Vicor (VICR) AGM 2024 summary

Opening remarks and agenda

• The meeting was called to order by the CFO, who also served as chairman and secretary, with invitations extended to stockholders of record and guests as of April 26, 2024.

• Attendees received the agenda, rules of conduct, and copies of the 2023 annual report and proxy statement upon entry.

• The agenda included formal business, a strategy review, and a Q&A session, with a recording to be posted online.

Board and executive committee updates

• The board consists of a mix of independent and employee directors, with detailed backgrounds provided for each.

• The compensation and audit committees are comprised solely of independent directors.

• The company is classified as a controlled company under NASDAQ rules due to the CEO's voting power.

Shareholder proposals

• No shareholder proposals were received for inclusion in the proxy statement.