---
schema_version: "secwatch.filing_event.v1"
accession: "0001140361-23-025767"
form_type: "8-K"
ticker: "MX"
cik: "0001325702"
company_name: "MAGNACHIP SEMICONDUCTOR Corp"
filed_at: "2023-05-19T23:59:59+00:00"
generated_at: "2026-06-14T19:35:23.460276+00:00"
event_type: "other"
sentiment: "neutral"
materiality_score: 0.1
calibrated_materiality_score: 0.1
confidence: "high"
source: SEC EDGAR
---

# Magnachip shareholders elect all six director nominees at 2023 annual meeting

## Summary
- Elected six directors: Melvin Keating, YJ Kim, Ilbok Lee, Camillo Martino, Gary Tanner, Kyo-Hwa Chung.
- Advisory vote approved executive compensation: 24.8M for, 2.2M against, 832K abstain.
- Ratified Samil PwC as auditor for FY2023: 34.2M for, 268K against.
- Approved Amended and Restated 2020 Equity Plan: 23.9M for, 3.9M against.

## SEC filing metadata
- accession: 0001140361-23-025767
- form_type: 8-K
- ticker: MX
- cik: 0001325702
- company_name: MAGNACHIP SEMICONDUCTOR Corp
- filed_at: 2023-05-19T23:59:59+00:00
- event_type: other
- sentiment: neutral
- materiality_score: 0.1
- calibrated_materiality_score: 0.1
- confidence: high
- sec_items: 5.07
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1325702/000114036123025767/0001140361-23-025767-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1325702/000114036123025767/brhc20053238_8k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001140361-23-025767
- JSON: https://secwatch.observer/filing/0001140361-23-025767.json
- Plain text: https://secwatch.observer/filing/0001140361-23-025767.txt

## Key facts
- Shareholder Votes
  MAGNACHIP SEMICONDUCTOR Corp shareholders approved Ratification of the Appointment of Samil PricewaterhouseCoopers at the 2023-05-18 meeting.
  - Proposal: auditor ratification
  - Outcome: passed
  - Meeting: 2023-05-18
  source text: Proposal 3 – Ratification of the Appointment of Samil PricewaterhouseCoopers . The Company’s stockholders ratified the appointment of Samil PricewaterhouseCoopers as the Company’s independent registered public accounting firm for the fiscal year ending December 31, 2023. For Against Abstained 34,210,803 268,306 17,645 There were no broker non-votes with respect to Proposal 3.
  evidence_url: https://www.sec.gov/Archives/edgar/data/1325702/000114036123025767/0001140361-23-025767-index.htm
- Shareholder Votes
  MAGNACHIP SEMICONDUCTOR Corp shareholders approved Approval of Amended and Restated 2020 Equity and Incentive Compensation Plan at the 2023-05-18 meeting.
  - Proposal: equity plan
  - Outcome: passed
  - Meeting: 2023-05-18
  source text: Proposal 4 – Approval of Amended and Restated 2020 Equity and Incentive Compensation Plan . The Company’s stockholders approved the Company’s Amended and Restated 2020 Equity and Incentive Compensation Plan. For Against Abstained Broker Non-Votes 23,873,521 3,904,687 37,181 6,681,365
  evidence_url: https://www.sec.gov/Archives/edgar/data/1325702/000114036123025767/0001140361-23-025767-index.htm
- Shareholder Votes
  MAGNACHIP SEMICONDUCTOR Corp shareholders approved Advisory Vote on the Compensation of the Named Executive Officers at the 2023-05-18 meeting.
  - Proposal: say on pay
  - Outcome: passed
  - Meeting: 2023-05-18
  source text: Proposal 2 – Advisory Vote on the Compensation of the Named Executive Officers . The Company’s stockholders approved, on an advisory basis, the compensation of the Company’s named executive officers as disclosed in the Company’s 2023 proxy materials. For Against Abstained Broker Non-Votes 24,785,988 2,196,951 832,450 6,681,365
  evidence_url: https://www.sec.gov/Archives/edgar/data/1325702/000114036123025767/0001140361-23-025767-index.htm
- Shareholder Votes
  MAGNACHIP SEMICONDUCTOR Corp shareholders approved Election of Directors at the 2023-05-18 meeting.
  - Proposal: director election
  - Outcome: passed
  - Meeting: 2023-05-18
  source text: Proposal 1 – Election of Directors . The Company’s stockholders elected the following six directors to serve until the 2024 Annual Meetings of Stockholders and until their respective successors are elected and qualified. For Withheld Broker Non-Votes Melvin L. Keating 19,237,049 8,578,340 6,681,365 Young-Joon (YJ) Kim 25,791,174 2,024,215 6,681,365 Ilbok Lee 23,727,126 4,088,263 6,681,365 Camillo Martino 24,972,515 2,842,874 6,681,365 Gary Tanner 20,176,625 7,638,764 6,681,365 Kyo-Hwa (Liz) Chung 25,798,282 2,017,107 6,681,365
  evidence_url: https://www.sec.gov/Archives/edgar/data/1325702/000114036123025767/0001140361-23-025767-index.htm

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.