On January 24, 2019, Applied Materials, Inc announced that it has filed a definitive proxy statement soliciting proxies and urged the shareholders to vote against a proposal from Kenneth Steiner requesting the Company board of directors undertake such steps as may be necessary to permit written consent by shareholders entitled to cast the minimum number of votes that would be necessary to authorize the action at a meeting at which all shareholders entitled to vote thereon were present and voting at the Company’s annual general meeting of shareholders scheduled to be held on March 7, 2019.