Velarion · Company Intelligence
Compensation Brief
Fiscal year 2025 · Filings through 2026-07-21

Aware (AWRE)

CEO Ajay Amlani was paid $1,826,746 in fiscal year 2025 (SEC filing 0001193125-26-237209 ↗): 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.

$1,826,746
Ajay Amlani total, FY2025
—
CEO pay percentile vs peers
—
CEO-to-median pay ratio
89.37%
Say-on-pay support, latest vote

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Sample answer — “What is the CEO’s total compensation?”
- Ajay Amlani (Chief Executive Officer, President & Director), FY2025 total compensation $1,826,746 (base salary $111,110) [exec_comp, SEC accession 0001193125-26-237209, filed 2026-05-22]

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AWRE's next annual pay disclosure, estimated June 18, 2027.est. Filing ↗

01

Summary Compensation Table — fiscal year 2025

Named executive officerSalaryBonusStock awardsOption awardsNon-equity incentivePension / NQDCAll otherTotal
Ajay Amlani$111,110$0$881,751$833,664$0$0$221$1,826,746
Chief Executive Officer, President & Director
Brian Krause246,6670080,829009,394336,890
Chief Revenue Officer
Mohamed Lazzouni311,4690000011,294322,763
Chief Technology Officer
David Traverse245,830015,4920009,920271,242
Chief Financial Officer

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 FY2024→2025
Ajay Amlani$1,826,746———
Brian Krause336,890———
Mohamed Lazzouni322,763468,825427,477↓ −146,062
David Traverse271,242327,573—↓ −56,331

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

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Companies that benchmark against AWRE
3 companies name AWRE as a compensation peer

Each company listed discloses AWRE in its own benchmarking peer group, as disclosed in each company's most recent proxy statement within the last two proxy seasons. Two companies are therefore absent by design: one that named AWRE in an earlier year and no longer does, and one whose own most recent disclosure is older than the last two seasons.

01c

Board of directors

One page per director: the seat, the committees and the fee table, read for one person at a time.

DirectorRoleFY2025 total
Brent P. JohnstoneIndependent Director$81,500
Brian D. ConnollyIndependent Director$76,500
Gary EveeIndependent Director$77,500
John S. Stafford IIIChair of the Board$66,500
Peter R. FaubertIndependent Director$71,501
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
Ajay AmlaniOption848,1571.7—
Ajay AmlaniRSU354,600—656,010
Mohamed LazzouniOption150,0002.05—
David TraverseRSU12,000—22,200
David TraverseOption75,0002.05—
Ajay AmlaniOption106,0201.7—
Mohamed LazzouniOption13,1562.21—
Ajay AmlaniRSU166,229—257,655
David TraverseOption3,6672.21—
Brian KrauseOption105,0001.56—
05

Incentive-plan design — the Compensation Discussion & Analysis

CEO STI target (% of salary)—
CEO LTI target (% of salary)—
Independent consultant—
Clawback policytrue
Anti-hedgingtrue
Anti-pledgingfalse
06

Say-on-pay — recent advisory votes

Meeting yearMeeting dateForAgainstAbstainSupportOutcome
20262026-07-159,879,8271,175,35943,24789.37%Passed
20252025-06-1111,037,948668,425221,30494.29%Passed
20242024-06-079,741,0822,151,309353,35981.91%Passed
20232023-06-0711,487,7172,638,831923,51181.32%Passed
20222022-06-1510,723,8874,127,922930,96772.21%Passed
20212021-05-197,770,971733,962162,09191.37%Passed

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
20262026-07-1589.37%a
20252025-06-1194.29%b
20242024-06-0781.91%c

a. Voting standard not stated in the filing.

b. Voting standard not stated in the filing.

c. 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.

07

CEO pay ratio

Ratio (CEO : median employee)—
CEO total compensation—
Median employee compensation—
08

Director compensation — fiscal year 2025

DirectorCash feesStock awardsOption awardsNon-equity incentiveAll otherTotal
Brent P. JohnstoneIndependent · Compensation · Executive$0$81,500$0—$0$81,500
Gary EveeIndependent · Board Chair · Compensation · Executive · Audit077,5000—077,500
Brian D. ConnollyIndependent · Compensation · Audit076,5000—076,500
Peter R. FaubertIndependent · Audit (Chair)071,5010—071,501
John S. Stafford IIIIndependent · Compensation · Executive066,5000—066,500
Ajay K. AmlaniEmployee director—————0
09

Board fee structure and ownership guideline

Annual cash retainer$0
Annual equity retainer$60,000
Per board meeting fee—
Committee chair fees (audit / comp / nom-gov)10,000 / 10,000 / 10,000
Stock ownership guideline—
09b

Total cost of the board

ComponentFY2025
Cash retainers and fees$0
Equity awards (grant-date value)$373,501
All other compensation$0
Total cost of the board$373,501

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
1Aware2025Ajay Amlani$111,110$881,751$833,664$0$1,826,746

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.

