Firsthand Technology Value Fund shareholders reject proposal to terminate advisory agreements

Firsthand Technology Value Fund, Inc.

Director Nicholas Petredis received 1,063,251 votes for, 1,983,565 withheld; elected despite broker non-votes.
Ratification of Tait, Weller & Baker LLP as auditor passed: 3,432,767 for, 1,314,125 against, 308,883 abstain.
Binding proposal to terminate investment advisory and management agreements failed; 2,102,395 for, 867,822 against, 2,007,959 broker non-votes.
Quorum of 5,054,775 shares (73.3% of 6,893,056 outstanding) represented at the May 25, 2022 annual meeting.

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