CORNING INC /NY — fact timeline

CORNING INC /NY issued up to 3 million shares of Common Stock of warrant to NVIDIA Corporation for aggregate purchase price of $500 million.

“On May 6, 2026, in connection with the long-term partnership with NVIDIA Corporation (“NVIDIA”) described in Item 7.01 below, Corning Incorporated (the “Company”) entered into a securities purchase agreement (the “Purchase Agreement”) with NVIDIA pursuant to which the Company issued and sold to NVIDIA (i) a warrant (the “Traditional Warrant”) to purchase up to 15 million shares of common stock of the Company, par value $0.50 per share (the “Common Stock”), at an exercise price of $180.00 per share, and (ii) a pre-funded warrant (the “Pre-Funded Warrant” and, together with the Traditional Warrant, the “Warrants”) to purchase up to 3 million shares of Common Stock at an exercise price of $0.0001 per share, for an aggregate purchase price of $500 million.”

CORNING INC /NY issued up to 15 million shares of Common Stock of warrant to NVIDIA Corporation for aggregate purchase price of $500 million.

“On May 6, 2026, in connection with the long-term partnership with NVIDIA Corporation (“NVIDIA”) described in Item 7.01 below, Corning Incorporated (the “Company”) entered into a securities purchase agreement (the “Purchase Agreement”) with NVIDIA pursuant to which the Company issued and sold to NVIDIA (i) a warrant (the “Traditional Warrant”) to purchase up to 15 million shares of common stock of the Company, par value $0.50 per share (the “Common Stock”), at an exercise price of $180.00 per share, and (ii) a pre-funded warrant (the “Pre-Funded Warrant” and, together with the Traditional Warrant, the “Warrants”) to purchase up to 3 million shares of Common Stock at an exercise price of $0.0001 per share, for an aggregate purchase price of $500 million.”

CORNING INC /NY shareholders rejected Shareholder Proposal Requesting Adoption of An Independent Chair Policy at the 2026-04-30 meeting.

“Proposal 4. Shareholder Proposal Requesting Adoption of An Independent Chair Policy: The shareholder proposal asking the Board of Directors to adopt a policy to require that the Chair of the Board be an independent director who has not previously served as an executive officer of the Company was not approved. Votes For Votes Against Abstain Broker Non-Votes 117,552,061 527,957,300 5,585,399 93,867,370”

CORNING INC /NY shareholders approved Ratification of the Appointment Independent Registered Public Accounting Firm at the 2026-04-30 meeting.

“Proposal 3. Ratification of the Appointment Independent Registered Public Accounting Firm: Ratified the appointment of PricewaterhouseCoopers LLP as the Company’s independent auditors for the year ending December 31, 2026. Votes For Votes Against Abstain Broker Non-Votes 713,266,444 30,785,993 909,693 -”

CORNING INC /NY shareholders approved Advisory Vote to Approve the Compensation of our Named Executive Officers (Say on Pay) at the 2026-04-30 meeting.

“Proposal 2. Advisory Vote to Approve the Compensation of our Named Executive Officers (Say on Pay): Approved, on an advisory basis (non-binding), the compensation of the Company’s named executive officers as described in detail in the Compensation Discussion and Analysis and the accompanying tables in our 2026 proxy statement. Votes For Votes Against Abstain Broker Non-Votes 610,434,132 38,800,367 1,860,261 93,867,370”

CORNING INC /NY shareholders approved Election of Directors at the 2026-04-30 meeting.

“Proposal 1. Election of Directors. Elected the following 10 individuals to the Board to serve as directors until the Annual Meeting of Shareholders in 2027 and until their successors have been duly elected and qualified: Name Votes For Votes Against Abstain Broker Non-Votes Ami Badani 648,303,262 1,812,118 979,380 93,867,370 Leslie A. Brun 646,325,596 3,904,263 864,901 93,867,370 Stephanie A. Burns 618,835,781 31,430,035 828,944 93,867,370 Pamela J. Craig 643,180,027 6,968,595 946,138 93,867,370 Robert F. Cummings, Jr. 626,172,716 24,001,312 920,732 93,867,370 Roger W. Ferguson, Jr. 632,412,768 17,441,172 1,240,820 93,867,370 Thomas D. French 646,839,232 3,352,403 903,125 93,867,370 Daniel P. Huttenlocher 643,436,920 6,756,069 901,771 93,867,370 Kevin J. Martin 629,310,099 20,885,469 899,192 93,867,370 Wendell P. Weeks 622,342,463 25,702,099 3,050,198 93,867,370”

CORNING INC /NY reported second-quarter 2026 results: revenue approximately $4.6 billion, EPS $0.73-$0.77. Guidance initiated.

