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Get filing alertsApplied Materials completes routine annual meeting, elects directors and ratifies auditor
Filed March 13, 2026 · Period ending March 12, 2026 · ~1 min read
Key Changes
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All ten director nominees elected to one-year terms, including CEO Gary Dickerson and nine independent directors, maintaining board continuity.
Item 5.07 verify on EDGAR → -
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Shareholders approved executive compensation on advisory basis with 93% support, signaling acceptance of management pay practices.
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KPMG ratified as independent auditor for fiscal 2026 with 93% approval, continuing existing audit relationship.
Item 5.07 verify on EDGAR →
Summary
Applied Materials held its annual shareholder meeting on March 12, 2026, completing standard corporate governance procedures. The meeting resulted in the election of all ten director nominees to one-year terms, including CEO Gary Dickerson and nine independent directors such as Aart de Geus and Rani Borkar.
Shareholders also provided advisory approval for executive compensation with strong support at 93%, and ratified KPMG as the company's auditor for fiscal 2026. For retail investors, this filing represents routine corporate housekeeping with no material business changes.
The strong shareholder support for both executive pay and the auditor selection suggests general satisfaction with management and governance practices. The board composition remains stable, providing continuity in oversight of the company's semiconductor equipment business. Investors should watch for the company's next quarterly earnings report for actual business performance updates, as annual meeting disclosures are procedural and backward-looking rather than indicative of future operational trends.
Section-by-Section Diff
Event · Item 5.07 — Submission of Matters to a Vote of Security Holders
Applied Materials held its annual shareholder meeting on March 12, 2026, electing ten directors, approving executive compensation, and ratifying KPMG as auditor.
Show 3 minor / wording changes
Added in current filing · verify on EDGAR →
Each of the ten nominees was elected to serve as a director for a one-year term and until he or she is succeeded by another qualified director who has been elected, or, if earlier, until his or her death, resignation or removal.
All ten director nominees were elected at the annual meeting held March 12, 2026. The directors include James R. Anderson, Rani Borkar, Judy Bruner, Xun (Eric) Chen, Aart J. de Geus, Gary E. Dickerson, Thomas J. Iannotti, Alexander A. Karsner, Kevin P. March, and Scott A. McGregor, each serving one-year terms.
Added in current filing · verify on EDGAR →
The compensation of the Company’s named executive officers, as disclosed in the Company’s Proxy Statement for the Annual Meeting, was approved on an advisory basis.
Shareholders approved the compensation of named executive officers for fiscal year 2025 on an advisory basis, with 552,486,796 votes for and 41,457,649 against. This non-binding say-on-pay vote indicates shareholder support for the company's executive compensation practices.
Added in current filing · verify on EDGAR →
The appointment of KPMG LLP as the Company’s independent registered public accounting firm for fiscal year 2026 was ratified.
Shareholders ratified the appointment of KPMG LLP as the independent auditor for fiscal year 2026, with 636,399,482 votes for and 46,823,436 against. This is a routine annual vote confirming the audit committee's selection of the external auditor.
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Figures/quotes linked to EDGAR · Narrative written by AI · Jun 4, 2026 · How we verify