Summary by Moomoo AI
Super Micro Computer, Inc. held its Annual Meeting of Stockholders on January 22, 2024, where several key proposals were voted upon. The stockholders approved the amended and restated Super Micro Computer, Inc. 2020 Equity and Incentive Compensation Plan, which allows for various forms of equity-based compensation and cash awards. The plan, effective the same day, has a total of 8,500,000 shares available for awards and will expire on January 22, 2034. Additionally, three Class II Directors were elected to serve until the annual meeting following fiscal year 2026. The non-binding advisory resolution on executive compensation and the ratification of Ernst & Young LLP as the independent registered public accounting firm for the fiscal year ending June 30, 2024, were also approved. The meeting concluded with the approval of the further amendment and restatement of the Equity and Incentive Compensation Plan.