Argo Group International Holdings, Ltd. (NASDAQ:AGII) Files An 8-K Submission of Matters to a Vote of Security HoldersITEM5.07. Submission of Matters to a Vote of Security Holders
(a)-(b) The Company held its 2017 Annual General Meeting on June1, 2017. At the 2017 Annual General Meeting, the Companys stockholders (1)elected the Companys three ClassI director nominees to the Companys board of directors, (2)approved the Companys executive compensation on a non-binding, advisory basis, (3)selected, on an advisory, non-binding basis, that an advisory vote on the Companys executive compensation should be held annually and (4)approved Ernst Young LLPs appointment as the Companys independent auditors for the fiscal year ending December31, 2017 and referred their remuneration to the Audit Committee of the Companys board of directors.
The results of each vote, including the number of abstentions and broker non-votes, are set forth below for each matter brought to a stockholder vote at the 2017 Annual General Meeting.
| Director | For | Against | Abstentions | Broker Non-Votes | ||||||||||||
| H. Berry Cash | 25,761,808 | 137,902 | 57,056 | 1,773,230 | ||||||||||||
| John R. Power, Jr. | 25,710,094 | 189,529 | 57,143 | 1,773,230 | ||||||||||||
| Mark E. Watson III | 25,777,845 | 122,415 | 56,506 | 1,773,230 | ||||||||||||
| For | Against | Abstentions | Broker Non-Votes | |||||||||||||
| Advisory approval of executive compensation | 25,297,819 | 605,457 | 53,490 | 1,773,230 | ||||||||||||
| 1 Year | 2 Years | 3 Years | Abstentions | |||||||||||||
| Frequency of advisory vote on executive compensation | 20,984,531 | 37,722 | 4,914,779 | 19,734 | ||||||||||||
| For | Against | Abstentions | ||||||||||
| Approval of Independent Auditors; Referral of Remuneration | 27,257,118 | 446,462 | 26,416 | |||||||||
(d) On June1, 2017, following the Companys 2017 Annual General Meeting, the Companys board of directors adopted a resolution providing that an advisory vote on executive compensation would be held annually until the next required vote on the frequency of such votes.
About Argo Group International Holdings, Ltd. (NASDAQ:AGII)
Argo Group International Holdings, Ltd. is an underwriter of specialty insurance and reinsurance products in the property and casualty market. The Company operates through four segments: Excess and Surplus Lines, Commercial Specialty, International Specialty and Syndicate 1200. Excess and Surplus Lines segment carriers focus on risks that the standard (admitted) market is unwilling or unable to underwrite. The Excess and Surplus Lines segment consists of two operating platforms: Colony Specialty and Argo Pro. Commercial Specialty segment provides property, casualty and surety coverages designed to meet the insurance needs of businesses within certain markets. International Specialty segment underwrites insurance and reinsurance risks. The Syndicate 1200 segment underwrites around the world property, specialty and non-United States liability insurance. Argo Group International Holdings, Ltd. (NASDAQ:AGII) Recent Trading Information
Argo Group International Holdings, Ltd. (NASDAQ:AGII) closed its last trading session up +0.20 at 62.70 with 129,142 shares trading hands.
