Microchip Technology holds annual meeting; stockholders approve ESPP plan term extensions and bylaw updates

On August 22, 2023, the Board approved an amendment and restatement of the Company’s bylaws to, among other things: • modify provisions relating to stockholder nominees for election as a director to address the universal proxy rules adopted by the Securities and Exchange Commission and to update procedural mechanics and disclosure requirements in connection with stockholder nominations of directors and submissions of proposals regarding other business at Microchip’s annual meeting of stockholders, including requiring additional information regarding proposing stockholders, proposed nominees and business, and other persons related to a stockholder’s solicitation of proxies; • revise certain procedures related to stockholder meetings to conform to the provisions of the Delaware General Corporation Law, as recently amended, including provisions relating to electronic delivery of notices, voting, proxies, quorum, communications regarding adjourned stockholder meetings, conduct of business

Proposal to approve, on an advisory (non-binding) basis, the compensation of our named executives - Approved . Votes For Votes Against Abstentions Broker Non Votes 428,673,086 34,579,590 6,663,042 34,306,726

Nominees Votes For Votes Against Abstentions Broker Non-Votes Matthew W. Chapman 443,737,818 25,846,709 331,577 34,306,340 Karlton D. Johnson 464,582,548 4,882,380 451,176 34,306,340 Wade F. Meyercord 416,951,600 52,673,954 290,550 34,306,340 Ganesh Moorthy 463,340,301 6,312,241 263,562 34,306,340 Robert A. Rango 467,516,669 1,925,267 474,168 34,306,340 Karen M. Rapp 392,249,863 77,397,667 268,574 34,306,340 Steve Sanghi 438,153,522 31,457,616 304,966 34,306,340

Proposal to approve an amendment and restatement of our 1994 IESPP to extend the term of the 1994 IESPP by ten years to November 30, 2034 - Approved . Votes For Votes Against Abstentions Broker Non Votes 434,919,791 34,707,535 288,392 34,306,726

Stockholder proposal requesting that our Board commission an independent third-party report, at reasonable expense and excluding proprietary information, on our due diligence process to determine whether our customers' use of our products contribute or are linked to violations of international law - Not Approved . Votes For Votes Against Abstentions Broker Non Votes 77,087,828 383,722,350 9,105,540 34,306,726

Proposal to approve an amendment and restatement of our 2001 ESPP to extend the term of the 2001 ESPP by ten years to August 31, 2034 - Approved . Votes For Votes Against Abstentions Broker Non-Votes 433,243,953 36,400,004 271,761 34,306,726

Proposal to approve, on an advisory (non-binding) basis, the frequency period of the advisory executive compensation vote to be held every one, two, or three years - Approved for 1 (One) Year. After consideration of the stockholder vote on Proposal 6 (below), the Board determined to hold an advisory (non-binding) vote on the compensation of our named executives every year. 1 Year 2 Years 3 Years Abstentions 461,130,354 396,462 3,526,407 4,862,495

Proposal to ratify the appointment of Ernst & Young LLP as the independent registered public accounting firm of Microchip for the fiscal year ending March 31, 2024 - Approved . Votes For Votes Against Abstentions Broker Non Votes 480,873,580 23,127,544 221,320 0