Estee Lauder Files 8-K on Officer Changes and Shareholder Votes

Ticker: EL · Form: 8-K · Filed: 2024-11-13T00:00:00.000Z

Sentiment: neutral

Topics: corporate-governance, officer-changes, shareholder-matters

TL;DR

Estee Lauder 8-K: Leadership changes, officer appointments, and shareholder votes filed Nov 8.

AI Summary

The Estée Lauder Companies Inc. filed an 8-K on November 8, 2024, reporting on the departure of directors or certain officers, the election of directors, the appointment of certain officers, and compensatory arrangements. The filing also covers the submission of matters to a vote of security holders and financial statements and exhibits.

Why It Matters

This filing provides crucial updates on the company's leadership and governance, which can impact investor confidence and strategic direction.

Risk Assessment

Risk Level: low — This is a routine corporate filing detailing standard governance and personnel matters.

Key Numbers

Key Players & Entities

FAQ

What specific officer positions were affected by the changes reported in this 8-K?

The filing indicates changes related to 'Departure of Directors or Certain Officers' and 'Appointment of Certain Officers', but does not specify the exact positions in the provided text.

Were there any significant compensatory arrangements for officers detailed in this filing?

The filing mentions 'Compensatory Arrangements of Certain Officers' as a reported item, but the specific details of these arrangements are not included in the provided excerpt.

What matters were submitted to a vote of security holders?

The filing states that 'Submission of Matters to a Vote of Security Holders' is an item reported, but the specific matters are not detailed in the provided text.

Are the financial statements and exhibits filed with this 8-K publicly available?

Yes, the filing indicates 'Financial Statements and Exhibits' were submitted, and these are part of the public record with the SEC.

What is the primary business of The Estée Lauder Companies Inc. according to the filing?

The Standard Industrial Classification code provided is [2844], which corresponds to 'PERFUMES, COSMETICS & OTHER TOILET PREPARATIONS'.

Filing Stats: 1,042 words · 4 min read · ~3 pages · Grade level 11.5 · Accepted 2024-11-13 16:02:05

Filing Documents

07 Submission of Matters to a Vote of Security Holders

Item 5.07 Submission of Matters to a Vote of Security Holders. The Company held its Annual Meeting of Stockholders on November 8, 2024. Each share of the Company's Class A Common Stock was entitled to one vote per share, and each share of the Company's Class B Common Stock was entitled to ten votes per share. The matters voted upon and the results of the combined votes of Class A Common Stock and Class B Common Stock are set forth below. Proposal One: Election of Directors. Stockholders elected each of the following nominees as Class I directors to hold office for a term of three years until the 2027 Annual Meeting and until his or her successor is elected and qualified. Nominee Votes For Votes Withheld Broker Non-Votes Paul J. Fribourg 1,383,502,094 33,391,977 21,104,887 Jennifer Hyman 1,321,469,766 95,424,305 21,104,887 Arturo Nuez 1,407,330,107 9,563,964 21,104,887 Barry S. Sternlicht 1,306,484,026 110,410,045 21,104,887 The continuing Class II Directors are Ronald S. Lauder, William P. Lauder, Richard D. Parsons, Lynn Forester de Rothschild, Jennifer Tejada, and Richard F. Zannino. The continuing Class III Directors are Charlene Barshefsky, Angela Wei Dong, Fabrizio Freda, Gary M. Lauder, and Jane Lauder. 2 Proposal Two: Ratification of Appointment of Independent Auditors . Stockholders approved the ratification of the appointment of PricewaterhouseCoopers LLP as the Company's independent auditors for the fiscal year ending June 30, 2025. Votes For Votes Against Abstentions Broker Non-Votes 1,437,245,506 316,509 436,943 — Proposal Three: Advisory Vote to Approve Executive Compensation. Stockholders approved a resolution approving, on an advisory basis, the compensation paid to the Company's named executive officers. Votes For Votes Against Abstentions Broker Non-Votes 1,318,895,954 97,539,821 458,296 21,104,887 Proposal Four: Approval of The Este Lauder Companies Inc. Amended and Restated Fiscal 2002 Share Incentive Plan. As n

01 Financial Statements and Exhibits

Item 9.01 Financial Statements and Exhibits (d) Exhibits. See Exhibit Index below, incorporated herein by reference. Exhibit Index Exhibit No. Description 10.1 The Este Lauder Companies Inc. Amended and Restated Fiscal 2002 Share Incentive Plan* 104 Cover Page Interactive Data File (embedded within the Inline XBRL document). *Exhibit is a management contract or compensatory plan or arrangement. 3

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. THE ESTE LAUDER COMPANIES INC. Date: November 13, 2024 By: /s/ Spencer G. Smul Spencer G. Smul Senior Vice President, Deputy General Counsel and Secretary 4

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