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Sanmina (SANM) investor relations material
Sanmina AGM 2026 summary
Complete event summary combining all related documents: earnings call transcript, report, and slide presentation.Opening remarks and agenda
Meeting called to order with all independent directors and auditors present.
Inspector of Election and procedural details introduced, confirming quorum and voting process.
Shareholder proposals
Five proposals presented: election of directors, auditor ratification, executive compensation approval, equity plan share reservation, and a shareholder proposal for an independent board chairman.
Board recommended voting for the first four proposals and against the shareholder proposal.
Shareholder proposal advocated for separating CEO and chairman roles, citing governance and responsiveness concerns.
Criticism raised over board's response to prior shareholder-approved special meeting rights, citing restrictive measures.
Additional arguments highlighted the use of 'poison pills' to limit shareholder rights.
Emphasis placed on the need for an independent chairman to enhance accountability.
Overview of voting outcomes
All directors reelected.
Auditor appointment ratified for 2026.
Executive compensation approved on a non-binding basis.
Additional shares reserved for the equity incentive plan approved.
Shareholder proposal for independent chairman not approved.
- Board leadership review policy amended and major acquisition approved after special meetings.SANM
Proxy Filing25 Feb 2026 - Q1 revenue $3.19B, EPS $2.38, strong AI/cloud growth, ZT Systems integration on track.SANM
Q1 20262 Feb 2026 - Q3 revenue was $1.84B; Q4 and FY25 outlooks signal growth as demand stabilizes.SANM
Q3 20242 Feb 2026 - Strong sector diversification, cloud/AI focus, and India JV drive growth and margin expansion.SANM
BofA Securities 2024 Global Technology Conference1 Feb 2026 - Strong financial results, board refreshment, and robust governance with a focus on ESG.SANM
Proxy Filing23 Jan 2026 - Key votes include director elections, auditor ratification, and executive pay decisions.SANM
Proxy Filing23 Jan 2026 - Q4 results beat expectations; FY25 set for growth, margin expansion, and strong cash returns.SANM
Q4 202417 Jan 2026 - Q1 revenue up 7% to $2.01B, with strong EPS, cash flow, and a $300M share repurchase plan.SANM
Q1 20259 Jan 2026 - Q2 FY25 revenue up 8.1% to $1.98B, strong cash flow, and positive FY25 outlook.SANM
Q2 24/2524 Dec 2025
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