Radware® (NASDAQ: RDWR), is a global leader in application security
and delivery solutions for multi-cloud environments, today
announced that its 2024 Annual General Meeting of Shareholders will
be held on Thursday, October 10, 2024, at 3:00 p.m. (Israel time),
at the offices of the Company, 22 Raoul Wallenberg Street, Tel
Aviv, Israel. The record date for the Annual General Meeting is
September 6, 2024.
The agenda of the Annual General Meeting is as
follows:
- To elect Mr. Yuval Cohen and Prof. Yair Tauman as Class I
directors of the Company until the annual general meeting of
shareholders to be held in 2027 and to elect Mr. Alex Pinchev as
Class III director of the Company until the annual general meeting
of shareholders to be held in 2026;
- To approve grants of equity-based
awards to the President and Chief Executive Officer of the Company;
and
- To approve the reappointment of
Kost Forer Gabbay & Kasierer, a member of Ernst & Young
Global, as the Company’s auditors, and to authorize the Board of
Directors to delegate to the Audit Committee the authority to fix
their remuneration in accordance with the volume and nature of
their services.
In addition to the proposals listed above, at
the Annual General Meeting, the Company will (i) present and
discuss the financial statements of the Company for the year ended
December 31, 2023, and the auditors’ report for this period; and
(ii) transact such other business as may properly come before the
Annual General Meeting or any adjournment thereof.
All Proposals require the approval of a simple
majority of the shares voted on the matter at the Annual General
Meeting, either in person or by proxy; provided that with respect
to Proposal 2 either (i) the shares voted in favor of the
proposal include at least a majority of the shares voted at the
Annual General Meeting, either in person or by proxy, by
shareholders who are not “controlling shareholders” and do not have
a “personal interest” (as such terms are defined in the Israeli
Companies Law, 5759-1999 (the “Companies Law”)) in such proposal or
(ii) the total number of shares voted against such proposal by
the disinterested shareholders described in clause (i) does not
exceed 2% of the aggregate voting rights in the Company. As of the
date hereof, the Company has no controlling shareholder within the
meaning of the Companies Law.
In the absence of the requisite quorum of
shareholders at the Annual General Meeting, the Annual General
Meeting shall be adjourned to the same day in the next week, at the
same time and place, unless otherwise determined at the Annual
General Meeting in accordance with the Company’s Articles of
Association.
Additional Information and Where to Find
ItIn connection with the Annual General Meeting, Radware
will make available to its shareholders of record a proxy statement
describing the various proposals to be voted upon at the Annual
General Meeting, along with a proxy card enabling them to indicate
their vote on each matter. The Company will also furnish copies of
the proxy statement and proxy card to the U.S. Securities and
Exchange Commission (SEC) on Form 6-K, which may be obtained for
free from the SEC’s website at www.sec.gov, the Company’s website
at https://www.radware.com/ir/financial-info/ or by directing
such request to the Company’s Investor Relations department at
ir@radware.com.
About Radware
Radware® (NASDAQ: RDWR) is a global leader in application
security and delivery solutions for multi-cloud environments. The
company’s cloud application, infrastructure, and API security
solutions use AI-driven algorithms for precise, hands-free,
real-time protection from the most sophisticated web, application,
and DDoS attacks, API abuse, and bad bots. Enterprises and carriers
worldwide rely on Radware’s solutions to address evolving
cybersecurity challenges and protect their brands and business
operations while reducing costs. For more information, please visit
the Radware website.
Radware encourages you to join our community and follow us on:
Facebook, LinkedIn, Radware Blog, X, YouTube, and Radware Mobile
for iOS.
©2024 Radware Ltd. All rights reserved. Any Radware products and
solutions mentioned in this press release are protected by
trademarks, patents, and pending patent applications of Radware in
the U.S. and other countries. For more details, please
see: https://www.radware.com/LegalNotice/. All other
trademarks and names are property of their respective owners.
Radware believes the information in this document is accurate in
all material respects as of its publication date. However, the
information is provided without any express, statutory, or implied
warranties and is subject to change without notice.
