8-KShareholder Matters

Aon plc 8-K Report, Shareholder Vote Results (Jun 30, 2014)

Filed June 30, 2014For Securities:AON

Summary

This 8-K filing reports on Aon plc's (AON) Annual General Meeting of Shareholders held on June 24, 2014. The meeting saw strong participation, with 86.3% of eligible shares represented. All ten proposals presented to shareholders were approved, reflecting broad support for the company's governance and operational proposals. Key outcomes include the election of all twelve director nominees, the approval of the company's 2013 annual report and accounts, and the ratification of Ernst & Young LLP as the independent registered public accounting firm and UK statutory auditors for 2014. Shareholders also approved executive compensation, the directors' remuneration policy and report, an increase in shares available under the 2011 Incentive Compensation Plan, and revised share repurchase program contracts.

Key Highlights

  • 1All twelve director nominees were overwhelmingly elected by shareholders.
  • 2Shareholders approved the company's 2013 annual report and accounts.
  • 3Ernst & Young LLP was ratified as the independent registered public accounting firm for 2014.
  • 4Ernst & Young LLP was re-appointed as the UK statutory auditors.
  • 5An advisory vote to approve executive compensation received strong shareholder support.
  • 6Shareholders approved an increase in the number of shares available for issuance under the Aon plc 2011 Incentive Compensation Plan.
  • 7All ten proposals presented at the Annual General Meeting were approved by a significant majority of shareholders.

Frequently Asked Questions

A total of 256,034,264 Class A Ordinary Shares were represented at the Annual General Meeting, which constitutes 86.3% of the total shares entitled to vote, indicating strong shareholder participation.

No, all ten proposals presented to the shareholders were approved. This included the election of directors, financial reports, auditor appointments, executive compensation, and incentive plans, suggesting broad agreement among shareholders on the company's direction and governance.

Shareholders ratified the appointment of Ernst & Young LLP as the company's independent registered public accounting firm for 2014 and re-appointed them as the UK statutory auditors. The board was also authorized to determine their remuneration.

An advisory vote to approve executive compensation was approved by shareholders. The 'For' votes significantly outweighed the 'Against' votes, with a substantial number of broker non-votes also present.