Ceva (NASDAQ:CEVA) held its 2026 Annual Meeting of Stockholders virtually, with Chairman of the Board Peter McManaman presiding. The meeting focused on required corporate governance matters, including the election of directors, an advisory vote on executive compensation and the ratification of the company’s independent auditors.
McManaman said the company was continuing its recent practice of holding the annual meeting virtually and noted that the meeting was being recorded, with a replay expected to be available for one month through the virtual stockholder meeting website.
Quorum Established for Virtual Meeting
McManaman said only stockholders of record as of April 9, 2026, or persons holding proxies from those stockholders, were entitled to vote. Based on that record date, 27,859,369 shares of Ceva common stock were entitled to vote at the meeting.
According to the inspector of elections’ report cited by McManaman, 22,114,832 shares were present or represented by proxy as of June 2, 2026, establishing a quorum. McManaman said final vote totals would be reported in the company’s current report on Form 8-K within four business days.
Seven Directors Elected
Stockholders elected seven directors to serve one-year terms until the company’s 2027 annual general meeting of stockholders or until their successors are duly elected and qualified. McManaman identified the nominees as Bernadette Andrietti, Amir Faintuch, Jaclyn Liu, Maria Marced, Louis Silver and himself, with the transcript also reporting election results for Mr. Panush.
Preliminary results announced at the meeting showed each director nominee was elected. The reported vote totals included:
- Bernadette Andrietti: at least 17,950,281 shares in favor, or at least 94% of votes cast.
- Amir Faintuch: at least 18,829,249 shares in favor, or at least 99% of votes cast.
- Jaclyn Liu: at least 17,209,702 shares in favor, or at least 91% of votes cast.
- Maria Marced: at least 18,087,677 shares in favor, or at least 95% of votes cast.
- Mr. Panush: at least 18,833,889 shares in favor, or at least 99% of votes cast.
- Louis Silver: at least 18,108,742 shares in favor, or at least 95% of votes cast.
- Peter McManaman: at least 18,240,611 shares in favor, or at least 96% of votes cast.
Executive Compensation Vote Approved
Stockholders also approved, on an advisory basis, the compensation of the company’s named executive officers as described in the proxy statement. McManaman said the proposal passed with at least 9,497,742 shares in favor, representing not less than 50.2% of the common stock present or represented by proxy and entitled to vote at the meeting.
Auditor Ratification Passed
The company’s stockholders ratified the selection of Kost Forer Gabbay & Kasierer, a member of Ernst & Young Global, as Ceva’s independent auditors for the fiscal year ending Dec. 31, 2026.
McManaman said the auditor ratification proposal passed with at least 21,719,768 shares in favor, representing not less than 98% of the common stock present or represented by proxy and entitled to vote at the meeting.
No other business was brought before the meeting. McManaman then adjourned the 2026 Annual Meeting of Stockholders and thanked attendees.
About Ceva (NASDAQ:CEVA)
Ceva, Inc (NASDAQ: CEVA) is a leading licensor of signal processing IP cores and platforms that enable intelligent, connected devices. The company designs a broad portfolio of digital signal processing (DSP) and AI processors, software development toolkits and reference frameworks for applications ranging from 5G wireless communications and Bluetooth connectivity to audio, computer vision, sensor fusion and edge AI. Its solutions target a variety of end markets including smartphones, automotive, IoT devices, smart home, industrial automation and wearable electronics.
Founded in 1999 as a spin-off from DSP Group, Ceva has built its reputation on delivering modular, power-efficient IP that can be customized to meet stringent performance, area and power requirements.
