AEMD

AETHLON MEDICAL INC

San Diego, California • FY2026 Annual Report

NYSE H-1B Visa Sponsor

Revenue

N/A

Net Income

$-7M

EBIT Margin

N/A

Diluted EPS

$-10.61

Free Cash Flow

$-7M

CEO Pay

$500,000

James B. Frakes

$500,000

James B. Frakes's total compensation in FY2026

Base salary $500,000 • Stock awards $1. The CEO's pay package is funded by the same company that claims it cannot find qualified American workers for its open positions.

Financial Snapshot — FY2026

Total Revenue

N/A

N/A year-over-year

Net Income

$-7M

Operating Margin

N/A

Diluted EPS

$-10.61

Free Cash Flow

$-7M

Dividend / Share

N/A

Stock Buybacks

N/A

What We Pay the Executives Source: SEC DEF 14A via sec-api.io

CEO Total Compensation

$500,000

James B. Frakes

CEO Base Salary

$500,000

CEO Stock Awards

Avg. Other NEO Total

$480,000

Executive	Title	Base Salary	Stock Awards	Total Comp
James B. Frakes🔍	Chief Executive Officer and Chief Financial Officer	$500,000	$1	$500,000
Guy F. Cipriani🔍	Senior Vice President, Chief Operating Officer	$199,500	$1	$395,688
Steven P. LaRosa, M.D.🔍	Chief Medical Officer	$430,000	$1	$480,000

SCT = Summary Compensation Table totals from SEC EDGAR DEF 14A proxy statement.

Board of Directors — Who Enables This

Director	Role	Age	Independent	Since	Tenure	Annual Pay	Committees
Angela Rossetti🔍	Director	71	Yes	N/A	N/A	N/A
Chetan S. Shah, M.D.🔍	Director	55	Yes	N/A	N/A	N/A
Dr. Shah🔍	Director	None	Yes	N/A	N/A	N/A	Nominating and Corporate Governance Committee, Compensation Committee, Audit Committee
Edward G. Broenniman🔍	Chairman and Director	88	No	N/A	N/A	N/A
James B. Frakes🔍	Chief Executive Officer, Chief Financial Officer and Directo	69	No	N/A	N/A	N/A
Nicolas Gikakis🔍	Director	58	Yes	N/A	N/A	N/A	Nominating and Corporate Governance Committee, Audit Committee
Steven P. LaRosa, M.D.🔍	Chief Medical Officer	58	No	N/A	N/A	N/A

Source: SEC EDGAR DEF 14A proxy statement via sec-api.io.

H-1B Visa Dependency Key Metric

Search all AETHLON MEDICAL INC H-1B Labor Condition Applications filed with the U.S. Dept. of Labor.

🔍 Search H-1B Records for AETHLON MEDICAL INC

Source: U.S. Dept. of Labor OFLC disclosure data. LCA filing does not guarantee a visa was issued.

Shareholder Value Assessment

PositiveCEO compensation of $0.5M is within range for company size.

Key Business Risks (from 10-K Item 1A)

RISK FACTORS An investment in our securities involves a high degree of risk.
You should carefully consider the risks described below as well as the other information in this Annual Report before deciding to invest in or maintain your investment in our company.
The risks described below are not intended to be an all-inclusive list of all of the potential risks relating to an investment in our securities.
Any of the risk factors described below could significantly and adversely affect our business, prospects, financial condition and results of operations.

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AETHLON MEDICAL INC

James B. Frakes's total compensation in FY2026

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