Mannatech, Incorporated (the “Company”) held its 2019>Annual Shareholders’ Meeting (the \”Meeting\”) on June 11, 2019. The Company’s shareholders considered five>proposals, each of which is described in the Proxy Statement. A total of 2,014,190>shares were represented in person or by proxy at the Meeting, or approximately 84.1%>of the total shares outstanding. The final results of votes with respect to the proposals submitted for shareholder vote at the Meeting are set forth below.

Proposal 1 – Election of Directors

Shareholders elected J. Stanley Fredrick, Eric W. Schrier, and Tyler Rameson as Class II directors.

Proposal 2 – Ratification of the Appointment of the Company’s Independent Registered Public Accounting Firm

Shareholders ratified the appointment of BDO USA, LLP as the Company’s independent public accounting firm for the fiscal year ending December 31, 2019.

Proposal 3 – Approval, on an advisory basis, of Executive Compensation (“Say-on-Pay”)

Shareholders approved, on an advisory basis, executive compensation.

Proposal 4 – Approval, on an advisory basis, of Frequency of Advisory Votes on Executive Compensation (\”Say-on-Frequency\”)

Shareholders approved, on an advisory basis, an annual frequency of shareholder advisory votes on executive compensation.

The Company intends to follow the shareholders\’ recommendation and include a shareholder advisory vote on executive compensation on an annual basis until the next required Say-on-Frequency vote.

Proposal 5 – Approval of Amendment to the 2017 Stock Incentive Plan

Shareholders approved the amendment to the 2017 Stock Incentive Plan.

A copy of the Company\’s press release related to the foregoing event is furnished as Exhibit 99.1 to this Current Report on Form 8-K.

Item 9.01 Financial Statements and Exhibits.

^*Furnished herewith.

MANNATECH INC Exhibit
EX-99.1 2 mtex8-kexh9912019sharehold.htm MTEX EXH 99.1 2019 SHAREHOLDER MEETING RESULTS Exhibit  Exhibit 99.1 CONTACTDonna [email protected] Announces Results of Annual Shareholders’ MeetingFLOWER MOUND,…
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About MANNATECH, INCORPORATED (NASDAQ:MTEX)

Mannatech, Incorporated is a wellness solution provider. The Company develops and sells nutritional supplements, topical and skin care and anti-aging products, and weight-management products. The Company operates through the segment of sale of nutritional supplements, skin care and anti-aging products, and weight management and fitness products through network marketing distribution channels in approximately 20 countries. Its Health category includes a range of daily nutritional supplements, health solutions for children and additional nutrients designed to help keep specific body systems at optimal levels. Its Weight and Fitness category offers products designed to curb appetite and burn fat, build lean muscle tissue, and support recovery from overexertion. Its Skin Care and Anti-Aging category offers products formulated with approximately 30 botanical ingredients. It sells products in three regions: North America/South America, Europe/the Middle East/Africa (EMEA) and Asia/Pacific.