CAS - China Automotive Systems Inc.

09/25/2024 | Press release | Distributed by Public on 09/25/2024 05:26

Proxy Results Form 8 K

Item 5.07 Submission of Matters to a Vote of Security Holders

The 2024 annual meeting of stockholders of China Automotive Systems, Inc. (the "Company") was held on September 24, 2024 (Tuesday) at the Second Floor Meeting Room, D8 Henglong Building, Optics Valley Software Park, No. 1 Guanshan First Avenue, Wuhan City, Hubei Province, the People's Republic of China. Of the 30,185,702 shares of the Company's common stock entitled to vote at the meeting, 23,874,663 shares, or 79.09%, were represented at the meeting in person or by proxy, constituting a quorum. The voting results are presented below.

1. Election of Directors

The Company's shareholders elected the five nominees below to hold office until the 2024 annual meeting of shareholders and until their successors are elected and qualified. Each of the nominees received more than a majority of the votes cast. The votes regarding the election of directors were as follows:

Nominee For

Authority

Withheld

Broker

Non-Votes

Hanlin Chen 21,474,244 106,313 -
Qizhou Wu 21,547,450 33,107 -
Guangxun Xu 20,787,513 793,044 -
Robert Wei Cheng Tung 21,546,055 34,502 -
Tong Kooi Teo 21,268,368 312,189 -
2. Ratification and Approval of the Appointment of Independent Auditor

The appointment of PricewaterhouseCoopers Zhong Tian LLP as the Company's independent auditors for the fiscal year ending December 31, 2024 was ratified and approved by the following votes:

For Against Abstained Broker Non-Vote
23,681,858 190,741 2,064 -