The Annual Meeting of Shareholders of OGE Energy Corp. will be held virtually via the internet at 10 a.m. CDT, Thursday, May 21, 2020. Details on how to access the meeting are included in the proxy materials made available to each shareholder.
Members are encouraged to vote their shares prior to the annual meeting by the applicable deadline for voting. This deadline varies by a few days depending on where the shares are held.
For members that hold shares in the OGE Energy Corp. Retirement Savings Plan (401(k)), administered by Fidelity Investments, the deadline for voting prior to the annual meeting is Monday, May 18.
For shares held in a brokerage firm or other type of account, the deadline may be earlier or later. For example, for shares held by Fidelity brokerage accounts, the deadline for voting, prior to the annual meeting, is Wednesday, May 20.
The items for this year’s annual meeting include:
1.Elect 10 members of the board of directors
2.Ratify the appointment of Ernst & Young LLP as the company’s principal independent accountants for 2020.
3.Hold an advisory vote to approve named executive officer compensation.
4.Amendment of the restated certificate of incorporation to eliminate supermajority voting provisions.
5.Shareholder proposal regarding allowing shareholders to act by written consent.
6.Attend to any other business properly presented at this meeting.
The board of directors recommends a vote to elect 10 members of the board of directors in proposal (1); FOR proposal (2); FOR proposal (3); FOR proposal (4); and AGAINST proposal (5).
Most company members are shareholders through benefit plans like the Retirement Savings Plan (401(k)), and therefore as shareholders are entitled to vote.