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In a recent SEC filing, Kulicke & Soffa Industries Inc. (NASDAQ:KLIC) reported the outcomes of several key votes taken during its 2025 Annual Meeting of Shareholders held on March 5, 2025. The semiconductor equipment manufacturer detailed the election of a new board member, approval of an amendment to its incentive plan, ratification of its independent auditor, and a non-binding approval of executive compensation.
Shareholders elected Ms. Denise Dignam to the company’s board of directors, with 42,909,841 votes in favor, 2,064,816 withholdings, and 3,731,464 broker non-votes. Dignam is set to serve until the 2029 Annual Meeting of Shareholders.
Additionally, an amendment to Kulicke & Soffa’s 2021 Omnibus Incentive Plan received approval, with 41,086,840 votes for, 3,784,194 against, 103,623 abstentions, and the same number of broker non-votes as in the director’s election.
The appointment of PricewaterhouseCoopers LLP as the company’s independent registered public accounting firm for the fiscal year ending October 4, 2025, was ratified with an overwhelming majority of 48,287,385 votes for, 373,150 against, and 45,586 abstentions.
Furthermore, the overall compensation of the company’s named executive officers was approved on a non-binding basis, receiving 44,113,506 votes for, 802,758 against, 58,393 abstentions, and 3,731,464 broker non-votes.
This information is based on the official SEC filing by Kulicke & Soffa Industries Inc. and serves to inform shareholders and the public about the key decisions made during the company’s annual meeting.
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