Activision Blizzard Announces Results of Annual Meeting; Stockholders Approve Nominees to Board of Directors
June 21 2022 - 3:12PM
Business Wire
Activision Blizzard, Inc. (NASDAQ: ATVI) today announced that it
convened its 2022 Annual Meeting of Stockholders (the “Annual
Meeting”) as scheduled and considered and voted upon all items of
business. The Annual Meeting was held virtually and a total of
647,887,763 votes were represented in person or by proxy,
constituting approximately 82.9% of the Company’s total issued and
outstanding common shares as of the record date.
Of the matters presented for stockholder vote, the Chairman and
all other director nominees were reelected by an average of
approximately 91% of the voting shares, for a term of office
extending until the end of the next Annual Meeting. This includes
the reelection of Lulu Cheng Meservey who was appointed to the
Board in April 2022, and the election of Kerry Carr. Both Ms.
Meservey and Ms. Carr are accomplished leaders and their election
to the Board underscores the Company’s commitment to broadening the
skills, experiences, and diverse backgrounds of our directors. As
announced previously, Hendrik J. Hartong III and Casey Wasserman
chose not to stand for reelection. The Board of Directors and
Leadership Team at Activision Blizzard are thankful to Mr. Hartong
and Mr. Wasserman for their commitment to the Company and
invaluable strategic leadership and counsel over the years.
- Approximately 88% of the voting shares approved the Company’s
executive compensation.
- Approximately 97% of the voting shares ratified the appointment
of PwC as the Company’s independent registered public accounting
firm.
- Approximately 95% of voting shares voted against the
non-binding stockholder proposal regarding the nomination of an
employee representative director.
In addition, approximately 67% of the voting shares voted in
favor of the non-binding stockholder proposal regarding the
preparation of a report about the Company’s efforts in the
workplace. Consistent with our ongoing commitments, we will
carefully consider the proposal to enhance our future disclosures.
Activision Blizzard remains deeply committed to a respectful,
welcoming workplace for all colleagues. We believe that
transparency with our stakeholders is critical to our commitment to
the very best governance practices. The Board greatly values our
stockholders’ perspectives.
The complete results of the Annual Meeting will be reported in a
Form 8-K to be filed with the U.S. Securities and Exchange
Commission in the coming days, after certification by Activision
Blizzard’s Inspector of Election.
About Activision Blizzard
Our mission, to connect and engage the world through epic
entertainment, has never been more important. Through communities
rooted in our video game franchises, we enable hundreds of millions
of people to experience joy, thrill and achievement. We enable
social connections through the lens of fun, and we foster purpose
and a sense of accomplishment through healthy competition. Like
sport, but with greater accessibility, our players can find purpose
and meaning through competitive gaming. Video games, unlike any
other social or entertainment media, have the ability to break down
the barriers that can inhibit tolerance and understanding.
Celebrating differences is at the core of our culture and ensures
we can create games for players of diverse backgrounds in the 190
countries our games are played.
As a member of the Fortune 500 and as a component company of the
S&P 500, we have an extraordinary track record of delivering
superior shareholder returns for over 30 years.
Our enduring franchises are some of the world’s most popular,
including Call of Duty®, Crash Bandicoot™, Warcraft®, Overwatch®,
Diablo®, StarCraft®, Candy Crush™, Bubble Witch™, Pet Rescue™ and
Farm Heroes™. Our sustained success has enabled the company to
support corporate social responsibility initiatives that are
directly tied to our franchises. As an example, our Call of Duty
Endowment has helped find employment for over 100,000 veterans.
Learn more information about Activision Blizzard and how we
connect and engage the world through epic entertainment on the
company's website, www.activisionblizzard.com.
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