UPS Holds Shareowners’ Meeting, Elects Board Members

Staff Report

Friday, May 10th, 2019

Shareowners of UPS today elected a Board of Directors for a one-year term and ratified the appointment of Deloitte & Touche LLP as the company’s independent registered public accountants. Twelve directors stood for election to the Board, and all were elected.

In other matters, UPS shareowners voted to reject a proposal to prepare an annual report on lobbying activities and a proposal to reduce the voting power of class A stock from 10 votes per share to one vote per share. Shareowners also rejected a proposal to prepare a report to assess the integration of sustainability metrics into executive compensation.