Qualcomm (QCOM) AGM 2025 summary

Opening remarks and agenda

• Chair welcomed stockholders, introduced board members and executives, and outlined the meeting agenda, including a business update and Q&A session.

• Recognition was given to two directors, Tony Vinciquerra and Greg Johnson, for their service as they conclude their terms.

Shareholder proposals

• Five proposals were presented: election of directors, ratification of auditors, advisory vote on executive compensation, approval of an amended long-term incentive plan, and a shareholder climate-related proposal.

• The shareholder proposal called for decarbonizing the retirement plan to mitigate climate risk and align with company climate goals.

• The board recommended voting against the climate-related shareholder proposal.

Overview of voting outcomes

• All director nominees were elected.

• Ratification of PricewaterhouseCoopers as auditors, executive compensation, and the amended long-term incentive plan were approved.

• The shareholder climate proposal was not approved.

• Final voting results will be published on the website and reported to the SEC within four business days.