Pixelworks Adjourns Special Meeting to December 8, 2025, Seeking 67% Approval for Proposal 1

Pixelworks has adjourned its Special Meeting of Stockholders until December 8, 2025, as the required 67% approval for Proposal 1 was not received. The proposal authorizes the sale of Pixelworks Semiconductor Technology (Shanghai), a subsidiary held indirectly by the Company. Shareholders are urged to vote FOR Proposal 1, which has received significant support but not enough to meet the 67% threshold. The Board of Directors believes the approval of Proposal 1 is in the best interests of the Company and its shareholders.