8-KShareholder Matters

Broadcom Inc. 8-K Report, Shareholder Vote Results (Apr 21, 2026)

Filed April 21, 2026For Securities:AVGO

Summary

Broadcom Inc. (AVGO) reported the results of its 2026 Annual Meeting of Stockholders held on April 20, 2026. The primary purpose of this filing is to inform investors about the outcomes of shareholder votes on key corporate governance and financial matters. All director nominees were overwhelmingly elected, and the company's independent auditor, PricewaterhouseCoopers LLP, was ratified for the upcoming fiscal year. Additionally, shareholders provided an advisory vote to approve the compensation of Broadcom's named executive officers. While this vote is advisory, the substantial support indicates general shareholder confidence in the company's executive compensation practices. The strong approval margins across all proposals reflect positive shareholder engagement and alignment with management's strategic direction and corporate governance.

Key Highlights

  • 1All eight director nominees were re-elected with strong majority support, ensuring continuity in leadership.
  • 2PricewaterhouseCoopers LLP was ratified as Broadcom's independent registered public accounting firm for the fiscal year ending November 1, 2026, with overwhelming approval.
  • 3Shareholders approved, on an advisory basis, the compensation of Broadcom's named executive officers.
  • 4Director nominees received a significant majority of 'For' votes, with 'Against' and 'Abstain' votes representing a small fraction of the total votes cast.
  • 5The ratification of the independent auditor saw a particularly high 'For' vote, indicating strong shareholder trust in the company's financial oversight.
  • 6Broker non-votes were a consistent factor across all director elections, which is typical for annual meetings where directors are often uncontested.

Frequently Asked Questions

The key outcomes were the re-election of all eight director nominees, the ratification of PricewaterhouseCoopers LLP as the independent auditor, and an advisory approval of named executive officer compensation. All proposals received strong shareholder support.

All eight director nominees were overwhelmingly elected, with 'For' votes significantly outnumbering 'Against' and 'Abstain' votes for each nominee. This indicates strong shareholder confidence in the current board composition.

Yes, shareholders ratified the appointment of PricewaterhouseCoopers LLP as Broadcom's independent registered public accounting firm for the fiscal year ending November 1, 2026, with a very high percentage of 'For' votes.

An advisory vote on executive compensation, often referred to as 'Say-on-Pay,' allows shareholders to express their views on the company's executive compensation policies. While the outcome is not binding on the company's board of directors, it provides valuable feedback and is closely monitored by management and the board.