Information  X 
Enter a valid email address
  Print      Mail a friend       More announcements

Tuesday 07 May, 2019

TechnipFMC

TechnipFMC plc: Results of 2019 Annual General Meeting of Shareholders

TechnipFMC plc: Results of 2019 Annual General Meeting of Shareholders

TechnipFMC

TechnipFMC plc (the “Company”) (NYSE: FTI) (PARIS: FTI) (ISIN: GB00BDSFG982) announces that, on 3 May 2019, it filed with the U.S. Securities and Exchange Commission its Current Report on Form 8-K announcing the voting results of the Company’s Annual General Meeting held on Wednesday, 1 May 2019 at One St. Paul’s Churchyard, London, EC4M 8AP, United Kingdom. A vote was held for each proposal.

The following are the final voting results of the Annual General Meeting.

Proposals 1(a) – 1(l) – Election of Directors

Election of each of the 12 director nominees for a term expiring at the Company’s 2020 Annual General Meeting of Shareholders or until his or her earlier death, retirement, resignation, or removal pursuant to the Company’s articles of association.

The voting results were as follows:

a. Election of director: Douglas J. Pferdehirt

FOR (Number of votes)   PERCENT FOR (%)  

AGAINST
(Number of votes)

  PERCENT AGAINST (%)  

TOTAL VOTES
VALIDLY CAST

 

TOTAL VOTES VALIDLY CAST AS A
PERCENTAGE OF SHARES IN ISSUE (%)

  ABSTENTIONS (Number of votes)  

BROKER NON-VOTES
(Number of votes)

278,151,794   92.1   23,776,681   7.9   301,928,475   67.1   5,687,220   7,139,704

b. Election of director: Arnaud Caudoux

FOR (Number of votes)   PERCENT FOR (%)   AGAINST (Number of votes)   PERCENT AGAINST (%)   TOTAL VOTES VALIDLY CAST  

TOTAL VOTES VALIDLY CAST AS A
PERCENTAGE OF SHARES IN ISSUE (%)

  ABSTENTIONS (Number of votes)  

BROKER NON-VOTES
(Number of votes)

215,103,790   70.2   91,343,768   29.8   306,447,558   68.1   1,168,137   7,139,704

c. Election of director: Pascal Colombani

FOR (Number of votes)   PERCENT FOR (%)   AGAINST (Number of votes)   PERCENT AGAINST (%)   TOTAL VOTES VALIDLY CAST  

TOTAL VOTES VALIDLY CAST AS A
PERCENTAGE OF SHARES IN ISSUE (%)

  ABSTENTIONS (Number of votes)  

BROKER NON-VOTES
(Number of votes)

298,498,760   97.4   7,960,021   2.6   306,458,781   68.1   1,156,914   7,139,704

d. Election of director: Marie-Ange Debon

FOR (Number of votes)   PERCENT FOR (%)   AGAINST (Number of votes)   PERCENT AGAINST (%)   TOTAL VOTES VALIDLY CAST  

TOTAL VOTES VALIDLY CAST AS A
PERCENTAGE OF SHARES IN ISSUE (%)

  ABSTENTIONS (Number of votes)  

BROKER NON-VOTES
(Number of votes)

256,127,641   86.2   40,854,965   13.8   296,982,606   66.0   10,633,089   7,139,704

e. Election of director: Eleazar de Carvalho Filho

FOR (Number of votes)   PERCENT FOR (%)   AGAINST (Number of votes)   PERCENT AGAINST (%)   TOTAL VOTES VALIDLY CAST  

TOTAL VOTES VALIDLY CAST AS A
PERCENTAGE OF SHARES IN ISSUE (%)

  ABSTENTIONS (Number of votes)  

BROKER NON-VOTES
(Number of votes)

272,282,118   88.7   34,789,900   11.3   307,072,018   68.2   543,677   7,139,704

f. Election of director: Claire S. Farley

FOR (Number of votes)   PERCENT FOR (%)   AGAINST (Number of votes)   PERCENT AGAINST (%)   TOTAL VOTES VALIDLY CAST  

TOTAL VOTES VALIDLY CAST AS A
PERCENTAGE OF SHARES IN ISSUE (%)

  ABSTENTIONS (Number of votes)  

BROKER NON-VOTES
(Number of votes)

299,433,373   97.5   7,626,672   2.5   307,060,045   68.2   555,650   7,139,704

g. Election of director: Didier Houssin

FOR (Number of votes)   PERCENT FOR (%)   AGAINST (Number of votes)   PERCENT AGAINST (%)   TOTAL VOTES VALIDLY CAST  

TOTAL VOTES VALIDLY CAST AS A
PERCENTAGE OF SHARES IN ISSUE (%)

  ABSTENTIONS (Number of votes)  

