Delaware 1-8245 22-2084119
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Item 5.07. Submission of Matters to a Vote of Security Holders.
The Annual Meeting of Unit Owners of North European Oil Royalty Trust (the "Trust") was held on February 16, 2022 (the "Annual Meeting"). A total of 2,489,450 Units were represented in person or by valid proxy at the Annual Meeting. Unit Owners voted on the following two proposals at the Annual Meeting and cast their votes as follows:
Proposal One:
The following persons were elected as Trustees of the Trust to serve until the next Annual Meeting of Unit Owners, by the votes set forth in the following table:
Broker | |||
For | Withheld | Non-Votes | |
Robert P. Adelman | 2,390,344 | 99,106 | 0 |
Ahron H. Haspel | 2,444,467 | 44,983 | 0 |
Lawrence A. Kobrin | 1,927,107 | 562,343 | 0 |
Nancy J. Floyd Prue | 2,450,516 | 38,934 | 0 |
Willard B. Taylor | 2,438,828 | 50,622 | 0 |
Proposal Two:
The Unit Owners approved, on an advisory (non-binding) basis, the compensation of the Trust's Managing Director as described in the Trust's Proxy Statement for the Annual Meeting, by the votes set forth in the following table:
Broker | |||
For | Against | Abstain | Non-Votes |
2,141,456 | 190,263 | 157,731 | 0 |
Pursuant to the requirements of the Securities Exchange Act of 1934, the Registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized.
NORTH EUROPEAN OIL ROYALTY TRUST
(Registrant)
/s/ John R. Van Kirk
John R. Van Kirk
Managing Director
February 16, 2022