Fabrinet : Submission of Matters to a Vote of Security Holders - Form 8-K
December 13, 2023 at 06:31 am EST
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Item 5.07 Submission of Matters to a Vote of Security Holders
On December 12, 2023, Fabrinet held its 2023 Annual Meeting of Shareholders (the "Annual Meeting"). Present at the Annual Meeting in person or by proxy were holders of 34,662,652 ordinary shares of Fabrinet, or approximately 95.4% of the total shares entitled to vote. The voting results for each of the proposals considered at the Annual Meeting are provided below.
Proposal 1: Election of Directors
The shareholders elected the nominees listed below as Class II directors to serve on Fabrinet's board of directors for a term of three years or until their respective successors have been duly elected and qualified.
Nominee
Votes For
Votes Withheld
Broker Non-Votes
Seamus Grady
33,241,130
808,001
613,521
Thomas F. Kelly
30,529,106
3,520,025
613,521
Proposal 2: Ratification of Appointment of Independent Auditors
The shareholders ratified the appointment of PricewaterhouseCoopers ABAS Ltd. as Fabrinet's independent registered public accounting firm for the fiscal year ending June 28, 2024.
Votes For
Votes Against
Abstentions
Broker Non-Votes
33,498,056
1,120,998
43,598
-
Proposal 3: Advisory Approval of Named Executive Officer Compensation
The shareholders approved, on an advisory basis, the compensation of Fabrinet's named executive officers.
Votes For
Votes Against
Abstentions
Broker Non-Votes
32,634,654
1,359,943
54,534
613,521
Proposal 4: Advisory Approval of Preferred Frequency of Future Advisory Votes to Approve Named Executive Officer Compensation
The shareholders voted, on an advisory basis, to hold future advisory votes to approve the compensation of Fabrinet's named executive officers every one year.
1 Year
2 Years
3 Years
Abstentions
Broker Non-Votes
32,959,934
3,739
1,033,416
52,042
613,521
Consistent with the results of this vote and the recommendation of Fabrinet's board of directors in the proxy statement for the Annual Meeting, Fabrinet will hold an advisory vote on the compensation of Fabrinet's named executive officers every year until the next required advisory vote on the frequency of such votes.
Fabrinet Co. Ltd. published this content on 13 December 2023 and is solely responsible for the information contained therein. Distributed by Public, unedited and unaltered, on 13 December 2023 11:29:58 UTC.
Fabrinet is a provider of advanced optical packaging and precision optical, electro-mechanical, and electronic manufacturing services to original equipment manufacturers of complex products. The complex products include optical communication components, modules and subsystems, automotive components, medical devices, industrial lasers, and sensors. The Company offers a range of advanced optical and electro-mechanical capabilities across the entire manufacturing process, including process design and engineering, supply chain management, manufacturing, advanced packaging, integration, final assembly, and testing. It focuses on production of high complexity products in any mix and any volume. The Company also designs and fabricates application-specific crystals, lenses, prisms, mirrors, laser components and substrates (customized optics) and other custom and standard borosilicate, clear fused quartz, and synthetic fused silica glass products (customized glass).
FABRINET 
