Synopsys shareholders approve 3.4M share increase to equity plan; reject independent chair proposal

SYNOPSYS INC

Stockholders approved amendment to 2006 Employee Equity Incentive Plan, increasing share pool by 3,400,000 shares.
Amended plan eliminates term; ISOs may be granted without further stockholder approval for 10 years.
All 11 director nominees elected; stockholder proposal for independent board chair defeated (40.2M for, 82.6M against).
Advisory say-on-pay passed (113.9M for, 9.0M against) and KPMG ratified as auditor for FY2024.

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