Pixelworks, Inc. Adjourns 2025 Special Meeting of Shareholders

Pixelworks, Inc. reconvened its 2025 Special Meeting of Shareholders on December 19, 2025. As of that date, the company had not yet received proxies or voting instructions representing 67% or more of the outstanding shares in favor of Proposal 1, which concerns the sale of all shares of Pixelworks Semiconductor Technology (Shanghai) Co., Ltd. owned indirectly by the company. Consequently, the Special Meeting was adjourned without a vote on Proposal 1 or Proposal 2. The meeting will reconvene on December 31, 2025, at 9:00 a.m. Pacific Time via remote communication.