Pixelworks to Reconvene Special Meeting of Shareholders on December 8, 2025

Core Points - Pixelworks, Inc. has adjourned its Special Meeting of Stockholders to December 8, 2025, due to insufficient votes for Proposal 1, which seeks to authorize the sale of its subsidiary, Pixelworks Semiconductor Technology (Shanghai) [1][2] - Approximately 98% of the votes cast were in favor of Proposal 1, but this only accounted for about 57% of the total outstanding shares required for approval [2] - The Board of Directors believes that the approval of Proposal 1 is in the best interests of the Company and its shareholders, with recommendations from leading independent proxy voting advisory groups to vote in favor [2] Voting Information - Shareholders who have not yet voted are encouraged to do so by December 7, 2025, at 11:59 p.m. Eastern time [4][6] - The adjourned Special Meeting will be held virtually, allowing shareholders to participate and vote by dialing a designated number [3] - Votes must be received by the specified deadline to be counted, and record holders can vote during the reconvened meeting [6] Company Background - Pixelworks, Inc. specializes in video and display processing solutions, providing technology that enhances viewing experiences across various screens [12]