AT&T Announces Preliminary Results of 2023 Annual Meeting

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05/18/2023 - 05:25 PM

DALLAS, May 18, 2023 /PRNewswire/ -- AT&T held its annual stockholder meeting. Additional information can be found on the AT&T Investor Relations website.

Key Takeaways:

AT&T held its annual stockholder meeting.
Additional information can be found on the AT&T Investor Relations website and on AT&T's proxy website.
Each of the 10 nominees to the board of directors were re-elected to a one-year term.

AT&T Inc.* (NYSE: T) announced the preliminary results of its annual meeting of stockholders, which was held today.

At the meeting, each of the 10 nominees to the company's board of directors were re-elected to a one-year term. Stockholders also voted to approve the appointment of Ernst & Young as the company's independent auditors (95.2% of votes cast in favor).

In advisory votes, stockholders approved the compensation of AT&T's executive officers, as described in the 2023 proxy statement (92.3% of votes cast in favor), and the frequency with which stockholders vote on executive compensation (95.7% cast in favor of an annual vote).

Additionally, two proposals submitted by stockholders were defeated:

The request to adopt an independent board chairman policy with 65.6% of votes cast against.
The request to commission a third-party, independent racial equity audit with 78.5% of votes cast against.

When final voting results are available, they will be filed with the SEC and posted on the AT&T Investor Relations website and on AT&T's proxy website.

*About AT&T

We help more than 100 million U.S. families, friends and neighbors, plus nearly 2.5 million businesses, connect to greater possibility. From the first phone call 140+ years ago to our 5G wireless and multi-gig internet offerings today, we @ATT innovate to improve lives. For more information about AT&T Inc. (NYSE:T), please visit us at about.att.com. Investors can learn more at investors.att.com.