GrafTech International Files DEFA14A Proxy Materials

TL;DR

GrafTech filed proxy docs, standard shareholder meeting prep.

AI Summary

GrafTech International Ltd. filed a Definitive Additional Materials (DEFA14A) on May 6, 2024. This filing is related to their proxy materials for the upcoming shareholder meeting. The company is headquartered in Brooklyn Heights, Ohio, and operates in the electrical industrial apparatus sector.

Why It Matters

This filing indicates GrafTech is proceeding with its shareholder communication and meeting preparations, which is a standard corporate governance process.

Risk Assessment

Risk Level: low — This is a routine filing related to a shareholder meeting and does not contain new material financial information or strategic changes.

Key Players & Entities

• GRAFTECH INTERNATIONAL LTD (company) — Registrant
• 20240506 (date) — Filing Date
• 982 KEYNOTE CIRCLE (address) — Business and Mailing Address
• BROOKLYN HEIGHTS (location) — City
• OH (state) — State
• 44131 (zip_code) — Zip Code
• 2166762000 (phone_number) — Business Phone
• UCAR INTERNATIONAL INC (company) — Former Company Name
• 19941011 (date) — Date of Name Change

FAQ

Filing Documents

• a2024proxymaterials5624.htm (DEFA14A) — 30KB
• image_0.jpg (GRAPHIC) — 28KB
• 0000931148-24-000071.txt ( ) — 69KB

From the Filing

Document UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 SCHEDULE 14A Proxy Statement Pursuant to Section 14(a) of the Securities Exchange Act of 1934 (Amendment No. ) Filed by the Registrant Filed by a Party other than the Registrant Check the appropriate box Preliminary Proxy Statement. Confidential, for Use of the Commission Only (as permitted by Rule 14a-6(e)(2)). Definitive Proxy Statement. Definitive Additional Materials. Soliciting Material Pursuant to 240.14a-12. GRAFTECH INTERNATIONAL LTD. (Name of Registrant as Specified in its Charter) (Name of Person(s) Filing Proxy Statement, if other than the Registrant) Payment of Filing Fee (Check the appropriate box) No fee required. Fee paid previously with preliminary materials. Fee computed on table in exhibit required by Item 25(b) per Exchange Act Rules 14a-6(i)(1) and 0-11. GrafTech Urges Stockholders to Vote Today "FOR" the Board-Recommended Nominees Using the WHITE Proxy Card GrafTech Reminds Stockholders That Every Vote Is Important GrafTech Urges Stockholders to Vote Today "FOR" Ms. Debra Fine and Mr. Anthony Taccone Using the WHITE Proxy Card and Vote "WITHHOLD" on the Dissident Nominee BROOKLYN HEIGHTS, Ohio – May 6, 2024 – GrafTech International Ltd. (NYSE EAF) ("GrafTech," the "Company," "we," or "our") today made the following statement with respect to its 2024 Annual Meeting of Stockholders (the "Annual Meeting") to be held on May 9, 2024. GrafTech reminds stockholders that every vote is important and urges its stockholders to review the GrafTech proxy solicitation materials carefully and use the WHITE proxy card to vote today only "FOR" the nominees recommended by GrafTech's Board of Directors (the "Board"), Ms. Debra Fine and Mr. Anthony Taccone. The Board's nomination of these two highly experienced, independent and qualified individuals is consistent with the Board's objective to have a diversity of complementary skills and opinions. Ms. Fine brings over 30 years of deep knowledge of capital markets, including over two decades of investing in the steel industry, and has over 20 years of executive leadership experience as a chief executive officer. Mr. Taccone brings over 35 years of deep knowledge of the global steel industry, with an intimate understanding of our customers. The Board's recommendation has been supported by leading proxy advisory firm Institutional Shareholder Services (ISS). ISS has recommended that GrafTech stockholders vote "FOR" the nominees recommended by GrafTech's Board, Ms. Fine and Mr. Taccone, using the WHITE proxy card. ISS further recommended that GrafTech stockholders vote "WITHHOLD" on the dissident nominee, Mr. Nilesh Undavia, and should NOT vote using the blue proxy card sent by Mr. Undavia. The recommendation of ISS is independent recognition that GrafTech's newly refreshed Board is focused on delivering value for all stockholders. The Board is experienced, highly engaged and majority independent. Further, the Board and management team have taken decisive action in response to the industry-wide cyclical downturn, and GrafTech is successfully executing its strategic initiatives. In addition to voting "FOR" Ms. Fine and Mr. Taccone using the WHITE proxy card, the Board also urges GrafTech stockholders to DISCARD all blue proxy cards and materials sent by Mr. Undavia. Further, stockholders should NOT sign, return or vote any blue proxy card sent by Mr. Undavia. Only the latest validly executed proxy card will count at the Annual Meeting. Stockholders who have any questions or need assistance voting may contact GrafTech's proxy solicitation firm, Mackenzie Partners, Inc. They can be reached toll-free at 800-322-2885 from the U.S. or Canada or +1-212-929-5500 from other countries. About GrafTech GrafTech International Ltd. is a leading manufacturer of high-quality graphite electrode products essential to the production of electric arc furnace steel and other ferrous and non-ferrous metals. The Company has a competitive portfolio of low-cost, ultra-high power graphite electrode manufacturing facilities, with some of the highest capacity facilities in the world. We are the only large-scale graphite electrode producer that is substantially vertically integrated into petroleum needle coke, our key raw material for graphite electrode manufacturing. This unique position provides us with competitive advantages in product quality and cost. Cautionary Note Regarding ForwardLooking Statements This may contain forward-looking statements within the meaning of the safe harbor provisions of the U.S. Private Securities Litigation Reform Act of 1995. Forward-looking statements reflect our current views with respect to, among other things, financial projections, plans and objectives of management for future operations, and future economic performance. Examples of forward-looking statements include, among others, statements we make regarding futu

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View this DEFA14A filing on SEC EDGAR