ACM Research Shareholders Approve All Proposals at 2026 Annual Meeting

ACM Research (NASDAQ:ACMR) shareholders approved all proposals presented at the company’s 2026 Annual Meeting of Stockholders, held via live webcast, according to remarks from company executives during the meeting.

David Wang, Chair of the Board, President and Chief Executive Officer of ACM Research, opened the meeting and served as chair. He welcomed shareholders and introduced Mark McKechnie, the company’s Chief Financial Officer, Executive Vice President, Treasurer and Secretary, who led the formal discussion of the shareholder proposals.

McKechnie said the meeting was conducted in accordance with the rules of conduct and procedures available through the virtual meeting website. He also noted that questions were to be limited to the proposals described in the company’s proxy statement.

Two Proposals Presented to Shareholders

McKechnie said ACM Research filed its proxy statement and related materials with the U.S. Securities and Exchange Commission on April 27, 2026. The company also began mailing notices regarding the availability of the proxy materials to stockholders of record as of 5:00 p.m. Eastern Time on April 13, 2026.

The proxy materials identified two proposals for consideration at the annual meeting:

• Election of directors: Shareholders voted on four nominees to ACM Research’s Board of Directors: David H. Wang, Haiping Dun, Tracy Liu and Charlie Pappis.
• Auditor ratification: Shareholders voted on the ratification of the Audit Committee’s appointment of Ernst & Young Hua Ming LLP as ACM Research’s independent auditor for fiscal 2026.

McKechnie said ACM Research’s entire Board of Directors is elected annually and that each director must be elected by a plurality of votes present in person or represented by proxy and entitled to vote. The auditor ratification required approval by affirmative votes constituting a majority of the votes present in person or by proxy.

Quorum Established, No Proposal Questions Raised

McKechnie introduced several participants in the meeting, including members of the Board of Directors, Lisa Feng, Chief Financial Officer of ACM Research Shanghai Incorporated, Jason Dreibelbis of K&L Gates LLP as legal counsel and reporter for the meeting, representatives of Ernst & Young Hua Ming LLP, and Kathy Wheaton, who served as Inspector of Elections.

McKechnie said the Inspector of Elections had tallied proxies received and determined that a majority of the votes attributable to the outstanding shares of Class A and Class B common stock, voting as a single class, was present in person or by proxy. He said that constituted a quorum for the transaction of business at the annual meeting.

After presenting the proposals, McKechnie said there were no questions regarding the proxy proposals. He then closed the polls.

All Proposals Approved

According to the Inspector of Elections’ report, holders of Class A and Class B common stock entitled to cast an aggregate of 135,814,480 votes were present at the meeting in person or by proxy. That represented 84.3% of the voting power of the stock entitled to vote at the meeting.

McKechnie reported that a plurality of votes in the director election was cast in favor of each nominee. He also said a majority of votes cast on the auditor ratification proposal supported the appointment of Ernst & Young Hua Ming LLP as ACM Research’s independent auditor for 2026.

“Based on the report of the Inspector of Elections, I declare that all of the proposals have been approved,” McKechnie said. He added that, as secretary, he would incorporate the formal report of the Inspector of Elections, including the vote results, into the record of the meeting.

Following the completion of the formal business, Wang adjourned the meeting. The webcast then concluded.

About ACM Research (NASDAQ:ACMR)

ACM Research, Inc (NASDAQ:ACMR) designs, develops and markets wet processing equipment for the semiconductor industry. The company focuses on advanced wafer cleaning technologies that address critical contamination-control requirements for logic, memory and advanced packaging applications. Since its founding in 2003, ACM Research has engineered modular platform tools that can be configured for a range of spin, scrub and batch cleaning processes.

Its product portfolio encompasses single-wafer spin cleaning systems featuring high-purity megasonic capabilities, dynamic chemical scrubbing modules for post-CMP residue removal and batch-process cleaning equipment designed for high-throughput production environments.