other material
confidence high
sentiment neutral
materiality 0.15
Oportun annual meeting: director elections pass; supermajority elimination fails
Oportun Financial Corp
- All three Class II directors (Ginny Lee, Louis Miramontes, Richard Tambor) elected; Lee received 62% of votes cast, Miramontes 82%, Tambor 95%.
- Proposal to eliminate supermajority voting provisions from charter not approved: 16.0M for, 0.2M against, 11.1M broker non-votes excluded.
- Ratification of Deloitte & Touche as auditor for FY2024 approved with 27.1M votes (99.2% of votes cast).
- Non-binding advisory say-on-pay approved with 14.3M for (88.2% of votes cast, excluding broker non-votes).
- Quorum of 76.7% of outstanding shares was present at the annual meeting.