ADDVANTAGE TECHNOLOGIES GROUP INC : Submission of Matters to a Vote of Security Holders (form 8-K)

Published: 2022-09-23 16:12:05 ET AEY

Item 5.07. Submission of Matters to a Vote of Security Holders.

a.The annual meeting of shareholders of ADDvantage Technologies Group, Inc. (the "Company") was held in Carrollton, Texas at our corporate office on September 23, 2022.

b.At the meeting, the following proposals were voted on:

Proposal 1: Election of Directors

Director Name For Withheld Broker Non-Vote David E. Chymiak 5,473,611 1,156,552 3,357,421 Timothy S. Harden 5,290,158 1,340,005 3,357,421 Joseph E. Hart 5,325,534 1,304,629 3,357,421 James C. McGill 4,896,916 1,733,247 3,357,421 John M. Shelnutt 4,973,675 1,656,488 3,357,421 David W. Sparkman 6,497,099 133,064 3,357,421

Proposal 2: Ratify HoganTaylor LLP as the Company's Independent Registered Public Accountant

The shareholders ratified the appointment of HoganTaylor LLP as the Company's independent registered public accounting firm for the 2022 fiscal year with 8,744,427 votes for, 1,184,066 votes against, and 59,091 votes abstaining.

Proposal 3: Approve Amendment to Company's 2015 Incentive Stock Plan

The shareholders approved an amendment to authorize an additional 1,000,000 shares of common stock to the 2015 Incentive Stock Plan with 4,579,906 votes for, 1,953,186 votes against, and 97,071 votes abstaining. There were 3,357,421 broker non-votes.