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|Item 5.07.|| |
Submission of Matters to a Vote of Security Holders.
On July 25, 2023, the Power Solutions International, Inc. (the “Company”) held its 2023 Annual Meeting of Stockholders. All matters submitted for approval by the Company’s stockholders, as described in the Company’s definitive proxy statement on Schedule 14A filed with the Securities and Exchange Commission on June 15, 2023, were approved. The number of shares of common stock entitled to vote at the Company’s 2023 Annual Meeting of Stockholders was 22,951,478, representing the number of shares outstanding as of May 26, 2023, the record date for the annual meeting. The voting details follow below.
Proposal No. 1: Election of Directors
The following nominees were elected to the Board for a one-year term expiring at the Company’s 2024 Annual Meeting, as follows:
Shaojun Sun, Ph.D.
Frank P. Simpkins
Kenneth W. Landini
Proposal No. 2: Ratification of Appointment of BDO USA, LLP to Serve as the Company’s Independent Registered Public Accounting Firm for the Company for the Fiscal Year Ending December 31, 2023
The ratification of BDO USA, LLP to serve as the Company’s independent registered public accounting firm for the fiscal year ending December 31, 2023, was approved as follows:
Proposal No. 3: Approval, on an Advisory, Non-binding Basis, the Compensation of the Company’s Named Executive Officers
The Company’s named executive officer compensation was approved on an advisory, non-binding basis, as follows:
Pursuant to the requirements of the Securities Exchange Act of 1934, as amended, the registrant has duly caused this report to be signed on its behalf by the undersigned, hereunto duly authorized.
|Power Solutions International, Inc.|
|Dated: July 25, 2023||By:|
|Name: Junhua Gu|
|Title: Interim General Counsel|