{"id":765205,"date":"2023-06-21T16:03:05","date_gmt":"2023-06-21T20:03:05","guid":{"rendered":"https:\/\/www.marketnewsdesk.com\/index.php\/activision-blizzard-announces-results-of-annual-meeting\/"},"modified":"2023-06-21T16:03:05","modified_gmt":"2023-06-21T20:03:05","slug":"activision-blizzard-announces-results-of-annual-meeting","status":"publish","type":"post","link":"https:\/\/www.marketnewsdesk.com\/index.php\/activision-blizzard-announces-results-of-annual-meeting\/","title":{"rendered":"Activision Blizzard Announces Results of Annual Meeting"},"content":{"rendered":"<p>        <!--.bwalignc { text-align: center; list-style-position: inside }\n.bwlistdisc { list-style-type: disc }body {font:normal small Arial,Helvetica,sans-serif;color:#000;background-color:#fff;padding:24px;margin:0;} a img {border:0;} h3 {font-size:medium;color:#000;margin:0 0 1em 0; text-align:center;}-->  <\/p>\n<p class=\"bwalignc\">\n\u00a0<b>Activision Blizzard Announces Results of Annual Meeting<\/b><\/p>\n<p class=\"bwalignc\"><i>Shareholders approved all Board of Directors nominees and voted with company recommendations on all proposals<\/i><\/p>\n<p class=\"bwalignc\"><i>One proposal was withdrawn after company released its inaugural Transparency Report detailing actions taken to foster a diverse and inclusive workplace<\/i><\/p>\n<p>SANTA MONICA, Calif.&#8211;(<a href=\"http:\/\/www.businesswire.com\">BUSINESS WIRE<\/a>)&#8211;<br \/>\nActivision Blizzard, Inc. (NASDAQ: ATVI) today announced that it convened its 2023 Annual Meeting of Shareholders (the \u201cAnnual Meeting\u201d) as scheduled and considered and voted upon all items of business. The Annual Meeting was held virtually, and a total of 669,737,743 shares were represented in person or by proxy, constituting approximately 85% of the company\u2019s total issued and outstanding common shares as of the record date.<\/p>\n<p>\nShareholders voted on all proposals in alignment with the company&#8217;s recommendations from the <a rel=\"nofollow\" href=\"https:\/\/cts.businesswire.com\/ct\/CT?id=smartlink&amp;url=https%3A%2F%2Finvestor.activision.com%2Fstatic-files%2F2cdc085d-1238-4e4e-ad37-3b589c67b8d2&amp;esheet=53427735&amp;newsitemid=20230621376912&amp;lan=en-US&amp;anchor=2023+Proxy+Statement&amp;index=1&amp;md5=61dd9c002fe069d5b31f347c99c18256\">2023 Proxy Statement<\/a>:<\/p>\n<ul class=\"bwlistdisc\">\n<li>\nThe Chairman and all other director nominees were reelected for a term of one year by an average of approximately 96% of the voting shares.<\/p>\n<\/li>\n<li>\nApproximately 95% of the voting shares approved the advisory vote on executive compensation.<\/p>\n<\/li>\n<li>\nApproximately 99% of the voting shares approved a frequency of one year for future advisory votes on executive compensation.<\/p>\n<\/li>\n<li>\nApproximately 96% of the voting shares ratified the appointment of PwC as the company\u2019s independent registered public accounting firm.<\/p>\n<\/li>\n<li>\nShareholders did not approve the non-binding Shareholder Proposal 5 regarding ratification of termination pay or the non-binding Shareholder Proposal 6 regarding adoption of a freedom of association and collective bargaining policy.<\/p>\n<\/li>\n<\/ul>\n<p>\nShareholder Proposal 7, which requested the preparation of a report about the company\u2019s workplace data, was withdrawn by the New York State Common Retirement Fund and was not presented at the meeting. The proposal was withdrawn by the shareholder following the release of Activision Blizzard\u2019s inaugural <a rel=\"nofollow\" href=\"https:\/\/cts.businesswire.com\/ct\/CT?id=smartlink&amp;url=https%3A%2F%2Finvestor.activision.com%2Fstatic-files%2Fe013e1b1-4e03-403b-8819-e606bbe62316&amp;esheet=53427735&amp;newsitemid=20230621376912&amp;lan=en-US&amp;anchor=Transparency+Report&amp;index=2&amp;md5=87455edaeb4c7d86ee6a814fa15e3934\">Transparency Report<\/a>.