Central Pacific Financial Corp. (NYSE:CPF) Files An 8-K Submission of Matters to a Vote of Security HoldersItem 5.07 Submission of Matters to a Vote of Security Holders.
In connection with the Annual Meeting of Shareholders of Central Pacific Financial Corp. (the “Company”) the shareholders of the Company cast an advisory vote on whether the advisory shareholder Say-On-Pay vote should occur every 1, 2 or 3 years. The results of the shareholder vote on the frequency of the advisory Say-On-Pay vote were as follows:
Every Year |
Every 2 Years |
Every 3 Years |
Abstained |
20,383,936 |
10,944 |
6,139,248 |
9,293 |
In light of the results of such shareholder vote, on July25, 2017, the Board of Directors of the Company adopted a resolution to hold an advisory shareholder Say-On-Pay vote on an annual basis.