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Credo Technology Group Holding Ltd (NASDAQ:CRDO) held its 2025 Annual General Meeting on Monday. According to a statement based on a SEC filing, shareholders voted on three proposals.
The first proposal was the election of three Class I directors to serve until the 2028 Annual General Meeting or until their earlier resignation or removal. William J. Brennan, Yat Tung Lam, and Chi Fung Cheng were each elected. The voting results were as follows: William J. Brennan received 118,615,321 votes for and 5,427,891 votes withheld; Yat Tung Lam received 117,425,587 votes for and 6,617,625 votes withheld; Chi Fung Cheng received 117,384,742 votes for and 6,658,470 votes withheld. There were 19,936,565 broker non-votes for each nominee.
The second proposal was a non-binding advisory vote to approve the compensation of the company’s named executive officers. This proposal was approved, with 116,591,772 votes in favor, 7,323,034 votes against, 128,406 abstentions, and 19,936,565 broker non-votes.
The third proposal was to ratify the appointment of Ernst & Young LLP as Credo Technology’s independent registered public accounting firm for the fiscal year ending May 2, 2026. This proposal was also approved, with 143,658,171 votes for, 50,606 votes against, and 271,000 abstentions.
Credo Technology Group Holding Ltd is incorporated in the Cayman Islands and its ordinary shares trade on The Nasdaq Stock Market under the symbol CRDO. The information in this article is based on a press release statement and a SEC filing.
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