Houston American Energy Corporation

07/27/2021 | Press release | Distributed by Public on 07/27/2021 07:13

Submission of Matters to a Vote of Security Holders (Form 8-K)

Submission of Matters to a Vote of Security Holders

On July 22, 2021, Houston American Energy Corp. (the 'Company') held its Annual Meeting of shareholders. The final results for each of the matters submitted to a vote of stockholders at the Annual Meeting, as set forth in the Proxy Statement, are as follows:

Proposal 1. The nominee for election as Class B Director was elected to serve until the 2024 Annual Meetings of Stockholders and until his successor has been duly elected and qualified, or until such director's earlier resignation, removal or death. The result of the votes to elect the director was as follows:

DIRECTOR FOR WITHHELD ABSTENTIONS AND
BROKER NON-VOTE
Stephen Hartzell (Class B) 2,905,163 275,375 2,774,341

Proposal 2. The amendment of the Company's certificate of incorporation to increase the authorized shares of common stock failed to attain the required vote of a majority of outstanding shares by the votes set forth in the table below:

FOR

AGAINST

ABSTENTIONS AND BROKER NON-VOTES
4,848,409 1,028,088 78,382

Proposal 3. The adoption of the Company's 2021 Equity Incentive Plan by the stockholders by the votes set forth in the table below:

FOR

AGAINST

ABSTENTIONS AND BROKER NON-VOTES
2,699,546 409,957 2,845,376

Proposal 4. The appointment of Marcum LLP as the Company's independent registered public accounting firm for fiscal 2021 was ratified by the stockholders by the votes set forth in the table below:

FOR

AGAINST

ABSTENTIONS AND BROKER NON-VOTES
5,703,051 170,546 81,282

Proposal 5. The compensation of the named executive officers as disclosed in the Company's Proxy Statement was approved on an advisory basis by the votes set forth in the table below:

FOR

AGAINST

ABSTENTIONS AND BROKER NON-VOTES
2,707,836 400,917 2,846,126