Ciena (CIEN) AGM 2025 summary

Opening remarks and agenda

• Meeting convened virtually to enhance access, communication, and cost efficiency, with positive stockholder feedback on the format.

• Agenda included three proposals: election of directors, ratification of auditors, and advisory vote on executive compensation.

• Key company executives, independent auditors, and Inspector of Elections were introduced.

Shareholder proposals

• Election of two Class I directors for terms ending at the 2028 annual meeting, with Lawton W. Fitt and Devinder Kumar nominated.

• Ratification of PricewaterhouseCoopers as independent auditors for fiscal 2025.

• Advisory vote on named Executive Officer compensation, with reference to detailed proxy materials.

Overview of voting outcomes

• Both director nominees received majority approval and were elected.

• Ratification of auditors was approved by a majority of shares present.

• Advisory say-on-pay vote passed with majority approval; board will consider results in future compensation decisions.