EX-99.1 2 ef20031145_ex99-1.htm EXHIBIT 99.1
Exhibit 99.1
ASX RELEASE | June 14, 2024 | ASX:PLL

Piedmont Lithium Reports Results of Annual Meeting of Stockholders

Belmont, North Carolina, June 13, 2024 – Piedmont Lithium Inc. (“Piedmont” or “Company”) (Nasdaq: PLL; ASX: PLL), a leading North American supplier of lithium products critical to the U.S. electric vehicle supply chain, is pleased to announce the results of its annual meeting of stockholders held virtually on June 13, 2024 (the “Meeting”), at which stockholders approved all proposals put forward by the Company.

The three director nominees named in the Company’s proxy statement dated April 29, 2024 (the “Proxy Statement”) were elected to serve until the 2027 Annual Meeting of Stockholders and until their successors are duly elected and qualified. Additionally, the other proposals, as outlined in the Proxy Statement, were approved by the affirmative vote of at least a majority of the voting power of shares of common stock present or represented at the Meeting and entitled to vote on the proposal.

Voting results are provided in the tables that follow. All resolutions were decided by a poll. The information required by ASX Listing Rule 3.13.2 is contained in the Appendix to this announcement.

1.
Election of the three Class I director nominees to serve until the 2027 Annual Meeting of Stockholders and until their successors are duly elected and qualified (Proposal 1):
Director Nominee
Votes For
Votes Withheld
Broker Non-Votes
Mr. Keith Phillips
6,925,663
230,446
3,678,733
Mr. Michael Bless
6,693,870
462,239
3,678,733
Ms. Dawne Hickton
6,764,663
391,446
3,678,733

2.
Ratification of the appointment of PricewaterhouseCoopers LLP as the Company’s independent registered public accounting firm for the year ending December 31, 2024 (Proposal 2):

Votes For
Votes Against
Abstentions
Broker Non-Votes
10,637,148
146,798
50,896
0

3.
Approval of, on a non-binding, advisory basis, the compensation of the Company’s named executive officers (Proposal 3):

Votes For
Votes Against
Abstentions
Broker Non-Votes
3,949,530
2,990,224
216,355
3,678,733

4.
Approval of the grant of up to 169,903 stock options to Mr. Keith Phillips (Proposal 4):

Votes For
Votes Against
Abstentions
Broker Non-Votes
3,735,326
3,202,660
218,123
3,678,733

5.
Approval of the grant of up to 64,362 restricted stock units to Mr. Keith Phillips (Proposal 5):

Votes For
Votes Against
Abstentions
Broker Non-Votes
3,755,691
3,190,916
209,502
3,678,733

6.
Approval of the grant of up to 257,442 performance stock units to Mr. Keith Phillips (Proposal 6):

Votes For
Votes Against
Abstentions
Broker Non-Votes
3,696,747
3,222,792
236,570
3,678,733



7.
Approval of the grant of up to 13,976 restricted stock units to Mr. Jeff Armstrong (Proposal 7):

Votes For
Votes Against
Abstentions
Broker Non-Votes
6,519,182
382,007
254,920
3,678,733

8.
Approval of the grant of up to 7,724 restricted stock units to Ms. Christina Alvord (Proposal 8):

Votes For
Votes Against
Abstentions
Broker Non-Votes
6,577,574
376,625
201,910
3,678,733

9.
Approval of the grant of up to 7,724 restricted stock units to Mr. Jorge Beristain (Proposal 9):

Votes For
Votes Against
Abstentions
Broker Non-Votes
6,584,667
371,070
200,372
3,678,733

10.
Approval of the grant of up to 7,724 restricted stock units to Mr. Michael Bless (Proposal 10):

Votes For
Votes Against
Abstentions
Broker Non-Votes
6,582,447
374,041
199,621
3,678,733

11.
Approval of the grant of up to 7,724 restricted stock units to Mr. Claude Demby (Proposal 11):

Votes For
Votes Against
Abstentions
Broker Non-Votes
6,584,308
372,582
199,219
3,678,733

12.
Approval of the grant of up to 7,724 restricted stock units to Ms. Dawne Hickton (Proposal 12):

Votes For
Votes Against
Abstentions
Broker Non-Votes
6,579,790
376,512
199,807
3,678,733