“For the second quarter, management expects to grow core sales about 14% year over year to approximately $4.6 billion and core EPS about 25% year over year to a range of $0.73-$0.77.”

CORNING INC /NY reported first-quarter ended March 31, 2026 results: revenue $4.35 billion, net income $612 million, EPS $0.70.

“Incorporated (NYSE: GLW) today announced its first-quarter 2026 results and provided its outlook for second-quarter 2026. News Summary: • First-quarter core sales grew 18% to $4.35 billion, and core EPS grew 30% to $0.70 versus Q1-2025. • Robust demand for Gen AI products and the ramp of new solar products drove Q1 growth. • Optical Communications sales grew 36%,”

CORNING INC /NY incurred credit facility of $1,500,000,000 commitment amount, increaseable by up to $500,000,000 with Lenders party thereto and JPMorgan Chase Bank, N.A. as administrative agent at Term SOFR plus margin ranging from 0.690% to 1.125% or base rate plus margin ran maturing July 28, 2030, extendable by up to two additional one-year periods.

“Under the Credit Agreement, borrowings are available in dollars, sterling, yen and euros to Corning and any direct or indirect wholly-owned subsidiary of Corning in a maximum amount outstanding at any one time of $1,500,000,000 (the “Commitment Amount”). The Commitment Amount may be increased over the term by up to $500,000,000 subject to existing or new lenders committing to fund such increase. The rate of interest payable under the Credit Agreement, at Corning’s option, is equal to Term SOFR (or the Adjusted EURIBO Rate with respect to euro denominated advances, the Adjusted TIBO Rate in the case of yen denominated advances or the Adjusted Daily Simple SONIA Rate in the case of sterling denominated advances), or, with the Company’s consent, an alternate rate of interest should any of the foregoing rates cease to be available, plus a margin ranging from 0.690% to 1.125% or a base rate plus a margin ranging from 0.000% to 0.125%. The actual margin is adjustable based upon the debt rati”

Mark S. Wrighton retired as Director at CORNING INC /NY.

“On May 1, 2025, Deborah A. Henretta, retired Group President of Global E-Business, Procter & Gamble; Deborah D. Rieman, retired Executive Chairman, Metamarkets Group; and Mark S. Wrighton, Professor and Chancellor Emeritus, Washington University in St. Louis, retired from the Corning Incorporated (the “Company”) Board of Directors (the “Board”) after the May 1, 2025 Annual Meeting of Shareholders, and after 11, 25, and 16 years of service, respectively.”

Deborah D. Rieman retired as Director at CORNING INC /NY.

“On May 1, 2025, Deborah A. Henretta, retired Group President of Global E-Business, Procter & Gamble; Deborah D. Rieman, retired Executive Chairman, Metamarkets Group; and Mark S. Wrighton, Professor and Chancellor Emeritus, Washington University in St. Louis, retired from the Corning Incorporated (the “Company”) Board of Directors (the “Board”) after the May 1, 2025 Annual Meeting of Shareholders, and after 11, 25, and 16 years of service, respectively.”

Deborah A. Henretta retired as Director at CORNING INC /NY.

“On May 1, 2025, Deborah A. Henretta, retired Group President of Global E-Business, Procter & Gamble; Deborah D. Rieman, retired Executive Chairman, Metamarkets Group; and Mark S. Wrighton, Professor and Chancellor Emeritus, Washington University in St. Louis, retired from the Corning Incorporated (the “Company”) Board of Directors (the “Board”) after the May 1, 2025 Annual Meeting of Shareholders, and after 11, 25, and 16 years of service, respectively.”

John Z. Zhang was appointed as Executive Vice President and Chief Corporate Development Officer at CORNING INC /NY.

“On April 30, 2025, the Board of Directors appointed John Z. Zhang as Executive Vice President and Chief Corporate Development Officer effective immediately.”

Lewis A. Steverson was appointed as Vice Chairman, Executive Vice President and Chief Legal and Administrative Officer at CORNING INC /NY.

“On April 30, 2025, the Board of Directors appointed Lewis A. Steverson as Vice Chairman, effective immediately, in addition to his current role as Executive Vice President and Chief Legal and Administrative Officer.”

Avery H. (Hal) Nelson III was appointed as Executive Vice President and Chief Operating Officer at CORNING INC /NY.

