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
|
* * *