--- schema_version: "secwatch.filing_event.v1" accession: "0000950170-23-024288" form_type: "8-K" ticker: "ADV" cik: "0001776661" company_name: "Advantage Solutions Inc." filed_at: "2023-05-25T23:59:59+00:00" generated_at: "2026-06-14T14:47:58.571518+00:00" event_type: "other" sentiment: "neutral" materiality_score: 0.45 calibrated_materiality_score: 0.45 confidence: "high" source: SEC EDGAR --- # Advantage Solutions shareholders approve 50M share increase in equity plan at annual meeting ## Summary - Shareholders approved Amended 2020 Incentive Award Plan, increasing share reserve by 50M shares to 99.9M; evergreen adds up to 3% of outstanding annually through 2033. - All four Class III directors elected: Tiffany Han, Jonathan K. Sokoloff, David J. West, David Peacock – each with >266M votes for. - Advisory say-on-pay approved with 294.8M votes for (99.86% of votes cast excluding broker non-votes). - Ratification of PwC as auditor for fiscal 2023 approved with 300.4M votes for (99.9% of votes cast). - Investor presentation posted on IR website; no material new business disclosures in filing. ## SEC filing metadata - accession: 0000950170-23-024288 - form_type: 8-K - ticker: ADV - cik: 0001776661 - company_name: Advantage Solutions Inc. - filed_at: 2023-05-25T23:59:59+00:00 - event_type: other - sentiment: neutral - materiality_score: 0.45 - calibrated_materiality_score: 0.45 - confidence: high - sec_items: 5.02, 5.07, 7.01, 9.01 - EDGAR index: https://www.sec.gov/Archives/edgar/data/1776661/000095017023024288/0000950170-23-024288-index.htm - EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1776661/000095017023024288/adv-20230524.htm ## Machine-readable alternates - HTML: https://secwatch.observer/filing/0000950170-23-024288 - JSON: https://secwatch.observer/filing/0000950170-23-024288.json - Plain text: https://secwatch.observer/filing/0000950170-23-024288.txt ## Key facts - Shareholder Votes Advantage Solutions Inc. shareholders approved Approval, on an advisory (non-binding) basis, the compensation of the Company’s named executive officers at the 2023-05-24 meeting. - Proposal: say on pay - Outcome: passed - Meeting: 2023-05-24 source text: Proposal 3: Approval, on an advisory (non-binding) basis, the compensation of the Company’s named executive officers. For Against Abstain Broker Non-Vote 294,792,112 418,725 20,558 5,511,112 This proposal received the affirmative vote of the holders of a majority of the shares of Common Stock having voting power present in person or represented by proxy at the Annual Meeting and was approved as set forth above. evidence_url: https://www.sec.gov/Archives/edgar/data/1776661/000095017023024288/0000950170-23-024288-index.htm - Shareholder Votes Advantage Solutions Inc. shareholders approved Approval of the Amended and Restated Advantage Solutions Inc. 2020 Incentive Award Plan at the 2023-05-24 meeting. - Proposal: equity plan - Outcome: passed - Meeting: 2023-05-24 source text: Proposal 4: Approval of the Amended and Restated Advantage Solutions Inc. 2020 Incentive Award Plan. For Against Abstain Broker Non-Vote 256,676,939 38,510,613 43,843 5,511,112 This proposal received the affirmative vote of the holders of a majority of the shares of Common Stock having voting power present in person or represented by proxy at the Annual Meeting and was approved as set forth above. evidence_url: https://www.sec.gov/Archives/edgar/data/1776661/000095017023024288/0000950170-23-024288-index.htm - Shareholder Votes Advantage Solutions Inc. shareholders approved Election of Class III Directors at the 2023-05-24 meeting. - Proposal: director election - Outcome: passed - Meeting: 2023-05-24 source text: Proposal 1: Election of Class III Directors. For Withheld Broker Non-Vote Tiffany Han 266,832,931 28,398,464 5,511,112 Jonathan K. Sokoloff 269,783,955 25,447,440 5,511,112 David J. West 271,754,558 23,476,837 5,511,112 David Peacock 294,823,848 407,547 5,511,112 This proposal received the required affirmative vote of holders of a plurality of the votes cast and all of the foregoing candidates were elected as the Company’s directors. evidence_url: https://www.sec.gov/Archives/edgar/data/1776661/000095017023024288/0000950170-23-024288-index.htm - Shareholder Votes Advantage Solutions Inc. shareholders approved Ratification of the appointment of PricewaterhouseCoopers LLP as the Company’s independent registered public accounting firm for the fiscal year ending December 31, 2023 at the 2023-05-24 meeting. - Proposal: auditor ratification - Outcome: passed - Meeting: 2023-05-24 source text: Proposal 2: Ratification of the appointment of PricewaterhouseCoopers LLP as the Company’s independent registered public accounting firm for the fiscal year ending December 31, 2023. For Against Abstain Broker Non-Vote 300,428,581 199,538 114,388 — This proposal received the affirmative vote of the holders of a majority of the shares having voting power present in person or represented by proxy at the Annual Meeting and was approved as set forth above. evidence_url: https://www.sec.gov/Archives/edgar/data/1776661/000095017023024288/0000950170-23-024288-index.htm This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.