“On April 30, 2025, the Board of Directors appointed Avery H. (Hal) Nelson III as (i) Executive Vice President of the Company effective immediately and (ii) Chief Operating Officer of the Company effective as the retirement date of Mr. Musser.”

Eric S. Musser departed as President and Chief Operating Officer at CORNING INC /NY.

“On April 30, 2025, Mr. Eric S. Musser, President and Chief Operating Officer, informed the Corning Incorporated (the “Company”) Board of Directors (the “Board of Directors”) that he will retire in mid-2025.”

Kurt M. Landgraf resigned as Director at CORNING INC /NY.

“On October 2, 2024, Hansel E. Tookes II and Kurt M. Landgraf informed the Board of Directors (the “Board”) of Corning Incorporated (the “Company”) of their intention to retire and resign from their positions as directors of the Board effective November 1, 2024, as part of the Company’s regular board refreshment process.”

Hansel E. Tookes II resigned as Director at CORNING INC /NY.

“On October 2, 2024, Hansel E. Tookes II and Kurt M. Landgraf informed the Board of Directors (the “Board”) of Corning Incorporated (the “Company”) of their intention to retire and resign from their positions as directors of the Board effective November 1, 2024, as part of the Company’s regular board refreshment process.”

CORNING INC /NY shareholders approved Ratification of the Appointment Independent Registered Public Accounting Firm at the 2024-05-02 meeting.

“Proposal 3. Ratification of the Appointment Independent Registered Public Accounting Firm: Ratified the appointment of PricewaterhouseCoopers LLP as the Company’s independent auditors for the year ending December 31, 2024. Votes For Votes Against Abstain Broker Non-Votes 720,462,828 28,681,733 1,142,282 -”

CORNING INC /NY shareholders approved Advisory Vote to Approve the Compensation of our Named Executive Officers (Say on Pay) at the 2024-05-02 meeting.

“Proposal 2. Advisory Vote to Approve the Compensation of our Named Executive Officers (Say on Pay): Approved, on an advisory basis (non-binding), the compensation of the Company’s named executive officers as described in detail in the Compensation Discussion and Analysis and the accompanying tables in our 2024 proxy statement. Votes For Votes Against Abstain Broker Non-Votes 580,645,392 79,823,314 2,749,835 87,068,302”

CORNING INC /NY shareholders approved Election of Directors at the 2024-05-02 meeting.

“Proposal 1. Election of Directors. Elected the following 14 individuals to the Board to serve as directors until the Annual Meeting of Shareholders in 2025 and until their successors have been duly elected and qualified: Name Votes For Votes Against Abstain Broker Non-Votes Leslie A. Brun 645,609,885 16,522,827 1,085,829 87,068,302 Stephanie A. Burns 640,103,510 22,050,461 1,064,570 87,068,302 Pamela J. Craig 650,179,230 11,992,055 1,047,256 87,068,302 Robert F. Cummings, Jr. 626,630,096 35,485,270 1,103,175 87,068,302 Roger W. Ferguson, Jr. 631,406,276 30,676,735 1,135,530 87,068,302 Thomas D. French 656,634,048 5,391,268 1,193,225 87,068,302 Deborah A. Henretta 645,814,426 16,221,851 1,182,264 87,068,302 Daniel P. Huttenlocher 655,241,864 6,816,206 1,160,471 87,068,302 Kurt M. Landgraf 627,172,587 34,893,134 1,152,820 87,068,302 Kevin J. Martin 629,658,180 32,388,636 1,171,725 87,068,302 Deborah D. Rieman 622,399,299 39,756,534 1,062,708 87,068,302 Hansel E. Tookes II 562,137,912 99,”

Stephanie A. Burns was appointed as Lead Independent Director at CORNING INC /NY.

“The Company’s independent directors appointed Stephanie A. Burns as Lead Independent Director, effective May 2, 2024.”

CORNING INC /NY reported first quarter ended March 31, 2024 results: revenue $2.98 billion, EPS $0.24.

“we are poised to deliver powerful incremental profit and cash flow and generate substantial shareholder value.” First-Quarter 2024 Financial Highlights: ● GAAP sales were $2.98 billion. Core sales were $3.26 billion. Year over year, GAAP and core sales declined by 6% and 3%, respectively. ● Profitability improved despite the lower sales, reflecting the”

CORNING INC /NY entered into Construction Agency Agreement with BA Leasing BSC, LLC (effective 2024-03-12).

