Nocopi shareholders reject advisory say-on-pay; auditor ratification approved

NOCOPI TECHNOLOGIES INC/MD/

Proposal to ratify Stephano Slack LLC as auditor passed with 7,416,882 votes for, 1,196 against.
Advisory vote on executive compensation failed: 1,544,162 for, 5,202,215 against, 1,106 abstain.
Board notes named executive officers made ~$100K cash + $50K stock in 2024; prior year proxy skewed by forfeited award.
Director Jacqueline Goldman resigned prior to meeting; Proposal 1 (director election) not presented.

item 5.07

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