MGE Energy shareholders elect three Class I directors, ratify PwC, approve say-on-pay at 2023 annual meeting

MGE ENERGY INC

James G. Berbee, Londa J. Dewey, and Thomas R. Stolper elected with votes ranging 19.2M-20.3M for; broker non-votes 4.73M.
PricewaterhouseCoopers ratified as auditor for FY2023 with 98% of votes cast in favor (27.3M for, 670K against).
Advisory say-on-pay approved with 95% of votes cast in favor (21.9M for, 1.15M against).
Advisory vote on frequency: 94% favored one year; board confirms annual say-on-pay going forward.
Directors continuing: Anderson, Bugher, Keebler, Possin, Wolter, Wray—terms through 2024 and 2025.

Key facts

Extracted from this filing and checked against the source text.

Shareholder Votes SEC 8-K Item 5.07 confidence 0.95

MGE ENERGY INC shareholders approved Advisory vote on the frequency of future executive compensation voting as disclosed in the annual meeting proxy statement at the 2023-05-16 meeting.

Proposal: say on pay frequency
Outcome: passed
Meeting: 2023-05-16

Exact text from the filing

4. Advisory vote on the frequency of future executive compensation voting as disclosed in the annual meeting proxy statement. One Year Two Years Three Years Abstained Broker Non-Votes 21,641,294 378,085 1,045,400 450,772 4,731,134

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Shareholder Votes SEC 8-K Item 5.07 confidence 0.95

MGE ENERGY INC shareholders approved Election of three Class I Directors with terms of office expiring at the 2026 annual meeting of shareholders at the 2023-05-16 meeting.

Proposal: director election
Outcome: passed
Meeting: 2023-05-16

Exact text from the filing

1. Election of three Class I Directors with terms of office expiring at the 2026 annual meeting of shareholders . For Votes Withhold Votes Broker Non-Votes James G. Berbee 20,224,507 3,291,044 4,731,134 Londa J. Dewey 20,262,340 3,253,211 4,731,134 Thomas R. Stolper 19,231,075 4,284,476 4,731,134

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Shareholder Votes SEC 8-K Item 5.07 confidence 0.95

MGE ENERGY INC shareholders approved Advisory vote on executive compensation as disclosed in the annual meeting proxy statement at the 2023-05-16 meeting.

Proposal: say on pay
Outcome: passed
Meeting: 2023-05-16

Exact text from the filing

3. Advisory vote on executive compensation as disclosed in the annual meeting proxy statement. For Votes Against Votes Abstained Broker Non-Votes 21,875,022 1,147,042 493,487 4,731,134

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Shareholder Votes SEC 8-K Item 5.07 confidence 0.95

MGE ENERGY INC shareholders approved Ratification of selection of PricewaterhouseCoopers LLP to serve as MGE Energy's independent registered public accounting firm for the year 2023 at the 2023-05-16 meeting.

Proposal: auditor ratification
Outcome: passed
Meeting: 2023-05-16

Exact text from the filing

2. Ratification of selection of PricewaterhouseCoopers LLP to serve as MGE Energy's independent registered public accounting firm for the year 2023. For Votes Against Votes Abstained Broker Non-Votes 27,308,486 670,711 267,488 0

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63 shareholder votes filed in the last 30 days. Browse all shareholder votes →

MGE ENERGY INC filing history →

Source: SEC EDGAR

accession 0000950170-23-023047

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