Aflac Incorporated shareholders at the May 4, 2026 annual meeting elected all 11 director nominees, approved executive compensation and KPMG LLP's auditor ratification, but rejected the independent board chairman proposal.
Key takeaways
All 11 director nominees elected with For votes ranging from 1,085,917,275 to 1,124,829,994 out of total 1,495,448,165 voting rights.
Non-binding say-on-pay proposal approved with 1,082,304,402 For votes.
KPMG LLP ratified as auditor for year ending December 31, 2026 with 1,166,216,707 For votes.
Shareholder proposal for independent board chairman rejected with only 136,304,171 For vs. 982,422,907 Against.
J&A Alliance Trust holds 20% of voting power, subject to proportional voting restrictions per 2019 Shareholders Agreement.
85,520,827 directly registered shares and 23,397,450 street name shares had 10 votes per share.