Amtech Systems Files Definitive Proxy Statement

TL;DR

ASYS proxy filed - vote on directors & auditors. Your say matters!

AI Summary

Amtech Systems, Inc. (ASYS) filed its definitive proxy statement on January 24, 2025, for its annual meeting of stockholders. The filing outlines the proposals to be voted on, including the election of directors and the ratification of the appointment of its independent registered public accounting firm. The company's fiscal year ends on September 30.

Why It Matters

This filing is crucial for shareholders as it details the agenda for the annual meeting, allowing them to make informed voting decisions on company leadership and financial oversight.

Risk Assessment

Risk Level: low — This is a routine proxy filing detailing upcoming shareholder votes and does not inherently present new financial risks.

Key Numbers

• 0000720500 — Central Index Key (Unique identifier for Amtech Systems, Inc. with the SEC.)

Key Players & Entities

• AMTECH SYSTEMS, INC. (company) — Registrant
• 0000950170-25-008792.txt (document) — Filing document identifier
• 20250124 (date) — Filing date
• 20250305 (date) — Period of report

FAQ

Key Financial Figures

• $0.01 — 14,289,066 shares of our common stock, $0.01 par value (“Common Stock”

Filing Documents

• asys_def_14a_2025_live.htm (DEF 14A) — 1046KB
• img262997916_0.jpg (GRAPHIC) — 40KB
• img262997916_1.jpg (GRAPHIC) — 266KB
• img262997916_2.jpg (GRAPHIC) — 131KB
• img262997916_3.jpg (GRAPHIC) — 110KB
• 0000950170-25-008792.txt ( ) — 1800KB

Executive Compensation

Executive Compensation 10 Employment Arrangements 16 Transactions with Related Persons in 2024 19 Audit Committee Report 20 Proposal No. 2 – To Approve the Ratification of the Independent Registered Public Accountants (Item No. 2 on the Proxy Card) 22 Proposal No. 3 – Advisory Vote On Named Executive Officer Compensation (Item No. 3 on the Proxy Card) 24

Security Ownership of Certain Beneficial Owners and Management

Security Ownership of Certain Beneficial Owners and Management 25 Securities Authorized for Issuance under Equity Compensation Plans 27 Proposal No. 4 – To Approve an Amendment to the 2022 Equity Incentive Plan (Item No. 4 on the Proxy Card) 28 Other Matters 38 AMTECH SYSTEMS, INC. 58 S. RIVER DRIVE, #370 TEMPE, ARIZONA 85288 PROXY ST ATEMENT The Board of Directors, or “Board,” of Amtech Systems, Inc., an Arizona corporation (the “Company” or “Amtech”), is soliciting proxies to be used at the 2025 Annual Meeting of Shareholders to be held on Wednesday, March 5, 2025, at 9:00 a.m., Arizona time, and any adjournment or postponement thereof (the “Annual Meeting” or “Meeting”). A copy of the Notice of the Meeting accompanies this Proxy Statement. This Proxy Statement and the accompanying form of proxy will be mailed to all shareholders entitled to vote at the Annual Meeting beginning January 31, 2025. Who Can Vote Shareholders of record as of the close of business on January 13, 2025 (the “Record Date”), may vote at the Annual Meeting and at any adjournment or postponement of the Meeting. On the Record Date, 14,289,066 shares of our common stock, $0.01 par value (“Common Stock”), were issued and outstanding. A complete list of shareholders entitled to vote at the Annual Meeting shall be open to the examination of any shareholder, for any purpose germane to the Annual Meeting, during ordinary business hours for at least ten days prior to the Annual Meeting at our offices at 58 S. River Drive, #370, Tempe, Arizona 85288. What Constitutes a Quorum The presence, in person or by proxy, of the holders of a majority of the voting power of the issued and outstanding shares of Common Stock as of the Record Date entitled to vote is necessary to constitute a quorum at the Annual Meeting. Abstentions and broker non-votes are included in the number

: Gender Identity

Part I: Gender Identity Directors — 5 — —

: Demographic Background

Part II: Demographic Background African American or Black White — — — — Alaskan Native or Native American — — — — Asian — 1 — — Indian or South Asian — — — — Hispanic or Latinx — — — — Native Hawaiian or Pacific Islander — — — — White — 4 — — Two or More Races or Ethnicities — — — — LGBTQ+ — — — — Did Not Disclose Demographic Background — — — — Information About Board and Committee Meetings Information concerning our Board and the three committees maintained by our Board is set forth below. Pursuant to Nasdaq and SEC rules, during fiscal 2024 the majority of our directors were not employees of the Company and were “independent” within the meaning of the Nasdaq Listing Rules and SEC standards. Importantly, all members of the Audit, Compensation, and Nominating and Governance Committees are independent. Currently, our independent directors are Robert M. Averick, Michael Garnreiter and Michael M. Ludwig. Additionally, each member of the Audit Committee is financially literate, and one of the Audit Committee members, Michael Garnreiter, has financial management expertise as required by Nasdaq’s rules and meets the SEC’s definition of an “audit committee financial expert.” Our Board of Directors held eight (8) meetings during fiscal year 2024. None of our current directors who were directors during 2024 attended less than 75% of the aggregate of Board meetings and relevant committee meetings held during the year. Our Board has the authority under our Amended and Restated Bylaws, as amended, to increase or decrease the size of our Board and to fill vacancies, and th

View Full Filing

View this DEF 14A filing on SEC EDGAR