Ivanhoe Electric Inc. filed SEC Form 8-K: Submission of Matters to a Vote of Security Holders
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Item 5.07 Submission of Matters to a Vote of Security Holders.
On June 6, 2024, the Company held its 2024 Annual Meeting of Stockholders (“2024 Annual Meeting”) where the Company’s stockholders approved the following proposals:
| · | The election of nine directors to serve until their successors are duly elected and qualified at the next annual meeting of stockholders, subject to their earlier death, resignation or removal; and |
| · | The ratification of the selection of Deloitte LLP as the Company’s independent registered public accounting firm for the fiscal year ending December 31, 2024. |
| · | The frequency of future advisory votes on executive compensation. |
The voting results were as follows:
| For | Against | Abstain | Broker Non-Votes |
Election of Directors |
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Robert Friedland | 60,355,298 | 2,133,293 | 9,959,520 | 21,038,077 |
Taylor Melvin | 72,308,041 | 136,141 | 3,929 | 21,038,077 |
Russell Ball | 70,199,935 | 2,244,239 | 3,937 | 21,038,077 |
Sofia Bianchi | 65,913,310 | 6,531,242 | 3,559 | 21,038,077 |
Hirofumi Katase | 71,379,964 | 1,064,917 | 3,230 | 21,038,077 |
Patrick Loftus-Hills | 70,161,436 | 2,281,947 | 4,728 | 21,038,077 |
Victoire de Margerie | 72,347,122 | 96,586 | 4,403 | 21,038,077 |
Priya Patil | 61,211,767 | 11,232,463 | 3,881 | 21,038,077 |
Ronald Vance | 72,356,458 | 86,749 | 4,904 | 21,038,077 |
Ratification of Deloitte LLP | 93,437,304 | 42,208 | 6,676 | - |
| 1 year | 2 years | 3 years | Abstain |
Frequency of Future Advisory Votes on Executive Compensation | 60,671,069 | 1,729,186 | 9,996,970 | 50,886 |
By a plurality, the stockholders voted to approve, on an advisory basis, one year as the preferred frequency of future advisory votes on the compensation of the Company’s named executive officers.
In light of these results and in accordance with its previous recommendation in the proxy statement for the 2024 Annual Meeting, the Company’s Board of Directors determined that the Company will hold future advisory votes on executive compensation on an annual basis until the occurrence of the next advisory vote on the frequency of advisory votes on executive compensation. The next advisory vote regarding the frequency of advisory votes on executive compensation is required to occur no later than the Company’s 2030 Annual Meeting of Stockholders.
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SIGNATURES
Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized.
| IVANHOE ELECTRIC INC. |
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Date: June 6, 2024 | By: | /s/ Taylor Melvin |
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| Taylor Melvin |
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| President and Chief Executive Officer |
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