Kavilco Inc.
11/13/2024 | Press release | Distributed by Public on 11/13/2024 11:35
Proxy Results Form 8 K
Item 5.07 Submission of Matters to a Vote of Security Holders
Annual Election
The annual election of Kavilco Incorporated was resolved on November 9, 2024. Shareholders representing 5,787.17 shares, or 57%, of the voting shares as of the October 25, 2024 record date were present in person or were represented at the meeting by proxy. Final voting results are shown below. The percentages set out in the tables represent the ratio of the votes cast for each choice (For, Against, Abstain) to the total votes cast on a proposal. Shareholders were entitled to cumulative votes for the election of directors.
Directors elected at the meeting (the three (3) directors with the highest affirmative totals were elected):
|
Votes Cast For |
Votes Cast Against | Broker Non Votes | |||||
| Nominee | Number | % | Number | % | Abstain | % | n/a |
| Kenneth E. Gordon, Jr. | 4,866 | 37.11 | 0 | 0 | 0 | 0 | n/a |
| Janelle S. Hyatt | 3,483 | 29.14 | 0 | 0 | 0 | 0 | n/a |
| Frederick O. Olsen, Jr. | 4,282 | 33.75 | 0 | 0 | 0 | 0 | n/a |
| Abstain | n/a | n/a | n/a | n/a | n/a |
Approval of the following proposal required the affirmative vote of a majority of the votes cast.
| Votes Cast For | Votes Cast Against | Broker Non Votes | |||||
| Proposal | Number | % | Number | % | Abstain | % | |
| Ratification of appointment of independent auditors | 5,362 | 93 | 342 | 6 | 83 | 1 | n/a |