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RESULT OF ANNUAL GENERAL MEETING HELD ON 26 JUNE 2025

1. GigaMedia passed all resolutions at the AGM on June 26, 2025. 2. High approval rates indicate strong shareholder confidence in GigaMedia's strategy. 3. Authority to issue shares was approved, enabling potential capital raising. 4. Share purchase mandate received substantial backing, reflecting investor trust. 5. GigaMedia is a leader in digital entertainment services in Asia.

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FAQ

Why Bullish?

Strong support for resolutions, particularly for share issuance and buybacks, boosts investor confidence.

How important is it?

High approval ratings from shareholders indicate strong governance, which impacts price positively.

Why Short Term?

The approval of share issuance may lead to immediate market responses as capital strategies unfold.

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TSLAAPPLAMZN
, /PRNewswire/ -- GigaMedia Limited (NASDAQ: GIGM), a digital entertainment services provider, wishes to announce that at the Annual General Meeting ("AGM") of the Company held on 26 June 2025, all resolutions relating to the matters set out in the Notice of AGM dated 27 May 2025 were duly passed. Poll Results The results of the poll in respect of each of the resolutions put to vote at the AGM, as confirmed by scrutineer for the poll at the AGM, are as follow: Resolution 1 – Adoption of audited financial statements FOR AGAINST ABSTAIN No. of votes % of total votes exercised at AGM No. of votes % of total votes exercised at AGM No. of votes % of total votes exercised at AGM 3,850,472 99.25 25,806 0.67 2,951 0.08 Resolution 2 – Approval of appointment of auditors FOR AGAINST ABSTAIN No. of votes % of total votes exercised at AGM No. of votes % of total votes exercised at AGM No. of votes % of total votes exercised at AGM 6,608,722 96.22 202,859 2.95 56,942 0.83 Resolution 3 –Approval of Directors' remuneration FOR AGAINST ABSTAIN No. of votes % of total votes exercised at AGM No. of votes % of total votes exercised at AGM No. of votes % of total votes exercised at AGM 3,832,747 98.80 41,075 1.06 5,407 0.14 Resolution 4 – Approval for authority to allot and issue shares FOR AGAINST ABSTAIN No. of votes % of total votes exercised at AGM No. of votes % of total votes exercised at AGM No. of votes % of total votes exercised at AGM 3,787,887 97.65 86,930 2.24 4,412 0.11 Resolution 5 – Approval for share purchase mandate FOR AGAINST ABSTAIN No. of votes % of total votes exercised at AGM No. of votes % of total votes exercised at AGM No. of votes % of total votes exercised at AGM 3,843,218 99.07 31,089 0.80 4,922 0.13 About GigaMedia Headquartered in Taipei, Taiwan, GigaMedia Limited (Singapore registration number: 199905474H) is a diversified provider of digital entertainment services in Taiwan and Hong Kong. GigaMedia's digital entertainment service business is an innovative leader in Asia with growing capabilities of development, distribution and operation of digital entertainments, as well as platform services for games with a focus on mobile games and casual games. More information on GigaMedia can be obtained from www.gigamedia.com. The statements included above and elsewhere in this press release that are not historical in nature are "forward-looking statements" within the meaning of the "safe harbor" provisions of the Private Securities Litigation Reform Act of 1995. GigaMedia cautions readers that forward-looking statements are based on the company's current expectations and involve a number of risks and uncertainties. Actual results may differ materially from those contained in such forward-looking statements. Information as to certain factors that could cause actual results to vary can be found in GigaMedia's Annual Report on Form 20-F filed with the United States Securities and Exchange Commission in April 2025. SOURCE GigaMedia WANT YOUR COMPANY'S NEWS FEATURED ON PRNEWSWIRE.COM? 440k+ Newsrooms & Influencers 9k+ Digital Media Outlets 270k+ Journalists Opted In Also from this source

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