SemiLEDs Corporation

09/28/2021 | Press release | Distributed by Public on 09/28/2021 04:24

Submission of Matters to a Vote of Security Holders (Form 8-K)

Submission of Matters to a Vote of Security Holders.

On September 24, 2021, the Company held its Annual Meeting of Stockholders. At the Annual Meeting, holders of the Company's common stock voted on three proposals: (1) election of five directors to hold office until the 2022 Annual Meeting of Stockholders; (2) ratification of the appointment of KCCW accountancy Corp as the Company's independent registered public accounting firm for the fiscal year ending August 31, 2021; and (3) advisory vote on compensation of the Company's named executive officers.

The final votes cast on the three proposals were as follows:

Proposal 1:

The following individuals were elected to serve as directors for a one-year term ending with the 2022 Annual Meeting of Stockholders by the votes set forth in the following table:

Votes For

Votes Withheld

Broker

Non-Votes

Trung T. Doan

1,707,557

6,364

823,647

Walter Michael Gough

1,707,965

5,956

823,647

Dr. Edward Hsieh

1,707,357

6,564

823,647

Roger Lee

1,707,752

6,169

823,647

Scott R. Simplot

1,699,622

14,299

823,647

Proposal 2:

The appointment of KCCW Accountancy Corp as the Company's independent registered public accounting firm for the fiscal year ending August 31, 2021 was ratified by the votes set forth in the following table:

Votes For

Votes Against

Abstain

Broker

Non-Votes (1)

2,524,756

4,362

8,450

0

(1)

This proposal constituted a routine matter. Therefore, brokers were permitted to vote on this proposal without receipt of instructions from beneficial owners.

Proposal 3:

The stockholders approved, on an advisory (non-binding) basis, the compensation of the Company's named executive officers, by the votes set forth in the following table:

Votes For

Votes Against

Abstain

Broker

Non-Votes

1,697,112

8,893

7,916

823,647

2