10d

Frequently asked questions

Who was the highest-paid executive at Aware in fiscal 2025?
As disclosed, Ajay Amlani (Chief Executive Officer, President & Director) was the highest-paid executive at Aware in fiscal 2025, with total compensation of $1,826,746.
How did shareholders vote on Aware's executive compensation?
As disclosed, 89.37% of shareholders supported Aware's executive compensation in the latest say-on-pay vote.
How much does Aware spend in total on board compensation for fiscal 2025?
As disclosed, Aware reported total board compensation of $373,501 for fiscal 2025.

Answers are drawn only from the figures disclosed in this brief and cited to their location in the source filing. Where a figure required for an answer is not disclosed, that is stated rather than estimated.

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, Ajay AmlaniDEF 14A2026-05-220001193125-26-237209Section “Executive Compensation”. As printed: 1,826,746. Filing ↗machine: r2 · c25 · span 317476–317485
2Section 01, Brian KrauseDEF 14A2026-05-220001193125-26-237209Section “Executive Compensation”. As printed: 336,890. Filing ↗machine: r8 · c25 · span 372019–372026
3Section 01, Mohamed LazzouniDEF 14A2026-05-220001193125-26-237209Section “Executive Compensation”. As printed: 322,763. Filing ↗machine: r6 · c25 · span 353103–353110
4Section 01, David TraverseDEF 14A2026-05-220001193125-26-237209Section “Executive Compensation”. As printed: 271,242. Filing ↗machine: r4 · c25 · span 334183–334190
5Section 07, pay ratio10-K/A2026-05-260001193125-26-239218Section “CEO Pay Ratio”. As printed: —. Filing ↗
6Section 08, Brent P. JohnstoneDEF 14A2026-05-220001193125-26-237209Section “Director Compensation”. As printed: 81,500. Filing ↗machine: span 863601–863809
7Section 08, Gary EveeDEF 14A2026-05-220001193125-26-237209Section “Director Compensation”. As printed: 77,500. Filing ↗machine: span 853701–853909
8Section 08, Brian D. ConnollyDEF 14A2026-05-220001193125-26-237209Section “Director Compensation”. As printed: 76,500. Filing ↗machine: span 848759–848967
9Section 08, Peter R. FaubertDEF 14A2026-05-220001193125-26-237209Section “Director Compensation”. As printed: 71,501. Filing ↗machine: span 858650–858858
10Section 08, John S. Stafford IIIDEF 14A2026-05-220001193125-26-237209Section “Director Compensation”. As printed: 66,500. Filing ↗machine: span 868552–868760
11Section 08, Ajay K. AmlaniDEF 14A2026-05-220001193125-26-237209Section “Director Compensation”. As printed: 0. Filing ↗
12Section 06, 2026 voteForm 8-K2026-07-210001193125-26-310401Item 5.07 · say-on-pay result. As reported: 89.37% (votes for as printed: 9,879,827). Filing ↗
13Section 06, 2025 voteForm 8-K2025-06-130000950170-25-085827Item 5.07 · say-on-pay result. As reported: 94.29% (votes for as printed: 11,037,948). Filing ↗
14Section 06, 2024 voteForm 8-K2024-06-110000950170-24-072068Item 5.07 · say-on-pay result. As reported: 81.91% (votes for as printed: 9,741,082). Filing ↗
15Section 01 trend, Δ column (computed)Computed——Δ = current-FY total − prior-FY total per named officer.machine: formula: Δ = FY(n) − FY(n−1)
16Section 09b board cost (computed)Computed——Cash 0 + equity 373,501 + all other 0 = 373,501, summed across the director compensation table rows.machine: formula: Σ = 373,501
17Aware (subject), Section 10b CEO totalDEF 14A2026-05-220001193125-26-237209CEO total compensation as printed in Aware's own proxy. As printed: 1,826,746. Filing ↗machine: r2 · c25 · span 317476–317485

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