BROKER NON-VOTES
(Number of votes)

298,367,687   97.4   8,083,841   2.6   306,451,528   68.1   1,164,167   7,139,704

h. Election of director: Peter Mellbye

FOR (Number of votes)   PERCENT FOR (%)   AGAINST (Number of votes)   PERCENT AGAINST (%)   TOTAL VOTES VALIDLY CAST  

TOTAL VOTES VALIDLY CAST AS A
PERCENTAGE OF SHARES IN ISSUE (%)

  ABSTENTIONS (Number of votes)  

BROKER NON-VOTES
(Number of votes)

289,562,839   94.3   17,503,196   5.7   307,066,035   68.2   549,660   7,139,704

i. Election of director: John O’Leary

FOR (Number of votes)   PERCENT FOR (%)   AGAINST (Number of votes)   PERCENT AGAINST (%)   TOTAL VOTES VALIDLY CAST  

TOTAL VOTES VALIDLY CAST AS A
PERCENTAGE OF SHARES IN ISSUE (%)

  ABSTENTIONS (Number of votes)  

BROKER NON-VOTES
(Number of votes)

298,739,298   97.5   7,701,025   2.5   306,440,323   68.1   1,175,372   7,139,704

j. Election of director: Kay G. Priestly

FOR (Number of votes)   PERCENT FOR (%)   AGAINST (Number of votes)   PERCENT AGAINST (%)   TOTAL VOTES VALIDLY CAST  

TOTAL VOTES VALIDLY CAST AS A
PERCENTAGE OF SHARES IN ISSUE (%)

  ABSTENTIONS (Number of votes)  

BROKER NON-VOTES
(Number of votes)

299,166,380   97.4   7,895,809   2.6   307,062,189   68.2   553,506   7,139,704

k. Election of director: Joseph Rinaldi

FOR (Number of votes)   PERCENT FOR (%)   AGAINST (Number of votes)   PERCENT AGAINST (%)   TOTAL VOTES VALIDLY CAST  

TOTAL VOTES VALIDLY CAST AS A
PERCENTAGE OF SHARES IN ISSUE (%)

  ABSTENTIONS (Number of votes)  

BROKER NON-VOTES
(Number of votes)

300,066,884   97.9   6,373,079   2.1   306,439,963   68.1   1,175,732   7,139,704

l. Election of director: James M. Ringler

FOR (Number of votes)   PERCENT FOR (%)   AGAINST (Number of votes)   PERCENT AGAINST (%)   TOTAL VOTES VALIDLY CAST  

TOTAL VOTES VALIDLY CAST AS A
PERCENTAGE OF SHARES IN ISSUE (%)

  ABSTENTIONS (Number of votes)  

BROKER NON-VOTES
(Number of votes)

250,176,300   81.5   56,892,841   18.5   307,069,141   68.2   546,554   7,139,704

Proposal 2 – U.K. Annual Report and Accounts

Receipt of the Company’s audited U.K. accounts for the year ended December 31, 2018, including the reports of the directors and the auditor thereon.

The voting results were as follows:

FOR (Number of votes)   PERCENT FOR (%)   AGAINST (Number of votes)   PERCENT AGAINST (%)   TOTAL VOTES VALIDLY CAST  

TOTAL VOTES VALIDLY CAST AS A
PERCENTAGE OF SHARES IN ISSUE (%)

  ABSTENTIONS (Number of votes)  

BROKER NON-VOTES
(Number of votes)

310,342,671   98.8   3,625,606   1.2   313,968,277   69.8   787,122   N/A

Proposal 3 – 2018 Say-on-Pay for Named Executive Officers

Approval of the Company’s named executive officer (“NEO”) compensation for the year ended December 31, 2018.

The voting results were as follows:

FOR (Number of votes)   PERCENT FOR (%)   AGAINST (Number of votes)   PERCENT AGAINST (%)   TOTAL VOTES VALIDLY CAST  

TOTAL VOTES VALIDLY CAST AS A
PERCENTAGE OF SHARES IN ISSUE (%)

  ABSTENTIONS (Number of votes)  

BROKER NON-VOTES
(Number of votes)

213,720,747   69.6   93,566,321   30.4   307,287,068   68.3   328,627   7,139,704

Proposal 4 – Frequency of Future Say-on-Pay Proposals for NEOs

Approval, on an advisory basis, of the frequency of future Say-on-Pay proposals for NEOs. Based on the results of this Proposal 4, the Company has determined to include future Say-on-Pay proposals for NEOs every year until the next required frequency vote.

