Paul R. Gudonis

President, CEO, and Chairman at MYOMO

Board

Since July 2012

Age

70 years

Education

Earned a Bachelor's degree in Electrical Engineering from Northwestern University and an MBA from Harvard University.

Tenure

Joined as CEO and director in July 2012, became Chairman in August 2016, and was appointed President in February 2017.

Also at MYOMO

DAH

David A. Henry

Chief Financial Officer

HKM

Harry Kovelman, M.D.

Chief Medical Officer

MJM

Micah J. Mitchell

Chief Commercial Officer

About

Bringing over 40 years of experience in technology-based industries, he has established a strong foundation in launching innovative products and services across software, telecommunications, internet services, and robotics.

His career includes leadership roles at organizations such as FIRST Robotics, Centra Software, Inc., and Genuity, Inc., where he honed his expertise in strategic vision and operational excellence.

At MYO, his profound impact goes beyond his executive roles. His contributions in driving product development and fostering early-stage ventures are complemented by his active participation in academic and industry advisory boards, reinforcing his commitment to innovation and education.

$MYO Performance Under Paul R. Gudonis

Past Roles

Organization	Role	Date Range	Details
Myomo, Inc.	President	February 2017 – (prior role)	Held the position before consolidating into his current combined role
Myomo, Inc.	Chairman of the Board of Directors	August 2016 – (prior role)	Served as Chairman prior to assuming his current consolidated role
Myomo, Inc.	Chief Executive Officer and Director	July 2012 – (prior role)	Acted as CEO and Director before later taking on the combined leadership role
FIRST Robotics	President	October 2005 – June 2010	Led the organization focused on inspiring young science and technology leaders through robotics competitions
Centra Software, Inc.	Chief Executive Officer	August 2003 – April 2005	Provided software solutions at a technology company
Genuity, Inc.	Chief Executive Officer	January 2000 – March 2003	Oversaw operations at a telecommunications and internet services company
Massachusetts High Tech Council	Chairman	N/A	Chaired the organization dedicated to advancing the technology sector in Massachusetts

Fixed Compensation

Data from FY 2023

Component Name	Amount	Payment Schedule	Additional Details
Base Salary	$300,000	Annual	Fixed salary for 2023
All Other Compensation	$15,058	Annual	Consists of 401(k) match contributions

Performance Compensation

Data from FY 2023

Annual Performance Bonus

Metric	Value/Target	Details
Corporate Bonus Weight	70%	Based on achievement of revenue and operating loss targets (excluding stock-based compensation) equally weighted
Individual Performance Weight	30%	Based on subjective individual performance as determined by the Compensation Committee
Bonus Range	0% to 200%	Actual bonus payout may vary between 0% to 200% of the target bonus based on performance metrics
Maximum Bonus Cap	170%	Maximum potential bonus is capped at 170% of the target bonus
Maximum Annual Bonus Amount	Up to $225,000	Calculated as 75% of the base salary ($300,000)
Vesting Schedule	Not Applicable	As this is a cash bonus, there is no vesting schedule
Evaluation Period	2023	Performance evaluated throughout the year on strategic, sales, operational, and financial goals
Additional Details	Thresholds not disclosed	Specific performance targets for revenue and operating loss were not disclosed in the documents