Jun 26, 2025   SOURCE: PR NewsWire

RESULT OF ANNUAL GENERAL MEETING HELD ON 26 JUNE 2025

TAIPEI, June 26, 2025 /PRNewswire/ -- GigaMedia Limited (NASDAQ: GIGM), a digital entertainment services provider, wishes to announce that at the Annual General Meeting ("AGM") of the Company held on 26 June 2025, all resolutions relating to the matters set out in the Notice of AGM dated 27 May 2025 were duly passed.

Poll Results

The results of the poll in respect of each of the resolutions put to vote at the AGM, as confirmed by scrutineer for the poll at the AGM, are as follow:

Resolution 1 - Adoption of audited financial statements

                 
     FOR                        
            AGAINST       
         ABSTAIN


          No.           % of total No. of       % of total     No. of         % of total
           of              votes    votes          votes        votes            votes
         votes
                   exercised at            exercised at                  exercised at
                        AGM                     AGM                           AGM


     
     3,850,472             99.25  25,806              0.67       2,951                0.08

Resolution 2 - Approval of appointment of auditors

                 
       FOR                       
              AGAINST       
          ABSTAIN


          No.            % of total No. of        % of total      No. of          % of total
           of               votes    votes           votes         votes             votes
         votes
                   exercised at             exercised at                    exercised at
                        AGM                      AGM                             AGM


     
     6,608,722              96.22 202,859               2.95       56,942                 0.83

Resolution 3 -Approval of Directors' remuneration

                 
       FOR                       
              AGAINST       
          ABSTAIN


          No.            % of total No. of        % of total      No. of          % of total
           of               votes    votes           votes         votes             votes
         votes
                   exercised at             exercised at                    exercised at
                        AGM                      AGM                             AGM


     
     3,832,747              98.80  41,075               1.06        5,407                 0.14

Resolution 4 - Approval for authority to allot and issue shares

                 
       FOR                       
              AGAINST           
     ABSTAIN


          No.            % of total No. of        % of total      No. of                % of total
           of               votes    votes           votes         votes                   votes
         votes
                   exercised at             exercised at                          exercised at
                        AGM                      AGM                                   AGM


     
     3,787,887              97.65  86,930               2.24        4,412                       0.11

Resolution 5 - Approval for share purchase mandate

                 
       FOR                       
              AGAINST       
          ABSTAIN


          No.            % of total No. of        % of total      No. of          % of total
           of               votes    votes           votes         votes             votes
         votes
                   exercised at             exercised at                    exercised at
                        AGM                      AGM                             AGM


     
     3,843,218              99.07  31,089               0.80        4,922                 0.13

About GigaMedia

Headquartered in Taipei, Taiwan, GigaMedia Limited (Singapore registration number: 199905474H) is a diversified provider of digital entertainment services in Taiwan and Hong Kong. GigaMedia's digital entertainment service business is an innovative leader in Asia with growing capabilities of development, distribution and operation of digital entertainments, as well as platform services for games with a focus on mobile games and casual games. More information on GigaMedia can be obtained from www.gigamedia.com.

The statements included above and elsewhere in this press release that are not historical in nature are "forward-looking statements" within the meaning of the "safe harbor" provisions of the Private Securities Litigation Reform Act of 1995. GigaMedia cautions readers that forward-looking statements are based on the company's current expectations and involve a number of risks and uncertainties. Actual results may differ materially from those contained in such forward-looking statements. Information as to certain factors that could cause actual results to vary can be found in GigaMedia's Annual Report on Form 20-F filed with the United States Securities and Exchange Commission in April 2025.

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SOURCE GigaMedia