Tanger Inc.

05/12/2025 | Press release | Distributed by Public on 05/12/2025 07:07

Proxy Results (Form 8-K)

Item 5.07 Submission of Matters to Vote of Security Holders
On May 9, 2025, the Company held its 2025 Annual Meeting. The first matter on which the common shareholders voted was the election of nine directors to serve until the next Annual Meeting of Shareholders. The results of the voting are as shown below:
Name of Nominee Votes For Votes Against Abstain Non-Votes
Jeffrey B. Citrin 88,648,103 647,982 37,299 12,085,421
Sandeep L. Mathrani 89,167,363 128,046 37,975 12,085,421
Thomas J. Reddin 86,792,859 2,502,065 38,460 12,085,421
Bridget M. Ryan-Berman 87,713,655 1,549,456 70,273 12,085,421
Susan E. Skerritt 89,182,471 110,328 40,586 12,085,421
Sonia Syngal 89,168,862 110,961 53,562 12,085,421
Steven B. Tanger 88,104,059 1,190,431 38,895 12,085,421
Luis A. Ubiñas 88,306,749 986,732 39,904 12,085,421
Stephen J. Yalof 89,068,061 228,366 36,958 12,085,421
The second matter on which the common shareholders voted was the ratification of the appointment of Deloitte & Touche LLP as the Company's independent registered public accounting firm for the fiscal year ending December 31, 2025. The results of the voting are as shown below:
Votes For Votes Against Abstain Non-Votes
100,573,329 778,671 66,806 -
The third matter on which the common shareholders voted was the approval, on an advisory (non-binding) basis, of named executive officer compensation. The results of the voting are as shown below:
Votes For Votes Against Abstain Non-Votes
87,220,853 1,981,398 131,134 12,085,421
Based on the foregoing votes, each of the nominees named above was elected as a director, and matters two and three were approved.
Item 8.01 Other Events
On May 9, 2025, the Board of Directors of the Company authorized the repurchase of up to $200 million of the Company's outstanding shares. This replaces the current repurchase authorization for approximately $100 million that was set to expire on May 31, 2025.
The share repurchase plan does not obligate the Company to repurchase any particular amount of common shares and may be modified, extended, suspended or discontinued at any time. The repurchase plan will be subject to applicable federal securities laws. The Company may structure any open market purchases under the plan to occur within pricing and volume requirements of Rule 10b-18 and may, from time to time, enter into Rule 10b5-1 plans to facilitate the repurchase of its shares under this authorization.
Tanger Inc. published this content on May 12, 2025, and is solely responsible for the information contained herein. Distributed via SEC EDGAR on May 12, 2025 at 13:07 UTC. If you believe the information included in the content is inaccurate or outdated and requires editing or removal, please contact us at support@pubt.io