{"url_path":"/sec/oled/10-k/2026/item-15","section_key":"item-15","section_title":"Item 15 EXHIBITS AND FINANCIAL STATEMENT SCHEDULES","topic":"sec","document":{"doc_type":"10-K","doc_date":"2026-02-19","source_url":"https://www.sec.gov/Archives/edgar/data/1005284/0001193125-26-059371-index.html","accession_number":"0001193125-26-059371","cik":"0001005284","ticker":"OLED","issuer_name":"UNIVERSAL DISPLAY CORP \\PA\\","edgar_url":"https://www.sec.gov/Archives/edgar/data/1005284/0001193125-26-059371-index.html","primary_entity_key":"0001005284","primary_entity_name":"UNIVERSAL DISPLAY CORP \\PA\\"},"word_count":1495,"has_tables":true,"body_markdown":"ITEM 15. EXHIBITS AND FINANCIAL STATEMENT SCHEDULES\n\n(a) The following documents are filed as part of this report:\n\n(1) Financial Statements:\n\n[Management’s Report on Internal Control Over Financial Reporting](#managements_report_on_internal_control_o)\n\nF-2\n\n[Reports of Independent Registered Public Accounting Firm](#report_independent_registered_public_acc)\n\nF-3\n\n[Consolidated Balance Sheets](#consolidated_balance_sheets)\n\nF-6\n\n[Consolidated Statements of Income](#consolidated_statements_income)\n\nF-7\n\n[Consolidated Statements of Comprehensive Income](#consolidated_statements_comprehensive_in)\n\nF-8\n\n[Consolidated Statements of Shareholders’ Equity](#consolidated_statements_shareholders_equ)\n\nF-9\n\n[Consolidated Statements of Cash Flows](#consolidated_statements_cash_flows)\n\nF-10\n\n[Notes to Consolidated Financial Statements](#notes_to_consolidated_financial_statemen)\n\nF-11\n\n \n\n(2) Financial Statement Schedules:\n\nNone.\n\n(3) Exhibits:\n\nThe following is a list of the exhibits filed as part of this report. Where so indicated by footnote, exhibits that were previously filed are incorporated by reference. For exhibits incorporated by reference, the location of the exhibit in the previous filing is indicated parenthetically, together with a reference to the filing indicated by footnote.\n\nExhibit\nNumber\n\nDescription\n\n3.1\n\n[Amended and Restated Articles of Incorporation of the registrant (1)](https://www.sec.gov/Archives/edgar/data/0001005284/000156459018021028/oled-ex31_115.htm)\n\n3.2\n\n[Amended and Restated Bylaws of the registrant (2)](https://www.sec.gov/Archives/edgar/data/1005284/000112528204000782/ex3-2.txt)\n\n4\n\n[Description of Securities (3)](https://www.sec.gov/Archives/edgar/data/0001005284/000156459020005548/oled-ex4_162.htm)\n\n10.1#\n\n \n\n[Amended and Restated Change in Control Agreement between the registrant and Steven V. Abramson, dated as of November 4, 2008 (4)](https://www.sec.gov/Archives/edgar/data/1005284/000100528409000020/ex10_4.htm)\n\n10.2#\n\n \n\n[Amended and Restated Change in Control Agreement between the registrant and Julia J. Brown, dated as of November 4, 2008 (4)](https://www.sec.gov/Archives/edgar/data/1005284/000100528409000020/ex10_6.htm)\n\n10.3#\n\n \n\n[Amended and Restated Change in Control Agreement between the registrant and Janice K. Mahon, dated as of November 4, 2008 (4)](https://www.sec.gov/Archives/edgar/data/1005284/000100528409000020/ex10_7.htm)\n\n10.4#\n\n[Amended and Restated Change in Control Agreement between the registrant and Mauro Premutico, dated April 16, 2012 (5)](https://www.sec.gov/Archives/edgar/data/1005284/000100528412000072/ex10-1.htm)\n\n10.5#\n\n[Supplemental Executive Retirement Plan, dated as of April 1, 2010 (6)](https://www.sec.gov/Archives/edgar/data/1005284/000100528410000041/ex10-2.htm)\n\n10.6\n\n[1997 Amended License Agreement among the registrant, The Trustees of Princeton University and the University of Southern California, dated as of October 9, 1997 (7)](https://www.sec.gov/Archives/edgar/data/1005284/0000950115-98-000617.txt)\n\n10.7\n\n[Amendment #1 to the Amended License Agreement among the registrant, the Trustees of Princeton University and the University of Southern California, dated as of August 7, 2003 (8)](https://www.sec.gov/Archives/edgar/data/1005284/000095011603004391/ex10-53.txt)\n\n10.8\n\n[Amendment #2 to the Amended License Agreement among the registrant, the Trustees of Princeton University, the University of Southern California and the Regents of the University of Michigan, dated as of January 1, 2006 (9)](https://www.sec.gov/Archives/edgar/data/1005284/000112528206004777/p414371_ex10-1.htm)\n\n10.9\n\n \n\n[Amended and Restated