UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
Washington, D.C.  20549
_______________

SCHEDULE 14A INFORMATION

Proxy Statement Pursuant to Section 14(a) of the Securities Exchange Act of 1934
(Amendment No.   )
Filed by the Registrant  [X]

Filed by a party other than the Registrant  [   ]

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[   ] Confidential, for Use of the Commission Only (as permitted by Rule 14a-6(e)(2))
[   ] Definitive Proxy Statement
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[   ]Soliciting Material under Rule 14a-12
 
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NVE Corporation

(Name of Registrant as Specified In Its Charter)
 
 
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Small NVE logo
11409 Valley View Road
Eden Prairie, MN 55344-3617
www.nve.com


NOTICE OF ANNUAL MEETING OF SHAREHOLDERS

Fellow Shareholders:

The Annual Meeting of Shareholders of NVE Corporation will be held Thursday, August 4, 2022 at 3:30 p.m. Central Daylight Time at the SpringHill Suites by Marriott, 11552 Leona Road, Eden Prairie, Minnesota, 55344. After holding virtual meetings in 2020 and 2021 because of the COVID-19 pandemic, we are pleased to return to our practice of in-person meetings. The Annual Meeting is being held for the following purposes:

           1.    Elect five directors.
 
2. Advisory approval of named executive officer compensation.
 
3. Ratify the selection of Boulay PLLP as our independent registered public accounting firm for the fiscal year ending March 31, 2023.
 
4. Consider and act on such other business as may properly come before the meeting or any adjournment or postponements of the meeting.

These items of business are more fully described in the proxy statement. The Board of Directors recommends a vote FOR each of the Director nominees, and FOR Proposals 2 and 3. Only shareholders of record at the close of business on the record date of June 10, 2022 are entitled to execute proxies or to vote at the 2022 Annual Meeting.

Our Proxy Materials include our 2022 Proxy Statement, our 2022 Letter to Shareholders, and our Annual Report on Form 10-K for the year ended March 31, 2022.

This Notice is being sent with paper copies of our Proxy Materials to registered shareholders, that is those whose shares were registered directly in shareholders’ names with our transfer agent as of the record date. “Street-name” shareholders, those whose shares are held in the name of a bank or broker on the shareholders’ behalf, are being sent a Notice of Internet Availability of Proxy Materials. Street-name shareholders must request paper copies of our Proxy Materials.
 
Sincerely,
/s/ Daniel A. Baker

Daniel A. Baker
President and CEO

June 20, 2022
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