Yahoo! Acknowledges Tabulation Error by Broadridge
Business Wire
Posted: 2008-08-05 17:04:00
Yahoo! Inc. (Nasdaq:YHOO) was informed today by Corporate Election
Services, the inspector of elections for the Yahoo! annual meeting of
shareholders on August 1, 2008, that Corporate Election Services was
notified this morning by Broadridge Financial Solutions, Inc., an
independent voting intermediary that processes proxies on behalf of
banks, brokers and institutions, of errors made by Broadridge in
reporting votes at the meeting. Specifically, as Broadridge publicly
disclosed earlier today, when Broadridge reported voting results for “withholds”,
a truncation error occurred in reporting share numbers that exceeded
eight digits.
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The following table reflects the corrected Broadridge numbers:
|
|
|
|
Director
|
|
Shares For
|
|
% For
|
|
Shares Withheld
|
|
% Withheld
|
|
Roy J. Bostock
|
|
632,023,657
|
|
60.4%
|
|
414,071,927
|
|
39.6%
|
|
Ronald W. Burkle
|
|
649,373,291
|
|
62.1%
|
|
396,722,293
|
|
37.9%
|
|
Eric Hippeau
|
|
948,862,579
|
|
90.7%
|
|
97,233,005
|
|
9.3%
|
|
Vyomesh Joshi
|
|
971,594,650
|
|
92.9%
|
|
74,500,934
|
|
7.1%
|
|
Arthur H. Kern
|
|
714,871,925
|
|
68.3%
|
|
331,223,659
|
|
31.7%
|
|
Robert A. Kotick
|
|
967,044,818
|
|
92.4%
|
|
79,050,766
|
|
7.6%
|
|
Mary Agnes Wilderotter
|
|
964,939,727
|
|
92.2%
|
|
81,155,857
|
|
7.8%
|
|
Gary L. Wilson
|
|
756,006,576
|
|
72.3%
|
|
290,089,008
|
|
27.7%
|
|
Jerry Yang
|
|
693,055,602
|
|
66.3%
|
|
353,039,982
|
|
33.7%
|
|
|
|
The following table shows the original voting results certified by
the inspector of elections, as previously reported:
|
|
|
|
Director
|
|
Shares For
|
|
% For
|
|
Shares Withheld
|
|
% Withheld
|
|
Roy J. Bostock
|
|
832,023,657
|
|
79.5%
|
|
214,071,927
|
|
20.5%
|
|
Ronald W. Burkle
|
|
849,373,291
|
|
81.2%
|
|
196,722,293
|
|
18.8%
|
|
Eric Hippeau
|
|
948,862,579
|
|
90.7%
|
|
97,233,005
|
|
9.3%
|
|
Vyomesh Joshi
|
|
971,594,650
|
|
92.9%
|
|
74,500,934
|
|
7.1%
|
|
Arthur H. Kern
|
|
814,871,925
|
|
77.9%
|
|
231,223,659
|
|
22.1%
|
|
Robert A. Kotick
|
|
967,044,818
|
|
92.4%
|
|
79,050,766
|
|
7.6%
|
|
Mary Agnes Wilderotter
|
|
964,939,727
|
|
92.2%
|
|
81,155,857
|
|
7.8%
|
|
Gary L. Wilson
|
|
856,006,576
|
|
81.8%
|
|
190,089,008
|
|
18.2%
|
|
Jerry Yang
|
|
893,055,602
|
|
85.4%
|
|
153,039,982
|
|
14.6%
|
These errors did not affect the outcome of the election of directors. No
errors were reported with respect to the other proposals presented at
the annual meeting.
About Yahoo! Inc.
Yahoo! Inc. is a leading global Internet brand and one of the most
trafficked Internet destinations worldwide. Yahoo! is focused on
powering its communities of users, advertisers, publishers, and
developers by creating indispensable experiences built on trust. Yahoo!
is headquartered in Sunnyvale, California.
Yahoo! and the Yahoo! logos are trademarks and/or registered trademarks
of Yahoo! Inc. All other names are trademarks and/or registered
trademarks of their respective owners.
