Take-Two Interactive Software, Inc. Announces Results of Annual Meeting of Stockholders

Rhea-AI Summary

Take-Two Interactive Software, Inc. (NASDAQ: TTWO) held its Annual Meeting of Stockholders, where the following directors were elected: Strauss Zelnick (Chairman), Michael Dornemann, Roland Hernandez, J Moses, Michael Sheresky, LaVerne Srinivasan, Susan Tolson, and Paul Viera. Stockholders approved the non-binding advisory compensation of named executive officers and amended the 2017 Stock Incentive Plan to increase reserved shares. The appointment of Ernst & Young LLP as the independent accounting firm for the fiscal year ending March 31, 2022, was ratified.

Positive

• Election of a full slate of experienced directors.
• Approval of an amendment to increase shares in the Stock Incentive Plan.

Negative

• None.

NEW YORK--(BUSINESS WIRE)-- Take-Two Interactive Software, Inc. (NASDAQ: TTWO) (the “Company”) announced the results of the stockholder vote at its Annual Meeting of Stockholders held today.

The following directors were elected:

• Strauss Zelnick, Chairman;
• Michael Dornemann;
• Roland Hernandez;
• J Moses;
• Michael Sheresky;
• LaVerne Srinivasan;
• Susan Tolson;
• Paul Viera.

In addition, the Company’s stockholders:

• Approved, on a non-binding advisory basis, the compensation of the Company’s “named executive officers”;
• Approved an amendment to the Amended and Restated Take-Two Interactive Software, Inc. 2017 Stock Incentive Plan to increase the available shares reserved thereunder; and
• Ratified the appointment of Ernst & Young LLP as the Company’s independent registered public accounting firm for the fiscal year ending March 31, 2022.

A listen-only archive of the webcast of the Annual Meeting of Stockholders will be available starting tomorrow via the Internet by visiting http://ir.take2games.com.

About Take-Two Interactive Software

Headquartered in New York City, Take-Two Interactive Software, Inc. is a leading developer, publisher, and marketer of interactive entertainment for consumers around the globe. We develop and publish products principally through Rockstar Games, 2K, Private Division, and T2 Mobile Games. Our products are designed for console systems and personal computers, including smartphones and tablets, and are delivered through physical retail, digital download, online platforms, and cloud streaming services. The Company’s common stock is publicly traded on NASDAQ under the symbol TTWO. For more corporate and product information please visit our website at http://www.take2games.com.

All trademarks and copyrights contained herein are the property of their respective holders.

View source version on businesswire.com: https://www.businesswire.com/news/home/20210914005757/en/

(Investor Relations)

Nicole Shevins

Senior Vice President

Investor Relations & Corporate Communications

Take-Two Interactive Software, Inc.

(646) 536-3005

Nicole.Shevins@take2games.com

(Corporate Press)

Alan Lewis

Vice President

Corporate Communications & Public Affairs

Take-Two Interactive Software, Inc.

(646) 536-2983

Alan.Lewis@take2games.com

Source: Take-Two Interactive

FAQ

What were the results of the Take-Two Interactive stockholder vote on September 14, 2021?

The stockholders elected several directors, approved executive compensation, and amended the Stock Incentive Plan.

Who were the elected directors at Take-Two Interactive's Annual Meeting?

The elected directors include Strauss Zelnick, Michael Dornemann, Roland Hernandez, J Moses, Michael Sheresky, LaVerne Srinivasan, Susan Tolson, and Paul Viera.

What changes were made to the Stock Incentive Plan during the meeting?

An amendment was approved to increase the available shares reserved under the 2017 Stock Incentive Plan.

Who was appointed as the independent accounting firm for Take-Two Interactive?

Ernst & Young LLP was ratified as the independent registered public accounting firm for the fiscal year ending March 31, 2022.