QuickLogic (QUIK) Proxy Filing summary

Executive summary

• Annual Meeting scheduled for May 8, 2025, with record date of March 10, 2025; 15,542,072 shares outstanding and entitled to vote.

• Four main proposals: election of two Class II directors, amendments to increase shares under the 2009 ESPP and 2019 Stock Plan, and ratification of a new independent auditor.

• Board recommends voting FOR all proposals; proxy materials distributed electronically to reduce costs and environmental impact.

Voting matters and shareholder proposals

• Election of Gary H. Tauss and Joyce Kim as Class II directors for three-year terms expiring in 2028.

• Amendment to 2009 ESPP to increase available shares by 200,000; amendment to 2019 Stock Plan to increase available shares by 1,100,000.

• Ratification of Frank, Rimerman + Co. LLP as independent auditor for fiscal year ending December 28, 2025.

• Board unanimously recommends FOR all proposals; voting can be done online, by phone, or by mail.

Board of directors and corporate governance

• Board consists of six members in three staggered classes; all but the CEO are independent per Nasdaq standards.

• Board leadership is separated between CEO and Chairman; standing committees include Audit, Compensation, and Nominating and Corporate Governance, all comprised of independent directors.

• Board and committees held regular meetings in 2024; all directors attended at least 75% of meetings.

• Policies allow shareholders meeting certain thresholds to recommend or nominate director candidates.