Pangaea shareholders reelect directors, approve equity plan and bye-law amendment

Pangaea Logistics Solutions Ltd.

Carl Claus Boggild and David D. Sgro elected as Class II directors with 26M and 21.8M votes for, respectively.
Karen H. Beachy elected as Class III director with 29.3M votes for.
Shareholders approved amendment of 2014 Equity Incentive Plan (29.9M for, 1.1M against).
Amendment and restatement of bye-laws approved (30.5M for, 0.5M against).
Board adopted gender-inclusive language in By-Laws, effective August 5, 2022.

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