<\/p>\n<p>\nActivision Blizzard\u2019s <a rel=\"nofollow\" href=\"https:\/\/cts.businesswire.com\/ct\/CT?id=smartlink&amp;url=https%3A%2F%2Finvestor.activision.com%2Fstatic-files%2Fe013e1b1-4e03-403b-8819-e606bbe62316&amp;esheet=53427735&amp;newsitemid=20230621376912&amp;lan=en-US&amp;anchor=Transparency+Report&amp;index=3&amp;md5=ea6747cbfd5cf986c01d171c8275463f\">Transparency Report<\/a> is one of the most comprehensive reports of its kind released by a Fortune 500 company. It outlines initiatives and measurable results in the company\u2019s continuous efforts to champion employees, expand employee benefits, support the community, and foster the industry\u2019s most welcoming and inclusive workplace. It also shares detailed data on the company\u2019s world-class Ethics and Compliance function.<\/p>\n<p>\nThe report details many other steps taken by the company in continued support of its employees and communities, including:<\/p>\n<ul class=\"bwlistdisc\">\n<li>\nImplementing company-wide zero tolerance practices for misconduct, with corrective actions taken for 100% of substantiated cases of misconduct involving employee respondents in 2022.<\/p>\n<\/li>\n<li>\nIncreasing the combined percentage of women and non-binary employees in our global workforce from 24% as of November 2021 to 26% as of November 2022, with an increase in representation across all business units.<\/p>\n<\/li>\n<li>\nAccelerating opportunities for diverse talent by investing approximately $19 million to launch Level Up U, a three-month training program for engineers starting out in the gaming industry.<\/p>\n<\/li>\n<li>\nContinuing to promote pay equity and transparency by publishing the results of independent Global Pay Equity Reviews for the last two years, showing that globally, in both years, employees who are women, non-binary people, or who self-reported as something else earned on average $1.00 for every $1.00 earned by men for comparable work.<\/p>\n<\/li>\n<li>\nContinuing to grow the Way2Play Heroes program which empowers diverse leaders among the employee population to support and champion their peers as Ethics Ambassadors, while providing feedback on how to strengthen our Ethics and Compliance program.<\/p>\n<\/li>\n<li>\nPlacing nearly 16,000 veterans in high-quality jobs in 2022, with nearly 114,000 total placements since 2009.<\/p>\n<\/li>\n<\/ul>\n<p>\n\u201cWe appreciate the productive dialogue with our shareholders about our policies, Transparency Report, and ongoing commitment to foster the most welcoming and inclusive workplace in our industry,\u201d said Bobby Kotick, chief executive officer of Activision Blizzard. \u201cBy sharing an unfiltered view of the company, I believe we have established a new disclosure precedent not just for our company, but for all other organizations committed to workplace excellence. Maintaining a culture where each employee is respected, valued, and heard is our top priority, and we\u2019re grateful to have the support of our shareholders in these efforts.\u201d<\/p>\n<p>\nIn addition to serving its employees, Activision Blizzard remains focused on delivering outsized value to shareholders while delighting hundreds of millions of players around the world.<\/p>\n<p>\nThe company has delivered strong operating performance for decades, growing its market capitalization by over 600000% and delivering a cumulative total return more than three times that of the S&amp;P500 over the last 32 years.<\/p>\n<p>\nThe complete results of the Annual Meeting will be reported in a Form 8-K to be filed with the U.S. Securities and Exchange Commission in the coming days, after certification of the results by Activision Blizzard\u2019s Inspector of Election.