Mar 23, 2018SAN DIEGO
Qualcomm products mentioned within this press release are offered by Qualcomm Technologies, Inc. and/or its subsidiaries.
Qualcomm Incorporated (NASDAQ: QCOM) today held its 2018 Annual Meeting of Stockholders (the “Annual Meeting”), and announced that based on the preliminary vote count by its proxy solicitor, subject to the Inspectors of Election’s report, all 10 of Qualcomm’s Director nominees have been re-elected to the Qualcomm Board of Directors: Barbara T. Alexander, Jeffrey W. Henderson, Thomas W. Horton, Ann M. Livermore, Harish Manwani, Mark D. McLaughlin, Steve Mollenkopf, Clark T. “Sandy” Randt, Jr., Francisco Ros, and Anthony J. Vinciquerra.
In addition, based on the advice of our proxy solicitor and subject again to the Inspectors of Election’s report, Proposal 2, the ratification of PricewaterhouseCoopers LLP as the Company’s auditors; Proposal 3, regarding advisory approval of the Company’s executive compensation; Proposal 4, regarding the approval of the amendment to the Company’s Employee Stock Purchase Plan to increase the share reserve by 30,000,000 shares; and Proposals 5, 6 and 7, regarding the approval of amendments to the Company’s Restated Certificate of Incorporation, as amended, have been approved. Lastly, Proposal 8, the stockholder proposal to undo certain amendments to the Company’s Amended and Restated Bylaws, has not been approved.
The vote is subject to certification by the independent Inspector of Election for the Annual Meeting. Final voting results of the Annual Meeting will be included in a Current Report on Form 8-K which the Company will file with the Securities and Exchange Commission (SEC) within four (4) business days of the Annual Meeting, at which time it will become available at www.qualcomm.com and www.sec.gov.
Qualcomm invents breakthrough technologies that transform how the world connects and communicates. When we connected the phone to the Internet, the mobile revolution was born. Today, our inventions are the foundation for life-changing products, experiences, and industries. As we lead the world to 5G, we envision this next big change in cellular technology spurring a new era of intelligent, connected devices and enabling new opportunities in connected cars, remote delivery of health care services, and the IoT — including smart cities, smart homes, and wearables. Qualcomm Incorporated includes our licensing business, QTL, and the vast majority of our patent portfolio. Qualcomm Technologies, Inc., a subsidiary of Qualcomm Incorporated, operates, along with its subsidiaries, all of our engineering, research and development functions, and all of our products and services businesses, including, our QCT semiconductor business. For more information, visit Qualcomm’s website, OnQ blog, Twitter and Facebook pages.