Comcast Corporation Announces Preliminary Results of 2021 Annual Meeting of Shareholders

Rhea-AI Summary

Comcast Corporation has released preliminary results from its 2021 Annual Meeting of Shareholders. All nominees were elected to the Board for one-year terms, which consists of 10 directors, 9 of whom are independent. The board showcases 50% diversity by gender and race/ethnicity. Shareholders also approved executive compensation and ratified Deloitte & Touche LLP as independent auditors for 2021. However, a proposal for an independent investigation on sexual harassment risks was voted down. Final results will be submitted to the SEC within four business days.

Positive

• All board nominees elected for one-year terms.
• Board comprises 50% diversity by gender, race, or ethnicity.
• Executive compensation proposal approved.
• Appointment of Deloitte & Touche LLP as independent auditors ratified.

Negative

• Shareholder proposal for an independent investigation on sexual harassment risks was rejected.

Comcast Corporation today announced the preliminary results of its 2021 Annual Meeting of Shareholders held this morning. Final voting results will be filed with the U.S. Securities and Exchange Commission on a Form 8-K within four business days.

Company Proposals

• Election of Directors: Shareholders elected all nominees to Comcast’s Board of Directors for one-year terms. Comcast’s Board has 10 directors, nine of whom are independent, and is 50 percent diverse by gender, race or ethnicity, with 30 percent gender and 30 percent racial and ethnic diversity.

• Advisory Vote to Approve Executive Compensation: Shareholders voted in favor of this proposal.

• Ratification of the Appointment of Independent Auditors: Shareholders ratified the appointment of Deloitte & Touche LLP to serve as independent auditors for the year ending December 31, 2021.

Shareholder Proposal

• To Conduct Independent Investigation and Report on Risks Posed by Failing to Prevent Sexual Harassment: Shareholders voted against this proposal.

About Comcast Corporation

Comcast Corporation (Nasdaq: CMCSA) is a global media and technology company that connects people to moments that matter. We are principally focused on broadband, aggregation, and streaming with over 56 million customer relationships across the United States and Europe. We deliver broadband, wireless, and video through our Xfinity, Comcast Business, and Sky brands; create, distribute, and stream leading entertainment, sports, and news through Universal Filmed Entertainment Group, Universal Studio Group, Sky Studios, the NBC and Telemundo broadcast networks, multiple cable networks, Peacock, NBCUniversal News Group, NBC Sports, Sky News, and Sky Sports; and provide memorable experiences at Universal Parks and Resorts in the United States and Asia. Visit www.comcastcorporation.com for more information.

View source version on businesswire.com: https://www.businesswire.com/news/home/20210602005696/en/

FAQ

What were the preliminary results of Comcast's 2021 Annual Meeting of Shareholders?

All board nominees were elected for one-year terms, with 50% diversity. Executive compensation was approved, and Deloitte & Touche LLP was ratified as auditors.

How diverse is Comcast's Board of Directors?

Comcast's Board of Directors has 50% diversity based on gender, race, or ethnicity.

What proposal did shareholders reject at Comcast's 2021 Annual Meeting?

Shareholders voted against a proposal for an independent investigation into risks of failing to prevent sexual harassment.

Who was ratified as independent auditors for Comcast in 2021?

Deloitte & Touche LLP was ratified as independent auditors for the year ending December 31, 2021.