Kulicke and Soffa Industries (KLIC) Proxy Filing summary

Executive summary

• Annual meeting scheduled for March 4, 2026, with virtual attendance and voting options by internet, phone, or mail.

• Key proposals include election of two directors, ratification of PwC as auditor, and advisory vote on executive compensation.

• Board recommends voting in favor of all proposals; record date for voting is December 8, 2025.

• Share repurchase programs continued, with $96.5 million spent on buybacks in fiscal 2025.

Voting matters and shareholder proposals

• Shareholders will vote on electing Peter T. Kong and Jon A. Olson as directors until 2027.

• Ratification of PricewaterhouseCoopers LLP as independent auditor for fiscal 2026.

• Advisory (non-binding) vote on executive compensation for named executive officers.

• Shareholder proposals for the 2027 meeting must be submitted by September 24, 2026.

Board of directors and corporate governance

• Board declassification is being phased in, with annual elections for all directors by 2029.

• Board leadership is independent, with the chairman not serving as an executive officer.

• All directors are independent per Nasdaq and SEC standards; board met seven times in 2025.

• Three standing committees: Audit, Management Development and Compensation, and Nominating and Governance.

• Stock ownership guidelines in place for directors and executives.