Summary by Moomoo AI
Arm Holdings held its 2024 Annual General Meeting on September 11, 2024, where all proposed resolutions were approved by shareholders. Notable board changes included the retirement of Anthony M. Fadell as director, and the election of Young Sohn as a new independent director. The company's shareholders also approved the 2024 Employee Stock Purchase Plan.In connection with the AGM, Ronald D. Fisher stepped down from the Audit Committee, with Young Sohn appointed to fill the vacancy. The Board has confirmed Sohn's status as an independent director under Nasdaq listing rules. All other serving directors were successfully re-elected, including CEO Rene Haas and Chairman Masayoshi Son.The meeting also saw the approval of key governance matters, including the appointment of Deloitte LLP as auditors, the directors' remuneration policy and report, and the financial statements for the year ended March 31, 2024.
