Psychemedics Corporation

11/25/2024 | Press release | Distributed by Public on 11/25/2024 16:24

Proxy Results Form 8 K

ITEM 5.07 SUBMISSION OF MATTERS TO A VOTE OF SECURITY HOLDERS.

The final results for each of the matters submitted to a vote of stockholders at the annual meeting of stockholders (the "Annual Meeting") of Psychemedics Corporation (the "Company") are set forth below. A more detailed description of each proposal is set forth in the Company's definitive proxy statement on Schedule 14A, filed with the U.S. Securities and Exchange Commission on October 18, 2024 (the "Proxy Statement").

Proposal No. 1. Election of Directors. The stockholders re-elected five directors to the Company's Board of Directors (the "Board") to serve until the Company's 2025 annual meeting of stockholders and until their respective successors are duly elected and qualified, by the votes set forth in the table below:

Nominees For Against Abstain Broker
Non-Votes
Robyn C. Davis 3,719,463 358,953 34,673 1,104,904
Brian Hullinger 3,727,163 351,202 34,724 1,104,904
Peter H. Kamin 3,717,255 384,797 11,037 1,104,904
Darius G. Nevin 3,704,668 373,763 34,658 1,104,904
Andrew M. Reynolds 3,719,488 358,943 34,658 1,104,904

Proposal No. 2. Advisory Vote on Executive Compensation. The stockholders approved, on a non-binding advisory basis, the compensation of the Company's named executive officers, as described in the Proxy Statement, by the votes set forth in the table below:

For Against Abstain Broker
Non-Votes
3,654,822 416,466 41,801 1,104,904

Proposal No. 3. Ratification of Appointment of Independent Registered Public Accounting Firm. The stockholders ratified the appointment of Whitley Penn LLP as the Company's independent registered public accounting firm for the year ending December 31, 2024, by the votes set forth in the table below:

For Against Abstain Broker
Non-Votes
4,820,325 367,323 30,345 0