Amkor Technology, Inc. (AMKR) Earnings Call Transcript & Summary

Hello and welcome to the Annual Meeting of Stockholders of Amkor Technology, Inc. Please note that today's meeting is being recorded. [Operator Instructions] It is now my pleasure to turn today's meeting over to Giel Rutten, President and Chief Executive Officer and a director of Amkor Technology, Inc. Mr. Rutten, the floor is yours.

Good morning. I'm Giel Rutten, President and Chief Executive Officer and a director of Amkor Technology, Inc. It's my pleasure to welcome you to the 2021 Virtual Annual Meeting of Stockholders. Since we recently issued our first quarter earnings release and conducted an open conference call for all investors, we will not be making a formal business presentation today. However, stockholders will be able to ask questions on the web portal. Amkor's Corporate Secretary will read relevant stockholder questions at the appropriate time and may paraphrase for efficiency. Stockholder questions related to each proposal to be voted on in this meeting will be addressed after I present the relevant item of business, if such questions are timely received. Any other person and stockholder questions or remarks will be addressed after the polls have closed and the formal meeting has been adjourned. The other company representatives who are participating in today's meeting includes Mark Rogers, Executive Vice President, General Counsel and Corporate Secretary; and our incumbent directors. Also participating today are representatives from PricewaterhouseCoopers LLP, our independent accountants; and Computershare, our transfer agent. I now call the 2021 Annual Meeting of Stockholders to order. The record date for this meeting was March 22, 2021. Only stockholders of record on that date are entitled to vote at this meeting. The transfer agent has delivered an affidavit of mailing that notice of this meeting was duly given. A copy of the notice of meeting and the certificate of mailing will be made part of the minutes of this meeting. We have appointed Mark Rogers as the inspector of election for this meeting. Mark has the stockholder list of the company as of the record date for the meeting. That list is available on the web portal. He has advised me that we have a quorum, so this meeting qualifies for the transaction of business. I declare the polls open. Stockholders who have sent in proxies or who have already voted do not need to take any further action. Any stockholder who has not yet voted or wishes to change his or her vote may do so by following the instructions on the web portal. The polls will close after I've described the proposals. If any stockholder would like to make a comment regarding any of the proposals, please submit your comments through the web portal. The first item of business is the election of the following directors: James J. Kim, Susan Y. Kim, Giel Rutten, Douglas A. Alexander, Roger A. Carolin, Winston J. Churchill, Daniel Liao, MaryFrances McCourt, Robert R. Morse, Gil C. Tily and David N. Watson. I'll pause for any comments or questions received through our web portal. There aren't any, so I will proceed. The next order of business will be to approve on an advisory basis, the compensation of the company's named executive officers, as disclosed in the proxy statement. I pause for any comments or questions received through the web portal. There aren't any, so I will proceed. The next order of business will be to approve the 2021 equity incentive plan. I'll pause for any comments or questions received through our web portal. There aren't any, so I will proceed. The final order of business will be to approve the ratification of the appointment of PricewaterhouseCoopers LLP as the company's independent registered public accounting firm for the year ending December 31, 2021. I'll pause for any comments or questions received through our web portal. There aren't any, so the polls are now closed. I will now turn to Mark Rogers to provide the preliminary voting results.

Thank you, Mr. Rutten. The preliminary report of the inspector of elections is that each director nominee has been elected to serve as director for a 1-year term. The compensation of our named executive officers, as described in the proxy statement, has been approved on an advisory basis. The 2021 equity incentive plan has been approved and the ratification of PricewaterhouseCoopers LLP as the company's independent registered public accounting firm for the year ending December 31, 2021, has been approved. I now turn the meeting back over to Mr. Rutten.

This concludes the formal portion of this annual meeting of stockholders, which is now adjourned. I'll pause for any comments or questions received through our web portal. As there are no questions in the queue, the meeting is concluded. Thank you.

This concludes the meeting. You may now disconnect.