Applied Optoelectronics shareholders approve 2M-share equity plan increase at special meeting

APPLIED OPTOELECTRONICS, INC.

Proposal 1: amendment to 2021 equity plan to increase reserved shares by 2,000,000 passed with 17,367,333 for, 3,864,045 against.
Proposal 2: adjournment proposal passed with 17,725,035 for, 3,459,469 against.
Special meeting held April 10, 2025; 42.76% of eligible shares (21,316,994 of 49,851,482) were represented.
Annual limits on award values under the plan will also increase per the approved amendment.

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