OLED Materials Supply and Service Agreement between the registrant and PPG Industries, Inc., dated as of October 1, 2011 (10)](https://www.sec.gov/Archives/edgar/data/1005284/000100528411000102/ex10-4.htm)\n\n10.10+\n\n \n\n[Amended and Restated Amendment, dated February 20, 2024, to Amended and Restated OLED Materials Supply and Service Agreement, dated as of October 1, 2011, between the Registrant and PPG Industries, Inc.](https://www.sec.gov/Archives/edgar/data/1005284/000095017024018765/oled-ex10_10.htm)[(17)](https://www.sec.gov/Archives/edgar/data/1005284/000095017023058187/oled-ex10_1.htm)\n\n10.11#\n\n[Universal Display Corporation Annual Incentive Plan (11)](https://www.sec.gov/Archives/edgar/data/1005284/000095017023004086/oled-ex10_14.htm)\n\n10.12#\n\n[Form Agreement - Restricted Stock Unit Grant Letter (17)](https://www.sec.gov/Archives/edgar/data/1005284/000095017024018765/oled-ex10_12.htm)\n\n40\n\n \n\n10.13#\n\n[Form Agreement - Performance Stock Unit Grant Letter (17)](https://www.sec.gov/Archives/edgar/data/1005284/000095017024018765/oled-ex10_13.htm)\n\n10.14#\n\n[Universal Display Corporation 2014 Equity Compensation Plan (12)](https://www.sec.gov/Archives/edgar/data/1005284/000100528414000045/exhibita.htm)\n\n10.15#\n\n[Amendment 2015-1, dated March 3, 2015, to Universal Display Corporation Supplemental Executive Retirement Plan (13)](https://www.sec.gov/Archives/edgar/data/1005284/000100528415000033/ex992serpamendment.htm)\n\n10.16#\n\n \n\n[Amended and Restated Change in Control Agreement between the registrant and Brian Millard, dated as of September 6, 2022 (11)](https://www.sec.gov/Archives/edgar/data/1005284/000095017023004086/oled-ex10_23.htm)\n\n10.17#\n\n \n\n[Amendment to Amended and Restated Change in Control Agreement, dated May 31, 2023, between the registrant and Brian Millard (14)](https://www.sec.gov/Archives/edgar/data/1005284/000095017023025690/oled-ex99_1.htm)\n\n10.18#\n\n \n\n[Restricted Stock Grant Unit Agreement between the registrant and Brian Millard, dated as of September 6, 2022 (11)](https://www.sec.gov/Archives/edgar/data/1005284/000095017023004086/oled-ex10_24.htm)\n\n10.19+\n\n \n\n[OLED Patent License Agreement between UDC Ireland Limited and Samsung Display Co., Ltd., dated as of December 2, 2022 (11)](https://www.sec.gov/Archives/edgar/data/1005284/000095017023004086/oled-ex10_25.htm)\n\n10.20+\n\n \n\n[Supplemental OLED Material Purchase Agreement between UDC Ireland Limited and Samsung Display Co., Ltd., dated as of December 2, 2022 (11)](https://www.sec.gov/Archives/edgar/data/1005284/000095017023004086/oled-ex10_26.htm)\n\n10.21#\n\n \n\n[Universal Display Corporation 2023 Equity Compensation Plan (15)](https://www.sec.gov/Archives/edgar/data/1005284/000095017023013670/oled-20230419.htm)\n\n10.22#\n\n \n\n[UDC, Inc. Deferred Compensation Plan (16)](https://www.sec.gov/Archives/edgar/data/1005284/000095017023058187/oled-ex10_1.htm)\n\n19.1\n\n \n\n[Universal Display Corporation Employee Insider Trading Policy (17)](https://www.sec.gov/Archives/edgar/data/1005284/000095017025024151/oled-ex19_1.htm)\n\n19.2\n\n \n\n[Universal Display Corporation Officer, Director, Finance and Legal Employee Insider Trading Policy (17)](https://www.sec.gov/Archives/edgar/data/1005284/000095017025024151/oled-ex19_2.htm)\n\n21*\n\n[Subsidiaries of the registrant](oled-ex21.htm)\n\n23.1*\n\n[Consent of KPMG LLP](oled-ex23_1.htm)\n\n31.1*\n\n[Certifications of Steven V. Abramson, Chief Executive Officer, as required by Rule 13a-14(a) or Rule 15d-14(a)](oled-ex31_1.htm)\n\n31.2*\n\n[Certifications of Brian Millard, Chief Financial Officer, as required by Rule 13a-14(a) or Rule 15d-14(a)](oled-ex31_2.htm)\n\n32.1**\n\n[Certifications of Steven V. Abramson, Chief Executive Officer, as required by Rule 13a-14(b) or Rule 15d-14(b), and by 18 U.S.C. Section 1350. (This exhibit shall not be deemed “filed” for purposes of Section 18 of the Securities Exchange Act of 1934, as amended, or otherwise subject to the liability of that section. Further, this exhibit shall not be deemed to be incorporated by reference into any filing under the Securities Act of 1933, as amended, or the Securities Exchange Act of 1934, as amended.)](oled-ex32_1.htm)\n\n32.2**\n\n[Certifications of Brian Millard, Chief Financial Officer, as required by Rule 13a-14(b) or Rule 15d-14(b), and by 18 U.S.C. Section 1350. (This