The annual proxy for this manufacturer of semiconductor processing equipment had the following proposals:
- Proforma proposals on directors, appointment of auditors, and “say-on-pay” advisory vote
Magni voted for proforma proposals:
- Directors – The disclosures in the proxy meet the criteria in Magni’s policy on election of directors.
- Auditors – The company meets the criteria in Magni’s policy on auditor ratification.
- “Say-on-pay” – The disclosures in the proxy meet the criteria in Magni’s policy on the advisory vote.