UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
FORM
CURRENT REPORT
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Item 5.07 Submission of Matters to a Vote of Security Holders.
The Annual Meeting of Shareholders of Exela Technologies, Inc. (the “Company”) was held on December 31, 2021. There were 172,495,166 shares of Exela common stock entitled to vote at the meeting, and 87,983,159 or 51 % voted in person or by proxy. At the meeting, the following proposals were acted upon:
(1) Three nominees for Class A of the Board of Directors were elected to three-year terms, expiring in 2024. The votes were as follows:
| Name | For | Withhold | Broker Non-Votes | |||||||||
| Ronald Cogburn | 37,732,503 | 8,647,914 | 41,602,742 | |||||||||
| J. Coley Clarke | 33,516,075 | 12,864,342 | 41,602,742 | |||||||||
| Sharon Chadha | 38,191,299 | 8,189,118 | 41,602,742 | |||||||||
Directors whose terms of office continued after the 2021 Annual Meeting of Stockholders of Exela Technologies, Inc. (the “Company”) and who were not subject to election at the 2021 Annual Meeting of Stockholders are James G. Reynolds, John H. Rexford, and Marc A. Beilinson, whose terms expire in 2022, and Par S. Chadha, Martin P. Atkins and William L. Transier, whose terms expire in 2023.
(2) Ratification of the appointment of KPMG LLP as the Company’s independent registered public accounting firm for the year ending December 31, 2021. The votes were as follows:
| For | 79,931,840 | |||
| Against | 5,887,259 | |||
| Abstain | 2,164,060 |
(3) Approval, on a non-binding, advisory basis, of the compensation of the Company’s named executive officers as described in the Company’s Proxy Statement. The votes were as follows:
| For | 33,436,909 | |||
| Against | 11,958,948 | |||
| Abstain | 984,560 | |||
| Broker Non-Votes | 41,602,742 |
(4) Acting upon a proposal to approve the Amended and Restated Exela Technologies, Inc. 2018 Stock Incentive Plan.. The votes were as follows:
| For | 31,077,247 | |||
| Against | 14,627,440 | |||
| Abstain | 675,730 | |||
| Broker Non-Votes | 41,602,742 |
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SIGNATURE
Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized.
Dated: January 3, 2022
| EXELA TECHNOLOGIES, INC. | ||
| By: | /s/ Erik Mengwall | |
| Name: Erik Mengwall | ||
| Title: Secretary | ||
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