exhibit shall not be deemed “filed” for purposes of Section 18 of the Securities Exchange Act of 1934, as amended, or otherwise subject to the liability of that section. Further, this exhibit shall not be deemed to be incorporated by reference into any filing under the Securities Act of 1933, as amended, or the Securities Exchange Act of 1934, as amended.)](oled-ex32_2.htm)\n\n97#\n\n \n\n[Universal Display Corporation Compensation Recoupment Policy (18)](https://www.sec.gov/Archives/edgar/data/1005284/000095017024018765/oled-ex97.htm)\n\n101.INS*\n\nInline XBRL Instance Document – the instance document does not appear in the Interactive Data File because its XBRL tags are embedded within the Inline XBRL document\n\n101.SCH*\n\nInline XBRL Taxonomy Extension Schema with Embedded Linkbase Documents (Calculation; Definition; Label; Presentation)\n\n104\n\n \n\nThe cover page of this Annual Report on Form 10-K for the year ended December 31, 2025, formatted in Inline XBRL (included in Item 101.INS)\n\n \n\nExplanation of footnotes to listing of exhibits:\n\n \n\n* Filed herewith.\n\n** Furnished herewith.\n\n# Management contract or compensatory plan or arrangement.\n\n+ Either (1) confidential treatment has been accorded to certain portions of this exhibit pursuant to Rule 406 under the Securities Act of 1933, as amended, or Rule 24b-2 under the Securities Exchange Act of 1934, as amended, or (2) portions of this exhibit have been omitted pursuant to Item 601(b)(10)(iv) of Regulation S-K promulgated by the SEC.\n\n(1)\nFiled as an Exhibit to the Quarterly Report on Form 10-Q for the quarter ended June 30, 2018, filed with the SEC on August 9, 2018.\n\n41\n\n \n\n(2)\nFiled as an Exhibit to the Annual Report on Form 10-K for the year ended December 31, 2003, filed with the SEC on March 1, 2004.\n\n(3)\nFiled as an Exhibit to the Annual Report on Form 10-K for the year ended December 31, 2019, filed with the SEC on February 20, 2020.\n\n(4)\nFiled as an Exhibit to the Annual Report on Form 10-K for the year ended December 31, 2008, filed with the SEC on March 12, 2009.\n\n(5)\nFiled as an Exhibit to the Quarterly Report on Form 10-Q for the quarter ended June 30, 2012, filed with the SEC on August 8, 2012.\n\n(6)\nFiled as an Exhibit to the Quarterly Report on Form 10-Q for the quarter ended March 31, 2010, filed with the SEC on May 10, 2010.\n\n(7)\nFiled as an Exhibit to the Annual Report on Form 10K-SB for the year ended December 31, 1997, filed with the SEC on March 31, 1998.\n\n(8)\nFiled as an Exhibit to the Quarterly Report on Form 10-Q for the quarter ended September 30, 2003, filed with the SEC on November 10, 2003.\n\n(9)\nFiled as an Exhibit to the Quarterly Report on Form 10-Q for the quarter ended June 30, 2006, filed with the SEC on August 9, 2006.\n\n(10)\nFiled as an Exhibit to the Quarterly Report on Form 10-Q for the quarter ended September 30, 2011, filed with the SEC on November 8, 2011.\n\n(11)\nFiled as an Exhibit to the Annual Report on Form 10-K for the year ended December 31, 2022, filed with the SEC on February 23, 2023.\n\n(12)\nFiled as Exhibit A to the Company's Definitive Proxy Statement for the 2014 Annual Meeting filed with the SEC on April 25, 2014.\n\n(13)\nFiled as an Exhibit to the Current Report on Form 8-K filed with the SEC on March 9, 2015.\n\n(14)\nFiled as an Exhibit to the Current Report on Form 8-K filed with the SEC on June 1, 2023.\n\n(15)\nFiled as Annex A to the Company's Definitive Proxy Statement for the 2023 Annual Meeting filed with the SEC on April 20, 2023.\n\n(16)\nFiled as an Exhibit to the Current Report on Form 8-K filed with the SEC on November 2, 2023.\n\n(17)\nFiled as an Exhibit to the Annual Report on Form 10-K for the year ended December 31, 2024, filed with the SEC on February 20, 2025.\n\n(18)\nFiled as an Exhibit to the Annual Report on Form 10-K for the year ended December 31, 2023, filed with the SEC on February 22, 2024.\n\nNote: Any of the exhibits listed in the foregoing index not included with this report may be obtained, without charge, by writing to Mauro Premutico, Secretary, Universal Display Corporation, 250 Phillips Boulevard, Ewing, New Jersey 08618.\n\n(b) The exhibits required to be filed by us with this report are listed above.\n\n(c) The Consolidated Financial Statement schedules required to be filed by us with this report are listed above."}