Hormel Foods said 498,653,662 shares were represented at its annual stockholders meeting on January 30, 2024, which the company said was 91.2% of the 546,840,056 shares outstanding and entitled to vote. Four items were put to a vote at the meeting.

1. 01

   Hormel Foods said 498,653,662 shares were represented at its annual stockholders meeting on January 30, 2024, which the company said was 91.2% of the 546,840,056 shares outstanding and entitled to vote. Four items were put to a vote at the meeting.

2. 02

   The company reported that Sally J. Smith received 454,929,354 votes for, 5,898,575 against and 605,857 abstentions in the director election, and that the broker non-vote for all nominees was 37,219,876 votes.

3. 03

   The company said the proposed amendment to its certificate of incorporation to allow exculpation of officers as permitted by Delaware law received 443,753,912 votes for and 16,695,831 against, and that the ratification of Ernst & Young LLP as its auditor received 488,559,886 votes for and 9,353,747 against.

4. 04

   The company disclosed that Raymond G. Young resigned from the board effective immediately on February 1, 2024, and said the advisory vote on executive compensation received 444,749,410 votes for and 15,348,953 against.

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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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