Agenus Inc.

06/20/2025 | Press release | Distributed by Public on 06/20/2025 14:10

Proxy Results (Form 8-K)

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

Agenus Inc. (the "Company") held its Annual Meeting of Stockholders on June 17, 2025 (the "Annual Meeting"). A total of 16,711,637 shares of common stock, representing 61.5% of the shares outstanding and eligible to vote and constituting a quorum, were present at the Annual Meeting or represented by valid proxies. At the Annual Meeting, the Company's stockholders voted on the following matters, which are described in detail in the Company's Definitive Proxy Statement filed with the U.S. Securities and Exchange Commission on April 18, 2025: (i) to elect Brian Corvese and Timothy Wright as a Class I directors, each for a term of three years expiring at the 2028 Annual Meeting of Stockholders ("Proposal 1"); (ii) to approve an amendment to the Company's Amended and Restated 2019 Equity Incentive Plan ("2019 EIP") to increase the number of shares of common stock authorized for issuance thereunder from 5,050,000 shares to 12,050,000 shares ("Proposal 2"); (iii) to approve an amendment to the Company's Amended and Restated Directors' Deferred Compensation Plan (as amended) to increase the number of shares of common stock authorized for issuance thereunder from 63,750 shares to 88,750 shares ("Proposal 3"); (iv) to approve an amendment to the Company's 2019 Employee Stock Purchase Plan (as amended) to increase the number of shares of common stock authorized for issuance thereunder from 100,000 shares to 150,000 shares ("Proposal 4"); (v) to approve a one-time exchange of options to purchase shares under our 2019 EIP, our Amended and Restated 2009 Equity Incentive Plan, and our 2015 Inducement Equity Plan ("Proposal 5"); (vi) approve, in a non-binding advisory vote, the compensation of the Company's named executive officers ("Proposal 6"); and (vii) to ratify the appointment of KPMG LLP as the Company's independent registered public accounting firm for the fiscal year ending December 31, 2025 ("Proposal 7").

The Company's stockholders approved the Class I director nominees recommended for election in Proposal 1 at the Annual Meeting.

The votes cast at the Annual Meeting were as follows:

Class I Director Nominee

For

Withheld

Broker Non-Votes

Brian Corvese

5,990,696

4,826,366

5,894,575

Timothy Wright

6,857,208

3,959,854

5,894,575

The Company's stockholders approved Proposal 2. The votes cast at the Annual Meeting were as follows:

For

Against

Abstain

Broker Non-Votes

6,141,762

4,593,951

81,349

5,894,575

The Company's stockholders approved Proposal 3. The votes cast at the Annual Meeting were as follows:

For

Against

Abstain

Broker Non-Votes

6,967,755

3,759,541

89,766

5,894,575

The Company's stockholders approved Proposal 4. The votes cast at the Annual Meeting were as follows:

For

Against

Abstain

Broker Non-Votes

7,632,807

3,112,164

72,091

5,894,575

The Company's stockholders did not approve Proposal 5. The votes cast at the Annual Meeting were as follows:

For

Against

Abstain

Broker Non-Votes

4,869,821

5,824,232

123,009

5,894,575

The Company's stockholders did not approve Proposal 6. The votes cast at the Annual Meeting were as follows:

For

Against

Abstain

Broker Non-Votes

5,162,339

5,184,095

470,628

5,894,575

The Company's stockholders approved Proposal 7. The votes cast at the Annual Meeting were as follows:

For

Against

Abstain

Broker Non-Votes

13,618,003

2,874,982

218,652

0


Agenus Inc. published this content on June 20, 2025, and is solely responsible for the information contained herein. Distributed via Edgar on June 20, 2025 at 20:11 UTC. If you believe the information included in the content is inaccurate or outdated and requires editing or removal, please contact us at [email protected]