging
06

Say-on-pay — recent advisory votes

Meeting yearMeeting dateForAgainstAbstainSupportOutcome
202615,892,887

Rows are labeled by annual-meeting year, with the meeting date beside each; the vote held in a given year acts on the prior fiscal year's compensation.

Say-on-pay — history, company's computation

Meeting yearMeeting dateApproval — company's computation
2026a

a. Voting standard not stated in the filing.

Approval percentages are the company's own reported computations under its own stated standard, not recomputed by Velarion. Where a company does not state a standard, none is assumed.

08

Director compensation — fiscal year 2025

DirectorCash feesStock awardsOption awardsNon-equity incentiveAll otherTotal
John PagliaIndependent · Audit (Chair) · Compensation · Nominating/Governance$0$0$555,813$0$555,813
Craig EnsleyIndependent · Audit · Compensation (Chair) · Nominating/Governance00542,6210542,621
Steven P. DenBaarsIndependent · Compensation · Nominating/Governance (Chair)00534,9500534,950
Michael ByronIndependent · Audit · Compensation · Newly elected00233,3360233,336
Jonathan KlamkinEmployee director · Board Chair0
09

Board fee structure and ownership guideline

Annual cash retainer
Annual equity retainer
Per board meeting fee
Committee chair fees (audit / comp / nom-gov)
Stock ownership guideline
09b

Total cost of the board

ComponentFY2025
Cash retainers and fees$0
Equity awards (grant-date value)$0
All other compensation$0
Total cost of the board$0

Computed as the sum of the director compensation table rows above; inputs and formula shown in the register.

10b

Chief executive pay against the peer group

Most recent fiscal-year chief executive compensation at each disclosed peer, taken from that company's own proxy statement.

RankCompanyFYChief executiveSalaryStock awardsOption awardsNon-equity incentiveTotal
1Aeluma2025Jonathan Klamkin$271,667$0$1,427,360$0$1,862,827

Each peer's compensation is from its most recently filed proxy; fiscal years differ by company. Each peer's figures come from its own filings; the subject company is highlighted. Peers whose chief executive compensation is outside our coverage universe are stated as such, never left blank.

11

Source register

Each figure's location is given both for the eye (section · page · table · row · column) and for a script (table/row/column index and exact character span in the filed document). Any figure can be independently confirmed against the source.

#SupportsDocumentFiledAccessionLocation in document
1Section 01, Jonathan KlamkinDEF 14A2025-12-020001213900-25-117284Section “Executive Compensation”. As printed: 1,862,827. Filing ↗machine: r1 · c33 · span 128102–128111
2Section 01, James SeoDEF 14A2025-12-020001213900-25-117284Section “Executive Compensation”. As printed: 258,845. Filing ↗machine: r3 · c33 · span 130980–130987
3Section 08, John PagliaDEF 14A2025-12-020001213900-25-117284Section “Director Compensation”. As printed: 555,813. Filing ↗machine: span 160107–160114
4Section 08, Craig EnsleyDEF 14A2025-12-020001213900-25-117284Section “Director Compensation”. As printed: 542,621. Filing ↗machine: span 159228–159235
5Section 08, Steven P. DenBaarsDEF 14A2025-12-020001213900-25-117284Section “Director Compensation”. As printed: 534,950. Filing ↗machine: span 158632–158639
6Section 08, Michael ByronDEF 14A2025-12-020001213900-25-117284Section “Director Compensation”. As printed: 233,336. Filing ↗machine: span 161010–161017
7Section 08, Jonathan KlamkinDEF 14A2025-12-020001213900-25-117284Section “Director Compensation”. As printed: 0. Filing ↗
8Section 06, 2026 voteForm 8-K2025-12-020001213900-25-117284Item 5.07 · say-on-pay result. As reported: —. Filing ↗
9Section 09b board cost (computed)ComputedcomputedCash 0 + equity 0 + all other 0 = 0, summed across the director compensation table rows.machine: formula: Σ = 0
10Aeluma (subject), Section 10b CEO totalDEF 14A2025-12-020001213900-25-117284CEO total compensation as printed in Aeluma's own proxy. As printed: 1,862,827. Filing ↗machine: r1 · c33 · span 128102–128111