Business Context and Reporting Period
This Form 8-K reports on the results of the 2023 Annual Meeting of Stockholders for Mativ Holdings, Inc., held on April 20, 2023. The filing details the outcomes of four proposals submitted to security holders.
Key Financial Metrics
The filing text does not provide a clear value for revenue, profit, cash flow, margins, debt, or liquidity. This report focuses exclusively on corporate governance voting results.
Material Changes and Voting Results
The following matters were voted upon and approved by stockholders:
- Proposal One (Election of Directors): Three Class I directors were elected to serve three-year terms.
- William Cook: 44,841,580 votes For; 532,703 Withheld.
- Jeffrey Keenan: 42,245,823 votes For; 3,114,790 Withheld.
- Marco Levi: 44,843,376 votes For; 530,449 Withheld.
- Proposal Two (Ratification of Auditors): Stockholders ratified the selection of Deloitte & Touche LLP as the independent registered public accounting firm for 2023.
- For: 48,401,544
- Against: 573,154
- Abstain: 164,436
- Proposal Three (Say-on-Pay): Stockholders approved the non-binding advisory vote on executive compensation.
- For: 44,218,686
- Against: 1,125,615
- Abstain: 161,131
- Proposal Four (Frequency of Say-on-Pay): Stockholders voted to hold the advisory vote on executive compensation Every 1 Year.
- Every 1 Year: 43,079,937
- Every 2 Years: 219,509
- Every 3 Years: 2,127,935
- Abstain: 78,051
Guidance, Outlook, and Risks
The filing text does not provide guidance, outlook, management commentary, risks, contingencies, or unusual items related to financial performance.
Investor Verification Checklist
- Verify the final composition of the Board of Directors following the election of Class I directors.
- Confirm the engagement of Deloitte & Touche LLP for the 2023 audit cycle.
- Note the shareholder preference for an annual frequency for executive compensation advisory votes.
- Review the "Withheld" vote counts for directors to assess any potential dissent regarding specific nominees.