If you submit your proxy and voting instructions via the internet, please do not mail your proxy card. The
proxies will vote your shares of our common stock at the annual meeting as instructed, if applicable, by the latest dated proxy received from you, whether submitted via the internet or by mail. You may also vote in person at the annual meeting.
For a discussion of the treatment of a properly completed, signed and dated proxy card without voting instructions on any or all of the proposals,
please see the question below titled
What happens if I dont submit voting instructions for a proposal? What is discretionary voting? What is a broker
non-vote?
Beneficial Owners
If your shares of our common stock
are held in a stock brokerage account by a bank, broker, trustee, or other nominee, you are considered the beneficial owner of shares held in street name and these proxy materials are being forwarded to you by your bank, broker, trustee or other
nominee that is considered the stockholder of record of those shares. As the beneficial owner, you have the right to direct your bank, broker, trustee or other nominee on how to vote your shares of our common stock via the internet or by telephone
if the bank, broker, trustee or other nominee offers these options or by completing, dating, signing and returning a voting instruction form. Your bank, broker, trustee or other nominee will send you instructions on how to submit your voting
instructions for your shares of our common stock. For a discussion of the rules regarding the voting of shares held by beneficial owners, please see the question below titled
What happens if I dont submit voting instructions for a
proposal? What is discretionary voting? What is a broker
non-vote?
Participants in our Employee
Capital Accumulation Program
If you hold shares of our common stock through our ECAP, which is the companys
tax-qualified
defined contribution plan, you may only submit your voting instructions for your shares of our common stock by mail. Accordingly, please complete, date and sign your voting instruction form and
return it in the postage-paid envelope provided to you.
What happens if I dont submit voting instructions for a proposal? What
is discretionary voting? What is a broker
non-vote?
If you properly complete, date, sign and return a proxy
or voting instruction form, your shares of our common stock will be voted as you specify. If you are a stockholder of record and you make no specifications on the proxy card that you sign and return, your shares of our common stock will be voted in
accordance with the recommendations of the board, as provided above.
If you are a beneficial owner and you do not provide voting instructions to your
bank, broker, trustee or other nominee holding shares of our common stock for you, your shares of our common stock will not be voted with respect to any proposal for which the stockholder of record does not have discretionary authority to vote.
Rules of the NYSE determine whether proposals presented at stockholder meetings are discretionary or
non-discretionary.
If a proposal is determined to be discretionary, your bank,
broker, trustee or other nominee is permitted under NYSE rules to vote on the proposal without receiving voting instructions from you. If a proposal is determined to be
non-discretionary,
your bank, broker,
trustee or other nominee is not permitted under NYSE rules to vote on the proposal without receiving voting instructions from you. A broker
non-vote
occurs when a bank, broker, trustee or other
nominee holding shares for a beneficial owner returns a valid proxy, but does not vote on a particular proposal because it does not have discretionary authority to vote on the matter and has not received voting instructions from the stockholder for
whom it is holding shares.
Under the rules of the NYSE, the proposal relating to the ratification of the appointment of our independent registered
public accounting firm is a discretionary proposal. Accordingly, if you are a beneficial owner and you do not provide voting instructions on this proposal to your bank, broker, trustee or other nominee holding shares for you, your shares may still
be voted with respect to the ratification of the appointment of our independent registered public accounting firm.
Under the rules of the NYSE, the
proposals relating to election of directors and the compensation of our named executive officers are
non-discretionary
proposals. Accordingly, if you are a beneficial owner and you do not provide voting
instructions on these proposals to your bank, broker, trustee or other nominee holding shares for you, your shares will not be voted with respect to those proposals. Without your voting instructions, a broker
non-vote
will occur with respect to your shares on each
non-discretionary
proposal for which you have not provided voting instructions, if the shares are voted on any
other proposal.
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Freeport-McMoRan
|
2018 Proxy
Statement