Estée Lauder shareholders approve 12M share increase to incentive plan, extend to 2034

ESTEE LAUDER COMPANIES INC

Stockholders approved amendments to Fiscal 2002 Share Incentive Plan, adding 12,000,000 shares to the pool.
Plan now requires minimum 12-month vesting for most awards; up to 600,000 shares may vest earlier.
Double-trigger vesting upon change in control adopted unless awards are not assumed.
Individual per-fiscal-year share cap removed for participants except non-employee directors; plan term extended to Nov 8, 2034.
Four Class I directors elected (Fribourg, Hyman, Nuñez, Sternlicht); auditor ratification and advisory say-on-pay passed.

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