Monolithic Power : 2024 Proxy Statement
MPWR
Published on 05/02/2025 at 01:17
April 30, 2025
Dear Stockholders:
You are invited to attend the 2025 Annual Meeting of Stockholders of Monolithic Power Systems, Inc. to be held on Thursday, June 12, 2025, at 10:00 a.m., Pacific Daylight Time (the "Annual Meeting"). The Annual Meeting will be a virtual meeting. You will be able to attend the Annual Meeting online, vote and submit questions during the meeting by visiting https://http://meetnow.global/MKQZQ9L. Please follow the instructions carefully on how to access and attend the virtual meeting in the "Annual Meeting Attendance" section of this Proxy Statement.
It is important that your shares be represented and voted whether or not you plan to attend the Annual Meeting. We continue using the Securities and Exchange Commission rule that permits companies to furnish proxy materials to stockholders over the Internet. If you are viewing the Proxy Statement on the Internet, you may grant your proxy electronically over the Internet by following the instructions on the Notice Regarding the Availability of Proxy Materials previously mailed to you and the instructions listed on the Internet site. If you have received a paper copy of the Proxy Statement and proxy card, you may grant a proxy to vote your shares by completing and mailing the proxy card enclosed with the Proxy Statement, or you may grant your proxy electronically over the Internet or by telephone by following the instructions on the proxy card. If your shares are held in "street name," which means shares held of record by a broker, bank, trust or other nominee, you should review the Notice Regarding the Availability of Proxy Materials or Proxy Statement and voting instruction form used by that firm to determine whether and how you will be able to submit your proxy by telephone or over the Internet. Submitting a proxy over the Internet, by telephone or by mailing a proxy card will ensure your shares are represented at the Annual Meeting.
Your vote is important, regardless of the number of shares that you own.
On behalf of the Board of Directors, I thank you for your participation. We look forward to your attendance on June 12, 2025.
Sincerely,
Michael Hsing
Chairman of the Board, President and Chief Executive Officer
To the Stockholders of Monolithic Power Systems, Inc.:
NOTICE IS HEREBY GIVEN that the Annual Meeting of Stockholders of Monolithic Power Systems, Inc., a Delaware corporation, will be held on Thursday, June 12, 2025, at 10:00 a.m., Pacific Daylight Time (the "Annual Meeting"). The Annual Meeting will be a virtual meeting. You will be able to attend the Annual Meeting online, vote and submit questions during the meeting by visiting https://http://meetnow.global/MKQZQ9L. Please follow the instructions carefully on how to access and attend the virtual meeting in the "Annual Meeting Attendance" section of this Proxy Statement.
At the Annual Meeting, we will conduct the following items of business:
To elect three Class III directors to serve for three-year terms until our annual meeting of stockholders in 2028, or until their respective successors are duly elected and qualified. The nominees for election to the Board of Directors as Class III directors are Herbert Chang, Michael Hsing and Carintia Martinez.
To ratify the appointment of Ernst & Young LLP as our independent registered public accounting firm for the year ending December 31, 2025.
To hold an advisory vote to approve the compensation of our named executive officers.
To vote on a management proposal to amend and restate our Amended and Restated Certificate of Incorporation to declassify the Board of Directors.
To vote on a stockholder proposal to give shareholders the ability to call for a special shareholder meeting, if properly presented at the Annual Meeting.
To transact such other business as may properly come before the meeting or any adjournment thereof.
The foregoing items of business are more fully described in the Proxy Statement accompanying this Notice of Annual Meeting. Only stockholders of record at the close of business on April 16, 2025 are entitled to notice of and to vote at the Annual Meeting.
(ii) by calling the toll-free number described in the Notice or in the proxy card; or (iii) by signing, dating and returning the proxy card. By submitting your proxy promptly, you will save us the expense of further proxy solicitation. Any registered stockholder attending the Annual Meeting may vote at the meeting even if he or she has already returned a proxy.
By Order of the Board of Directors,
Saria Tseng
Executive Vice President, Strategic Corporate Development, General Counsel and Corporate Secretary
Kirkland, Washington April 30, 2025
Important notice regarding the availability of proxy materials for the Annual Meeting: The Proxy Statement and the Annual Report on Form 10-K are available free of charge under the "Investor Relations" section of our website at https://http://www.monolithicpower.com.
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Disclaimer
MPS - Monolithic Power Systems Inc. published this content on May 02, 2025, and is solely responsible for the information contained herein. Distributed via Public Technologies (PUBT), unedited and unaltered, on May 02, 2025 at 05:16 UTC.