Nova Ltd. Amends Proposal to Exclude CEO Bonus Increase from 2025 Proxy Statement

Reuters

06-11

<a href="https://laohu8.com/S/NVMI">Nova Ltd</a>. Amends Proposal to Exclude CEO Bonus Increase from 2025 Proxy Statement

Nova Ltd. recently announced a revision to its Proxy Statement for the 2025 Annual General Meeting of Shareholders. The company has decided to amend Proposal No. 3, initially outlining changes to the annual bonus plan for the CEO. The proposed increase in the maximum annual target cash bonus from twelve to fourteen monthly base salaries has been reserved and omitted from the proposal. Nova Ltd. emphasized its commitment to maintaining competitive compensation practices and plans to review its bonus plan framework ahead of the 2026 annual meeting. This decision was communicated through a supplemental proxy statement filed with the SEC.

Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Nova Ltd. published the original content used to generate this news brief via EDGAR, the Electronic Data Gathering, Analysis, and Retrieval system operated by the U.S. Securities and Exchange Commission (Ref. ID: 0001178913-25-002145), on June 10, 2025, and is solely responsible for the information contained therein.

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Amends Proposal to Exclude CEO Bonus Increase from 2025 Proxy Statement","media":"Reuters","content":"<html xmlns=\"http://www.w3.org/1999/xhtml\" xmlns:newsg2=\"http://iptc.org/std/nar/2006-10-01/\" xmlns:xhtml=\"http://www.w3.org/1999/xhtml\"><head><title>\n      <a href=\"https://laohu8.com/S/NVMI\">Nova Ltd</a>. Amends Proposal to Exclude CEO Bonus Increase from 2025 Proxy Statement\n    </title></head><body><div xmlns:xsd=\"http://www.w3.org/2001/XMLSchema\" xmlns:xsi=\"http://www.w3.org/2001/XMLSchema-instance\">\n<p>\n        Nova Ltd. recently announced a revision to its Proxy Statement for the 2025 Annual General Meeting of Shareholders. The company has decided to amend Proposal No. 3, initially outlining changes to the annual bonus plan for the CEO. The proposed increase in the maximum annual target cash bonus from twelve to fourteen monthly base salaries has been reserved and omitted from the proposal. 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Amends Proposal to Exclude CEO Bonus Increase from 2025 Proxy Statement\n</h2>\n<h4 class=\"meta\">\n<a class=\"head\" href=\"https://laohu8.com/wemedia/1032215980\">\n\n<div class=\"h-thumb\" style=\"background-image:url(https://community-static.tradeup.com/news/4567337cbdf294b657b1fa87c5488b48);background-size:cover;\"></div>\n\n<div class=\"h-content\">\n<p class=\"h-name\">Reuters </p>\n<p class=\"h-time smaller\">2025-06-11 00:20</p>\n</div>\n</a>\n</h4>\n</header>\n<article>\n<html xmlns=\"http://www.w3.org/1999/xhtml\" xmlns:newsg2=\"http://iptc.org/std/nar/2006-10-01/\" xmlns:xhtml=\"http://www.w3.org/1999/xhtml\"><head><title>\n      <a href=\"https://laohu8.com/S/NVMI\">Nova Ltd</a>. Amends Proposal to Exclude CEO Bonus Increase from 2025 Proxy Statement\n    </title></head><body><div xmlns:xsd=\"http://www.w3.org/2001/XMLSchema\" xmlns:xsi=\"http://www.w3.org/2001/XMLSchema-instance\">\n<p>\n        Nova Ltd. recently announced a revision to its Proxy Statement for the 2025 Annual General Meeting of Shareholders. The company has decided to amend Proposal No. 3, initially outlining changes to the annual bonus plan for the CEO. The proposed increase in the maximum annual target cash bonus from twelve to fourteen monthly base salaries has been reserved and omitted from the proposal. Nova Ltd. emphasized its commitment to maintaining competitive compensation practices and plans to review its bonus plan framework ahead of the 2026 annual meeting. 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ID: 0001178913-25-002145), on June 10, 2025, and is solely responsible for the information contained therein.</span></em>\n</div></body></html>\n</article>\n</div>\n</body>\n</html>\n","isBrief":false,"type":0,"news_type":1,"symbol":"NVMI","symbol_name":"Nova Ltd","start_time":0,"source_url":"https://api.refinitiv.com/data/news/v1/stories/urn:newsml:reuters.com:20250610:nNDL7vJggF:1","article_id":"2542349360","we_media_id":"1032215980","thumbnails":[],"rights":null,"url":"https://stock-news.laohu8.com/highlight/detail?id=2542349360","pubTimestamp":1749572446,"columns":[],"sourceInfo":null,"weMediaInfo":{"media_name":"Reuters","introduction":"Reuters.com brings you the latest news from around the world, covering breaking news in markets, business, politics, entertainment and technology","home_visible":1,"id":"1032215980","head_image":"https://community-static.tradeup.com/news/4567337cbdf294b657b1fa87c5488b48"},"summary":"Nova Ltd. recently announced a revision to its Proxy Statement for the 2025 Annual General Meeting of Shareholders. 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Nova Ltd. emphasized its commitment to maintaining competitive compensation practices and plans to review its bonus plan framework ahead of the 2026 annual meeting. This decision was communicated through a supplemental proxy statement filed with the SEC.\n      \n\nDisclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Nova Ltd. published the original content used to generate this news brief via EDGAR, the Electronic Data Gathering, Analysis, and Retrieval system operated by the U.S. Securities and Exchange Commission (Ref. 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