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Press Release

TechnipFMC plc: Results of 2020 Annual General Meeting of Shareholders

April 24, 2020

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24 April 2020

LONDON & PARIS & HOUSTON--(BUSINESS WIRE)--Apr. 24, 2020-- Regulatory News:

TechnipFMC plc (the “Company”) (NYSE: FTI) (PARIS: FTI) (ISIN: GB00BDSFG982) announces that, on 24 April 2020, 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 of Shareholders held on Friday, April 24, 2020 at Pitreavie Business Park, Queensferry Road, Dunfermline KY11 8UD, 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(n) – Election of Directors

Election of each of the 14 director nominees for a term expiring at the Company’s 2021 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)

309,107,880

93.0

23,383,927

7.0

332,491,807

74.4

1,966,459

8,222,241

 

 

 

 

 

 

 

 

b. 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)

276,339,457

82.8

57,389,033

17.2

333,728,490

74.6

729,776

8,222,241

c. 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)

330,517,612

99.0

3,244,385

1.0

333,761,997

74.7

696,269

8,222,241

 

 

 

 

 

 

 

 

d. 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)

325,580,145

97.6

8,171,596

2.4

333,751,741

74.7

706,525

8,222,241

 

 

 

 

 

 

 

 

 

e. 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)

329,820,727

98.8

3,953,962

1.2

333,774,689

74.7

683,577

8,222,241

 

 

 

 

 

 

 

 

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)

330,576,109

99.1

3,166,235

0.9

333,742,344

74.7

715,922

8,222,241

 

 

 

 

 

 

 

 

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)

325,613,628

97.6

8,139,076

2.4

333,752,704

74.7

705,562

8,222,241

 

 

 

 

 

 

 

 

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)

312,686,511

93.7

21,057,708

6.3

333,744,219

74.7

714,047

8,222,241

 

 

 

 

 

 

 

 

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)

329,159,573

98.6

4,661,336

1.4

333,820,909

74.7

637,357

8,222,241

 

 

 

 

 

 

 

 

j. Election of director: Olivier Piou

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)

329,371,931

98.7

4,459,062

1.3

333,830,993

74.7

627,273

8,222,241

k. 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)

332,402,055

99.6

1,344,688

0.4

333,746,743

74.7

711,523

8,222,241

 

 

 

 

 

 

 

 

l. 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)

330,446,734

99.0

3,307,124

1.0

333,753,858

74.7

704,408

8,222,241

 

 

 

 

 

 

 

 

 

m. 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)

234,184,889

70.2

99,554,764

29.8

333,739,653

74.7

718,613

8,222,241

 

 

 

 

 

 

 

 

 

n. Election of director: John Yearwood

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)

327,459,784

98.1

6,250,599

1.9

333,710,383

74.6

747,883

8,222,241

Proposal 2 – 2019 U.S. Say-on-Pay for Named Executive Officers

Approval, on an advisory basis, of the Company’s named executive officer compensation for the year ended 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)

286,617,728

85.8

47,447,425

14.2

334,065,153

74.7

393,113

8,222,241

 

 

 

 

 

 

 

 

Proposal 3 – 2019 U.K. Directors’ Remuneration Report

Approval, on an advisory basis, of the Company’s directors’ remuneration report for the year ended 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)

288,489,638

86.4

45,553,835

13.6

334,043,473

74.7

414,793

8,222,241

 

 

 

 

 

 

 

 

Proposal 4 – Receipt of U.K. Annual Report and Accounts

Receipt of the Company’s audited U.K. accounts for the year ended December 31, 2019, 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)

341,688,781

99.9

431,722

0.1

342,120,503

76.5

560,004

N/A

 

 

 

 

 

 

 

 

Proposal 5 – Ratification of PwC as 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, 2020.

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)

338,621,439

99.0

3,535,165

1.0

342,156,604

76.5

523,903

N/A

 

 

 

 

 

 

 

 

Proposal 6 – Re-appointment of PwC as 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)

338,586,704

99.0

3,553,892

1.0

342,140,596

76.5

539,911

N/A

 

 

 

 

 

 

 

 

Proposal 7 – Approval of 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, 2020.

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)

340,351,676

99.5

1,794,750

0.5

342,146,426

76.5

534,081

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.

TechnipFMC utilizes its website www.TechnipFMC.com as a channel of distribution of material company information. To learn more about us and how we are enhancing the performance of the world’s energy industry, go to www.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 (0) 20 3429 3929
Email: Phillip Lindsay

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

Brooke Robertson
Public Relations Director
Tel: +1 281 591 4108
Email: Brooke Robertson

Source: TechnipFMC plc