AGM/EGMNov 10, 2026, 05:21 PM
Coty Inc. Stockholders Approve Incentive Plans and Director Elections at AGM/EGM
AI Summary
Coty Inc. held its annual meeting of stockholders where shareholders approved two key incentive plans: the Amended and Restated Coty Inc. Equity and Long-Term Incentive Plan (ELTIP) and the Amended and Restated Coty Inc. Stock Plan for Directors. The ELTIP's share reserve was increased by 50 million shares, and the Director Plan's reserve by 2 million shares. Additionally, all nine director nominees were elected, and advisory votes on executive compensation and its frequency were passed.
Key Highlights
- Coty Inc. stockholders approved the Amended and Restated Coty Inc. Equity and Long-Term Incentive Plan, increasing the share reserve by 50 million shares.
- Stockholders also approved the Amended and Restated Coty Inc. Stock Plan for Directors, increasing its share reserve by 2 million shares.
- All nine director nominees were elected to the Board of Directors.
- The advisory resolution on Named Executive Officer compensation was approved.
- Stockholders voted in favor of holding the advisory vote on executive compensation every year.
Price Impact
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