Valvoline board sets annual 'Say on Pay' votes after 96% shareholder support

VALVOLINE INC

More than 96% of shares voted for annual advisory Say on Pay vote at 2023 Annual Meeting.
Board of Directors determined to hold future advisory Say on Pay votes on an annual basis.
Decision follows non-binding shareholder vote; next required frequency vote not yet scheduled.
No changes to executive compensation structure or policies were announced.

Key facts

Extracted from this filing and checked against the source text.

Shareholder Votes SEC 8-K Item 5.07 confidence 0.7

VALVOLINE INC shareholders approved Non-binding advisory resolution approving the frequency of the advisory Say on Pay vote at the 2023-01-26 meeting.

Proposal: say on pay frequency
Outcome: passed
Meeting: 2023-01-26

Exact text from the filing

shareholders were asked to vote on a non-binding advisory resolution approving the frequency of the advisory Say on Pay vote. As previously reported, more than 96% of the shares of Valvoline common stock voted at the Annual Meeting were voted in favor of holding the advisory Say on Pay vote on an annual basis.

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Source: SEC EDGAR

accession 0001674910-23-000049

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