Simulations Plus AGM: Shareholders Approve All Proposals, Back Annual Say-on-Pay Votes

Core Points - Simulations Plus held its annual meeting of shareholders in a virtual format, chaired by CEO Shawn O'Connor, with CFO Will Frederick presenting formal business items and preliminary voting results [2] Shareholder Participation - The virtual meeting aimed to enhance inclusivity, allowing shareholders to vote and submit questions electronically during the session [3] - Polls were open for shareholders who had not yet voted, and previously submitted votes could be changed before the poll closed [3] Notice and Quorum - Notice of internet availability of proxy materials was mailed starting December 29, 2025, to shareholders of record as of December 15, 2025, which served as the meeting's record date [4] - A supplement to the proxy statement was sent to shareholders of record as of February 4, 2026 [4] - The company received proxies representing 13,229,922 shares, approximately 66% of the 20,137,480 shares eligible to vote, establishing a quorum for the meeting [5] Proposals and Voting Results - All proposals presented to shareholders were approved, including the election of four director nominees and the ratification of Rose, Snyder & Jacobs LLP as independent auditor with over 97% support [8] - An amendment to the 2021 Equity Incentive Plan to add 950,000 shares (totaling 3.45 million) passed with over 91% approval [8] - Shareholders voted for a one-year advisory say-on-pay frequency with over 90% support, overriding the board's recommendation for a three-year cadence; this vote is non-binding but will be considered by the board [8] - The company expects to file final voting results on Form 8-K within four business days, no later than February 19, 2026 [8]