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Extreme Networks, Inc. (NASDAQ:EXTR) reported the results of its annual meeting of stockholders held Wednesday, according to a statement based on a Securities and Exchange Commission filing.
At the meeting, stockholders voted on four proposals. Seven nominees were elected to the board of directors for one-year terms. The elected directors are Ingrid J. Burton, Charles P. Carinalli, Kathleen M. Holmgren, Edward H. Kennedy, Rajendra Khanna, Edward B. Meyercord, and John C. Shoemaker. The number of votes in favor for each director ranged from approximately 85.3 million to 101.6 million, with votes withheld ranging from about 2.6 million to 19 million.
Stockholders also approved, on an advisory basis, the compensation of the company’s named executive officers. The measure received roughly 97.9 million votes in favor, 5.7 million against, and 566,205 abstentions.
In addition, the appointment of Grant Thornton LLP as the company’s independent auditor for the fiscal year ending June 30, 2026 was ratified, with about 116.6 million votes in favor, 60,129 against, and 494,202 abstentions.
Finally, shareholders approved an amendment and restatement of the company’s 2013 Equity Incentive Plan, which includes the addition of 6.8 million shares of common stock reserved for issuance under the plan. This proposal received approximately 89 million votes in favor, 14.7 million against, and 554,666 abstentions.
The company reported that 117,132,707 shares were voted in person or by proxy out of 133,652,565 shares entitled to vote.
All information is based on a press release statement and the company’s SEC filing.
In other recent news, Extreme Networks Inc. reported strong financial results for the first quarter of fiscal year 2026. The company exceeded analyst expectations with an earnings per share of $0.22, surpassing the forecast of $0.20. Additionally, Extreme Networks achieved a revenue of $310.2 million, which was higher than the anticipated $290.89 million. These results highlight the company’s robust performance in the recent quarter. Meanwhile, Inseego Corp. announced the appointment of Nabil Bukhari and Stephen Bye to its Board of Directors, increasing the board’s size from six to eight members. Bukhari, who is currently the President of AI Platforms and CTO at Extreme Networks, brings valuable experience in SaaS platforms and cloud-based networking products. These recent developments reflect ongoing strategic efforts and financial achievements within both companies.
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