AMPCO PITTSBURGH CORP — Form 10-Q

Ampco Pittsburgh updated its Non-Employee Director Compensation Policy (last amended May 8, 2026). The policy sets annual cash retainers at $60,000 for board service, with additional retainers for committee roles (Audit chair $22,500, member $10,000; Compensation chair $17,500, member $7,500; Nominating chair $10,000, member $5,000) and board chair $60,000. Directors receive annual equity awards valued at $80,000, vesting one year from grant. Directors may elect to receive 100% of the $60,000 base retainer as equity instead of cash. The policy specifies no material dollar changes from prior arrangements but formalizes procedural rules for equity elections and dispute resolution in Pennsylvania courts.