VAALCO stockholders approve 5.25M share increase to equity plan, extending through 2036

Filed June 4, 2026 · Period ending June 4, 2026 · ~1 min read

Key Changes

• medium

  Stockholders approved Amendment No. 3 to the 2020 Long Term Incentive Plan, adding 5.25 million shares (bringing total to 20 million), revising share recycling rules, and extending the plan term by ten years through June 2036. The amendment received 86.7% support (47.9M for, 7.4M against, 754K abstain, 18.6M broker non-votes).

  Item 5.07 verify on EDGAR →
• low

  All five director nominees elected with support ranging from 90.7% to 97.7% of votes cast. Andrew Fawthrop (51.97M for, 4.07M withheld) and Fabrice Nze-Bekale (50.81M for, 5.23M withheld) received the highest withhold votes at 7.3% and 9.3% respectively.

  Item 5.07 verify on EDGAR →
• low

  Advisory say-on-pay vote passed with 97.3% support (53.86M for, 1.49M against, 693K abstain, 18.6M broker non-votes), indicating strong stockholder approval of executive compensation practices.

  Item 5.07 verify on EDGAR →