ANSYS (ANSS) AGM 2024 summary

Opening remarks and agenda

• The meeting was called to order by the CEO, who welcomed stockholders and introduced the board and senior management team.

• The agenda and meeting guidelines were made available online, and the process for submitting questions was explained.

Financial performance review

• Annual contract value grew by 13% in 2023, marking another strong year.

• Optimism was expressed regarding the future, especially in light of the announced merger with Synopsys.

Board and executive committee updates

• Three directors, Jim Frankola, Alec Gallimore, and Ron Hovsepian, were nominated for re-election for one-year terms.

• The full board and senior management team were introduced, including key executives and representatives from Deloitte & Touche LLP.