“a Construction Agency Agreement (the “Construction Agency Agreement”) between ST and BAL; and 3. a Lease, Mortgage, Assignment of Leases and Rents, Security Agreement and Fixture Filing (the “Lease”) between ST”

CORNING INC /NY entered into Transaction Agreement with BA Leasing BSC, LLC, Bank of America, N.A., and the persons named on Schedule II thereto, as "Participant Interest Parties" valued at not to exceed $835 million (effective 2024-03-12).

“A Transaction Agreement (the “Transaction Agreement”) among ST, as Lessee and Construction Agent, BA Leasing BSC, LLC, as Lessor (“BAL”), Bank of America, N.A., not in its individual capacity, except as expressly stated therein, but solely as Administrative Agent (“BofA”), and the persons named on Schedule II thereto, as “Participant Interest Parties””

CORNING INC /NY entered into Lease, Mortgage, Assignment of Leases and Rents, Security Agreement and Fixture Filing with BA Leasing BSC, LLC valued at not to exceed $835 million (effective 2024-03-12).

“On March 12, 2024, Solar Technology LLC (“ST”), a wholly-owned subsidiary of Corning Incorporated (the “Company”) entered into certain agreements related to the construction and leasing of a planned manufacturing facility in Hemlock, Michigan”

CORNING INC /NY reported first-quarter 2024 results: revenue $3.1 billion, EPS $0.32 to $0.38. Guidance initiated.

“Management expects first-quarter core sales of approximately $3.1 billion and core EPS in the range of $0.32 to $0.38”

CORNING INC /NY reported full-year 2023 results: revenue $12.6 billion, EPS $0.68.

“10%, respectively. ● Cash flow continued to improve: GAAP operating cash flow was $713 million, and adjusted free cash flow was $487 million. Full-Year 2023: ● GAAP sales were $12.6 billion, down 11%. Core sales were $13.6 billion, down 8%. ● GAAP EPS was $0.68, and core EPS was $1.70. The difference between GAAP and core EPS primarily reflected constant currency”

CORNING INC /NY reported the fourth quarter ended December 31, 2023 results: revenue $3.0 billion, EPS $(0.05).

“GAAP and core gross margin each improved by more than 300 basis points year over year and cash generation significantly improved Company has an opportunity to add more than $3 billion in annualized sales and deliver strong incremental profit and cash flow as markets normalize Management expects first-quarter core sales of approximately $3.1 billion and core”

CORNING INC /NY reported financial results for third quarter ended September 30, 2023.

“The Corning Incorporated press release dated October 24, 2023 regarding its financial results for the third quarter ended September 30, 2023 is attached hereto as Exhibit 99.”

CORNING INC /NY: Amended and restated By-Laws to clarify and enhance procedural mechanics and disclosure requirements for shareholder proposals and director nominations (effective 2023-10-04).

“On October 4, 2023, the Company’s Board of Directors approved and adopted amended and restated By-Laws (the “Amended and Restated Bylaws”), effective October 4, 2023, to clarify and enhance the procedural mechanics and disclosure requirements of the Company’s advance notice procedures for shareholder proposals and shareholder-nominated director candidates.”

Lawrence McRae departed as vice chairman and corporate development officer at CORNING INC /NY.

“On October 3, 2023, Mr. Lawrence McRae, vice chairman and corporate development officer, informed the Corning Incorporated (the “Company”) Board of Directors that he will retire on December 31, 2023.”

CORNING INC /NY reported third quarter 2023 results: revenue approximately $3.5 billion. Guidance initiated.

“In the third quarter, management expects core sales of approximately $3.5 billion and core EPS to be about the same or slightly better than in the second quarter.”

CORNING INC /NY reported second quarter ended June 30, 2023 results: revenue $3.5 billion, net income $388, EPS $0.45.

“● Second-quarter GAAP sales were $3.2 billion, up 2% sequentially. Core sales were $3.5 billion, up 3% sequentially, driven by Display Technologies. GAAP and core sales were down year over year, reflecting continued lower demand in several markets. ● Second-quarter GAAP EPS was $0.33, up 65% sequentially. Core EPS of $0.45 increased $0.04, or 10%, from the prior quarter.”

CORNING INC /NY shareholders approved Advisory vote on the frequency of future say on pay votes.

“in a non-binding advisory vote held at the 2023 Annual Meeting, shareholders approved the frequency of future say on pay votes as set forth below: Votes For Every Year % Votes For Every Two Years % Votes For Every Three Years % Abstain Broker Non-Votes 630,428,367 97.65 1,327,851 .20 13,837,804 2.14 1,316,654 -”

Thomas D. French was elected as Director at CORNING INC /NY.

