BALLANTYNE STRONG, INC. (NYSEAMERICAN: BTN) Files An 8-K Submission of Matters to a Vote of Security HoldersItem 5.07 Submission of Matters to a Vote of Security Holders.
Ballantyne Strong, Inc. (the “Company”) held its Annual Meeting of Stockholders on November 28, 2018 (the “Annual Meeting”). There were issued and outstanding and entitled to vote at the Annual Meeting 14,442,924 shares of common stock. There were present, in person or by proxy, 14,076,932 shares representing approximately 97.46% of the common stock issued and outstanding and entitled to vote. The matters set forth below were voted upon, with the results as indicated:
Proposal No. 1 – Election of Directors:
The Inspector of Elections certified the following vote tabulations for the seven nominees for election to the Board of Directors, all of whom were elected:
| For | Withheld | Broker Non-Votes | |
| D. Kyle Cerminara | 9,732,481 | 659,376 | 3,685,075 |
| William J. Gerber | 9,798,458 | 593,399 | 3,685,075 |
| Jack H. Jacobs | 9,781,085 | 610,772 | 3,685,075 |
| Lewis M. Johnson | 9,800,018 | 591,839 | 3,685,075 |
| Charles T. Lanktree | 9,795,957 | 595,900 | 3,685,075 |
| Robert J. Roschman | 9,727,846 | 664,011 | 3,685,075 |
| Ndamukong Suh | 9,733,700 | 658,157 | 3,685,075 |
Proposal No. 2 – Advisory Approval of Executive Compensation:
The Inspector of Elections certified the following advisory vote tabulations for the non-binding approval of the compensation of the Company’s Named Executive Officers, as described in the Company’s Proxy Statement:
| For | Against | Abstain | Broker Non-Votes |
| 8,677,856 | 1,704,515 | 9,486 | 3,685,075 |
Proposal No. 3 – Ratification of Appointment of Independent Auditors:
The Inspector of Elections certified the following vote tabulations for the proposal to ratify the appointment of BDO USA, LLP as the Company’s independent auditors for the fiscal year ending December 31, 2018:
| For | Against | Abstain |
| 13,964,969 | 83,577 | 28,386 |