---
schema_version: "secwatch.filing_event.v1"
accession: "0001104659-23-071610"
form_type: "8-K"
ticker: null
cik: "0001592057"
company_name: "Enviva Inc."
filed_at: "2023-06-15T23:59:59+00:00"
generated_at: "2026-06-14T00:12:43.237492+00:00"
event_type: "other_material"
sentiment: "neutral"
materiality_score: 0.5
calibrated_materiality_score: 0.5
confidence: "high"
source: SEC EDGAR
---

# Enviva shareholders approve officer exculpation amendment and conversion of 6.6M preferred shares to common

## Summary
- Stockholders approved amendment limiting officer personal liability for monetary damages for breach of fiduciary duty of care.
- All 6,605,671 Series A Preferred Shares converted into common stock upon shareholder approval; preferred shares cancelled.
- All 13 director nominees elected; votes for ranged from 51.3M to 53.5M, with 7.1M broker non-votes.
- Ratification of Ernst & Young as auditor for FY2023: 61.3M for, 584k against.
- Advisory say-on-pay approved (46.3M for, 8.5M against); frequency set at every year.

## SEC filing metadata
- accession: 0001104659-23-071610
- form_type: 8-K
- cik: 0001592057
- company_name: Enviva Inc.
- filed_at: 2023-06-15T23:59:59+00:00
- event_type: other_material
- sentiment: neutral
- materiality_score: 0.5
- calibrated_materiality_score: 0.5
- confidence: high
- sec_items: 5.03, 5.07, 8.01, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1592057/000110465923071610/0001104659-23-071610-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1592057/000110465923071610/tm2318824d1_8k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001104659-23-071610
- JSON: https://secwatch.observer/filing/0001104659-23-071610.json
- Plain text: https://secwatch.observer/filing/0001104659-23-071610.txt

## Key facts
- Governance Changes
  Enviva Inc.: Amended certificate of incorporation to limit personal liability of officers for monetary damages for breach of fiduciary duty of care, as permitted by Delaware law (effective 2023-06-15).
  - Change: charter amendment
  - Effective: 2023-06-15
  source text: The Amendment limits the personal liability of certain of the Company’s officers to its stockholders for monetary damages for breach of their fiduciary duty of care (but not the fiduciary duty of loyalty), subject to the limitations set forth in the Delaware General Corporation Law (the “DGCL”).
  evidence_url: https://www.sec.gov/Archives/edgar/data/1592057/000110465923071610/0001104659-23-071610-index.htm
- Shareholder Votes
  Enviva Inc. shareholders approved Approval of the Amendment to our Certificate of Incorporation to reflect new Delaware law provisions regarding officer exculpation.
  - Proposal: charter amendment
  - Outcome: passed
  source text: Proposal No. 2 - Approval of the Amendment to our Certificate of Incorporation to reflect new Delaware law provisions regarding officer exculpation The Company’s stockholders approved the proposal to amend the Company’s Certificate of Incorporation to reflect new Delaware law provisions regarding officer exculpation, as further described above in
  evidence_url: https://www.sec.gov/Archives/edgar/data/1592057/000110465923071610/0001104659-23-071610-index.htm
- Shareholder Votes
  Enviva Inc. shareholders approved Election of Directors.
  - Proposal: director election
  - Outcome: passed
  source text: Proposal No. 1 - Election of Directors The Company’s stockholders elected the director nominees below to the Board to hold office until the 2024 Annual Meeting of Stockholders or until their successors are elected. Director Nominees Votes For Votes Withheld Broker Non-Votes Thomas Meth 52,924,712 1,974,441 7,117,405 John K. Keppler 53,126,754 1,772,399 7,117,405 Ralph Alexander 51,261,043 3,638,110 7,117,405 John C. Bumgarner, Jr. 52,960,411 1,938,742 7,117,405 Martin N. Davidson 52,951,420 1,947,733 7,117,405 Jim H. Derryberry 53,242,907 1,656,246 7,117,405 Gerrit L. Lansing, Jr. 53,459,772 1,439,381 7,117,405 Pierre F. Lapeyre, Jr. 53,171,748 1,727,405 7,117,405 David M. Leuschen 53,240,939 1,658,214 7,117,405 Jeffrey W. Ubben 53,421,783 1,477,370 7,117,405 Gary L. Whitlock 53,459,237 1,439,916 7,117,405 Janet S. Wong 52,307,715 2,591,438 7,117,405 Eva T. Zlotnicka 52,315,641 2,583,512 7,117,405
  evidence_url: https://www.sec.gov/Archives/edgar/data/1592057/000110465923071610/0001104659-23-071610-index.htm

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.