Acacia Research (ACTG) AGM 2026 summary

Opening remarks and agenda

• The meeting was called to order virtually, enabling global shareholder participation and electronic voting.

• Jennifer Graff was appointed as secretary, and Marlene Aguilar as Inspector of Election.

• The agenda and rules of conduct were made available to attendees, with customer support for technical issues.

Board and executive committee updates

• Five directors were nominated for election to serve until the 2027 annual meeting.

• Jeff Ramin did not stand for re-election due to personal reasons and other board commitments.

• The board is searching for a new independent director, maintaining a majority of independent directors.

• Ajay Sundar, a Starboard Value representative, was not recommended for re-election but may be reappointed with a new independent director.

Shareholder proposals

• Three proposals were presented: election of directors, ratification of Grant Thornton LLP as auditor, and advisory approval of executive compensation.

• Motions for each proposal were received and seconded in writing.