Arteris (AIP) Proxy Filing summary

Executive summary

• Achieved $57.7M in 2024 revenue, with over 3 billion SoCs shipped containing company IP; growth in SoC integration automation and entry into the microcontroller system IP market.

• Strong balance sheet and global customer support position the company to address economic and geopolitical challenges.

• Annual Meeting scheduled for June 3, 2025, to be held virtually.

Voting matters and shareholder proposals

• Election of two Class I directors (K. Charles Janac and S. Atiq Raza) to serve until 2028.

• Ratification of Deloitte & Touche LLP as independent registered public accounting firm for 2025.

• No other shareholder proposals are on the agenda; other business may be transacted as appropriate.

Board of directors and corporate governance

• Board consists of seven directors divided into three staggered classes; majority are independent under Nasdaq rules.

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

• Board met seven times in 2024; all directors attended at least 75% of meetings.

• Stock ownership guidelines require non-employee directors to hold stock valued at five times their annual cash retainer.

• Board diversity: one female, three Asian, one Hispanic/Latino/Latinx, one white, two undisclosed.