Boardroom Alpha
Start trial
10-K primary document
AEBI · Annual Report (Form 10-K) · Filed March 19, 2026

Aebi Schmidt Holding AG — 10-K exhibit

exhibit1016-barendfruithof.htm
Aebi Schmidt Holding AG on Boardroom Alpha
Document
Aebi Schmidt Holding AG
Lindbergh-Allee 1 | CH-8152 Glattpark
EXHIBIT 10.16



Barend Fruithof
[Redacted]
Glattpark, 4 December 2025
Subject: compensation adjustment and targets 2026

Dear Barend,

As discussed and formally approved during the recent Board of Directors meeting on December 2nd, we are pleased to inform your salary adjustment, effective as of January 1st, 2026.

Your new total annual compensation will be CHF 2’100’000, divided into the following components:

Base salary:     CHF 1’000’000
Cash bonus:     CHF 600’000
Equity bonus:     CHF 500’000

Additionally, your cash bonus targets for 2026 are defined as follows:

Adjusted EBITDA < USD 160m = no bonus payment
Adjusted EBITDA > USD 160m = CHF 300’000
Adjusted EBITDA > USD 180m = CHF 600’000
Adjusted EBITDA > USD 200m = CHF 800’000
Adjusted EBITDA > USD 220m = CHF 1’000’000 (cap)

We sincerely appreciate your continued dedication and commitment to the success of our company.


Best regards,



/s/ Andreas Rickenbacher
Andreas Rickenbacher
Chairman HR Committee

/s/ Thomas Schenkirsch
Thomas Schenkirsch
Chief Group Services


Disclaimer

The opinions and information contained herein have been obtained or derived from sources believed to be reliable, but Boardroom Alpha cannot guarantee its accuracy and completeness, and that of the opinions based thereon.

This report contains opinions and is provided for informational purposes only – it does not constitute investment, legal or tax advice. You should not rely solely upon the research herein for purposes of transacting securities or other investments, and you are encouraged to conduct your own research and due diligence, and to seek the advice of a qualified securities professional before you make any investment.

None of the information contained in this report constitutes, or is intended to constitute a recommendation by Boardroom Alpha of any particular security or trading strategy or a determination by Boardroom Alpha that any security or trading strategy is suitable for any specific person. To the extent any of the information contained herein may be deemed to be investment advice, such information is impersonal and not tailored to the investment needs of any specific person.

No representation or warranty, expressed or implied, is made on behalf of Boardroom Alpha as to the accuracy or completeness of the information contained herein. Boardroom Alpha does not accept any liability for any direct, indirect or consequential loss or damage suffered by any person as a result of relying on all or any part of this research and any liability is expressly disclaimed.

Full disclaimer