<\/p>\n<p>\nAbout Activision Blizzard<\/p>\n<p>\nOur mission to connect and engage the world through epic entertainment has never been more important. We bring hundreds of millions of people joy, thrill, and achievement. We enable social connections through fun, and we foster purpose and a sense of accomplishment through healthy competition. Like sport, but with greater accessibility, our players can find purpose and meaning through competitive gaming. Video games, unlike any other social or entertainment media, have the ability to break down the barriers that can inhibit tolerance and understanding. Celebrating differences is at the core of our culture and ensures we can create games for players of diverse backgrounds in the 190 countries our games are played.<\/p>\n<p>\nAs a member of the Fortune 500 and as a component company of the S&amp;P 500, we have an extraordinary track record of delivering superior shareholder returns for over 30 years. Our sustained success has enabled the company to support corporate social responsibility initiatives that are directly tied to our games. As an example, our Call of Duty Endowment has helped find employment for over 100,000 veterans.<\/p>\n<p>\nLearn more information about Activision Blizzard and how we connect and engage the world through epic entertainment on the company\u2019s website, <a rel=\"nofollow\" href=\"https:\/\/cts.businesswire.com\/ct\/CT?id=smartlink&amp;url=http%3A%2F%2Fwww.activisionblizzard.com&amp;esheet=53427735&amp;newsitemid=20230621376912&amp;lan=en-US&amp;anchor=www.activisionblizzard.com&amp;index=4&amp;md5=53be20a09f35ba78302b4a5ebc6c5230\">www.activisionblizzard.com<\/a>.<\/p>\n<p>\nCautionary Note Regarding Forward-Looking Statements<\/p>\n<p>\nThis press release may contain forward-looking statements within the meaning of The Private Securities Litigation Reform Act of 1995. We may, in some cases, use terms such as \u201cpredicts,\u201d \u201cbelieves,\u201d \u201cpotential,\u201d \u201cproposed,\u201d \u201ccontinue,\u201d \u201cestimates,\u201d \u201canticipates,\u201d \u201cexpects,\u201d \u201cplans,\u201d \u201cintends,\u201d \u201cmay,\u201d \u201ccould,\u201d \u201cmight,\u201d \u201cwill,\u201d \u201cshould\u201d or other words that convey uncertainty of future events or outcomes to identify these forward-looking statements. Such statements are subject to numerous important factors, risks and uncertainties that may cause actual events or results to differ materially from the Company\u2019s current expectations. These and other risks are described in the Company\u2019s periodic reports, including the annual report on Form 10-K, quarterly reports on Form 10-Q and current reports on Form 8-K, filed with or furnished to the Securities and Exchange Commission and available at <a rel=\"nofollow\" href=\"https:\/\/cts.businesswire.com\/ct\/CT?id=smartlink&amp;url=http%3A%2F%2Fwww.sec.gov&amp;esheet=53427735&amp;newsitemid=20230621376912&amp;lan=en-US&amp;anchor=www.sec.gov&amp;index=5&amp;md5=e58dc2acab49f182ec31469d1470d668\">www.sec.gov<\/a>. Any forward-looking statements that the Company makes in this press release speak only as of the date of this press release. The Company assumes no obligation to update forward-looking statements whether as a result of new information, future events or otherwise, after the date of this press release.