Item 5.07 Submission of Matters to a Vote of Security Holders.
Raytheon Technologies Corporation (formerly known as United Technologies Corporation) (“RTC” or "Company") held its 2020 Annual Meeting of Shareowners on April 27, 2020. As of March 3, 2020, the record date for the meeting, 866,164,920 shares of RTC common stock were issued and outstanding. A quorum of 750,735,622 shares of common stock was present or represented at the meeting.
Set forth below are the final voting results for each of the matters submitted to a vote of the shareholders. For more information about the proposals set forth below, please see the United Technologies Corporation definitive proxy statement filed with the Securities and Exchange Commission on March 13, 2020.
1)Election of Directors. The following individuals were elected to serve as directors for a term expiring at the 2021 Annual Meeting of Shareowners or upon the election and qualification of their successors. The voting results for each of the nominees are as follows:
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Nominee
|
VotesFor
|
|
VotesAgainst
|
|
Abstentions
|
|
Broker Non-Votes
|
Lloyd J. Austin III
|
647,525,359
|
|
8,056,350
|
|
1,393,684
|
|
93,760,229
|
Gregory J. Hayes
|
642,870,630
|
|
12,787,861
|
|
1,316,902
|
|
93,760,229
|
Marshall O. Larsen
|
649,593,861
|
|
5,965,377
|
|
1,416,155
|
|
93,760,229
|
Robert K. (Kelly) Ortberg
|
649,775,622
|
|
5,876,900
|
|
1,322,871
|
|
93,760,229
|
Margaret L. O'Sullivan
|
649,567,916
|
|
5,982,162
|
|
1,425,315
|
|
93,760,229
|
Denise L. Ramos
|
644,098,903
|
|
11,598,716
|
|
1,277,774
|
|
93,760,229
|
Fredric G. Reynolds
|
640,519,690
|
|
15,029,964
|
|
1,425,739
|
|
93,760,229
|
Brian C. Rogers
|
646,756,709
|
|
8,803,296
|
|
1,415,388
|
|
93,760,229
|
2) A proposal that shareowners approve, on an advisory basis, the compensation of RTC’s named executive officers. The proposal was approved, and the voting results are as follows:
|
|
|
|
|
|
|
|
|
|
|
|
Votes For
|
Votes Against
|
Abstentions
|
Broker Non-Votes
|
614,724,861
|
39,467,292
|
2,783,240
|
93,760,229
|
3) A proposal to appoint PricewaterhouseCoopers LLP, a firm of independent registered public accountants, to serve as RTC's Independent Auditor for 2020 until the next Annual Meeting in 2021. The proposal was approved, and the voting results are as follows:
|
|
|
|
|
|
|
|
|
Votes For
|
Votes Against
|
Abstentions
|
719,271,354
|
30,084,650
|
1,379,618
|
4) A shareowner proposal regarding simple majority vote requirement. The proposal was voted upon favorably by a majority of the shares voted, but not by at least 80% of the outstanding shares; the voting results are as follows:
|
|
|
|
|
|
|
|
|
|
|
|
Votes For
|
Votes Against
|
Abstentions
|
Broker Non-Votes
|
615,228,335
|
17,215,291
|
24,519,964
|
93,772,030
|
5) A shareowner proposal to create a committee to prepare a report regarding the impact of plant closure on communities and alternatives to help mitigate the effects. The proposal was not approved, and the voting results are as follows:
|
|
|
|
|
|
|
|
|
|
|
|
Votes For
|
Votes Against
|
Abstentions
|
Broker Non-Votes
|
34,909,999
|
613,852,400
|
8,212,994
|
93,760,229
|