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General Meetings of Shareholders8035Tokyo Electron LimitedElectrical Equipment and Precision Instruments

Our Views on ISS’s Proxy Voting Recommendations

Following ISS’s recommendation to vote against Proposal No. 2 at the 63rd Annual General Meeting of Shareholders, the Company explained its views on the reasons for opposition and the expected dilution under each equity compensation plan. The Company stated that the proposal would not result in any new dilution and that the maximum expected dilution rate would be approximately 4.5% if the plans continued for 10 years.

Worth reading
17Immaterial
Scored from 1 of 4 sections
Direction
Neutral
Direction inferred from the company’s description.
Scale
4.5
% (maximum expected dilution rate if continued for the next 10 years)
Wording
Conditional
How definitive the wording is.

Resolutions for the General Meeting of Shareholders

Annual (63rd)
2026
Jun 23
Date and time(start time: Not disclosed)21 days from this disclosure to the meeting
Matters for resolution1 item

  1. Approval of the granting of rights relating to the Company's shares to officers and employees of the Company's group residing in California, subject to the application of special conditions under the California Corporate Securities Law

Resolutions for the General Meeting of Shareholders
ItemDetails
Type of shareholders' meetingAnnual (63rd)
Date and time23 June 2026 (start time: Not disclosed)
Matters for resolutionProposal No. 2: Approval of the granting of rights relating to the Company's shares to officers and employees of the Company's group residing in California, subject to the application of special conditions under the California Corporate Securities Law
Items this document does not state (3)
Shareholder ProposalDirector nomineePercentage voting in favor

These are items the company does not state in this document. We do not leave them blank, nor fill them in from other sources or by inference.

The reasons the company gives

The company's own explanation, not something inferred from the numbers.

ISS recommended voting against the proposal on the grounds that the number of shares scheduled to be issued had not been fully disclosed, making it impossible to calculate the potential dilution effect. The Company explained that the proposal is an approval procedure required for legal compliance in connection with existing plans, and that continuing each plan is not expected to conflict with ISS guidelines.

How to read this page

This is not the documentKomori reads the disclosure the company filed and writes this summary. Figures are as stated by the company and are not audited.
Weight is not a verdictIt measures how much this changes what the company had already told the market. It is not a view on the shares.
Corrections happenIf the company reissues this disclosure, the page is rebuilt from the corrected version and the revision number moves up.
Our Views on ISS’s Proxy Voting Recommendations | Tokyo Electron Limited (8035) timely disclosure | Komori