Aemetis board retains director Barton after majority withhold vote at annual meeting

AEMETIS, INC

Director Francis P. Barton received 9,834,135 withheld votes vs 5,619,798 for votes at May 26 meeting.
Per corporate governance guidelines, Barton offered resignation; qualified independent directors considered it.
On June 1, 2022, the independent directors rejected the resignation, citing Barton's tenure, expertise, and role in addressing material weaknesses.
Board attributes withhold votes to proxy advisory firm recommendations, not Barton's performance.

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