other_material
confidence high
sentiment negative
materiality 0.60
Riot Platforms say-on-pay fails; stockholders approve declassification proposal
Riot Platforms, Inc.
- Director nominees Jaime Leverton and Douglas Mouton elected as Class I directors with ~121M and ~125M votes for.
- Ratification of Deloitte & Touche as auditor for FY2025 passed with ~207.6M votes for.
- Advisory vote on executive compensation not approved: 40.8M for, 88.5M against (broker non-votes excluded).
- Stockholders chose annual frequency for future say-on-pay votes; next vote on frequency expected in 2031.
- Declassification proposal approved with ~103.8M votes for; board will become annually elected over time.
item 5.07