The contents of any website or hyperlinks mentioned in this
press release are for informational purposes and the contents
thereof are not part of this press release.
ContactsInvestor Relations:Yisca Erez,
+972-72-3917211, ir@radware.com
Media Contacts:Gerri Dyrek, gerri.dyrek@radware.com
Safe Harbor Statement This
press release includes “forward-looking statements” within the
meaning of the Private Securities Litigation Reform Act of 1995.
Any statements made herein that are not statements of historical
fact, including statements about Radware’s plans, outlook, beliefs,
or opinions, are forward-looking statements. Generally,
forward-looking statements may be identified by words such as
“believes,” “expects,” “anticipates,” “intends,” “estimates,”
“plans,” and similar expressions or future or conditional verbs
such as “will,” “should,” “would,” “may,” and “could.” Because such
statements deal with future events, they are subject to various
risks and uncertainties, and actual results, expressed or implied
by such forward-looking statements, could differ materially from
Radware’s current forecasts and estimates. Factors that could cause
or contribute to such differences include, but are not limited to:
the impact of global economic conditions, including as a result of
the state of war declared in Israel in October 2023 and instability
in the Middle East, the war in Ukraine, and the tensions between
China and Taiwan; our dependence on independent distributors to
sell our products; our ability to manage our anticipated growth
effectively; a shortage of components or manufacturing capacity
could cause a delay in our ability to fulfill orders or increase
our manufacturing costs; our business may be affected by sanctions,
export controls, and similar measures, targeting Russia and other
countries and territories, as well as other responses to Russia’s
military conflict in Ukraine, including indefinite suspension of
operations in Russia and dealings with Russian entities by many
multi-national businesses across a variety of industries; the
ability of vendors to provide our hardware platforms and components
for the manufacture of our products; our ability to attract, train,
and retain highly qualified personnel; intense competition in the
market for cyber security and application delivery solutions and in
our industry in general, and changes in the competitive landscape;
our ability to develop new solutions and enhance existing
solutions; the impact to our reputation and business in the event
of real or perceived shortcomings, defects, or vulnerabilities in
our solutions, if our end-users experience security breaches, if
our information technology systems and data, or those of our
service providers and other contractors, are compromised by
cyber-attackers or other malicious actors or by a critical system
failure; outages, interruptions, or delays in hosting services; the
risks associated with our global operations, such as difficulties
and costs of staffing and managing foreign operations, compliance
costs arising from host country laws or regulations, partial or
total expropriation, export duties and quotas, local tax exposure,
economic or political instability, including as a result of
insurrection, war, natural disasters, and major environmental,
climate, or public health concerns, such as the COVID-19 pandemic;
our net losses in the past two years and possibility we may incur
losses in the future; a slowdown in the growth of the cyber
security and application delivery solutions market or in the
development of the market for our cloud-based solutions; long sales
cycles for our solutions; risks and uncertainties relating to
acquisitions or other investments; risks associated with doing
business in countries with a history of corruption or with foreign
governments; changes in foreign currency exchange rates; risks
associated with undetected defects or errors in our products; our
ability to protect our proprietary technology; intellectual
property infringement claims made by third parties; laws,
regulations, and industry standards affecting our business;
compliance with open source and third-party licenses; and other
factors and risks over which we may have little or no control. This
list is intended to identify only certain of the principal factors
that could cause actual results to differ. For a more detailed
description of the risks and uncertainties affecting Radware, refer
to Radware’s Annual Report on Form 20-F, filed with the Securities
and Exchange Commission (SEC), and the other risk factors discussed
from time to time by Radware in reports filed with, or furnished
to, the SEC. Forward-looking statements speak only as of the date
on which they are made and, except as required by applicable law,
Radware undertakes no commitment to revise or update any
forward-looking statement in order to reflect events or
circumstances after the date any such statement is made. Radware’s
public filings are available from the SEC’s website at www.sec.gov
or may be obtained on Radware’s website at www.radware.com.
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