MaxLinear adopts 2024 Inducement Plan, reserves 4M shares for new employee equity awards

MAXLINEAR, INC

Board adopted 2024 Inducement Equity Incentive Plan on May 22, 2024, without stockholder approval.
Plan reserves 4,000,000 shares of common stock for inducement grants to new employees.
Awards limited to individuals not previously employees or directors, as material inducement to employment.
Plan terms substantially similar to existing 2010 Equity Incentive Plan, compliant with Nasdaq inducement rule.

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