Company: DMRC
Filing Date: 2025-04-17
Form Type: PX14A6G
Source: 0001193125-25-084288
Chunk: 1

Company: Digimarc CORP
Filing Date: 2025-04-17
Form: PX14A6G
Chunk 1
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| • |     | Vote “WITHHOLD” on Kathleen Kool, who, as the previous Chair of the Compensation Committee, put in              
 place the misaligned incentives, and as Chair of the Board has failed to address the Company’s poor performance |

Ocho strongly urges all Digimarc shareholders to vote in the same manner. Digimarc has a unique technology that offers a compelling opportunity for enormous value creation on behalf of you, as shareholders. In order to achieve this potential, the Company requires 1) an experienced CEO who can deliver tangible results and communicate transparently, 2) fair compensation practices to reward performance that is aligned with shareholder value, and 3) a strong and capable Chair who can effectively oversee the Board. All of the above are imminently possible; right now, we have none.

If Ms. Kool and Mr. McCormack receive more “Withhold” votes than “For” votes, under the terms of the Company’s Corporate Governance Guidelines, they are required to submit their resignations as directors. The Board then has the discretion to accept the resignations or ignore shareholders by rejecting them. 1 WITHHOLD VOTES ON CEO RILEY MCCORMACK We are withholding our votes from Mr. McCormack for several reasons: 1. Destruction of shareholder value

| Nasdaq Composite             |     | 4/12/21 | 13,850.00 |     | 4/16/25 | 16,307.16 |     | % change |  18 | % |
|:-----------------------------|:----|:--------|----------:|:----|:--------|----------:|:----|:---------|----:|:--|
| DMRC stock price             |     | $       |     28.93 |     | $       |     11.48 |     |          | -60 | % |
| DMRC if performance = Nasdaq |     |         |           |     | $       |     34.06 |     |          |  18 | % |

| • |     | Digimarc’s stock price is down 60% in the four years since Mr. McCormack was named CEO |

| • |     | If Digimarc had matched the Nasdaq Composite Index, the Company’s stock price would be $34.06 (3.0x its 
 present level)                                                                                          |

| • |     | The equity market has unequivocally rebuked Mr.