NVIDIA sets FY2023 executive variable comp targets tied to revenue; adopts majority vote standard for director elections

NVIDIA CORP

CEO Jen-Hsun Huang gets $2M target (200% base); other NEOs $250K-$650K based on FY2023 revenue.
Payouts range from 0% to 200% of target depending on threshold, base, or stretch revenue goals.
Board amended bylaws to require majority vote for uncontested director elections; plurality for contested.
Resignation policy for directors failing plurality vote remains unchanged; changes effective March 3, 2022.

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