SOUTHERN COPPER CORPORATION (NYSE:SCCO) Files An 8-K Submission of Matters to a Vote of Security Holders

ME Staff 8-k

7 years ago

SOUTHERN COPPER CORPORATION (NYSE:SCCO) 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 April26, 2018, Southern Copper Corporation (the “Company” or “SCC”), held its 2018 Annual Meeting of Stockholders. The total outstanding voting securities eligible to vote were 773,028,469 shares of Common Stock. 753,115,311 shares, constituting approximately 97.42 % of the total outstanding shares eligible to vote at the meeting, were present in person or by proxy. The stockholders were asked to take the following actions:

1. To elect our eleven directors, who will serve until the 2019 annual meeting.

2. To approve the amendments to the Company’s Directors’ Stock Award Plan and the extension of the term of the plan for five years.

3. To ratify the selection by the Audit Committee of the Board of Directors of Galaz, Yamazaki, Ruiz Urquiza S.C., a member firm of Deloitte Touche Tohmatsu Limited, as our independent accountants for calendar year 2018.

4. To approve, by non-binding advisory vote, our executive compensation.

PROPOSAL 1 — ELECTION OF DIRECTORS

The results of the vote were as follows:

NumberofShares
Name	For	Withheld	BrokerNon-Votes
Germán Larrea Mota-Velasco	680,950,903	30,191,086	41,973,321
Oscar González Rocha	685,841,860	25,300,130	41,973,321
Vicente Ariztegui Andreve	710,595,419	546,570	41,973,321
Alfredo Casar Pérez	703,872,527	7,269,463	41,973,321
Enrique Castillo Sánchez Mejorada	706,956,930	4,185,060	41,973,321
Xavier García de Quevedo Topete	683,819,489	27,322,500	41,973,321
Rafael Mac Gregor Anciola	710,139,612	1,002,377	41,973,321
Daniel Muñiz Quintanilla	708,812,476	2,329,513	41,973,321
Luis Miguel Palomino Bonilla	703,069,805	8,072,185	41,973,321
Gilberto Perezalonso Cifuentes	680,814,728	30,327,261	41,973,321
Carlos Ruiz Sacristán	703,263,681	7,878,308	41,973,321

PROPOSAL 2 APPROVAL OF AMENDMENTS TO THE COMPANY’S DIRECTORS’ STOCK AWARD PLAN AND THE EXTENSION OF THE TERM OF THE PLAN FOR FIVE YEARS

The results of the vote were as follows:

NumberofVotes(1votepershare)
InFavor ofAdoption	Against Adoption	Abstain	BrokerNon- Votes
709,319,501	1,621,991	200,497	41,973,321

PROPOSAL 3 — APPROVAL OF THE APPOINTMENT OF SCC’s INDEPENDENT PUBLIC ACCOUNTANTS

The results of the vote were as follows:

NumberofVotes(1votepershare)
InFavor	Against	Abstain	BrokerNon-Votes
751,485,386	1,420,253	209,556	N/A

PROPOSAL 4 — APPROVAL, BY NON-BINDING VOTE, OF SCC’s EXECUTIVE COMPENSATION

The results of the vote were as follows:

NumberofVotes(1votepershare)
InFavor ofAdoption	Against Adoption	Abstain	BrokerNon- Votes
708,198,627	2,699,911	243,451	41,973,321

About SOUTHERN COPPER CORPORATION (NYSE:SCCO)
Southern Copper Corporation is an integrated copper producer. It produces copper, molybdenum, zinc and silver. It operates through three segments: Peruvian operations, which include the Toquepala and Cuajone mine complexes and the smelting and refining plants, including a metals plant industrial railroad and port facilities that service both mines; Mexican open-pit operations, which include the La Caridad and Buenavista mine complexes and the smelting and refining plants, including a metals plant and a copper rod plant and support facilities that service both mines, and Mexican underground mining operations, which include over five underground mines that produce zinc, copper, silver and gold, a coal mine that produces coal and coke, and a zinc refinery. The Company’s operations include copper smelting, copper refining, copper rod production, solvent extraction/electrowinning, zinc refining, sulfuric acid production, molybdenum concentrate production, and silver and gold refining.