UNITED STATES

SECURITIES AND EXCHANGE COMMISSION

Washington, D.C. 20549

 

 

FORM 8-K

 

 

CURRENT REPORT

Pursuant to Section 13 or 15(d)

of the Securities Exchange Act of 1934

Date of Report (Date of earliest event reported): May 24, 2017

 

 

LYONDELLBASELL INDUSTRIES N.V.

(Exact Name of Registrant as Specified in Charter)

 

 

 

The Netherlands   001-34726   98-0646235

(State or Other Jurisdiction

of Incorporation)

 

(Commission

File Number)

 

(IRS Employer

Identification No.)

1221 McKinney St.

Suite 300

Houston, Texas

USA 77010

 

4th Floor, One Vine Street

London

W1J0AH

The United Kingdom

 

Delftseplein 27E

3013 AA Rotterdam

The Netherlands

(Addresses of principal executive offices)
(713) 309-7200   +44 (0)207 220 2600   +31 (0)10 275 5500
(Registrant’s telephone numbers, including area codes)

 

(Former Name or Former Address, if Changed Since Last Report)

 

 

Check the appropriate box below if the Form 8-K filing is intended to simultaneously satisfy the filing obligation of the registrant under any of the following provisions:

 

Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425)

 

Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12)

 

Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b))

 

Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c))

Indicate by check mark whether the registrant is an emerging growth company as defined in Rule 405 of the Securities Act of 1933 (§230.405 of this chapter) or Rule 12b-2 of the Securities Exchange Act of 1934 (§240.12b-2 of this chapter).

Emerging growth company  ☐

If an emerging growth company, indicate by check mark if the registrant has elected not to use the extended transition period for complying with any new or revised financial accounting standards provided pursuant to Section 13(a) of the Exchange Act.  ☐

 

 

 


Item 5.07 Submission of Matters to a Vote of Security Holders.

LyondellBasell Industries N.V. (the “Company”) held its Annual General Meeting of Shareholders on May 24, 2017. Shareholders voted on and approved each of the matters set forth below.

Proposal 1

The election of eleven directors to serve as members of the Supervisory Board until the annual meeting of shareholders in 2018 was approved based on the following votes:

 

     FOR      AGAINST      WITHHOLD      BROKER NON-
VOTES
 

Robert G. Gwin

     337,899,398        4,333,013        2,510,448        13,445,039  

Jacques Aigrain

     343,460,303        771,483        511,073        13,445,039  

Lincoln Benet

     343,923,332        694,364        125,163        13,445,039  

Jagjeet S. Bindra

     343,802,456        138,425        801,978        13,445,039  

Robin Buchanan

     342,982,427        1,253,628        506,804        13,445,039  

Stephen F. Cooper

     343,064,180        1,552,267        126,412        13,445,039  

Nance K. Dicciani

     343,281,333        1,289,518        172,008        13,445,039  

Claire S. Farley

     344,500,369        114,871        127,619        13,445,039  

Isabella D. Goren

     343,605,306        626,318        511,235        13,445,039  

Bruce A. Smith

     343,569,014        954,022        219,823        13,445,039  

Rudy van der Meer

     343,131,482        1,486,246        125,131        13,445,039  

Proposal 2

The adoption of the Company’s Dutch statutory annual accounts, as prepared in accordance with Dutch law, for the year ended December 31, 2016 was approved based on the following votes:

 

FOR

  

AGAINST

  

ABSTAIN

356,617,361

   99,643    1,470,894


Proposal 3

The discharge from liability of members of the Management Board was approved based on the following votes:

 

FOR

  

AGAINST

  

ABSTAIN

  

BROKER NON-VOTES

342,571,736

   917,609    1,253,514    13,445,039

Proposal 4

The discharge from liability of members of the Supervisory Board was approved based on the following votes:

 

FOR

  

AGAINST

  

ABSTAIN

  

BROKER NON-VOTES

342,552,204

   935,820    1,254,835    13,445,039

Proposal 5

The appointment of PricewaterhouseCoopers N.V. as auditors who will audit the Dutch statutory annual accounts was approved based on the following votes:

 

FOR

  

AGAINST

  

ABSTAIN

354,801,096

   3,253,603    133,199

Proposal 6

The ratification of the Company’s selection of PricewaterhouseCoopers LLP as independent registered public accountants was approved based on the following votes:

 

FOR

  

AGAINST

  

ABSTAIN

354,804,064

   3,255,030    128,804

Proposal 7

The ratification and approval of the dividends declared by the Management Board, acting with the approval of the Supervisory Board, in respect of the 2016 fiscal year was approved based on the following votes:

 

FOR

  

AGAINST

  

ABSTAIN

357,674,623

   55,116    458,159


Proposal 8

An advisory resolution on executive compensation was approved based on the following votes:

 

FOR

  

AGAINST

  

ABSTAIN

  

BROKER NON-VOTES

329,855,953

   14,124,397    762,509    13,445,039

Proposal 9

An advisory resolution on the frequency of shareholder votes on say-on-pay. A majority of shareholders voted for “1 Year”:

 

1 YEAR

  

2 YEARS

  

3 YEARS

  

ABSTAIN

  

BROKER NON-VOTES

319,217,450

   149,503    25,221,161    154,745    13,445,039

Based on these results, the Supervisory Board has determined that the Company will continue to hold an advisory vote on executive compensation every year.

Proposal 10

The approval of the authority of the Management Board, acting with the approval of the Supervisory Board, to repurchase up to 10% of the Company’s shares was approved based on the following votes:

 

FOR

  

AGAINST

  

ABSTAIN

355,490,824

   1,572,359    1,124,715

Proposal 11

The re-approval of the Long-Term Incentive Plan for purposes of Section 162(m) was approved based on the following votes:

 

FOR

  

AGAINST

  

ABSTAIN

  

BROKER NON-VOTES

337,737,433

   6,784,449    220,977    13,445,039


SIGNATURES

Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has caused this report to be signed on its behalf by the undersigned, hereunto duly authorized.

 

    LYONDELLBASELL INDUSTRIES N.V.
Date: May 31, 2017     By:  

/s/ Jeffrey A. Kaplan

              Jeffrey A. Kaplan
              Executive Vice President