Adeia (ADEA) Proxy Filing summary

Executive summary

• Annual Meeting scheduled for May 8, 2025, to be held virtually, with voting on director elections, executive compensation, and auditor ratification.

• 2024 revenue was $376.0 million, a 3% decrease from the prior year, with new and renewed licensing agreements across media and semiconductor sectors.

• Significant operational achievements include cost control, debt reduction, and patent portfolio growth.

Voting matters and shareholder proposals

• Shareholders will vote on electing seven directors, an advisory say-on-pay for executive compensation, and ratification of PricewaterhouseCoopers LLP as auditor.

• Board recommends voting FOR all proposals and nominees.

• Shareholder proposals for the 2026 meeting must be submitted by November 26, 2025.

Board of directors and corporate governance

• Board consists of seven members, with six independent directors and one CEO.

• Board committees: Audit, Compensation, and Nominating and Corporate Governance, all composed of independent directors.

• Board diversity includes three women and two members from underrepresented communities.

• Directors are encouraged to attend annual meetings; all attended in 2024.