<\/p>\n<p><img decoding=\"async\" alt=\"\" src=\"https:\/\/cts.businesswire.com\/ct\/CT?id=bwnews&amp;sty=20230621376912r1&amp;sid=flmnd&amp;distro=nx&amp;lang=en\" style=\"width:0;height:0\" \/><span class=\"bwct31415\" \/><\/p>\n<p id=\"mmgallerylink\"><span id=\"mmgallerylink-phrase\">View source version on businesswire.com: <\/span><span id=\"mmgallerylink-link\"><a href=\"https:\/\/www.businesswire.com\/news\/home\/20230621376912\/en\/\" rel=\"nofollow\">https:\/\/www.businesswire.com\/news\/home\/20230621376912\/en\/<\/a><\/span><\/p>\n<p><a rel=\"nofollow\" href=\"mailto:pr@activisionblizzard.com\">pr@activisionblizzard.com<\/a><\/p>\n<p><b>KEYWORDS:<\/b> United States North America California<\/p>\n<p><b>INDUSTRY KEYWORDS:<\/b> Entertainment Consumer Electronics Other Entertainment Technology Software Electronic Games Hardware<\/p>\n<p><b>MEDIA:<\/b><\/p>\n<table cellpadding=\"3\" cellspacing=\"3\" \/>\n","protected":false},"excerpt":{"rendered":"<p>\u00a0Activision Blizzard Announces Results of Annual Meeting Shareholders approved all Board of Directors nominees and voted with company recommendations on all proposals One proposal was withdrawn after company released its inaugural Transparency Report detailing actions taken to foster a diverse and inclusive workplace SANTA MONICA, Calif.&#8211;(BUSINESS WIRE)&#8211; Activision Blizzard, Inc. (NASDAQ: ATVI) today announced that it convened its 2023 Annual Meeting of Shareholders (the \u201cAnnual Meeting\u201d) as scheduled and considered and voted upon all items of business. The Annual Meeting was held virtually, and a total of 669,737,743 shares were represented in person or by proxy, constituting approximately 85% of the company\u2019s total issued and outstanding common shares as of the record date. Shareholders voted on all proposals in alignment &hellip; <\/p>\n<p class=\"link-more\"><a href=\"https:\/\/www.marketnewsdesk.com\/index.php\/activision-blizzard-announces-results-of-annual-meeting\/\" class=\"more-link\">Continue reading<span class=\"screen-reader-text\"> &#8220;Activision Blizzard Announces Results of Annual Meeting&#8221;<\/span><\/a><\/p>\n","protected":false},"author":2,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[],"tags":[],"class_list":["post-765205","post","type-post","status-publish","format-standard","hentry"],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v27.4 - https:\/\/yoast.com\/product\/yoast-seo-wordpress\/ -->\n<title>Activision Blizzard Announces Results of Annual Meeting - Market Newsdesk<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/www.marketnewsdesk.com\/index.php\/activision-blizzard-announces-results-of-annual-meeting\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Activision Blizzard Announces Results of Annual Meeting - Market Newsdesk\" \/>\n<meta property=\"og:description\" content=\"\u00a0Activision Blizzard Announces Results of Annual Meeting Shareholders approved all Board of Directors nominees and voted with company recommendations on all proposals One proposal was withdrawn after company released its inaugural Transparency Report detailing actions taken to foster a diverse and inclusive workplace SANTA MONICA, Calif.&#8211;(BUSINESS WIRE)&#8211; Activision Blizzard, Inc. (NASDAQ: ATVI) today announced that it convened its 2023 Annual Meeting of Shareholders (the \u201cAnnual Meeting\u201d) as scheduled and considered and voted upon all items of business. The Annual Meeting was held virtually, and a total of 669,737,743 shares were represented in person or by proxy, constituting approximately 85% of the company\u2019s total issued and outstanding common shares as of the record date. 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(NASDAQ: ATVI) today announced that it convened its 2023 Annual Meeting of Shareholders (the \u201cAnnual Meeting\u201d) as scheduled and considered and voted upon all items of business. The Annual Meeting was held virtually, and a total of 669,737,743 shares were represented in person or by proxy, constituting approximately 85% of the company\u2019s total issued and outstanding common shares as of the record date. 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