Radware Reports Results of 2024 Annual General Meeting
Radware (NASDAQ: RDWR), a global leader in application security and delivery solutions for multi-cloud environments, held its Annual General Meeting of Shareholders on October 10, 2024. The company presented three proposals for shareholders to vote on. Two proposals were adopted by the requisite shareholder vote. However, one proposal, which sought to approve grants of equity-based awards to the President and Chief Executive Officer of the Company, was not adopted by the requisite shareholder vote.
Radware (NASDAQ: RDWR), un leader mondiale nelle soluzioni di sicurezza e distribuzione delle applicazioni per ambienti multi-cloud, ha tenuto la sua Assemblea Generale Annuale degli Azionisti il 10 ottobre 2024. L'azienda ha presentato tre proposte per il voto degli azionisti. Due proposte sono state adottate con il voto richiesto dagli azionisti. Tuttavia, una proposta, che mirava ad approvare l'assegnazione di premi basati su azioni al Presidente e Amministratore Delegato dell'azienda, non è stata adottata con il voto richiesto degli azionisti.
Radware (NASDAQ: RDWR), un líder global en soluciones de seguridad y entrega de aplicaciones para entornos multi-nube, celebró su Junta General Anual de Accionistas el 10 de octubre de 2024. La compañía presentó tres propuestas para que los accionistas votaran. Dos propuestas fueron adoptadas con el voto requerido de los accionistas. Sin embargo, una propuesta, que buscaba aprobar la concesión de premios basados en acciones al Presidente y Director Ejecutivo de la Compañía, no fue adoptada con el voto requerido de los accionistas.
Radware (NASDAQ: RDWR)는 다중 클라우드 환경을 위한 애플리케이션 보안 및 배달 솔루션의 글로벌 리더로서 2024년 10월 10일 주주 총회를 개최했습니다. 회사는 주주들이 투표할 수 있는 세 가지 제안을 발표했습니다. 두 가지 제안은 필요한 주주 투표로 채택되었습니다. 그러나, 회사의 대통령이자 CEO에게 주식 기반 보상을 승인하려는 제안은 필요한 주주 투표로 채택되지 않았습니다.
Radware (NASDAQ: RDWR), un leader mondial dans les solutions de sécurité et de livraison d'applications pour les environnements multi-cloud, a tenu son Assemblée Générale Annuelle des Actionnaires le 10 octobre 2024. L'entreprise a présenté trois propositions pour un vote des actionnaires. Deux propositions ont été adoptées par le vote requis des actionnaires. Cependant, une proposition, qui visait à approuver l'octroi de récompenses basées sur des actions au président et directeur général de la société, n'a pas été adoptée par le vote requis des actionnaires.
Radware (NASDAQ: RDWR), ein globaler Marktführer in Sicherheits- und Lieferlösungen für Anwendungen in Multi-Cloud-Umgebungen, hielt am 10. Oktober 2024 seine Jahreshauptversammlung der Aktionäre ab. Das Unternehmen stellte drei Vorschläge zur Abstimmung vor. Zwei Vorschläge wurden mit der erforderlichen Stimmenzahl der Aktionäre angenommen. Ein Vorschlag, der die Genehmigung von aktienbasierten Vergaben an den Präsidenten und Geschäftsführer des Unternehmens suchte, wurde jedoch nicht mit der erforderlichen Stimmenzahl angenommen.
- Two out of three proposals were adopted by shareholders
- Proposal to approve equity-based awards for CEO was not adopted
TEL AVIV, Israel, Oct. 14, 2024 (GLOBE NEWSWIRE) -- Radware® (NASDAQ: RDWR), a global leader in application security and delivery solutions for multi-cloud environments, today announced the results of its Annual General Meeting of Shareholders held October 10, 2024. The Company presented three proposals for the shareholders to vote on at the meeting, of which one proposal (to approve grants of equity-based awards to the President and Chief Executive Officer of the Company) was not adopted by the requisite shareholder vote. The two other proposals voted on at the Annual General Meeting were adopted by the requisite shareholder vote.
