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Applied Materials, Inc. appointed Akash Palkhiwala to its Board of Directors and Audit Committee effective August 27…

AMATApplied Materials Inc

Applied Materials, Inc. appointed Akash Palkhiwala to its Board of Directors and Audit Committee effective August 27, 2026. Mr. Palkhiwala, currently Chief Financial Officer and Chief Operating Officer of Qualcomm Incorporated, brings extensive financial and operational leadership experience in the computing and technology industry. His compensation includes a $100,000 annual retainer, a $25,000 Audit Committee retainer, and an automatic grant of restricted stock units valued at $250,000, vesting on March 1, 2027. Applied Materials is the leader in materials engineering solutions for the semiconductor and advanced display industries.

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