“On June 20, 2023, the Board of Directors of Corning Incorporated (the “Company”) elected Thomas D. French as a director of the Company and appointed him to the Audit Committee and the Corporate Responsibility and Sustainability Committee.”

CORNING INC /NY shareholders approved Advisory Vote on the Frequency with Which We Hold the Advisory Vote on Executive Compensation at the 2023-04-27 meeting.

“Proposal 4. Advisory Vote on the Frequency with Which We Hold the Advisory Vote on Executive Compensation: Votes For Every Year % Votes For Every Two Years % Votes For Every Three Years % Abstain Broker Non-Votes 630,428,367 97.65 1,327,851 .20 13,837,804 2.14 1,316,654 -”

CORNING INC /NY shareholders approved Ratification of the Appointment Independent Registered Public Accounting Firm at the 2023-04-27 meeting.

“Proposal 3. Ratification of the Appointment Independent Registered Public Accounting Firm: Ratified the appointment of PricewaterhouseCoopers LLP as the Company’s independent auditors for the year ending December 31, 2023.”

CORNING INC /NY shareholders approved Advisory Vote to Approve the Compensation of our Named Executive Officers (Say on Pay) at the 2023-04-27 meeting.

“Proposal 2. Advisory Vote to Approve the Compensation of our Named Executive Officers (Say on Pay): Approved, on an advisory basis (non-binding), the compensation of the Company’s named executive officers as described in detail in the Compensation Discussion and Analysis and the accompanying tables in our 2023 proxy statement.”

CORNING INC /NY shareholders approved Election of Directors at the 2023-04-27 meeting.

“Proposal 1. Election of Directors. Elected the following 15 individuals to the Board of Directors (the “Board”) of the Company to serve as directors until the Annual Meeting of Shareholders in 2024 and until their successors have been duly elected and qualified:”

CORNING INC /NY reported first quarter ended March 31, 2023 results: revenue $3.2 billion and $3.4 billion, EPS $0.20 and $0.41. Guidance initiated.

“First-Quarter 2023 Financial Performance: ● First-quarter GAAP sales were $3.2 billion, and core sales were $3.4 billion. Both GAAP and core sales declined 7% sequentially. o Display Technologies’ sales declined 3% sequentially as both volume and glass price declined slightly. Volume increased significantly in March as conditions in China improved and panel maker utilization resumed its recovery. o Optical Communications’ sales decreased 6% sequentially as pricing actions partially offset a greater-than-normal seasonal volume decline associated with the pacing of customer projects. o Environmental Technologies’ sales increased 9% sequentially. Increased gasoline particulate filter adoption helped drive the sequential improvement. ● First-quarter GAAP EPS was $0.20. Core EPS was $0.41 versus $0.47 for the prior quarter.”

CORNING INC /NY reported First-Quarter 2023 results: revenue $3.2 billion to $3.4 billion, EPS $0.35 to $0.42. Guidance initiated.

“For the first quarter, management expects core sales in the range of $3.2 billion to $3.4 billion and core EPS in the range of $0.35 to $0.42.”

CORNING INC /NY reported Full-Year 2022 results: revenue $14.8 billion, EPS $2.09.

“debt. ● Free cash flow for the quarter was $377 million. Full-Year 2022: ● For the full year, GAAP sales were $14.2 billion, up 1% year over year, and core sales were $14.8 billion, up 5%, versus a strong 2021. o Optical Communications’ annual sales surpassed $5 billion, reaching an all-time high. o Display Technologies maintained stable pricing year over”

CORNING INC /NY reported Fourth-Quarter 2022 results: revenue $3.6 billion, EPS $0.47.

“Fourth-quarter GAAP sales were $3.4 billion, and core sales were $3.6 billion.”

Stefan Becker was appointed as senior vice president, corporate controller and principal accounting officer at CORNING INC /NY.

“senior vice president Stefan Becker as corporate controller and designated him principal accounting officer, effective February 18, 2022.”

Edward A. Schlesinger was appointed as executive vice president and chief financial officer at CORNING INC /NY.

“Edward A. Schlesinger as executive vice president and chief financial officer and designated him principal financial officer, effective February 18, 2022.”

R. Tony Tripeny departed as executive vice president and chief financial officer at CORNING INC /NY.

“R. Tony Tripeny, executive vice president and chief financial officer, will relinquish the chief financial officer title effective February 18, 2022, as part of his plan to retire in March 2022 after a successful 36-year tenure with Corning.”