Radware Prepares for Its 2024 Annual General Meeting
Radware® (NASDAQ: RDWR), a leading name in application security and delivery solutions across multi-cloud platforms, has announced the date for its 2024 Annual General Meeting (AGM). This important event is scheduled for a Thursday in October and will be held at the company's offices in Tel Aviv.
Key Agenda Items for the Annual General Meeting
The AGM will cover several important proposals aimed at shaping the company's future. Some of the main agenda items include:
- The election of new directors, specifically Mr. Yuval Cohen and Prof. Yair Tauman as Class I directors, along with Mr. Alex Pinchev as a Class III director. These appointments are intended to provide strategic oversight through 2026 and 2027, respectively.
- Approval of equity-based awards for the President and Chief Executive Officer. This initiative seeks to align executive compensation with the company's performance and long-term value for shareholders.
- Reappointment of Kost Forer Gabbay & Kasierer as auditors, and the delegation of remuneration authority to the Board of Directors, ensuring both accountability and financial integrity.
Additionally, the AGM will include discussions regarding the financial statements for the year ending December 31, along with other relevant business matters.
Voting Requirements and Quorum
To approve the proposals, a simple majority of the shares that are registered and voted will be required. It is essential that votes come from shareholders who attend in person or by proxy. Importantly, for the approval of equity-based awards, the majority must come from shareholders without personal interests in the matter.
If the meeting does not achieve the necessary quorum, it will be rescheduled for the same day and time the following week, ensuring that all shareholders have the chance to participate.
Proxy Statement and Shareholder Communication
Radware is dedicated to maintaining transparency and will send out a proxy statement to its shareholders prior to the meeting. This document will detail each proposal and provide instructions for shareholders to cast their votes. Registered shareholders will be able to access these materials to prepare for the AGM.
About Radware
As a leader in security solutions, Radware (NASDAQ: RDWR) focuses on protecting applications in an ever-changing cyber environment. Their innovative, AI-driven tools defend enterprises against web threats, ensuring operational integrity while optimizing costs. This commitment to securing digital infrastructure enables businesses to flourish in an increasingly technology-dependent world.
Frequently Asked Questions
What is the date of Radware's 2024 Annual General Meeting?
The 2024 Annual General Meeting is set for a Thursday in October.
Where will the Annual General Meeting be held?
The meeting will occur at Radware's office in Tel Aviv.
What key proposals will be discussed at the AGM?
Key proposals include the election of new directors, approval of executive compensation, and the reappointment of auditors, among others.
What happens if a quorum is not reached?
If the required quorum is not met, the meeting will be postponed to the same day and time the following week.
How can shareholders vote?
Shareholders will receive a proxy statement that allows them to vote either in person or by proxy, ensuring their opinions are considered on important issues.
