8-KShareholder Matters

CARNIVAL CORP 8-K Report, Shareholder Vote Results (Apr 20, 2015)

Filed April 20, 2015For Securities:CCL

Summary

Carnival Corporation and Carnival plc held their annual shareholder meetings on April 14, 2015, where several key proposals were voted upon. The report details the outcomes of these votes, providing a snapshot of shareholder sentiment on corporate governance and executive compensation. All directors standing for re-election were approved by a significant majority, indicating shareholder confidence in the current leadership. Notably, shareholders also ratified the appointment of PricewaterhouseCoopers LLP as the independent auditor for both Carnival Corporation and Carnival plc. The compensation of named executive officers for fiscal year 2014 was put to an advisory vote, as were several proposals related to the allotment and buy-back of Carnival plc shares, with most receiving strong support. The primary focus of this filing is the transparency of these shareholder decisions.

Key Highlights

  • 1All directors standing for re-election, including Micky Arison, Sir Jonathon Band, Arnold W. Donald, and others, were approved by shareholders.
  • 2PricewaterhouseCoopers LLP was re-appointed as the independent auditor for Carnival plc and ratified for Carnival Corporation.
  • 3Shareholders voted to approve the fiscal 2014 compensation of named executive officers for Carnival Corporation & plc, though with a notable number of 'Against' votes.
  • 4The company received strong shareholder approval for the general authority to buy back Carnival plc ordinary shares in the open market.
  • 5Proposals to authorize the allotment of new shares and disapply pre-emption rights for Carnival plc also received substantial shareholder backing.
  • 6The Annual Meetings saw a strong turnout, with proxies representing 665,097,804 shares entitled to vote.
  • 7The report includes detailed vote tallies for director elections, auditor appointments, executive compensation, and share management proposals.

Frequently Asked Questions

This 8-K filing reports the results of the annual shareholder meetings for Carnival Corporation and Carnival plc held on April 14, 2015. It details the outcomes of votes on matters such as director elections, auditor appointments, executive compensation, and corporate actions related to share management.

Yes, all directors who stood for re-election at the annual meetings, including key figures like Micky Arison and Arnold W. Donald, were approved by shareholders. The vote tallies show significant support for each director.

The compensation of named executive officers for fiscal year 2014 was subject to an advisory vote. While approved, this proposal received a more significant number of 'Against' votes and 'Abstain' votes compared to some other agenda items, suggesting some shareholder scrutiny.

Yes, shareholders approved the re-appointment of PricewaterhouseCoopers LLP as the independent auditors for Carnival plc and ratified their selection as the independent registered certified public accounting firm for Carnival Corporation.