EMERSON RADIO CORP

Summary Compensation Table

The following Summary Compensation Table sets forth information concerning compensation for services rendered in all capacities to the Company and its subsidiaries for the fiscal year ended* March 31,2026 and for the fiscal year ended March 31, 2025* which was awarded to, earned by or paid to the Company’s named executive officers at any time during Fiscal2026.

(1) Represents bonus paid during the fiscal year.

Employment Agreements

During Fiscal2026, the Company had employment agreements with certain of its named executive officers, each of which is described below.

Christopher Ho. Christopher Ho, the Company’s President and Chief Executive Officer, entered into an employment agreement, effective* July 19, 2021,with Emerson Radio (Hong Kong) Limited, a wholly owned subsidiary of the Company. The agreement provides for an annual base salary of$240,000,* and an annual discretionary bonus payable at any time as recommended by the Board. The contract extends until the termination of the agreement by either the Company or Mr. Ho upon the delivery fromone to the other ofnot less thanone months’ prior written notice. The foregoing description of the Company’s employment agreement with Mr. Ho is subject to and qualified in its entirety by reference to the full text of the employment agreement, which is filed as an exhibit to this Annual Report on Form10-K.

Richard Li. Richard Li, the Company’s Chief Financial Officer, entered into an employment agreement, effective* January 16, 2022,with Emerson Radio (Hong Kong) Limited, a wholly owned subsidiary of the Company. The agreement provides for an annual base salary of$100,000,* and an annual discretionary bonus payable at any time as recommended by the Board. The contract extends until the earlier of the retirement of Mr. Li and thefirst day of the following month immediately after his65th birthday, or the termination of the agreement by either the Company or Mr. Li upon the delivery fromone to the other ofnot less thanone months' prior written notice. The foregoing description of the Company’s employment agreement with Mr. Li is subject to and qualified in its entirety by reference to the full text of the employment agreement, which is filed as an exhibit to this Annual Report on Form10-K.

Michael Binney. Michael Binney, the Company’s Executive Vice President and Chief Operating Officer, entered into an employment agreement, effective* June**24,* 2026, with Emerson Radio (Hong Kong) Limited, a wholly owned subsidiary of the Company. The agreement provides for an annual base salary of*$195,000* and an annual discretionary bonus payable at any time as recommended by the Board. The contract extends until the termination of the agreement by either the Company or Mr. Binney upon the delivery fromone to the other ofnot less thanone months' prior written notice. The foregoing description of the Company’s employment agreement with Mr. Binney is subject to and qualified in its entirety by reference to the full text of the employment agreement, which is filed as an exhibit to this Annual Report on Form10-K.

Outstanding Equity Awards at Fiscal Year End

None of the Company’s named executive officers held any outstanding equity awards at* March 31, 2026*.

Compensation of Directors

During Fiscal2026, the Company’s directors who werenot employees (“Outside Directors”) were compensated for serving on the Board and on its various committees during the period. The Company doesnot compensate directors who are employees of the Company for their services as directors.

From* April 1, 2025through December 31, 2025,Outside Directors were paid based on an annualized director’s fee of$55,000.* Effective* January 1, 2026,the fee paid to Outside Directors was increased to$56,650* per year. From* April 1, 2025through December 31, 2025,each Outside Director serving on the Audit Committee received an additional annualized fee of$20,000* withno additional fee for serving as chairman of the Audit Committee. Effective* January 1, 2026,the fee paid to Outside Directors for serving on the Audit Committee was increased to$20,600* per year. The Company doesnot pay any additional fees for attendance at meetings of the Board or the committees. Audit Committee fees are paid infour equal quarterly installments per annum. Audit Committee fees are pro-rated in situations where an Outside Director serves less than a fullone year or periodic term.

Additionally, the Company’s directors are reimbursed their expenses for attendance at meetings.

The following table provides certain information with respect to the compensation earned or paid to the Company’s Outside Directors during Fiscal2026.

Director Compensation for Fiscal2026

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