El Pollo Loco stockholders approve board declassification, supermajority removal, and share increase

El Pollo Loco Holdings, Inc.

Stockholders approved declassification of board (24.3M for, 34.6K against) and elimination of supermajority voting (24.2M for, 48K against).
Approved amendment to equity incentive plan increasing authorized shares by 1,250,000 (17.6M for, 5.2M against).
Elected three Class II directors: William Floyd, Douglas Babb, Nancy Faginas-Cody with over 16.8M votes each.
Ratified BDO USA as auditor (26.9M for, 307K against); advisory say-on-pay passed (21.5M for, 1.3M against).

Key facts

Extracted from this filing and checked against the source text.

Governance Changes SEC 8-K Item 5.03/5.05/5.06 confidence 0.9

El Pollo Loco Holdings, Inc.: Amended certificate of incorporation to declassify the board of directors and eliminate supermajority voting requirements (effective 2025-06-03).

Change: charter amendment
Effective: 2025-06-03

Exact text from the filing

As disclosed in Item 5.07 of this Form 8-K, at the Annual Meeting the Company’s stockholders approved amendments (the “Amendments”) to the Company’s Amended and Restated Certificate of Incorporation to provide for the declassification of the Board of Directors of the Company and the elimination of supermajority voting requirements.

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El Pollo Loco Holdings, Inc. filing history →

Source: SEC EDGAR

accession 0001213900-25-051311

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