MagnaChip Semiconductor Corporation (NYSE:MX) Files An 8-K Submission of Matters to a Vote of Security Holders

MagnaChip Semiconductor Corporation (NYSE:MX) Files An 8-K Submission of Matters to a Vote of Security Holders
Item 5.07. Submission of Matters to a Vote of Security Holders.

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MagnaChip Semiconductor Corporation (the “Company”) held its 2017 Annual Meeting of Stockholders on July12, 2017. As of the close of business on the record date of May25, 2017, there were 33,956,021 shares of the Company’s common stock outstanding and entitled to vote at the Annual Meeting. The number of shares of the Company’s common stock present at the meeting, in person or by proxy, was 30,285,503, or 89.2% of the outstanding shares.

At the meeting, the following proposals were submitted to a vote of the Company’s stockholders, with the final voting results indicated below:

Proposal 1 – Election of Directors. The Company’s stockholders elected the following seven directors to serve until the 2018 Annual Meetings of Stockholders and until their respective successors are elected and qualified.

For Withheld BrokerNon-Votes

Gary Tanner

22,617,658 409,348 7,258,497

Melvin L. Keating

22,638,318 388,688 7,258,497

Young-Joon Kim

22,640,363 386,643 7,258,497

Randal Klein

22,637,908 389,098 7,258,497

Ilbok Lee

22,640,273 386,733 7,258,497

Camillo Martino

22,639,408 387,598 7,258,497

Nader Tavakoli

22,638,363 388,643 7,258,497

Proposal 2 – Ratification of the Appointment of Samil PricewaterhouseCoopers. The Company’s stockholders ratified the appointment of Samil PricewaterhouseCoopers as the Company’s independent registered public accounting firm for the fiscal year ending December31, 2017.

For

Against

Abstained
29,888,496 64,858 332,149

There were no broker non-votes with respect to Proposal 2.


About MagnaChip Semiconductor Corporation (NYSE:MX)

MagnaChip Semiconductor Corporation is a holding company, which designs and manufactures analog and mixed-signal semiconductor products for consumer, computing, communication, industrial, automotive and Internet of things (IoT) applications. The Company provides technology platforms for analog, mixed-signal, power, high voltage, non-volatile memory and radio frequency applications. It operates through two segments: Foundry Services Group and Standard Products Group. Its Foundry Services Group provides specialty analog and mixed-signal foundry services for fabless and integrated device manufacturer semiconductor companies. Its Standard Products Group includes business lines: Display Solutions and Power Solutions. Its Display Solutions products provide flat panel display solutions to suppliers of large and small flat panel displays. Its Power Solutions products include discrete and integrated circuit solutions for power management in consumer, communication and industrial applications.

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