ASCENA RETAIL GROUP, INC. (NASDAQ:ASNA) Files An 8-K Submission of Matters to a Vote of Security HoldersItem 5.07
Submission of Matters to a Vote of Security Holders.
On December7, 2017, Ascena Retail Group, Inc. (the “Company”) held its Annual Meeting of Stockholders (the “Annual Meeting”) in Mahwah, New Jersey. The final voting results for each of the matters submitted to a stockholder vote at the Annual Meeting are set forth below:
The stockholders elected three directors with terms expiring at the Company’s 2020 Annual Meeting of Stockholders, and subject to the election and qualification of their successors, based upon the following vote results:
The stockholders approved the amendment and restatement of the Ascena Retail Group, Inc. Employee Stock Purchase Plan (Amended and Restated as of January1, 2018), based upon the following vote results:
The stockholders approved, on a non-binding advisory basis, the compensation paid to the Company’s named executive officers during fiscal 2017 (commonly known as the “say-on-pay” proposal), based upon the following votes:
The stockholders approved, on a non-binding advisory basis, one year as the frequency of the advisory vote to approve compensation paid to the Company’s named executive officers, based upon the following votes:
The stockholders ratified the appointment of Deloitte& Touche LLP as the Company’s Independent Registered Public Accounting Firm for the fiscal year ending August4, 2018, based upon the following votes:
About ASCENA RETAIL GROUP, INC. (NASDAQ:ASNA) Ascena Retail Group, Inc. is a specialty retailer of apparel for women and tween girls. The Company operates through six segments: ANN, Justice, Lane Bryant, maurices, dressbarn and Catherines. The ANN segment offers feminine classics and fashion choices, sold primarily under the Ann Taylor and LOFT brands. The Justice segment offers apparel to girls who are aged 6 to 12. The Lane Bryant segment offers apparel to female customers in plus-sizes 14-28. The maurices segment offers women’s casual clothing, career wear, dressy apparel, active wear and accessories. The dressbarn segment consists of the specialty retail, outlet and e-commerce operations of the dressbarn brand. The Catherines segment offers classic apparel and accessories to female customers for wear-to-work and casual lifestyles. As of July 30, 2016, the Company operated approximately 4,900 stores in 49 United States’ states, the District of Columbia, Canada and Puerto Rico.