06/26/2026 | Press release | Distributed by Public on 06/26/2026 04:05
| Item 5.07 | Submission of Matters to a Vote of Security Holders |
On June 23, 2026, SmartKem, Inc., Inc. (the "Company") held an Annual Meeting of Stockholders (the "Meeting") to consider and vote on eleven proposals, each of which is described in greater detail in the Company's definitive proxy statement dated May 18, 2026 and first mailed to stockholders of the Company on or about May 18, 2026 (the "Proxy Statement"). At the close of business on May 11, 2026, the record date for the determination of stockholders entitled to vote at the Meeting, there were 21,446,213 shares of common stock, each share entitled to one vote, constituting all of the outstanding voting securities of the Company. At the Meeting, the holders of 14,391,656 shares of the Company's common stock were represented in person or by proxy, constituting a quorum. The final voting results for each of the matters submitted to a Company stockholder vote at the Meeting are set forth below. Capitalized terms used and not otherwise defined herein have the meanings given in the Proxy Statement.
PROPOSAL ONE: Election of Director Nominees to serve as Class II Directors for a three-year term expiring at the annual meeting of stockholders in 2029;
1a. KLAAS DE BOER
| FOR: | ABSTAIN | BROKER NON-VOTES: | ||
| 11,511,577 | 41,600 | 2,838,479 |
1b. SRIRAM PERUVEMBA
| FOR: | ABSTAIN | BROKER NON-VOTES: | ||
| 11,491,588 | 61,589 | 2,838,479 |
PROPOSAL TWO: to approve, on an advisory basis, the executive compensation program for the Company's named executive officers;
| FOR: | AGAINST: | ABSTAIN: | BROKER NON-VOTES: | |||
| 11,499,529 | 49,241 | 4,407 | 2,838,479 |