Ambac Financial Group Reports on Shareholder Vote

TL;DR

Ambac shareholders voted on key company matters on June 5th.

AI Summary

Ambac Financial Group, Inc. filed an 8-K on June 7, 2024, to report on matters submitted to a vote of its security holders on June 5, 2024. The filing details the company's corporate actions and decisions made during this shareholder meeting.

Why It Matters

This filing informs investors about key decisions made by Ambac's shareholders, which could impact the company's future direction and governance.

Risk Assessment

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

Key Players & Entities

• AMBAC FINANCIAL GROUP INC (company) — Registrant
• June 5, 2024 (date) — Date of earliest event reported
• June 7, 2024 (date) — Date of report
• One World Trade Center (location) — Principal executive offices address

FAQ

Key Financial Figures

• $0.01 — ich registered Common stock, par value $0.01 per share AMBC New York Stock Exchange

Filing Documents

• ambc-20240605.htm (8-K) — 74KB
• 0000874501-24-000141.txt ( ) — 224KB
• ambc-20240605.xsd (EX-101.SCH) — 2KB
• ambc-20240605_def.xml (EX-101.DEF) — 14KB
• ambc-20240605_lab.xml (EX-101.LAB) — 25KB
• ambc-20240605_pre.xml (EX-101.PRE) — 15KB
• ambc-20240605_htm.xml (XML) — 3KB

07 Submission of Matters to a Vote of Security Holders

Item 5.07 Submission of Matters to a Vote of Security Holders The Annual Meeting of Stockholders of Ambac Financial Group, Inc. (the "Company") was held on June 5, 2024 . Represented at the meeting were 38,482,876 shares, or approximately 85%, of the Company's 45,224,972 shares of common stock outstanding and entitled to vote at the meeting. Set forth below are the final voting results for the actions taken by the stockholders at the meeting. 1. The Company's stockholders elected the seven (7) director nominees named below to a term expiring at the 2025 annual meeting or until their successors are elected and qualified, with each receiving the following votes: Name Number of Votes For Number of Votes Against Number of Votes Abstained Broker Non-Votes Ian D. Haft 31,138,925 1,007,500 1,021,502 5,314,949 Lisa G. Iglesias 30,618,496 1,525,181 1,024,250 5,314,949 Joan Lamm-Tennant 30,010,908 2,136,611 1,020,408 5,314,949 Claude LeBlanc 31,134,257 1,146,165 887,505 5,314,949 Kristi A. Matus 31,140,610 1,006,697 1,020,620 5,314,949 Michael D. Price 31,195,386 950,863 1,021,678 5,314,949 Jeffrey S. Stein 30,055,335 2,229,249 883,343 5,314,949 2. The Company's stockholders approved, by advisory (non-binding vote), the compensation of our named executive officers, as disclosed in the Company's 2024 Proxy Statement, with the following vote: Number of Votes For Number of Votes Against Number of Votes Abstained Broker Non-Votes 30,622,833 1,655,765 889,329 5,314,949 3. The Company's stockholders ratified the selection of KPMG LLP as the independent registered public accounting firm for the fiscal year ending December 31, 2024 with the following vote: Number of Votes For Number of Votes Against Number of Votes Abstained 37,034,113 618,180 830,583 4. The Company's stockholders approved the Company's 2024 Incentive Compensation Plan with the following vote: Number of Votes For Number of Votes Against Number of Votes Abstained Broke

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. Ambac Financial Group, Inc. (Registrant) Dated: June 7, 2024 By: /s/ William J. White William J. White First Vice President, Secretary and Assistant General Counsel 2

View Full Filing

View this 8-K filing on SEC EDGAR