Energy Recovery, Inc.
For the period ended Dec 31, 2025. Filed Feb 25, 2026.
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FY2025 · Filed Feb 25, 2026
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Item 11. Executive Compensation
“Director Compensation,” “Executive Compensation,” “Compensation Committee Interlocks and Insider Participation,” “Compensation
Discussion and Analysis,” “Report of the Compensation Committee” and “Compensation Policies and Practices as They Relate to Risk
Management.”
Clawback Policy on Executive Compensation in Restatement Situations
In July 2023, the Compensation Committee approved the Company’s Compensation Recovery Policy (the “Clawback Policy”) in
accordance with the applicable rules of the Nasdaq Stock Market, and Section 10D and Rule 10D-1 of the Securities Exchange Act of 1934,
as amended. The purpose of the Clawback Policy is to describe the circumstances under which the Company is required to recover certain
compensation paid to certain executive officers. In the event that the Company is required to prepare an accounting restatement, the
Company, through its Board or its Compensation Committee will recover reasonably promptly from any of the Company’s executive officer
the amount of erroneously awarded compensation received during the recovery period.
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