other material
confidence high
sentiment neutral
materiality 0.10
Karat Packaging shareholders elect all five director nominees and approve say-on-pay and auditor ratification
Karat Packaging Inc.
- Directors Alan Yu, Joanne Wang, Eric Chen, Paul Y. Chen, and Eve Yen each elected with >10.8M votes for (no broker votes).
- Ratification of BDO USA as independent auditor for FY2022 passed; 11,442,350 for, 10,156 against.
- Advisory vote on executive compensation (say-on-pay) approved: 10,974,178 for, 20,045 against.
- Advisory vote on frequency of say-on-pay: 10,953,881 favored every one year; company will hold annual say-on-pay votes.
- Proposals passed with routine margins; no material changes to governance or operations.