LyondellBasell Files 8-K on Shareholder Votes & Other Events

TL;DR

LYB filed an 8-K on 5/24 covering shareholder votes and other key events.

AI Summary

LyondellBasell Industries N.V. filed an 8-K on May 24, 2024, to report on matters submitted to a vote of security holders and other events. The filing details the company's corporate structure and addresses, including its principal executive offices in Houston, Texas, and its incorporation in the Netherlands.

Why It Matters

This filing provides transparency on important corporate actions and shareholder decisions for LyondellBasell Industries N.V., impacting investors' understanding of governance and operational updates.

Risk Assessment

Risk Level: low — The filing is a routine disclosure of corporate events and does not indicate any immediate financial distress or significant operational changes.

Key Numbers

• 001-34726 — SEC File Number (Identifies the company's filing with the SEC.)
• 98-0646235 — IRS Employer Identification No. (Company's tax identification number.)

Key Players & Entities

• LyondellBasell Industries N.V. (company) — Registrant
• May 24, 2024 (date) — Date of earliest event reported
• 1221 McKinney St., Suite 300, Houston, Texas 77010 (address) — Principal executive offices
• Netherlands (jurisdiction) — State of Incorporation

FAQ

Filing Documents

• lyb-20240524.htm (8-K) — 78KB
• 0001489393-24-000025.txt ( ) — 267KB
• lyb-20240524.xsd (EX-101.SCH) — 2KB
• lyb-20240524_def.xml (EX-101.DEF) — 18KB
• lyb-20240524_lab.xml (EX-101.LAB) — 32KB
• lyb-20240524_pre.xml (EX-101.PRE) — 19KB
• lyb-20240524_htm.xml (XML) — 5KB

07. Submission of Matters to a Vote of Security Holders

Item 5.07. Submission of Matters to a Vote of Security Holders. At the annual general meeting of shareholders of LyondellBasell Industries N.V. (the "Company") held on May 24, 2024 (the "Annual Meeting"), shareholders representing 298,184,406 shares of the Company, or approximately 91.6% of shares entitled to vote at the Annual Meeting, were present in person or by proxy. The Company's shareholders voted on and approved each of the matters set forth below. Proposal 1 The election of 12 director nominees to serve as members of the board of directors of the Company until the annual general meeting of shareholders in 2025 was approved based on the following votes: FOR AGAINST WITHHOLD BROKER NON-VOTES Jacques Aigrain 274,514,450 9,314,507 528,196 13,827,253 Lincoln Benet 280,536,951 3,302,057 518,145 13,827,253 Robin Buchanan 279,055,223 4,683,392 618,538 13,827,253 Anthony (Tony) Chase 282,857,369 1,280,162 219,622 13,827,253 Robert (Bob) Dudley 283,778,187 426,264 152,702 13,827,253 Claire Farley 280,444,904 3,410,762 501,487 13,827,253 Rita Griffin 274,727,173 8,680,676 949,304 13,827,253 Michael Hanley 283,756,932 446,477 153,744 13,827,253 Virginia Kamsky 283,672,083 534,316 150,754 13,827,253 Bridget Karlin 283,845,507 356,762 154,884 13,827,253 Albert Manifold 274,289,648 9,913,605 153,900 13,827,253 Peter Vanacker 283,618,674 581,999 156,480 13,827,253 Proposal 2 The discharge of directors from liability was approved based on the following votes: FOR AGAINST ABSTAIN BROKER NON-VOTES 282,474,004 762,418 1,120,731 13,827,253 Proposal 3 The adoption of the Company's Dutch statutory annual accounts for the year ended December 31, 2023 was approved based on the following votes: FOR AGAINST ABSTAIN 296,958,361 240,717 985,328 Proposal 4 The appointment of PricewaterhouseCoopers N.V. as the auditor of the Company's Dutch statutory annual accounts for the year ending December 31, 2024 was approved based on the following vot

01. Other Events

Item 8.01. Other Events. As discussed under Item 5.07 above, at the Annual Meeting, the Company's shareholders approved a new share repurchase program authorizing the Company to repurchase up to 10% of the Company's issued share capital as of the date of the Annual Meeting, or 34,042,250 shares, until November 24, 2025. The repurchases may be executed from time to time through open market or privately negotiated transactions, and the amount and timing of any future share repurchases will depend on, and be subject to, market conditions, general economic conditions, applicable legal requirements and other corporate considerations. The share repurchase program may be suspended or discontinued at any time and does not obligate the Company to acquire any particular number of shares.

SIGNATURES

SIGNATURES Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned, hereunto duly authorized. LYONDELLBASELL INDUSTRIES N.V. Date: May 24, 2024 By: /s/ Jeffrey A. Kaplan Jeffrey A. Kaplan Executive Vice President and General Counsel

View Full Filing

View this 8-K filing on SEC EDGAR