Applied Optoelectronics, Inc. conducted its 2024 Annual Meeting of Stockholders on June 6, 2024. At the meeting, a significant majority of the eligible shares were represented, with 66.57% in attendance. The stockholders voted on several key proposals. Two Class II Directors were elected, with William H. Yeh and Cynthia (Cindy) DeLaney securing their positions. The appointment of Grant Thornton LLP as the independent registered public accounting firm for the fiscal year ending December 31, 2024, was ratified with overwhelming support. Additionally, the compensation of the company's named executive officers was approved on an advisory basis, and it was decided to hold future advisory votes on executive compensation annually. A proposal to amend the 2021 Equity Incentive Plan, which included increasing the number of shares reserved for...Show More

Applied Optoelectronics, Inc. conducted its 2024 Annual Meeting of Stockholders on June 6, 2024. At the meeting, a significant majority of the eligible shares were represented, with 66.57% in attendance. The stockholders voted on several key proposals. Two Class II Directors were elected, with William H. Yeh and Cynthia (Cindy) DeLaney securing their positions. The appointment of Grant Thornton LLP as the independent registered public accounting firm for the fiscal year ending December 31, 2024, was ratified with overwhelming support. Additionally, the compensation of the company's named executive officers was approved on an advisory basis, and it was decided to hold future advisory votes on executive compensation annually. A proposal to amend the 2021 Equity Incentive Plan, which included increasing the number of shares reserved for issuance and the annual limits on the value of awards, was met with mixed results, with a majority voting against the increase. Lastly, the stockholders approved a portion of the award of performance-vesting restricted stock units granted to the CEO in June 2023, which exceeded the prior annual limit on the value of awards under the 2021 Equity Incentive Plan.