Franklin Resources adopts triennial advisory vote on exec compensation after shareholder vote

FRANKLIN RESOURCES INC

At Feb 7, 2023 annual meeting, majority of voted shares approved holding advisory vote on exec compensation every three years.
Board had recommended triennial frequency in its proxy statement for the meeting.
Company will include say-on-pay vote every three years until next required frequency vote.

item 5.07

Key facts

Extracted from this filing and checked against the source text.

Shareholder Votes SEC 8-K Item 5.07 confidence 0.9

FRANKLIN RESOURCES INC shareholders approved Advisory vote on frequency of say-on-pay votes.

Proposal: say on pay frequency
Outcome: passed

Exact text from the filing

a majority of the shares that were voted approved to hold an advisory vote every three years on whether stockholders approve the compensation of the Company’s named executive officers.

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FRANKLIN RESOURCES INC filing history →

Source: SEC EDGAR

accession 0000038777-23-000100

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