The voting results were as follows:

1 YEAR (Number of votes)   1 YEAR (%)   2 YEARS (Number of votes)   2 YEARS (%)   3 YEARS (Number of Votes)   3 YEARS (%)   TOTAL VOTES VALIDLY CAST  

TOTAL VOTES VALIDLY CAST AS A
PERCENTAGE OF SHARES IN ISSUE (%)

  ABSTENTIONS (Number of votes)  

BROKER NON-VOTES
(Number of votes)

301,205,901   98.1   346,421   0.1   5,426,340   1.8   306,978,662   68.2   637,033   7,139,704

Proposal 5 – 2018 Directors’ Remuneration Report

Approval, on an advisory basis, of the Company’s directors’ remuneration report for the year ended December 31, 2018.

The voting results were as follows:

FOR (Number of votes)   PERCENT FOR (%)   AGAINST (Number of votes)   PERCENT AGAINST (%)   TOTAL VOTES VALIDLY CAST  

TOTAL VOTES VALIDLY CAST AS A
PERCENTAGE OF SHARES IN ISSUE (%)

  ABSTENTIONS (Number of votes)  

BROKER NON-VOTES
(Number of votes)

245,541,292   79.9   61,734,154   20.1   307,275,446   68.3   340,249   7,139,704

Proposal 6 – Ratification of U.S. Auditor

Ratification of the appointment of PricewaterhouseCoopers LLP (“PwC”) as the Company’s U.S. independent registered public accounting firm for the year ending December 31, 2019.

The voting results were as follows:

FOR (Number of votes)   PERCENT FOR (%)   AGAINST (Number of votes)   PERCENT AGAINST (%)   TOTAL VOTES VALIDLY CAST  

TOTAL VOTES VALIDLY CAST AS A
PERCENTAGE OF SHARES IN ISSUE (%)

  ABSTENTIONS (Number of votes)  

BROKER NON-VOTES
(Number of votes)

310,040,197   98.6   4,277,416   1.4   314,317,613   69.8   437,786   N/A

Proposal 7 – Re-appointment of U.K. Statutory Auditor

Re-appointment of PwC as the Company’s U.K. statutory auditor under the U.K. Companies Act 2006, to hold office until the next annual general meeting of shareholders at which accounts are laid.

The voting results were as follows:

FOR (Number of votes)   PERCENT FOR (%)   AGAINST (Number of votes)   PERCENT AGAINST (%)   TOTAL VOTES VALIDLY CAST  

TOTAL VOTES VALIDLY
CAST AS A PERCENTAGE OF SHARES IN ISSUE (%)

  ABSTENTIONS (Number of votes)  

BROKER NON-VOTES
(Number of votes)

309,820,157   98.6   4,512,036   1.4   314,332,193   69.8   423,206   N/A

Proposal 8 – U.K. Statutory Auditor Fees

Authorize the Board of Directors and/or the Audit Committee to determine the remuneration of PwC, in its capacity as the Company’s U.K. statutory auditor for the year ending December 31, 2019.

The voting results were as follows:

FOR (Number of votes)   PERCENT FOR (%)   AGAINST (Number of votes)   PERCENT AGAINST (%)   TOTAL VOTES VALIDLY CAST  

TOTAL VOTES VALIDLY
CAST AS A PERCENTAGE OF SHARES IN ISSUE (%)

  ABSTENTIONS (Number of votes)  

BROKER NON-VOTES
(Number of votes)

310,562,761   98.9   3,523,652   1.1   314,086,413   69.8   668,986   N/A

A copy of the Current Report on Form 8-K can be found on the SEC website (www.sec.gov) and on the TechnipFMC website (investors.technipfmc.com).

About TechnipFMC

TechnipFMC is a global leader in subsea, onshore/offshore, and surface projects. With our proprietary technologies and production systems, integrated expertise, and comprehensive solutions, we are transforming our clients’ project economics.

We are uniquely positioned to deliver greater efficiency across project lifecycles from concept to project delivery and beyond. Through innovative technologies and improved efficiencies, our offering unlocks new possibilities for our clients in developing their oil and gas resources.

Each of our more than 37,000 employees is driven by a steady commitment to clients and a culture of purposeful innovation, challenging industry conventions, and rethinking how the best results are achieved.

To learn more about us and how we are enhancing the performance of the world’s energy industry, go to TechnipFMC.com and follow us on Twitter @TechnipFMC.

Investor relations
Matt Seinsheimer
Vice President Investor Relations
Tel: +1 281 260 3665
Email: Matt Seinsheimer

Phillip Lindsay
Director Investor Relations Europe
Tel: +44 203 429 3929
Email:Phillip Lindsay

Media relations
Christophe Belorgeot
Senior Vice President Corporate Engagement
Tel: +33 1 47 78 39 92
Email:Christophe Belorgeot

Delphine Nayral
Manager Public Relations
Tel: +33 1 47 78 34 83
Email:Delphine Nayral


a d v e r t i s e m e n t