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Super Micro Computer Shareholders Approve Key Proposals
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Super Micro Computer Shareholders Approve Key Proposals

Super Micro Computer (SMCI) has released an update to notify the public and investors about the submission of matters to a vote of security holders.

At the Annual Meeting, stockholders voted on and approved four proposals: the election of Judy Lin, Sara Liu, and Yih-Shyan (Wally) Liaw as Class II directors until the post-fiscal year 2026 meeting or until successors are chosen; a non-binding advisory resolution on executive officer compensation; the ratification of Ernst & Young LLP as the independent registered public accounting firm for the fiscal year ending June 30, 2024; and the amendment and restatement of the 2020 Equity and Incentive Compensation Plan. All proposals received a majority of votes in favor, with varying numbers of votes withheld or against and broker non-votes recorded for each.

For further insights into SMCI corporate activity, check out TipRanks’ Insiders Trading Activity page.

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