Silvaco shareholders approve director removal without cause; all 9 director nominees elected

Silvaco Group, Inc.

Stockholders approved amendment to certificate of incorporation to allow removal of directors without cause; effective May 28, 2025.
Board also adopted amended bylaws to eliminate 'for cause' requirement for director removal.
All nine Class 1 director nominees elected, including Babak Taheri, Anita Ganti, and Dr. Walden Rhines.
Vote: 24,057,623 for, 15,386 against on charter amendment; 83.61% of shares represented.

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