Ambarella (AMBA) Proxy filing summary

Executive summary

• Annual meeting scheduled for June 26, 2026, with a key proposal to amend and restate the 2021 Equity Incentive Plan by increasing available shares by 2,750,000.

• The share increase aims to support compensation programs for approximately two years, enabling continued investment in edge AI SoCs and long-term value creation.

• Record revenue of $390.7 million reported for fiscal year 2026, attributed to advancements in edge AI technology and a strong portfolio of AI model architectures.

Voting matters and shareholder proposals

• Proposal No. 4 seeks approval for the share increase under the 2021 Equity Incentive Plan.

• Board of directors unanimously recommends voting FOR the share increase.

Board of directors and corporate governance

• Board emphasizes the importance of equity compensation in attracting and retaining talent, especially engineers with AI and VLSI expertise.