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Synopsys logoSynopsys SNPS

The company said its Board, acting on the recommendation of the Corporate Governance and Nominating Committee, amended and restated the company's amended and restated bylaws on March 25, 2024.

8-KAmendments to Articles of Incorporation or Bylaws; Change in Fiscal YearFiled Period of report Summary published (UTC)

Key points

AI summary
  1. The company said its Board, acting on the recommendation of the Corporate Governance and Nominating Committee, amended and restated the company's amended and restated bylaws on March 25, 2024.

  2. The company said the bylaws were updated so that the lead independent director is appointed by the independent directors of the Board, rather than the full Board.

  3. The company said the bylaws were updated so that the lead independent director serves until replaced by the independent directors of the Board, rather than the full Board.

  4. Synopsys said the full text of the amended and restated bylaws is attached as Exhibit 3.1 to this Form 8-K and incorporated by reference, and that its summary is qualified in its entirety by that text.

Summary

AI-written

Analysis scope · Filing bodyWe analyzed the filing body and confirmed exhibits. This is not a review of other exhibits, investor presentations or the full earnings call.

Amended and Restated Bylaws on March 25, 2024

The company said its Board, acting on the recommendation of the Corporate Governance and Nominating Committee, amended and restated the company's amended and restated bylaws on March 25, 2024.

Source · Based on the filing body and exhibits

Lead Independent Director Appointment Moved to Independent Directors

The company said the bylaws were updated so that the lead independent director is appointed by the independent directors of the Board, rather than the full Board.

Source · Based on the filing body and exhibits

Lead Independent Director Tenure and Replacement Moved to Independent Directors

The company said the bylaws were updated so that the lead independent director serves until replaced by the independent directors of the Board, rather than the full Board.

Source · Based on the filing body and exhibits

Full Text of Amended Bylaws Attached as Exhibit 3.1

Synopsys said the full text of the amended and restated bylaws is attached as Exhibit 3.1 to this Form 8-K and incorporated by reference, and that its summary is qualified in its entirety by that text.

Source · Based on the filing body and exhibits

AI summarized the filing and translated the summary into English; it may differ from the original. For reference only, not investment advice. AI translated the published Korean report into English. Figures are copied as filed, not recalculated.

Original filing

The filing as submitted to SEC EDGAR. You can check the figures and statements of this summary against it.

Source: SEC EDGAR (U.S. Securities and Exchange Commission). Item captions are the SEC's. The summary is for reference only and is not investment advice.