06/28/2024 | Press release | Distributed by Public on 06/28/2024 11:28
Item 5.07 | Submission of Matters to a Vote of Security Holders. |
On June 27, 2024, the Company held its 2024 Annual Meeting of Shareholders (the "Annual Meeting"). At the close of business on April 30, 2024, the record date for determination of shareholders entitled to vote at the Annual Meeting, there were 727,594,870 common shares of the Company issued and outstanding. At the Annual Meeting, the shareholders elected eleven directors to serve until the annual meeting in 2025, or until their successors have been elected and qualified; approved the Company's executive compensation on an advisory basis; ratified the selection of PricewaterhouseCoopers LLP as the Company's independent auditor for fiscal year 2024; rejected a shareholder proposal regarding a report on the public health costs from sale of tobacco products; rejected a shareholder proposal regarding listing of charitable contributions of $10,000 or more; rejected a shareholder proposal regarding adopting a living wage policy; and rejected a shareholder proposal regarding a just transition report.
The final results are as follows:
Director Election Proposal |
For |
Against |
Broker Non-Votes | ||
Nora A. Aufreiter | 557,735,203 | 11,795,735 | 63,566,975 | ||
Kevin M. Brown | 558,316,954 | 11,367,644 | 63,566,975 | ||
Elaine L. Chao | 556,235,083 | 13,382,554 | 63,566,975 | ||
Anne Gates | 547,864,674 | 21,625,894 | 63,566,975 | ||
Karen M. Hoguet | 563,558,844 | 6,092,356 | 63,566,975 | ||
W. Rodney McMullen | 525,875,276 | 43,889,043 | 63,566,975 | ||
Clyde R. Moore | 518,502,769 | 51,141,407 | 63,566,975 | ||
Ronald L. Sargent | 530,145,539 | 39,311,771 | 63,566,975 | ||
J. Amanda Sourry Knox | 561,469,251 | 8,054,016 | 63,566,975 | ||
Mark S. Sutton | 560,426,657 | 9,081,022 | 63,566,975 | ||
Ashok Vemuri | 562,733,597 | 6,758,385 | 63,566,975 |
Other Proposals |
For |
Against |
Abstain |
Broker Non-Votes |
Advisory vote approving executive compensation | 518,273,327 | 49,641,585 | 3,353,838 | 63,566,975 |
Ratification of PricewaterhouseCoopers LLP as independent auditor for fiscal year 2024 | 566,945,808 | 66,419,367 | 1,470,550 | |
Shareholder proposal regarding the Report on Public Health Costs from the Sale of Tobacco Products | 64,117,589 | 499,568,269 | 7,582,892 | 63,566,975 |
Shareholder proposal regarding Listing of Charitable Contributions of $10,000 or More | 33,959,540 | 531,821,762 | 5,487,448 | 63,566,975 |
Shareholder proposal regarding a living wage policy | 94,120,669 | 472,435,303 | 4,712,778 | 63,566,975 |