Current Report Filing (8-k)
May 16 2022 - 4:10PM
Edgar (US Regulatory)
0001144519false12/3100011445192022-05-122022-05-1600011445192022-01-012022-12-31
UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
___________________________________
FORM 8-K
___________________________________
CURRENT REPORT
Pursuant to Section 13 or 15(d)
of the Securities Exchange Act of 1934
May 12, 2022
Date of Report (date of earliest event reported)
___________________________________
BUNGE LIMITED
(Exact name of registrant as specified in its charter)
___________________________________
| | | | | | | | |
Bermuda (State or other jurisdiction of incorporation or organization) | 001-16625 (Commission File Number) | 98-0231912 (I.R.S. Employer Identification Number) |
1391 Timberlake Manor Parkway Chesterfield, MO 63017 |
(Address of principal executive offices and zip code) |
(314) 292-2000 |
(Registrant's telephone number, including area code) |
___________________________________
Check the appropriate box below if the Form 8-K filing is intended to simultaneously satisfy the filing obligation of the registrant under any of the following provisions:
| | | | | |
☐ | Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425) |
☐ | Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12) |
☐ | Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b)) |
☐ | Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c)) |
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Securities registered pursuant to Section 12(b) of the Act: |
Title of each class | Trading Symbol | Name of each exchange on which registered |
Common Shares, $0.01 par value per share | BG | New York Stock Exchange |
Indicate by check mark whether the registrant is an emerging growth company as defined in Rule 405 of the Securities Act of 1933 (§230.405 of this chapter) or Rule 12b-2 of the Securities Exchange Act of 1934 (§240.12b-2 of this chapter).
Emerging growth company ☐
If an emerging growth company, indicate by check mark if the registrant has elected not to use the extended transition period for complying with any new or revised financial accounting standards provided pursuant to Section 13(a) of the Exchange Act. ☐
Item 5.03 - Amendments to Articles of Incorporation or Bylaws; Change in Fiscal Year
As described below under Item 5.07, at the 2022 Annual General Meeting of Shareholders (the “Annual General Meeting”) of Bunge Limited (the “Company”) held on May 12, 2022, the Company’s shareholders approved amendments to the Company’s Bye-laws to eliminate shareholder supermajority voting approval requirements. These amendments are further described under “Proposal 4 – Amendments to our Bye-laws to Eliminate Supermajority Approval Requirements” in the Company’s definitive proxy statement filed with the U.S. Securities and Exchange Commission on March 31, 2022 (the “Proxy Statement”), which description is incorporated herein by reference pursuant to General Instruction B.3 of Form 8-K.
Item 5.07 - Submission of Matters to a Vote of Security Holders
At the Annual General Meeting, the Company’s shareholders: (1) elected the Company’s director nominees; (2) approved the advisory vote on executive compensation; (3) approved the appointment of Deloitte & Touche LLP as the Company’s independent auditor for the fiscal year ending December 31, 2022 and authorized the audit committee of the Board of Directors to determine the independent auditor’s fees; and (4) approved amendments to the Company’s Bye-laws. The shareholders did not approve the shareholder proposal regarding shareholder right to act by written consent. These proposals are described in greater detail in the Company’s Proxy Statement. The results of the votes at the Annual General Meeting were as follows:
Proposal 1: Election of directors
| | | | | | | | | | | | | | |
Nominee | Votes For | Votes Against | Abstentions | Broker Non-Votes |
Sheila Bair | 102,739,058 | 5,031,239 | 553,995 | 6,360,983 |
Carol Browner | 104,921,835 | 3,353,201 | 49,256 | 6,360,983 |
Paul Fribourg | 106,147,576 | 2,113,243 | 63,473 | 6,360,983 |
J. Erik Fyrwald | 98,076,862 | 10,192,898 | 54,532 | 6,360,983 |
Gregory Heckman | 107,305,166 | 965,806 | 53,320 | 6,360,983 |
Bernardo Hees | 106,570,483 | 1,695,834 | 57,975 | 6,360,983 |
Kathleen Hyle | 100,613,040 | 6,090,226 | 1,621,026 | 6,360,983 |
Michael Kobori | 106,199,271 | 845,120 | 1,279,901 | 6,360,983 |
Kenneth Simril | 106,180,060 | 871,764 | 1,272,468 | 6,360,983 |
Henry (Jay) Winship | 105,528,820 | 2,747,140 | 48,332 | 6,360,983 |
Mark Zenuk | 107,264,617 | 1,007,787 | 51,888 | 6,360,983 |
The directors listed above were elected for a one-year term.
Proposal 2: Advisory vote on executive compensation
| | | | | | | | | | | |
Votes For | Votes Against | Abstentions | Broker Non-Votes |
104,630,355 | 3,570,071 | 123,866 | 6,360,983 |
Proposal 3: To appoint Deloitte & Touche LLP as independent auditor for the fiscal year ending December 31, 2022 and to authorize the Audit Committee of the Board of Directors to determine the independent auditor's fees
| | | | | | | | | | | |
Votes For | Votes Against | Abstentions | |
111,402,645 | 3,233,724 | 48,906 | |
Proposal 4: Amendments to the Bunge Limited Bye-laws to eliminate shareholder supermajority approval requirements
| | | | | | | | | | | |
Votes For | Votes Against | Abstentions | Broker Non-Votes |
108,070,871 | 166,125 | 87,296 | 6,360,983 |
Proposal 5: Shareholder proposal regarding shareholder right to act by written consent, if properly presented at the meeting
| | | | | | | | | | | |
Votes For | Votes Against | Abstentions | Broker Non-Votes |
30,542,328 | 77,556,340 | 225,624 | 6,360,983 |
Item 9.01 - Financial Statements and Exhibits
(d): Exhibits.
| | | | | | | | |
Exhibit No. | | Description |
| | Bye-laws, amended and restated as of May 12, 2022 |
104 | | Cover Page Interactive Data File (embedded within the Inline XBRL document) |
SIGNATURE
Pursuant to the requirements of the Securities Exchange Act of 1934, as amended, the Registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized.
Date: May 16, 2022
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BUNGE LIMITED |
| |
By: | /s/ Lisa Ware-Alexander |
Name: | Lisa Ware-Alexander |
Title: | Secretary |
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