Synopsys said its stockholders approved the amended 2006 Employee Equity Incentive Plan at the company's annual meeting held on April 10, 2024. The amendments include an increase of 3,400,000 shares of common stock available for issuance and the elimination of the plan's term.

1. 01

   Synopsys said its stockholders approved the amended 2006 Employee Equity Incentive Plan at the company's annual meeting held on April 10, 2024. The amendments include an increase of 3,400,000 shares of common stock available for issuance and the elimination of the plan's term.

2. 02

   The company reported that the amended plan proposal received 116,209,481 votes for, 6,832,835 against, 132,916 abstentions and 12,057,526 broker non-votes. It said incentive stock options may be granted without stockholder approval until the 10-year anniversary of the Board's approval.

3. 03

   Synopsys said its stockholders elected 11 directors. Aart J. de Geus received 118,340,281 votes for and 4,551,799 against, and Bruce R. Chizen received 98,123,574 votes for and 24,373,498 against.

4. 04

   The company said a stockholder proposal requiring an independent board chair was not approved, with 40,198,947 votes for and 82,612,726 against. Stockholders approved the selection of KPMG LLP as independent registered public accounting firm for the fiscal year ending November 2, 2024, with 126,718,708 votes for.

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Original filing

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