OLB Group Inc.

12/30/2024 | Press release | Distributed by Public on 12/30/2024 14:14

Proxy Results Form 8 K

Item 5.07. Submission of Matters to a Vote of Security Holders.

At the Annual Meeting of Stockholders (the "Annual Meeting") of The OLB Group, Inc. (the "Company"), commenced on December 27, 2024, the stockholders of the Company approved the election of directors and the three proposals listed below. Each outstanding share of Common Stock was entitled to one vote on the matters presented at the Annual Meeting and each share of Preferred Stock was entitled to 11.110 votes (for a total of 11,344 eligible votes) on the matters presented at the Annual Meeting. The final results for the votes regarding each proposal are set forth in the following tables. Each of these proposals is described in detail in the Company's Proxy Statement.

1. Elect four members of the Board of Directors, each to serve for a one-year term:

COMMON
SHARES
FOR 		PREFERRED
SHARES
FOR 		COMMON
SHARES
WITHHELD 		COMMON
SHARES
BROKER
NON-VOTE
Ronny Yakov 870,138 1,021 20,776 317,598
Amir Sternhell 862,098 1,021 28,816 317,598
Ehud Ernst 870,110 1,021 20,804 317,598
Alina Dulimof 862,968 1,021 27,946 317,598

2. Ratify the appointment by the Board of RBSM, LLP as the Company's independent registered public accounting firm for the fiscal year ending December 31, 2024:

COMMON SHARES
FOR 		PREFERRED SHARES
FOR 		COMMON SHARES
AGAINST 		COMMON SHARES
ABSTAIN 		COMMON SHARES
BROKER NON-VOTE
1,132,044 1,021 73,212 3,256 0

3. Approval of the Second Amended and Restated 2020 Share Incentive Plan, was as follows:

COMMON SHARES
FOR 		PREFERRED SHARES
FOR 		COMMON SHARES
AGAINST 		COMMON SHARES
ABSTAIN 		COMMON SHARES
BROKER NON-VOTE
862,120 1,021 28,298 496 317,598

4. Approval, on an advisory basis, the compensation of our named executive officers, was as follows:

COMMON SHARES
FOR 		PREFERRED SHARES
FOR 		COMMON SHARES
AGAINST 		COMMON SHARES
ABSTAIN 		COMMON SHARES
BROKER NON-VOTE
866,763 1,021 23,378 773 317,598