Cummins said shareholders voted at the May 14, 2024 annual meeting on the election of 11 directors, an advisory vote on executive compensation, ratification of the auditor, and 2 shareholder proposals. Shares outstanding and entitled to vote as of the record date of March 21, 2024 totaled 136,758,679, and about 82.5% of votes were represented in person or by proxy.

1. 01

   Cummins said shareholders voted at the May 14, 2024 annual meeting on the election of 11 directors, an advisory vote on executive compensation, ratification of the auditor, and 2 shareholder proposals. Shares outstanding and entitled to vote as of the record date of March 21, 2024 totaled 136,758,679, and about 82.5% of votes were represented in person or by proxy.

2. 02

   The company put the election of 11 directors to a vote for a term of 1 year. Jennifer W. Rumsey received 88,458,860 votes for, 6,539,605 against and 357,407 abstentions, while John H. Stone received 94,452,414 votes for and 520,563 against.

3. 03

   Cummins said shareholders recorded 89,248,608 votes for and 5,655,401 against the advisory vote on named executive officer compensation. The proposal to ratify PricewaterhouseCoopers LLP as auditor for 2024 received 107,565,328 votes for and 5,071,279 against.

4. 04

   Cummins said the shareholder proposal on an independent board chairman received 41,415,876 votes for and 53,460,424 against. The proposal to link executive compensation to achieving 1.5°C emissions reductions received 15,609,081 votes for and 79,253,669 against.

Analysis scope · Filing bodyWe analyzed the filing body and confirmed exhibits. This is not a review of other exhibits, investor presentations or the full earnings call.

AI summarized the filing and translated the summary into English; it may differ from the original. For reference only, not investment advice. AI translated the published Korean report into English. Figures are copied as filed, not recalculated.

Original filing

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