Lattice Semiconductor Stockholders Re-Elect Directors, OK Ernst & Young and Say-on-Pay at AGM

Key Points

• All director nominees were re-elected — each received a majority of votes cast and was elected to a one-year term expiring in 2027.
• Ernst & Young LLP was ratified as Lattice’s independent registered public accounting firm for the fiscal year ending January 2, 2027.
• The advisory "say-on-pay" vote passed, with a majority of votes cast approving the company’s fiscal 2025 executive compensation.

Lattice Semiconductor NASDAQ: LSCC held its 2026 annual meeting of stockholders virtually on May 1, 2026, with Chair of the Board Jeff Richardson presiding alongside the company’s directors and executive officers. Stockholders of record as of March 2, 2026 were eligible to vote, and questions during the formal portion of the meeting were limited to the proposals on the ballot.

Meeting format and attendance

Richardson said the meeting was held pursuant to the company’s bylaws and that stockholders could submit questions through the virtual meeting platform. He introduced Senior Vice President, General Counsel, and Corporate Secretary Tracy Feanny, who served as secretary of the meeting.

Feanny introduced directors in attendance: Jeff Richardson, Robin Abrams, Doug Bettinger, Que Thanh Dallara, John Forsyth, Mark Jensen, James Lederer, Elizabeth Schwarting, and President and CEO Ford Tamer, who also sits on the board. She also noted that the board appointed Heather Obi of Broadridge and The Carideo Group to serve as the independent inspector of election.

Feanny reported that notice of the meeting was provided to all stockholders of record through a notice of internet availability of proxy materials distributed on or about March 18, 2026, supported by an affidavit of mailing from Broadridge. She also said the company’s 2025 annual report, including financial statements audited by Ernst & Young, was sent or made available to each stockholder entitled to vote and made accessible electronically through the meeting website.

Feanny further stated that the inspector of election confirmed stockholders representing at least a majority of voting power were present in person (including virtually) or by proxy, establishing a quorum.

Proposals considered

The meeting addressed three items of business as described in the notice and proxy statement dated March 18, 2026:

• Election of directors to serve until the 2027 annual meeting or until successors are elected and qualified.
• Ratification of Ernst & Young LLP as Lattice’s independent registered public accounting firm for the fiscal year ending January 2, 2027.
• Non-binding advisory vote on compensation of Lattice’s named executive officers.

Richardson stated that Doug Bettinger, Que Thanh Dallara, John Forsyth, Mark Jensen, James Lederer, D. Jeffrey Richardson, Elizabeth Schwarting, and Ford Tamer were nominated for election to the board. He added that there were no director nominations submitted by stockholders prior to the meeting in accordance with the bylaws, and declared nominations closed.

Voting process

Voting opened at 1:05 p.m. on May 1, 2026. Stockholders were able to vote online, and those who had already voted by proxy were told it was not necessary to vote again unless they wished to change a previously cast vote. The polls closed at 1:06 p.m., according to Feanny.

Preliminary results and next steps

Feanny announced preliminary results based on the inspector of election’s report:

• Each director nominee received a majority of votes cast in favor and was elected to a one-year term expiring in 2027.
• The ratification of Ernst & Young as independent registered public accounting firm for the fiscal year ending January 2, 2027 received a majority of votes cast in favor and was approved.
• The advisory vote on executive compensation for fiscal 2025 received a majority of votes cast in favor and was approved.

Feanny said the final report of the inspector of election would be filed with the meeting records, and that Lattice expected to report the voting results in a Form 8-K filed with the SEC within four business days of the meeting.

Richardson declared the proposals approved as described and adjourned the meeting, inviting stockholders to ask additional company-related questions after the formal business concluded via the virtual meeting screen.

About Lattice Semiconductor NASDAQ: LSCC

Lattice Semiconductor Corporation is a U.S.-based semiconductor company specializing in low-power, small-footprint programmable logic devices. The company's product portfolio centers on field-programmable gate arrays (FPGAs), programmable logic devices (PLDs) and related intellectual property cores that enable customers to implement custom digital functions in applications where energy efficiency and compact size are critical. Lattice's solutions are widely used to accelerate edge computing, support video and sensor interfaces, and provide flexible I/O connectivity across a variety of end markets.

The company offers a range of FPGA families, including the iCE40 series for ultra-low power mobile and consumer applications, the MachXO series for embedded control and security, and the ECP5 series for midrange performance in communications, industrial automation and automotive domains.

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