Kulicke and Soffa Industries (KLIC) AGM 2026 summary

Opening remarks and agenda

• Welcomed shareholders to the 64th annual meeting, held virtually to increase inclusivity and participation.

• Outlined the meeting agenda, including director elections, auditor ratification, and an advisory vote on executive compensation.

• Noted that the meeting would be recorded and made available online for a limited time.

Board and executive committee updates

• Introduced the board of directors and highlighted the nomination of Peter T. Kong and Jon A. Olson for re-election until 2027.

• Appointed Peter Deskovic as Judge of Election and confirmed quorum presence.

Financial performance review

• Addressed recent challenges in the semiconductor assembly market, including reduced investments, but noted improving demand and near-term visibility.

• Emphasized ongoing investments in technology and alignment with advanced packaging, dispense, and power semiconductor transitions.

• Highlighted strong market position and expansion in thermal compression and vertical wire technologies.

• Launched the ACELON Advanced Dispense System to address new market needs and continued support for power semiconductor advancements.

• Announced plans to flex manufacturing capacity in fiscal 2026 in response to market rebound.