Snap On Inc.

04/26/2024 | Press release | Distributed by Public on 04/26/2024 14:32

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

Item 5.07 Submission of Matters to a Vote of Security Holders.

Snap-on Incorporated (the "Company") held its 2024 Annual Meeting of Shareholders on April 25, 2024 (the "2024 Annual Meeting"). At the 2024 Annual Meeting, the Company's shareholders: (i) elected 10 members of the Company's Board of Directors to each serve a one-year term ending at the Annual Meeting of Shareholders to be held in 2025 (the "2025 Annual Meeting"); (ii) ratified the Audit Committee's selection of Deloitte & Touche LLP ("Deloitte") as the Company's independent registered public accounting firm for fiscal 2024; and (iii) approved, on an advisory basis, the compensation of the Company's named executive officers, as disclosed in the proxy statement for the 2024 Annual Meeting (the "2024 Proxy Statement"). There were 52,838,375 shares of the Company's common stock outstanding and eligible to vote as of the close of business on February 26, 2024, the record date for the 2024 Annual Meeting.
The directors elected to the Company's Board of Directors for terms expiring at the 2025 Annual Meeting, and the number of votes cast for and against, as well as abstentions and broker non-votes with respect to, each individual, are set forth below:
Director For Against Abstentions Broker Non-Votes
David C. Adams 33,352,833 9,271,919 193,256 4,476,056
Karen L. Daniel 38,621,065 4,070,004 126,938 4,476,056
Ruth Ann M. Gillis 42,517,099 202,542 98,367 4,476,056
James P. Holden 36,973,647 5,741,533 102,828 4,476,056
Nathan J. Jones 40,025,646 2,679,272 113,089 4,476,056
Henry W. Knueppel 39,151,722 3,558,087 108,199 4,476,056
W. Dudley Lehman 38,836,787 3,877,290 103,931 4,476,056
Nicholas T. Pinchuk 38,443,165 4,262,579 112,264 4,476,056
Gregg M. Sherrill 40,734,423 1,971,738 111,847 4,476,056
Donald J. Stebbins 42,491,497 222,394 104,117 4,476,056
The proposal to ratify the Audit Committee's selection of Deloitte as the Company's independent registered public accounting firm for fiscal 2024 received the following votes:
Votes for approval: 42,722,753 Votes against: 4,477,738 Abstentions: 93,572
Broker non-votes: 0
The advisory vote to approve the compensation of the Company's named executive officers, as disclosed in "Compensation Discussion and Analysis" and "Executive Compensation Information" in the 2024 Proxy Statement, received the following votes:

Votes for approval: 39,699,132 Votes against: 2,961,442 Abstentions: 157,434
Broker non-votes: 4,476,056



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