About Piedmont Lithium

Piedmont Lithium (Nasdaq: PLL; ASX: PLL) is developing a world-class, multi-asset, integrated lithium business focused on enabling the transition to a net zero world and the creation of a clean energy economy in North America. Our goal is to become one of the largest lithium hydroxide producers in North America by processing spodumene concentrate produced from assets where we hold an economic interest. Our projects include our Carolina Lithium and Tennessee Lithium projects in the United States and partnerships in Quebec with Sayona Mining (ASX: SYA) and in Ghana with Atlantic Lithium (AIM: ALL; ASX: A11). These geographically diversified operations help us to play a pivotal role in supporting America’s move toward energy independence and the electrification of transportation and energy storage. For more information, follow us on Twitter @PiedmontLithium and visit www.piedmontlithium.com.

For further information, contact:

Erin Sanders
SVP, Corporate Communications & Investor Relations
T: +1 704 575 2549
E: esanders@piedmontlithium.com

2
Appendix – Results of Piedmont Lithium Inc.’s 2024 Annual Meeting of Stockholders – 13 June 2024

The following information is provided in accordance with ASX Listing Rule 3.13.2:

Resolution
Number of Valid Proxy Votes Received Before the Meeting
Number and Percentage of Votes on the Poll
Result
For
Withheld
Proxy’s Discretion
For
Withheld
1.a. Election of Mr. Keith Phillips
6,925,663
230,446
Nil
6,925,663
96.78%
230,446
3.22%
Elected
1.b. Election of Mr. Michael Bless
6,693,870
462,239
Nil
6,693,870
93.54%
462,239
6.46%
Elected
1.c. Election of Ms. Dawne Hickton
6,764,663
391,446
Nil
6,764,663
94.53%
391,446
5.47%
Elected

Resolution
Number of Valid Proxy Votes Received Before the Meeting
Number and Percentage of Votes on the Poll
Result
For
Against
Abstain
Proxy’s
Discretion
For
Against
Abstain
2. Ratification of the appointment of PricewaterhouseCoopers LLP for the year ending December 31, 2024
10,637,148
146,798
50,896
Nil
10,637,148
98.18%
146,798
1.35%
50,896
0.47%
Approved
3. Approval of, on a non-binding, advisory basis, the compensation of the Company’s named executive officers
3,949,530
2,990,224
216,355
Nil
3,949,530
55.19%
2,990,224
41.79%
216,355
3.02%
Approved
4. Approval of the grant of up to 169,903 stock options to Mr. Keith Phillips
3,735,326
3,202,660
218,123
Nil
3,735,326
52.20%
3,202,660
44.75%
218,123
3.05%
Approved
5. Approval of the grant of up to 64,362 restricted stock units to Mr. Keith Phillips
3,755,691
3,190,916
209,502
Nil
3,755,691
52.48%
3,190,916
44.59%
209,502
2.93%
Approved
6. Approval of the grant of up to 257,442 performance stock units to Mr. Keith Phillips
3,696,747
3,222,792
236,570
Nil
3,696,747
51.66%
3,222,792
45.04%
236,570
3.30%
Approved
7. Approval of the grant of up to 13,976 restricted stock units to Mr. Jeff Armstrong
6,519,182
382,007
254,920
Nil
6,519,182
91.10%
382,007
5.34%
254,920
3.56%
Approved
8. Approval of the grant of up to 7,724 restricted stock units to Ms. Christina Alvord
6,577,574
376,625
201,910
Nil
6,577,574
91.92%
376,625
5.26%
201,910
2.82%
Approved
9. Approval of the grant of up to 7,724 restricted stock units to Mr. Jorge Beristain
6,584,667
371,070
200,372
Nil
6,584,667
92.01%
371,070
5.19%
200,372
2.80%
Approved
10. Approval of the grant of up to 7,724 restricted stock units to Mr. Michael Bless
6,582,447
374,041
199,621
Nil
6,582,447
91.98%
374,041
5.23%
199,621
2.79%
Approved
11. Approval of the grant of up to 7,724 restricted stock units to Mr. Claude Demby
6,584,308
372,582
199,219
Nil
6,584,308
92.01%
372,582
5.21%
199,219
2.78%
Approved
12. Approval of the grant of up to 7,724 restricted stock units to Ms. Dawne Hickton
6,579,790
376,512
199,807
Nil
6,579,790
91.95%
376,512
5.26%
199,807
2.79%
Approved