Gilat sets executive pay policy with CEO monthly base salary cap of NIS 170,000

Equity awards vest over at least three years; annual vesting value capped at 24 months of base pay for CEO-level roles.

Monthly base-salary caps: CEO, executive director, chair up to NIS 170,000; other executives up to NIS 120,000.

Annual bonus gates tied to a profitability metric; total executive annual bonuses capped at 15% of operating profit.

CEO, executive director, chair bonus cap set at up to 18 months of base pay; other executives up to 12 months.

Gilat set a new three-year executive compensation policy covering base salary, cash bonuses, equity awards, separation terms, and D&O insurance.