Item 5.07 Submission of Matters to a Vote of Security Holders.
Energy Recovery, Inc. (the "Company") held its 2024 Annual Meeting of Stockholders (the "Annual Meeting") on June 6, 2024, to (i) elect six (6) members of its Board of Directors (the "Board"), (ii) approve, on a non-binding advisory basis, the compensation of the Company's named executive officers for 2023, and (iii) ratify the appointment of Deloitte & Touche LLP as the Company's independent registered public accounting firm for the year ending December 31, 2024.
As of April 8, 2024, the record date for the Annual Meeting, there were 57,329,402 shares of common stock outstanding and entitled to vote. At the Annual Meeting, 49,669,876 shares of common stock, or approximately 86.6% of the shares outstanding as of the record date, were represented in person or by proxy, constituting a quorum.
The final results for the proposals voted on at the Annual Meeting are set forth below:
Proposal 1 - Election of Directors
The stockholders elected six (6) Directors of the Board to serve for a one-year term until the Company's 2025 Annual Meeting of Stockholders or a respective successor is elected and qualified or until the director's earlier death, resignation, or removal. The following table shows the results of the stockholders' vote:
| Nominee for Director | Votes For (% of Voted) | Votes Withheld (% of Voted) | Broker Non-Votes |
| Alexander J. Buehler | 42,148,623 (95.4%) | 2,034,457 (4.6%) | 5,486,796 |
| Joan K. Chow | 42,820,532 (96.9%) | 1,362,548 (3.1%) | 5,486,796 |
| Arve Hanstveit | 37,186,295 (84.2%) | 6,996,785 (15.8%) | 5,486,796 |
| David W. Moon | 43,992,723 (99.6%) | 190,357 (0.4%) | 5,486,796 |
| Colin R. Sabol | 43,523,348 (98.5%) | 659,732 (1.5%) | 5,486,796 |
| Pamela L. Tondreau | 38,583,822 (87.3%) | 5,599,258 (12.7%) | 5,486,796 |
Proposal 2 - Non-Binding Advisory Vote on Executive Compensation.
This proposal was approved. The following table shows the results of the stockholders' vote:
| Votes For (% of Voted) | Votes Against (% of Voted) | Abstentions (% of Voted) | Broker Non-Votes |
| 39,472,826 (89.3%) | 4,589,890 (10.4%) | 120,364 (0.3%) | 5,486,796 |
Proposal 3 - Ratification of the appointment of Deloitte & Touche LLP as the Company's independent registered public accounting firm for the year ending December 31, 2024.
This proposal was approved. The following table shows the results of the stockholders' vote:
| Votes For (% of Voted) | Votes Against (% of Voted) | Abstentions (% of Voted) |
| 49,038,538 (98.7%) | 45,461 (0.1%) | 585,877 (1.2%) |
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ERI - Energy Recovery Inc. published this content on 10 June 2024 and is solely responsible for the information contained therein. Distributed by Public, unedited and unaltered, on 10 June 2024 20:06:51 UTC.
