Universal Display Corporation Holds Virtual 2024 Annual Meeting of Shareholders
“2023 was a significant year for our Company, as we continued to bolster our leadership position at the forefront of energy-efficient phosphorescent material solutions and best-in-class enabling OLED technologies,” said
Abramson continued, “We see tremendous opportunities ahead for OLEDs, including the OLED IT adoption cycle taking off; further OLED penetration in the smartphone market; OLED TV growth; the burgeoning OLED automotive market; as well as exciting possibilities in AR/VR, wearables, gaming and signage. In the coming years, we will continue to forge new paths, collaborate with our partners, and remain committed to excellence as we seize on the opportunities ahead and work to expand the already vast horizon of possibility for OLEDs.”
During the annual meeting, shareholders voted on the three proposals described in the Company’s proxy statement for the meeting. The shareholders re-elected all ten nominees for the Company’s Board of Directors; approved a non-binding, advisory resolution on compensation of the Company’s named executive officers; and ratified the appointment of
The virtual annual meeting was broadcasted over the Internet. An online archive of the meeting will be available on the events page of the Company's Investor Relations website at ir.oled.com.
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All statements in this document that are not historical, such as those relating to the projected adoption, development and advancement of the Company’s technologies, and the Company’s expected results and future declaration of dividends, as well as the growth of the OLED market and the Company’s opportunities in that market, are forward-looking financial statements within the meaning of the Private Securities Litigation Reform Act of 1995. You are cautioned not to place undue reliance on any forward-looking statements in this document, as they reflect Universal Display Corporation’s current views with respect to future events and are subject to risks and uncertainties that could cause actual results to differ materially from those contemplated. These risks and uncertainties are discussed in greater detail in Universal Display Corporation’s periodic reports on Form 10-K and Form 10-Q filed with the
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Universal Display Contact:
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