Monolithic Power Systems said on November 19, 2025 the Board of Directors adopted and approved the Company's Amended and Restated Bylaws, effective immediately. The ownership threshold for stockholders to call a special meeting of stockholders was reduced from at least 30% to at least 25% of the outstanding shares of capital stock entitled to vote generally for the election of directors.

1. 01

   Monolithic Power Systems said on November 19, 2025 the Board of Directors adopted and approved the Company's Amended and Restated Bylaws, effective immediately. The ownership threshold for stockholders to call a special meeting of stockholders was reduced from at least 30% to at least 25% of the outstanding shares of capital stock entitled to vote generally for the election of directors.

2. 02

   The company said the Board considered the results of the 2025 annual meeting of stockholders, in which a non-binding stockholder proposal to set the ownership threshold at 10% was approved by the Company's stockholders.

3. 03

   Monolithic Power Systems said the Board considered feedback received from a majority in interest of the Company's top 10 stockholders, which indicated their support for an ownership threshold significantly higher than the 10% threshold approved on a non-binding basis at the annual meeting of stockholders. It added the Board also reviewed the current landscape of the Company's peers and other public companies, among other considerations.

4. 04

   The company said the foregoing description of the Amended Bylaws does not purport to be complete and is qualified in its entirety by reference to the full text of the Amended Bylaws, a copy of which is filed as Exhibit 3.1. The Amended and Restated Bylaws became effective on November 19, 2025.

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Original filing

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