Item 5.07 Submission of Matters to a Vote of Security Holders.
On April 29, 2020, Pilgrim’s Pride Corporation (the “Company”) held its annual meeting of stockholders (the “Annual Meeting”). The following proposals were submitted to a vote of the stockholders of the Company at the Annual Meeting:
1.The election of six JBS Directors to the Board of Directors.
2.The election of three Equity Directors to the Board of Directors.
3.A stockholder advisory vote on executive compensation.
4.The ratification of the appointment of KPMG LLP as the independent registered public accounting firm of the Company for the fiscal year ending December 27, 2020.
5.A vote on a stockholder proposal to provide a report regarding the reduction of water pollution.
6.A vote on a stockholder proposal to provide a report on human rights due diligence.
7.A vote on a stockholder proposal to provide for majority voting in director elections.
Board of Director Election Results
The stockholders of the Company elected all of the Company’s nine nominees for director at the Annual Meeting pursuant to the following votes:
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Name
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For
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Withheld
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Broker Non-Votes
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Gilberto Tomazoni
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213,184,640
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24,751,374
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5,349,292
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Denilson Molina
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213,930,113
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24,005,901
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5,349,292
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Wallim Cruz De Vasconcellos Junior
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236,970,277
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965,737
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5,349,292
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Vincent Trius
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234,824,829
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3,111,185
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5,349,292
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Andre Nogueira de Souza
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213,316,156
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24,619,858
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5,349,292
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Farha Aslam
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237,592,776
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343,238
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5,349,292
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Michael L. Cooper
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235,441,701
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2,494,163
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5,349,292
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Charles Macaluso
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235,162,078
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2,773,786
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5,349,292
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Arquimedes A. Celis
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237,498,952
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436,912
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5,349,292
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Say on Pay Results
The stockholders approved, on an advisory basis, the compensation paid to the Company’s named executive officers, as disclosed in the Company’s proxy statement for the Annual Meeting, including the compensation discussion and analysis, compensation tables and narrative discussion.
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For
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Against
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Abstain
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Broker Non-Votes
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211,631,225
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26,233,345
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71,444
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5,349,292
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Ratification of KPMG LLP as the Company’s Independent Registered Public Accounting Firm Results
The appointment of KPMG LLP to serve as the independent registered public accounting firm of the Company for the fiscal year ending December 27, 2020 was ratified at the Annual Meeting. The votes were cast as follows:
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For
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Against
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Abstain
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Broker Non-Votes
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242,529,776
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689,233
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66,297
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0
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Stockholder Proposal to Provide a Report Regarding the Reduction of Water Pollution
The stockholders voted against the Board of Directors providing a report regarding the reduction of water pollution.
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For
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Against
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Abstain
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Broker Non-Votes
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36,068,235
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201,062,840
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804,939
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5,349,292
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Stockholder Proposal to Provide a Report on Human Rights Due Diligence
The stockholders voted against the Board of Directors providing a report on human rights due diligence.
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For
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Against
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Abstain
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Broker Non-Votes
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30,428,515
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206,682,176
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825,323
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5,349,292
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Stockholder Proposal to Provide for Majority Voting in Director Elections
The stockholders voted against the Board of Directors providing for majority voting in director elections.
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For
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Against
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Abstain
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Broker Non-Votes
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41,409,601
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196,469,872
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56,541
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5,349,292
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