KEMET Corporation (NYSE:KEM) Files An 8-K Submission of Matters to a Vote of Security Holders

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KEMET Corporation (NYSE:KEM) Files An 8-K Submission of Matters to a Vote of Security Holders

KEMET Corporation (NYSE:KEM) Files An 8-K Submission of Matters to a Vote of Security Holders
ITEM 5.07SUBMISSION OF MATTERS TO A VOTE OF SECURITY HOLDERS

On July25, 2018, the Company held its Annual Meeting. At the Annual Meeting, three proposals were voted upon by the Company’s stockholders. The proposals are described in the Company’s definitive proxy statement filed with the Securities and Exchange Commission on June 13, 2018. The following are the voting results for each matter submitted to the Company’s stockholders at the Annual Meeting.

The stockholders of the Company elected each of the director nominees proposed by the Company’s Board of Directors to serve three-year terms to expire in 2021 with the following vote:

For

Against

Abstentions

Broker Non-Votes

Dr. Wilfried Backes

37,228,124

329,807

29,524

13,767,206

Gurminder S. Bedi

37,090,067

475,719

21,669

13,767,206

Per-Olof Loof

37,140,390

420,732

26,333

13,767,206

2.

Ratification of the Appointment of Ernst & Young LLP
The stockholders of the Company ratified the appointment of Ernst & Young LLP as the Company’s independent registered public accounting firm for the fiscal year ending March 31, 2019 with the following vote:

For

Against

Abstentions

Broker Non-Votes

50,853,984

442,007

58,670

3.

Advisory Approval of Compensation Paid to Named Executive Officers
The stockholders of the Company approved, on an advisory basis, the compensation paid to the Company’s named executive officers with the following vote:

For

Against

Abstentions

Broker Non-Votes

36,048,542

1,470,227

68,686

13,767,206


About KEMET Corporation (NYSE:KEM)

KEMET Corporation (KEMET) is a manufacturer of passive electronic components. The Company operates in two segments: Solid Capacitors, and Film and Electrolytic. The Solid Capacitors segment primarily produces tantalum, aluminum, polymer and ceramic capacitors. Solid Capacitors also produces tantalum powder used in the production of tantalum capacitors. The Film and Electrolytic Business Group produces film, paper and wet aluminum electrolytic capacitors. It also designs and produces EMI Filters. The Company’s product offerings include surface mount, which are attached directly to the circuit board; leaded capacitors, which are attached to the circuit board using lead wires, and chassis-mount and other pin-through-hole board-mount capacitors, which utilize attachment methods, such as screw terminal and snap-in. The Company sells its products to a range of original equipment manufacturers (OEMs) and electronics manufacturing services (EMS) providers.