About Radware
Radware® (NASDAQ: RDWR) is a global leader in application security and delivery solutions for multi-cloud environments. The company’s cloud application, infrastructure, and API security solutions use AI-driven algorithms for precise, hands-free, real-time protection from the most sophisticated web, application, and DDoS attacks, API abuse, and bad bots. Enterprises and carriers worldwide rely on Radware’s solutions to address evolving cybersecurity challenges and protect their brands and business operations while reducing costs. For more information, please visit the Radware website.
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Radware believes the information in this document is accurate in all material respects as of its publication date. However, the information is provided without any express, statutory, or implied warranties and is subject to change without notice.
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Contacts
Investor Relations:
Yisca Erez, +972-72-3917211, ir@radware.com
Media Contacts:
Gerri Dyrek, gerri.dyrek@radware.com
Safe Harbor Statement
This press release includes “forward-looking statements” within the meaning of the Private Securities Litigation Reform Act of 1995. Any statements made herein that are not statements of historical fact, including statements about Radware’s plans, outlook, beliefs, or opinions, are forward-looking statements. Generally, forward-looking statements may be identified by words such as “believes,” “expects,” “anticipates,” “intends,” “estimates,” “plans,” and similar expressions or future or conditional verbs such as “will,” “should,” “would,” “may,” and “could.” Because such statements deal with future events, they are subject to various risks and uncertainties, and actual results, expressed or implied by such forward-looking statements, could differ materially from Radware’s current forecasts and estimates. Factors that could cause or contribute to such differences include, but are not limited to: the impact of global economic conditions, including as a result of the state of war declared in Israel in October 2023 and instability in the Middle East, the war in Ukraine, and the tensions between China and Taiwan; our dependence on independent distributors to sell our products; our ability to manage our anticipated growth effectively; a shortage of components or manufacturing capacity could cause a delay in our ability to fulfill orders or increase our manufacturing costs; our business may be affected by sanctions, export controls, and similar measures, targeting Russia and other countries and territories, as well as other responses to Russia’s military conflict in Ukraine, including indefinite suspension of operations in Russia and dealings with Russian entities by many multi-national businesses across a variety of industries; the ability of vendors to provide our hardware platforms and components for the manufacture of our products; our ability to attract, train, and retain highly qualified personnel; intense competition in the market for cyber security and application delivery solutions and in our industry in general, and changes in the competitive landscape; our ability to develop new solutions and enhance existing solutions; the impact to our reputation and business in the event of real or perceived shortcomings, defects, or vulnerabilities in our solutions, if our end-users experience security breaches, if our information technology systems and data, or those of our service providers and other contractors, are compromised by cyber-attackers or other malicious actors or by a critical system failure; outages, interruptions, or delays in hosting services; the risks associated with our global operations, such as difficulties and costs of staffing and managing foreign operations, compliance costs arising from host country laws or regulations, partial or total expropriation, export duties and quotas, local tax exposure, economic or political instability, including as a result of insurrection, war, natural disasters, and major environmental, climate, or public health concerns, such as the COVID-19 pandemic; our net losses in the past two years and possibility we may incur losses in the future; a slowdown in the growth of the cyber security and application delivery solutions market or in the development of the market for our cloud-based solutions; long sales cycles for our solutions; risks and uncertainties relating to acquisitions or other investments; risks associated with doing business in countries with a history of corruption or with foreign governments; changes in foreign currency exchange rates; risks associated with undetected defects or errors in our products; our ability to protect our proprietary technology; intellectual property infringement claims made by third parties; laws, regulations, and industry standards affecting our business; compliance with open source and third-party licenses; and other factors and risks over which we may have little or no control. This list is intended to identify only certain of the principal factors that could cause actual results to differ. For a more detailed description of the risks and uncertainties affecting Radware, refer to Radware’s Annual Report on Form 20-F, filed with the Securities and Exchange Commission (SEC), and the other risk factors discussed from time to time by Radware in reports filed with, or furnished to, the SEC. Forward-looking statements speak only as of the date on which they are made and, except as required by applicable law, Radware undertakes no commitment to revise or update any forward-looking statement in order to reflect events or circumstances after the date any such statement is made. Radware’s public filings are available from the SEC’s website at www.sec.gov or may be obtained on Radware’s website at www.radware.com.
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