AXT was incorporated in California in December 1986 and was reincorporated in Delaware in May 1998.

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AXT went public on May 20, 1998, issuing 2.5 million shares for $10 per share. The offering was lead by Prudential Securities and co-lead by SG Cowen and Company.

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AXT offered approximately 2.2 million shares and a selling shareholder offered 20,000 shares on September 20, 2000 at $34.25 per share. The lead underwriter was Prudential Volpe Technology and the co-leads were CIBC World Markets, Wit Soundview, ABN AMRO Rothchild and Pacific Crest Securities.

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AXT common stock is currently traded on the Nasdaq Global market under the symbol AXTI

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The transfer agent and registrar for AXT's common stock is Broadridge Corporate Issuer Solutions, Inc. Their phone number is (877) 830-4936. The website for Broadridge Corporate Issuer Solutions, Inc. is www.broadridge.com.

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All questions regarding the ownership of AXT stock should be addressed to our transfer agent, Registrar and Transfer Company.

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Please contact a registered broker.

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Currently AXT does not pay a dividend as all profits are reinvested into the company. Hence there is no dividend reinvestment plan.

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AXT is listed under the SIC code number 3674, Electronic Components.

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The CUSIP number for AXT is 00246W103.

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Wilson Sonsini Goodrich & Rosati is AXT's outside legal counsel.

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Burr, Pilger & Mayer LLP is AXT's independent auditors.

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You can reach the Investor Relations department by calling (650) 312- 9060 or by sending an email to leslie@greencommunicationsllc.com. Please feel free to call if you have any questions.

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