Stepan shareholders approve 2022 Equity Incentive Plan at annual meeting

STEPAN CO

Plan approved with 17,863,792 votes for and 452,987 against; effective April 26, 2022.
Plan authorizes up to 500,000 new common shares plus unused shares from prior plan.
Directors Scott R. Behrens, Lorinda A. Burgess, Edward J. Wehmer elected to three-year terms.
Advisory vote on executive compensation passed (18,083,433 for); Deloitte & Touche ratified as auditor.
Equity awards under new plan subject to minimum one-year vesting (5% of shares exempt).

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