Super Micro Computer, Inc.
Super Micro Computer, Inc. Equity Plan Approved and Annual Meeting Results Disclosed
Summary
Super Micro Computer, Inc. disclosed that its stockholders approved the 2020 Equity and Incentive Compensation Plan at the Annual Meeting held on January 22, 2024. The plan, which authorizes the Compensation Committee to provide various forms of compensation, was further amended and restated effective January 22, 2024. Additionally, the meeting results showed approval for the election of three Class II Directors, a non-binding advisory resolution on executive officer compensation, and the ratification of Ernst & Young LLP as the Company's independent registered public accounting firm. A total of 8,500,000 shares of common stock are available for awards under the Plan.
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About Super Micro Computer, Inc.
Super Micro Computer, Inc. is a prominent player in the field of computing and technology hardware solutions. It specializes in designing, developing, and manufacturing high-performance, high-efficiency server technology, offering a broad range of server systems, motherboards, and embedded computing systems. Its products are integral to the functioning of data centers, cloud computing environments, enterprise IT, artificial intelligence applications, and 5G infrastructure. The company's expertise in energy-efficient, green computing solutions is notable, catering to a clientele that values sustainability alongside performance. Super Micro Computer, Inc. serves a global market acknowledging the growing demand for robust computing power and connectivity solutions. It supports various industries including telecommunications, healthcare, financial services, and entertainment, adapting to diverse computational needs. Founded in 1993 and headquartered in San Jose, California, Super Micro Computer, Inc. plays a crucial role in the expansion and advancement of the computing sector. By delivering innovative products and technology, the company contributes to the scalable and efficient data processing needs that underpin modern digital advancements.
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