Item 5.07 Submission of Matters to a Vote of Security Holders.
Alexandria Real Estate Equities, Inc., a Maryland corporation (“Alexandria” or the "Company"), held its 2023 Annual Meeting of Stockholders (the “2023 Annual Meeting”) on May 16, 2023. At the 2023 Annual Meeting, there were present in person or by proxy 157,477,871 shares of Alexandria’s common stock, representing stockholders entitled to cast approximately 91% of the total outstanding eligible votes and constituting a quorum. Set forth below are the voting results for the four proposals considered and voted upon at the 2023 Annual Meeting, all of which proposals were described in the 2023 Proxy Statement.
1. Election of Directors
Alexandria’s stockholders elected, by the votes indicated below, seven persons to serve as directors of Alexandria until its 2024 Annual Meeting of Stockholders and until their successors are duly elected and qualify. The following table sets forth the results of the voting with respect to each candidate: | | | | | | | | | | | | | | | | | | | | | | | | | | |
| Director | | For | | Against | | Abstained | | Broker Non-Vote (1) |
| Joel S. Marcus | | 135,770,242 | | 18,391,727 | | 31,295 | | 3,284,607 |
| Steven R. Hash | | 142,252,589 | | 11,909,596 | | 31,079 | | 3,284,607 |
| James P. Cain | | 97,899,089 | | 56,255,820 | | 38,355 | | 3,284,607 |
| Cynthia L. Feldmann | | 140,855,061 | | 13,308,771 | | 29,432 | | 3,284,607 |
| Maria C. Freire, Ph.D. | | 103,805,760 | | 50,350,668 | | 36,836 | | 3,284,607 |
| Richard H. Klein | | 143,527,328 | | 10,631,115 | | 34,821 | | 3,284,607 |
| Michael A. Woronoff | | 103,182,123 | | 50,973,347 | | 37,794 | | 3,284,607 |
(1) Broker non-votes represent proxies that are uninstructed on a proposal and submitted by brokers or other nominees who lack discretionary authority to vote on the proposal absent instructions from the beneficial owner of shares of stock.
2. Non-binding Advisory Vote to Approve the Compensation of the Company’s Named Executive Officers
Alexandria’s stockholders voted, on a non-binding, advisory basis, to approve the compensation of its named executive officers, as disclosed in Alexandria’s 2023 Proxy Statement. 132,368,176 votes were cast “for” the approval, 21,781,930 votes were cast “against” the approval, and 43,158 votes abstained. Additionally, there were 3,284,607 broker non-votes for this proposal.
3. Non-binding Advisory Vote to Approve the Frequency of Future Non-binding, Advisory Stockholder Votes on the Compensation of the Company's Named Executive Officers
Alexandria's stockholders voted upon, on a non-binding, advisory basis, the frequency of the future non-binding, advisory stockholder votes on the compensation of the Company's named executive officers, as disclosed in Alexandria's 2023 Proxy Statement. 150,051,050 votes were cast for "one year," 14,455 votes were cast for "two years," 4,100,706 votes were cast for "three years," and 27,053 votes abstained. Additionally, there were 3,284,607 broker non-votes for this proposal.
The results of stockholder vote with respect to the frequency of the advisory vote on executive compensation were consistent with the recommendation of Alexandria's Board of Directors that such vote to be held every year. Accordingly, the Company will hold an annual advisory say-on-pay vote until the next required vote on the frequency of stockholder votes on the compensation of executives.
4. Ratification of Appointment of Independent Public Registered Accountants
Alexandria’s stockholders voted to ratify the appointment of Ernst & Young LLP as Alexandria’s independent registered public accountants for the fiscal year ending December 31, 2023. 148,736,689 votes were cast “for” the ratification, 8,680,887 votes were cast “against” the ratification, and 60,295 votes abstained. There were no broker non-votes for this proposal.