Walgreens Boots Alliance 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.
(a) Walgreens Boots Alliance, Inc. (the “Company”) held its 2024 Annual Meeting of Stockholders (the “Annual Meeting”) on January 25, 2024.
(b) Set forth below are the voting results for each of the proposals submitted to a vote of the Company’s stockholders at the Annual Meeting:
Proposal No. 1: The stockholders elected each of the following directors to serve on the Company’s Board of Directors (the “Board”) until the next Annual Meeting of Stockholders or until such director’s respective successor is elected and qualified (or any such director’s earlier death, resignation or removal):
| Votes For | Votes Against | Abstentions | Broker Non-Votes |
|||||||||||||
| Janice M. Babiak |
578,447,830 | 19,753,623 | 1,932,566 | 128,393,075 | ||||||||||||
| Inderpal S. Bhandari |
583,121,897 | 15,045,688 | 1,966,434 | 128,393,075 | ||||||||||||
| Ginger L. Graham |
554,082,572 | 44,214,380 | 1,837,067 | 128,393,075 | ||||||||||||
| Bryan C. Hanson |
583,761,189 | 14,399,693 | 1,973,137 | 128,393,075 | ||||||||||||
| Robert L. Huffines |
590,176,727 | 7,963,116 | 1,994,176 | 128,393,075 | ||||||||||||
| Valerie B. Jarrett |
576,900,299 | 21,446,824 | 1,786,896 | 128,393,075 | ||||||||||||
| John A. Lederer |
577,621,999 | 20,582,282 | 1,929,738 | 128,393,075 | ||||||||||||
| Stefano Pessina |
573,698,218 | 24,456,236 | 1,979,565 | 128,393,075 | ||||||||||||
| Thomas E. Polen |
589,008,917 | 9,059,474 | 2,065,628 | 128,393,075 | ||||||||||||
| Nancy M. Schlichting |
563,453,146 | 34,825,793 | 1,855,080 | 128,393,075 | ||||||||||||
| Timothy C. Wentworth |
589,730,405 | 8,678,203 | 1,725,411 | 128,393,075 | ||||||||||||
Proposal No. 2: The proposal to ratify the appointment of Deloitte & Touche LLP as the Company’s independent registered public accounting firm for fiscal year 2024 was approved. There were 698,696,401 votes for, 27,533,155 votes against, and 2,297,538 abstentions.
Proposal No. 3: The proposal to approve, on an advisory basis, the compensation of the Company’s named executive officers, as set forth in the proxy statement for the Annual Meeting, was approved. There were 518,519,997 votes for, 77,745,201 votes against, and 3,868,821 abstentions. There were 128,393,075 broker non-votes on this proposal.
Proposal No. 4: The proposal for stockholders to vote, on an advisory basis, on the frequency of future advisory votes on named executive officer compensation received the following votes: 1 year, 590,261,297; 2 years, 2,041,978; 3 years, 5,195,788; and 2,634,956 abstentions. There were 128,393,075 broker non-votes on this proposal.
Proposal No. 5: The stockholder proposal requesting a report on cigarette waste was not approved. There were 35,848,164 votes for, 558,663,096 votes against, and 5,622,759 abstentions. There were 128,393,075 broker non-votes on this proposal.
Proposal No. 6: The stockholder proposal requesting an independent board chairman was not approved. There were 188,803,480 votes for, 408,663,120 votes against, and 2,667,419 abstentions. There were 128,393,075 broker non-votes on this proposal.
Proposal No. 7: The stockholder proposal requesting a living wage policy was not approved. There were 56,709,115 votes for, 529,608,484 votes against, and 13,816,420 abstentions. There were 128,393,075 broker non-votes on this proposal.
Proposal No. 8: The stockholder proposal requesting an EEO policy risk report was not approved. There were 8,163,750 votes for, 586,124,153 votes against, and 5,846,116 abstentions. There were 128,393,075 broker non-votes on this proposal.
Proposal No. 9: The stockholder proposal requesting a report on risks of reproductive healthcare legislation was not approved. There were 46,302,172 votes for, 545,829,477 votes against, and 8,002,370 abstentions. There were 128,393,075 broker non-votes on this proposal.
(d) Following the stockholder vote on Proposal No. 4 described in Item 5.07(b) above, the Board determined that stockholder advisory votes regarding the compensation of the Company’s named executive officers (“say-on-pay” votes) will be held each year at the Company’s Annual Meeting of Stockholders until the next advisory vote of stockholders is held regarding the frequency of stockholder say-on-pay votes.
SIGNATURE
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.
| WALGREENS BOOTS ALLIANCE, INC. | ||||||
| Date: January 31, 2024 | By: | /s/ Joseph B. Amsbary Jr. | ||||
| Name: | Joseph B. Amsbary Jr. | |||||
| Title: | Senior Vice President, Corporate Secretary | |||||