Seagate Technology Holdings plc Approves Amended Employee Stock Purchase Plan and Equity Incentive Plan

Seagate Technology Holdings plc (the Company) held its 2025 Annual General Meeting (AGM) on October 25, 2025, where shareholders approved two key proposals: the Amended and Restated Employee Stock Purchase Plan (Amended ESPP) and the Amended and Restated 2022 Equity Incentive Plan (2022 EIP). The Amended ESPP increases the number of ordinary shares reserved for issuance by 10,000,000 and allows for the accumulation of notional fractional shares. The 2022 EIP increases the aggregate number of ordinary shares reserved for issuance by 3,800,000, increases the number of shares that may be issued or transferred pursuant to incentive stock options to 17,800,000, allows for the aggregation of share awards to eliminate fractional shares, and removes the expiration date of the 2022 EIP. Both plans were approved by a majority of shareholders. The Company also reported the election of eleven directors and the approval of other proposals, including the ratification of Ernst & Young LLP as the independent auditor for the fiscal year ending July 3, 2026.