Steven V. Abramson

President, Chief Executive Officer, and Director at Universal Display Corp

Board

Since December 2007

Age

73 years

Tenure

Has been with OLED since May 1996, initially serving as President and Chief Operating Officer and later promoted to President and Chief Executive Officer in December 2007.

Also at Universal Display Corp

Brian Millard

Vice President, Chief Financial Officer, and Treasurer

JKM

Janice K. Mahon

Senior Vice President, Technology Commercialization and General Manager, Commercial Sales Business

JJB

Julia J. Brown

Executive Vice President and Chief Technical Officer

About

Steven V. Abramson, aged 73 as of February 20, 2025 , has built an extensive career in executive leadership at OLED. He joined the company as a member of the Board of Directors in May 1996, marking the start of a long tenure during which he played a key role in its growth and strategic direction.

During his early years at the firm, he served as President and Chief Operating Officer from May 1996 until his promotion in December 2007. This progression reflects his ability to steer operational excellence and drive transformation within the company.

In his current role as President and Chief Executive Officer, Abramson has leveraged his considerable experience, which includes previous executive positions in legal and operational areas, to enhance OLED's market positioning and innovation strategies. His leadership continues to have a significant impact on the direction of the company, underscoring a career defined by long-term growth and strategic foresight.

$OLED Performance Under Steven V. Abramson

Past Roles

Organization	Role	Date Range	Details
Universal Display Corporation (OLED)	President and Chief Operating Officer	May 1996 - December 2007	Held this role before becoming President, CEO, and Director
Universal Display Corporation (OLED)	Member of the Board of Directors	Since May 1996	Held this position before his current roles
Roy F. Weston, Inc.	Vice President, General Counsel, Secretary, and Treasurer	March 1992 - May 1996
InterDigital, Inc.	General Counsel, Executive Vice President, and General Manager of the Technology Licensing Division	December 1982 - December 1991

Fixed Compensation

Data from FY 2023

Component Name	Amount	Payment Schedule	Additional Details
Base Salary	$878,024	Annual 2023	Fixed base salary for 2023
Annual Car Allowance	$6,000	Monthly ($500/month)	Automobile allowance provided monthly
All Other Compensation	$53,347	Annual 2023	Includes 401(k) contribution and insurance premiums

Performance Compensation

Data from FY 2023

Non-Equity Incentive Plan Compensation

Metric	Value	Notes
Threshold Payout	$563,206	Minimum performance level
Target Payout	$1,126,413	Expected performance level
Maximum Payout	$2,252,825	Cap on payout
Actual Payout	$1,543,185	137% of target; paid in March 2024
Performance Metrics	Revenue & Adjusted Operating Income	Revenue: $576M, Adjusted Operating Income: $251M

Equity Incentive Plan Compensation (Performance Stock Units - PSUs)

Metric	Value	Notes
Grant Date	March 7, 2023
Vesting Date	December 31, 2025	PSUs vest after three years
Threshold Shares	3,606 shares	Minimum performance level for vesting
Target Shares	28,851 shares	Expected performance level
Maximum Shares	86,553 shares	Cap on share awards
Grant Date Fair Value	$4,781,070	Based on likely achievement of target performance
Grant Date Stock Price	$165.72	Weighted average grant-date fair value per unit
Performance Metrics & Weights	Cumulative Adjusted EBITDA (50%), TSR (25%), Cumulative Total Gross Margin (25%)	Defined metrics with sliding scale multiplier
Multiplier Range	0x to 3x	Sliding scale based on percentile achievement
Additional Note	Highest performance yields fair value of $12,000,573	Conditions include continued employment and certification by the Human Capital Committee