Summary of POWER ONE INC - Yahoo! Finance

Item 5.07: Submission of Matters to Vote of Stockholders.

The Annual Meeting of Stockholders of Power-One, Inc. ("Power-One" or the "Company") was held on May 1, 2012. Proxies were solicited by the Company pursuant to Regulation 14 under the Securities Exchange Act of 1934 for the following four proposals:

Proposal 1: To elect the members of the Board of Directors;

Proposal 2: To adopt an advisory resolution on named executive officer compensation;

Proposal 3: To ratify the appointment of Deloitte & Touche LLP as the independent registered public accounting firm of Power-One for the 2012 fiscal year;

Proposal 4: To transact other business properly presented at the 2012 annual meeting and any adjournment(s) or postponement(s) thereof.

Proxies representing 108,619,876 shares of the common stock eligible to vote at the meeting, or 89.07% of the outstanding common shares, were voted.

The following is a tabulation of the votes with respect to each of the proposals:

                                  Proposal One

                             Election of Directors



                                   % of Voted
                                     Shares           Votes          Broker Non-
                      Votes For    Voting For   Withheld/Abstained      Votes
Jon Gacek             76,862,041     95.51%          170,403         28,312,994
Kambiz Hooshmand      79,185,705     98.82%          172,944         28,312,994
Mark Melliar-Smith    77,130,252     96.25%          170,803         28,312,994
Richard M. Swanson    77,535,084     96.75%          170,473         28,312,994
Richard J. Thompson   77,255,847     96.36%          135,371         28,312,994
Jay Walters           79,076,914     98.68%          170,603         28,312,994
Kyle Ryland           76,012,970     94.85%          170,153         28,312,994
Ajay Shah             75,996,461     94.83%          171,279         28,312,994

Proposal Two

Advisory Resolution on

Named Executive Officer Compensation

% of Voted
Shares Votes Votes Withheld/ Broker Votes For Voting For Against Abstained Non-Votes 77,310,880 96.27% 2,840,077 155,925 28,312,994

Proposal Three

Ratification of the Appointment of

Independent Registered Public Accounting Firm

% of Voted
Shares Votes Votes Broker Votes For Voting For Against Withheld/Abstained Non-Votes 105,001,191 96.67% 3,462,578 156,107 -0-

Proposal Four

Transaction of Other Business Properly Presented at the 2012 Annual Meeting

And Any Adjournment(s) or Postponement(s) Thereof

% of Voted
Shares Votes Votes Broker Votes For Voting For Against Withheld/Abstained Non-Votes 56,719,789 52.21% 49,834,214 2,065,873 -0-