ESOPJun 16, 2026, 04:22 PM
Norwegian Cruise Line Shareholders Approve 8.8M Share Increase for Incentive Plan
AI Summary
Norwegian Cruise Line Holdings Ltd. shareholders approved the Restated 2013 Performance Incentive Plan at the Annual Meeting on June 11, 2026. This plan increases the number of ordinary shares available for awards by an additional 8,807,000, bringing the new maximum to 56,816,006 shares, and extends the plan's expiration date to February 8, 2036. Additionally, shareholders voted on other proposals, including the election of three Class I directors and advisory votes on executive compensation and the frequency of future Say-on-Pay votes.
Key Highlights
- Shareholders approved the Restated 2013 Performance Incentive Plan.
- The plan increases ordinary shares available for awards by 8,807,000, to a new maximum of 56,816,006 shares.
- The plan's expiration date is extended to February 8, 2036.
- Shareholders elected three Class I directors to serve until the 2029 annual general meeting.
- Shareholders approved executive compensation on a non-binding, advisory basis.
- Shareholders approved the frequency of future Say-on-Pay Votes on a non-binding, advisory basis.
- 363,852,495 ordinary shares, representing 79.25% of voting power, were present at the Annual Meeting.
Price Impact
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