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Karat Packaging (KRT)

Employees
Data from SEC filings
Employee count
Shareholder alignment
Proxy contests and exempt solicitations in last 3 years

No recent proxy contest or exempt solicitation filings from shareholders.

Vote support at last AGM


The following matters were voted upon at the 2022 Annual Meeting of Stockholders of Karat Packaging Inc. (the “Company”) held on June 23, 2022 (the “Annual Meeting”). Each stockholder of common stock was entitled to one vote per share on each of the five director nominees and on each other matter properly presented at the Annual Meeting.


Proposal 1 – Election of five directors, each serving for a term expiring at the next annual meeting or until their successors are duly elected and qualified.


NomineeVotes ForAbstainBroker Non-Votes
Alan Yu10,936,10062,425453,996
Joanne Wang10,853,140145,385453,996
Eric Chen10,952,25446,271453,996
Paul Y. Chen10,952,28946,236453,996
Eve Yen10,952,38646,139453,996



Proposal 2 – Ratification of the appointment of BDO USA, LLP as the Company’s independent registered public accounting firm for the fiscal year ending December 31, 2022.


Votes ForVotes AgainstAbstainBroker Non-Votes
11,442,35010,15615N/A



Proposal 3 – Advisory approval of the Company's executive compensation ("Say on Pay").


Votes ForVotes AgainstAbstainBroker Non-Votes
10,974,17820,0454,302453,996



Proposal 4 – Advisory approval of the frequency of the future of Say on Pay votes.


One YearTwo YearsThree YearsAbstainBroker Non-Votes
10,953,8814,59738,7241,323453,996



The Company has considered the outcome of this advisory vote and has determined, as was recommended by the Company's Board of Directors in the Proxy Statement, that the Company will hold an advisory vote every year on the Company's executive compensation until the next required frequency vote.




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