• Tokyo Electron shareholders vote June 23, 2026 on a California Securities Act approval for granting share-related rights to group officers, employees in California.
• ISS recommends voting against the proposal, citing an inability to calculate potential dilution because the share issuance amount is not fully disclosed.
• The company argues the measure does not add a new stock compensation program, citing expected maximum 10-year dilution of about 4.5%.

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