AIG Announces Voting Results of Annual Meeting
May 12, 2010 06:48 PM Eastern Daylight Time
NEW YORK--(EON: Enhanced Online News)--Shareholders of American International Group, Inc. (AIG) today
elected thirteen directors at the company’s annual meeting of shareholders, eleven by the vote of the common and
Series C Preferred shareholders voting together, and two nominated and elected by the U.S. Department of the
Treasury, as holder of the AIG Series E and Series F Preferred Stock. The shareholders voted to support each of
the three proposals submitted by AIG, and, as the AIG Board recommended, shareholders withheld support for the
three shareholder proposals submitted for consideration. Nominees to the Board were elected with shares in favor of
98 percent or more. The results were as follows:
(a) Elected thirteen directors as follows:
(b) Approved by a vote of 594,292,296 shares for and 12,472,086 shares against, with 1,157,085 shares
abstaining, a non-binding shareholder resolution to approve executive compensation.
(c) Approved by a vote of 555,366,838 shares for and 12,557,940 shares against, with 479,033 shares abstaining,
the American International Group, Inc. 2010 Stock Incentive Plan.
(d) Approved by a vote of 605,531,573 shares for and 1,738,775 shares against, with 651,119 shares abstaining, a
proposal to ratify the selection of PricewaterhouseCoopers LLP as AIG’s independent registered public accounting
firm for 2010.
(e) Rejected by a vote of 7,355,489 shares for and 560,432,827 shares against, with 615,495 shares abstaining, a
shareholder proposal relating to the adoption of cumulative voting.
(f) Rejected by a vote of 6,117,562 shares for and 561,550,340 shares against, with 735,909 shares abstaining, a
shareholder proposal relating to executive compensation retention upon termination of employment.
(g) Rejected by a vote of 2,880,277 shares for and 562,913,535 shares against, with 2,609,999 shares abstaining, a
shareholder proposal relating to a shar