Capri Holdings Ltd. 8-K Summary
Business Context and Reporting Period
This Form 8-K reports the results of the 2022 Annual Meeting of Shareholders held on August 3, 2022. The filing details the voting outcomes for four specific 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
A total of 123,500,660 ordinary shares were present at the meeting, representing 86.47% of total shares outstanding. All four proposals were approved:
- Proposal 1 (Election of Directors): Judy Gibbons and Jane Thompson were elected as Class II directors. Both received over 114 million votes in favor.
- Proposal 2 (Ratification of Auditors): Ernst & Young LLP was ratified as the independent registered public accounting firm for the fiscal year ending April 1, 2023, with 122,734,704 votes in favor.
- Proposal 3 (Say on Pay): Executive compensation was approved on a non-binding advisory basis with 112,130,042 votes in favor.
- Proposal 4 (Incentive Plan): The Third Amended and Restated Omnibus Incentive Plan was approved with 114,261,750 votes in favor.
Guidance, Outlook, and Risks
The filing text does not provide a clear value for financial guidance, management outlook, specific risks, contingencies, or unusual items. The document is limited to the disclosure of shareholder vote tallies.
Key Facts for Investor Verification
- Shareholder participation was high, with 86.47% of outstanding shares present at the meeting.
- Ernst & Young LLP is confirmed as the auditor for the fiscal year ending April 1, 2023.
- The Third Amended and Restated Omnibus Incentive Plan is now active following shareholder approval.
- Two new Class II directors, Judy Gibbons and Jane Thompson, will serve until the 2025 annual meeting.