Shareholders elected four Class 1 directors (Charles Kissner, Meera Rao, Necip Sayiner and Luc Seraphin) and ratified KPMG LLP as company auditor while approving payment advice.
CEO Luc Seraphin said 2025 was met record annual revenue, profits and cash generationand that the company’s financial position supports continued strategic investment in its product roadmap.
Rambus is emphasizing secular growth since AI and data center demand for greater bandwidth, capacity and energy efficiency, positioning its advanced memory and IP interconnection for long-term profitable growth and shareholder value.
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Rambus (NASDAQ:RMBS) held its 2026 Annual Meeting of Shareholders on Thursday, with Chairman Charles “Chuck” Kissner presiding over the virtual session and outlining the company’s slate of directors and key corporate matters up for a vote.
Senior Vice President, General Counsel and Corporate Secretary John Shinn said the meeting was held in accordance with the company’s bylaws and Delaware law and covered the proposals outlined in the proxy statement dated March 6, 2026. Shinn reported that, of 108,159,372 shares outstanding as of the record date of February 25, 2026, holders of at least 99,399,350 shares were present or represented, which represents approximately 91.9% of shares in circulation and establishment of a quorum.
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Tina Ferris, vice president and deputy general counsel, was named election inspector, Shinn said. The polls opened at approximately 9:04 a.m. and closed at about 9:09 a.m., after which no additional ballots or vote changes were accepted.
Shinn reviewed three proposals presented to shareholders:
Election of four Class 1 directors (two-year terms expiring at the 2028 annual meeting): Charles Kissner, Meera Rao, Necip Sayiner and Luc Seraphin.
Ratification of KPMG LLP as the company’s independent registered public accounting firm for the fiscal year ending December 31, 2026.
Advisory Approval of Compensation for Named Executive Officers as disclosed in the proxy statement, including the Compensation Discussion and Analysis.
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According to Shinn’s preliminary report, the four nominated directors were elected with a majority of the votes cast and will serve until the 2028 Annual Meeting of Shareholders or until successors are duly elected and qualified. Shareholders also ratified KPMG’s appointment by a majority of the shares present in person or by proxy and entitled to vote, and approved the “say on pay” advisory proposal by a majority of the shares present in person or by proxy and entitled to vote.
Shinn said the final voting results would be included in the Inspector of Elections report and meeting minutes and reported on a Form 8-K filed with the Securities and Exchange Commission.
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Following the adjournment of the formal meeting agenda, Shinn provided a cautionary tale regarding the forward-looking statements, directing shareholders to the company’s Annual Report on Form 10-K filed on February 18, 2026, including the Risk Factors section.
CEO and president Luc Seraphin said 2025 was “a very strong year” for Rambus, citing “record annual revenue, profits and cash generation.” Seraphin attributed the results to the company’s strategy and execution, saying Rambus’ “diversified portfolio remains a core strength,” with each business contributing to and helping drive “a new annual high in cash from operations.”
Seraphin said the company’s financial position supports strategic investment in its product roadmap and market expansion, with artificial intelligence and data center evolution as major drivers of secular growth. He described increasing workload complexity and performance requirements as increasing demand for higher bandwidth, higher capacity, and improved power efficiency in memory subsystems. Seraphin said this is accelerating the need for advanced memory and interconnect technologies and characterized Rambus’ power and signal integrity expertise as “fundamental.”
Seraphin also highlighted Rambus’ “more than 35 years of advanced semiconductor experience” and said the company offers chips and IP silicon designed to “maximize performance and security for the data center and other growth markets.” He added that Rambus products and innovations support the bandwidth, capacity and reliability needs for data-intensive applications such as AI training and inference.
Concluding, Seraphin said he was “very excited about the many opportunities ahead” and that Rambus’ focus on high-performance data center and AI products positions it for “long-term profitable growth” and “steady return of value” to shareholders.
Vice President and Interim CFO John Allen facilitated the shareholder question-and-answer portion of the virtual event, but said no questions were submitted. Then the meeting concluded.
Rambus Inc is a technology licensing company specializing in semiconductor and system-level interface solutions. Founded in 1990 by Stanford University researchers Mike Farmwald and Mark Horowitz, Rambus was headquartered in Sunnyvale, California. The company initially gained prominence by developing high-speed DRAM interface technology and securing an extensive patent portfolio covering memory architecture, data signaling, and power management innovations.
Rambus currently licenses its intellectual property (IP) to semiconductor companies, original equipment manufacturers (OEMs), and system integrators around the world.
The article “Rambus AGM: Shareholders elect 4 directors, back KPMG and Say-on-Pay as CEO Touts Record 2025” was originally published by MarketBeat.
