AMD 8-K: Smart Summary

On December 12, 2025, AMD's Board of Directors appointed Emily Ellis as Corporate Vice President, Chief Accounting Officer and principal accounting officer, effective December 15, 2025. Concurrently, Jean Hu ceased serving as interim Chief Accounting Officer but continues as AMD's Executive Vice President, Chief Financial Officer and Treasurer.

• Corporate Vice President, Chief Accounting Officer and principal accounting officer Emily Ellis — appointed by AMD's Board of Directors on December 12, 2025, effective December 15, 2025; reports to Jean Hu; previously served as Vice President Controller at Palo Alto Networks, Inc. since March 2024, and as Partner at PricewaterhouseCoopers LLP from July 2019 to March 2024; certified public accountant with a B.A. in Accounting from San Jose State University

• Emily Ellis — Base salary of $425,000 annually; annual performance bonus target of 70% of base salary under AMD's Annual Incentive Plan (prorated in first calendar year based on start date); one-time cash sign-on bonus of $300,000 payable within 30 days of hire date, subject to pro-rated repayment if employment terminates within 24 months of bonus payment date (100% repayment if termination occurs less than 13 full months after payment date; pro-rated reduction of 8.33% per full month completed after the 12th month if termination occurs between 13 and 24 full months after payment date; forgiven in the event of a company- or department-wide reduction-in-force); restricted stock unit award with a target value of $3,000,000 to be granted under AMD's 2023 Equity Incentive Plan (grant date typically the 15th of the month following employment start; number of RSUs calculated using 30-trading day average closing stock price through grant date rounded down to nearest whole share; vesting over four years with one-quarter vesting on first anniversary of grant date and remainder vesting quarterly over the subsequent three years at 6.25% per installment); eligible for annual stock award with a target grant value of $900,000, subject to CLRC approval and not guaranteed

• Interim Chief Accounting Officer Jean Hu — ceased serving as interim Chief Accounting Officer effective December 15, 2025, upon Emily Ellis's appointment; continues to serve as AMD's Executive Vice President, Chief Financial Officer and Treasurer