Enphase Energy Board of Directors Affirms Re-election of Thurman John Rodgers as Director of the Board

Core Viewpoint - Enphase Energy's Board of Directors has unanimously decided to retain T.J. Rodgers as a member of the Board, emphasizing his critical role and contributions since 2017 [1][2][3] Group 1: Board Decision and Support - The Board's decision to retain Mr. Rodgers followed a recommendation from the Nominating and Corporate Governance Committee, conducted without his participation [1] - Mr. Rodgers received less than 50% of the votes in the recent stockholder meeting, primarily due to proxy voting guidelines related to over-boarding policies at major institutional stockholders [2] - The Board reaffirmed its strong support for Mr. Rodgers, highlighting his indispensable role and contributions to the company [2][3] Group 2: Contributions and Expertise - T.J. Rodgers has been described as a cornerstone of the Board, providing unmatched strategic depth, technical insight, and a focus on execution [3] - His leadership has guided Enphase Energy through significant transformations and growth phases, which the Board believes is critical for future success [3] - Mr. Rodgers possesses deep technical expertise in semiconductors, batteries, and power electronics, which are essential for Enphase's innovation and leadership [4] Group 3: Governance and Future Outlook - The Board is committed to strong governance and believes that Mr. Rodgers' continued service positions Enphase Energy well to navigate market challenges and pursue global growth [3] - Enphase Energy has shipped approximately 81.5 million microinverters and deployed about 4.8 million Enphase-based systems in over 160 countries, showcasing its market leadership [4]