Power Integrations (POWI) AGM 2026 summary

Opening remarks and agenda

• Meeting called to order at 8:00 A.M. Pacific Time, with introductions of executive team, board members, and external auditor present.

• Outgoing board members Balu Balakrishnan and Nick Brathwaite were acknowledged for their service.

Board and executive committee updates

• Board nominees for election included Wendy Arienzo, Anita Ganti, Nancy Gioia, Balakrishnan Iyer, Jennifer Lloyd, Gregg Lowe, and Ravi Vig.

• Two board members, Balu Balakrishnan and Nick Brathwaite, are departing after the meeting.

Shareholder proposals

• A stockholder proposal was presented by John Chevedden to require separation of the chairman and CEO roles, advocating for an independent board chairman.

• The board recommended voting against this proposal.

• The proposal received significant support in the prior year but was not approved at this meeting.