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YUNHONG GREEN CTI LTD.

For the period ended Dec 31, 2025. Filed Mar 23, 2026.

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FY2025 · Filed Mar 23, 2026

YHGJ$3.40+9.3%Stored close · as of Nov 6, 2026

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Item 11. Executive Compensation

The following table sets forth summary compensation information with respect to the Principal Executive Officer and each of the two other most highly compensated executive officers. These individuals, including the Principal Executive Officer, are collectively referred to in this proxy statement as the Named Executive Officers.

Non-Equity
Stock · Incentive Plan · All other
Name/Title · Year · Salary · Awards · Compensation · compensation · Total
(1)(2)(3)
Jana M. Schwan2025$275,000$18,096$-$10,500$303,596
Chief Executive Officer (4)2024$239,500$48,657$-$9,500$297,657

SUMMARY COMPENSATION TABLE

(1)Reflects the compensation expense recognized in 2025 and 2024 for stock awards under ASC Topic 718 as reported in the Company’s audited financial statements.
(2)Amounts determined under the Company’s incentive compensation program.
(3)Insurance premiums
(4)Ms. Schwan became Chief Operating Officer during 2020 and Chief Executive Officer in 2024.

Narrative Disclosure for Summary Compensation Table

Employment Agreements with Our Named Executive Officers

Mr. Cesario resigned from his employment with the Company in November 2024.

Ms. Jana Schwan entered into an employment agreement with the Company during November 2024. That agreement includes a base salary of $275,000 per year. Ms. Schwan received an inducement grant of stock in the amount of 25,000 shares, 2,500 of which vested immediately, with the remaining shares scheduled to vest based upon the achievement of certain goals and objectives as set forth in the agreement. Ms. Schwan was eligible to receive a performance-based bonus of $250,000. In the event that Ms. Schwan is terminated without cause, she is eligible to receive twelve (12) months of salary in accordance with the agreement.

Information Relating to Cash Incentives

The Board of Directors previously had adopted an Incentive Compensation Plan providing for annual incentive compensation to be paid to executive and managerial employees of the Company. Under the Plan, designated Named Executive Officers and several other executive officers and managers may receive incentive compensation payments, determined on a quarterly and annual basis, based upon the income of the Company before provision for income tax or for incentive compensation if the net income exceeds a threshold amount of profit for any quarter of $100,000 and, for the year, of $250,000. The benefits under the Plan are divided into two Pools of compensation. Pool I (representing the largest pool of incentive compensation) covers senior executive officers and managers who participate in the pool of incentive compensation based upon a percentage allocation recommended by the Compensation Committee and determined by the Board of Directors each year. Pool II covers other executives and managers who are selected to participate in proportions determined by management. The Compensation Committee recommends the amount of the incentive compensation awards which, in the aggregate, may not exceed sixteen percent of the net income of the Company (before provision for income tax or incentive compensation under the Plan). Further, the amount of incentive compensation to any participant may not exceed the annual base compensation of the participant. The Compensation Committee believed such incentive compensation motivates participants to achieve strong profitability which is viewed as the most significant element of corporate performance, provides rewards for strong corporate performance and aligns the incentive with the interests of the shareholders. Incentive compensation participation levels are generally determined during the first quarter of each fiscal year.

In determining the executives who participate in the incentive compensation awards in Pool I each year, and the relative amount of the award to each participant, the Compensation Committee considers and takes into account (i) the position of the executive, (ii) the level of responsibility and authority of the executive, (iii) the performance of the executive, and (iv) the extent to which the executive is in a position to affect the financial results and profitability of the Company. The current Board of Directors is considering a revised incentive plan and terminating the plan described in this section. No replacement plan has yet been adopted, but the Board of Directors and Management have both indicated their desire to change this program.

Long-Term Equity Incentives

The Board of Directors adopted and approved a new incentive option plan in April 2018 which was submitted to, and approved by, our shareholders at the annual meeting of shareholders on June 8, 2018 (the “Plan”). This Plan updated and replaced the prior Stock Incentive Plan from 2009. Under the Plan, the Compensation Committee of the Board of Directors is authorized to issue incentive options, non-statutory options, restricted stock awards and stock grants to officers, directors, management personnel and consultants of the Company. The Board of Directors determined that no further options would be granted under the 2009 Incentive Stock Plan.

Stock awards and option grants under the Plan will be determined from time to time by the Compensation Committee in consultation with management. The actual grant for each executive is determined by taking into consideration (i) individual performance, (ii) corporate performance and (iii) prior grants to, or stock ownership of the Company by, the executive or director. Generally, stock options are granted with an exercise price equal to or greater than the closing price of the Company’s common stock on the NASDAQ Stock Market on the date of the grant.

During 2025, based on numbers of months the independent Directors have been granted 1,417 shares of restricted stock that vest over 12 months.

During 2024, each of the three independent Directors was granted 500 shares of restricted stock that vest over 12 months.

Retirement Benefits

The Company maintains a 401(k) employee savings plan in which all salaried employees are eligible to participate. The plan is a tax qualified retirement plan.

Under the 401(k) Plan, employees may contribute up to 15% of their eligible compensation to the Plan and the Company will contribute a matching amount to the Plan each year. Participating employees may direct the investment of individual and company contributions into one or more of the investment options offered by the Plan. The Company has the ability to make matching contributions under the Plan, but none were made during 2025 or 2024.

These are unvested restricted stock awards provided to Jana M. Schwan, and will be vested based on milestone performance goals set by the Board of Directors.

OUTSTANDING EQUITY AWARDS

Number of Securities Underlying
NameUnvested Performance Grants
Jana M. Schwan22,275

EQUITY COMPENSATION PLAN INFORMATION

The total approved equity compensation plan is for 500,000 shares, out of these unvested shares are 20,158 outstanding at December 31, 2025. Vested and unissued shares are 4,117, total shares outstanding and unissued are 24,275 as of December 31, 2025.

Payments Upon Termination or Change of Control

The employment agreement with Jana Schwan, effective November 2024, includes payment of twelve months salary upon termination except for cause as is defined by that agreement.

Director Compensation

The following table sets forth the compensation of directors of the Company during the year ended December 31, 2025:

DIRECTOR COMPENSATION

Name · Director’s Fees · Stock Awards (1) · All other compensation · Total
Yubao Li · $ · - · $ · - · $ · - · $ · -
Jana M Schwan · $ · - · $ · - · $ · - · $ · -
Douglas Bosley$4,000$788$-$4,788
JD Roberts$12,000$3,150$-$15,150
Philip Wong$12,000$3,150$-$15,150
Jeffrey Leader$1,000$213$30,000$31,213
Darlene Chiu Bryant$6,000$1,225$-$7,225
(1)Reflects the compensation expense recognized in 2025 for stock awards under ASC Topic 718 as reported in the Company’s audited financial statements.

Narrative Description of Director Compensation

Payments to non-employee directors were suspended during 2019, and restarted as of January 2022.

Agreements Between Third Parties and Directors

There are no agreements or arrangements by which any directors or nominees are to receive compensation or other payments from third parties in return for serving on the Board of Directors.

Item No. 12–**

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