Xos Inc.

06/26/2024 | Press release | Distributed by Public on 06/26/2024 14:02

Submission of Matters to a Vote of Security Holders Form 8 K

Item 5.07. Submission of Matters to a Vote of Security Holders.
On June 24, 2024, Xos, Inc., (the "Company") virtually held its 2024 annual meeting of stockholders (the "Annual Meeting"). Present at the Annual Meeting virtually or by proxy were the holders of 4,828,644 shares of common stock of the Company, representing 61.34% of the 7,872,125 shares of common stock outstanding as of the close of business on April 26, 2024, the record date for the Annual Meeting, and constituting a quorum for the transaction of business.
At the Annual Meeting, the Company's stockholders voted on three proposals, each of which is described in more detail in the Company's definitive proxy statement on Schedule 14A filed with the U.S. Securities and Exchange Commission on April 29, 2024. The following is a brief description of each matter voted upon and the certified results, including the number of votes cast for or against each matter and, if applicable, the number of abstentions and broker non-votes with respect to each matter.
1.To elect the following three Class III directors to hold office until the Company's 2027 Annual Meeting of stockholders. The voting results were as follows:
Name Votes For Votes Withheld Broker Non-Votes
Stuart Bernstein 3,402,714 122,823 1,303,107
Dietmar Ostermann 3,489,336 36,201 1,303,107
Dakota Semler 3,470,571 54,966 1,303,107
2.To ratify the appointment of Grant Thornton LLP as the Company's independent registered public accounting firm for the fiscal year ending December 31, 2024. The voting results were as follows:
Votes For Votes Against Abstentions
4,785,059 28,015 15,570
3.To approve the Amended and Restated 2021 Equity Incentive Plan to increase the aggregate number of shares of the Company's common stock reserved for issuance under the 2021 Equity Incentive Plan by 1,180,819 shares. The voting results were as follows:
Votes For Votes Against Abstentions Broker Non-Votes
3,253,535 263,070 8,932 1,303,107