Principal Financial Group board adopts annual say-on-pay frequency after 97% shareholder vote

PRINCIPAL FINANCIAL GROUP INC

Board of Directors decided at Aug 14, 2023 meeting to hold advisory say-on-pay votes annually.
Approximately 97% of voting shares favored annual frequency at May 16, 2023 annual meeting.
Say-on-pay vote will be held each year until next frequency vote or board changes frequency.

Key facts

Extracted from this filing and checked against the source text.

Shareholder Votes SEC 8-K Item 5.07 confidence 0.9

PRINCIPAL FINANCIAL GROUP INC shareholders approved Advisory vote regarding the frequency of future advisory votes for say-on-pay.

Proposal: say on pay frequency
Outcome: passed

Exact text from the filing

At the 2023 Annual Meeting, the Company’s shareholders voted on, among other matters, an advisory vote regarding the frequency of future advisory votes for say-on-pay. Approximately 97% of the shares voting on the matter voted in favor of an annual frequency for say-on-pay votes.

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Source: SEC EDGAR

accession 0001104659-23-092633

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