Genco shareholders elect directors, approve equity plan, reject strategic alternatives proposal

GENCO SHIPPING & TRADING LTD

Elected 6 director nominees; highest votes for Arthur Regan (24.96M for), lowest for Paul Cornell (8.23M for).
Advisory say-on-pay approved with 22.23M for (66.7%) vs 10.87M against.
Amendment to 2015 Equity Incentive Plan (increase by 1.67M shares) approved with 19.59M for (59.1%).
Shareholders ratified Deloitte as auditor (33.02M for, 94.9%) and ratified Shareholder Rights Agreement (17.98M for).
Two shareholder proposals rejected: bylaw repeal (9.72M for, 29.3%) and strategic alternatives (8.90M for, 26.8%).

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