Company: SNPS
Filing Date: 2025-02-14
Form Type: DEF 14A
Source: 0000883241-25-000008
Chunk: 23

Company: SYNOPSYS INC
Filing Date: 2025-02-14
Form: DEF 14A
Chunk 23
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ance of such practices, we previously amended our Amended and Restated Bylaws (Bylaws) to adopt a majority voting standard for director elections, to adopt the right for stockholders to call a special meeting, and to lower the stock ownership level required to call a special meeting in response to stockholder feedback. We continue to evaluate our governance practices to tailor them to be flexible and to evolve in response to ever-changing business, legal and social environments.

| BEST PRACTICES OF THE                                                 
 BOARD OF DIRECTORS                                                    |     | BOARD OF DIRECTORS COMMITTEE                                                                                                                                                  
 PRACTICES                                                                                                                                                                     |     | STOCKHOLDER                             
 ENGAGEMENT                              |
| •78% independent directors as of the conclusion of the Annual Meeting 
 •33% female directors as of the conclusion of the Annual Meeting      
 •Strong Lead Independent Director role                                
 •Annual director evaluation and director election                     
 •Majority voting standard in uncontested elections                    |     | •Expansive Board of Directors oversight                                                                                                                                       
 •Fully independent committees                                                                                                                                                 
 •Annual committee evaluations                                                                                                                                                 
 •All current Audit Committee members meet the Nasdaq Listing Standards requirement for financial sophistication and are audit committee financial experts under the SEC rules |     | •Proactive investor outreach program    
 •Annual communication with stockholders 
 •Annual advisory vote on Say-on-Pay     
 •Majority voting standard               
 •Right to call special meeting          |

#### Board of Directors Meetings and Attendance
Our Board of Directors held six meetings during fiscal 2024. Each director attended greater than 75% of all Board of Directors and applicable committee meetings that were held during his or her period of service as a director in fiscal 2024.

Board of Directors Attendance at Stockholders’ Meetings

Synopsys encourages director attendance at our annual stockholder meetings but does not require attendance or have a formal policy requiring attendance. All then-current directors attended the virtual 2024 Annual Meeting of Stockholders.

#### Corporate Governance Guidelines
Our Board of Directors is committed to sound and effective corporate governance practices. Accordingly, our Board of Directors has adopted Corporate Governance Guidelines, which describe the governance principles and procedures by which the Board functions. Our Board regularly reviews and evaluates these guidelines. Among other matters, the Corporate Governance Guidelines cover board oversight, composition and independence, guidance on board meetings, board membership criteria, majority voting standard in uncontested elections, holdover policy, director responsibilities, board committees, evaluation of our Chief Executive Officer, board assessment and senior management development and succession planning. The Corporate Governance Guidelines are available on our website at: https://