other
confidence high
sentiment neutral
materiality 0.15
Aurinia board adopts annual say-on-pay votes following shareholder advisory vote
Aurinia Pharmaceuticals Inc.
- Board determined to hold annual say-on-pay votes after 56,605,305 shares (approx. 92% of votes cast) favored a 1-year frequency.
- Only 956,039 shares voted for 2 years and 2,443,425 for 3 years; 1,841,663 abstained; 31,597,699 broker non-votes.
- Decision aligns with board's recommendation in proxy statement for the 2021 Annual Meeting.
- Annual say-on-pay will continue until the next required advisory vote on frequency.