On January 25, 2023, Applied Materials, Inc. filed a definitive proxy statement soliciting proxies and urged the shareholders to vote against a shareholder proposal, asking the board to take the steps necessary to amend the appropriate Company governing documents to give the owners of a combined 10% of the outstanding common stock the power to call a special shareholder meeting, submitted by Kenneth Steiner at the Company?s annual shareholders meeting scheduled to be held on March 9, 2023.