Aehr Test Systems shareholders ratify auditor and approve executive pay

Aehr Test Systems disclosed on October 20, 2026, that its shareholders approved all three proposals put to a vote at the company's annual meeting held on October 19, 2026. The filing reports that 22,928,987 shares of common stock were present in person or by proxy, representing the voting power out of 32,659,546 shares entitled to vote.

Under the first proposal, shareholders elected six nominees to the board of directors. Each director was elected to serve until the next annual meeting or until a successor is elected and qualified, or until earlier retirement, resignation, disqualification, removal, or death. Rhea J. Posedel received 13,494,820 votes in favor and 2,583,535 withheld. Gayn Erickson garnered 15,932,027 votes for and 146,328 withheld. Fariba Danesh received 15,718,153 votes for and 360,202 withheld. Laura Oliphant secured 15,621,279 votes for and 457,076 withheld. Geoffrey G. Scott obtained 14,590,033 votes for and 1,488,322 withheld. Howard T. Slayen received 14,703,035 votes for and 1,375,320 withheld. Broker non-votes totaled 6,850,632 for each of the six candidates.

The second proposal sought to ratify the selection of BPM LLP as the company's independent registered public accounting firm for the fiscal year ending June 25, 2027. The audit committee of the board of directors had selected BPM LLP for this role. Shareholders ratified the proposal with 22,678,561 votes in favor and 146,553 votes against. There were 103,873 abstentions and no broker non-votes recorded for this item.

The third proposal asked shareholders to approve, on a non-binding advisory basis, the compensation of the company's named executive officers. The proposal was approved with 15,164,072 votes in favor and 862,019 votes against. Shareholders recorded 52,264 abstentions and 6,850,632 broker non-votes on this measure.

The Form 8-K was signed by Chris P. Siu, Executive Vice President of Finance and Chief Financial Officer of Aehr Test Systems. The company is incorporated in California and maintains its principal executive offices in Fremont.