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Executives

George M. Schisler - Vice President, General Counsel and Secretary

Joy Cartun

Lam Research Corporation (LRCX) 2012 Special Meeting of the Shareholders May 10, 2012 11:00 AM ET

George M. Schisler

Good morning, ladies and gentlemen. I'm George Schisler, Vice President, General Counsel and Secretary of Lam Research Corporation. It is my pleasure to welcome you to the May 10, 2012 Special Meeting of the Shareholders. Also I want to welcome those attending this meeting via the webcast.

The purpose of this meeting is to vote on the 2 items identified in the proxy statement. We'll have no comments nor take any questions in our business at this meeting.

As chairman of the meeting, I now call this May 10 2012 special meeting of stockholders to order. I note that the Board of Directors has designated Joy Cartun, Senior Director of Compliance, to serve as the Inspector of Election.

I've been informed by the Inspector of Election that based on the proxies filed prior to today's meeting, quorum is present. Now open for voting on the matters described in the agenda.

[Voting]

George M. Schisler

The polls are now closed. May I ask the Inspector of Election to report on the vote totals submitted by the stockholders.

Joy Cartun

Mr. Chairman, I'm pleased to report that as to proposal #1, the proposal has passed, approving issuance of shares of Lam Research's common stock to Novellus' shareholders [indiscernible]. And as to proposal #2, the proposal #1 passed, but proposal #2 was moved. But for the record, the proposal to adjourn this special meeting necessary or appropriate [indiscernible] proxy was also passed.

George M. Schisler

Thank you, Joy. The report of the Inspector of Election will be on file for inspection by stockholders upon request after the meeting. There being no further business before the meeting, I declare the meeting adjourned. Thank you for your participation today, and thank you for your attendance.

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Source: Lam Research's Management Hosts 2012 Special Meeting of the Shareholders (Transcript)
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