UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
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FORM
CURRENT REPORT
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Item 5.07 Submission of Matters to a Vote of Security Holders.
The 2022 annual meeting of stockholders (the “Annual Meeting”) of Polar Power, Inc. (the “Company”) was held on December 21, 2022. The following proposals were approved at the Annual Meeting by the votes indicated:
Proposal One: To elect four directors to serve on the Company’s Board of Directors until the next annual meeting of stockholders and/or until their successors are duly elected and qualified. The nominees for election are Arthur D. Sams, Keith Albrecht, Peter Gross and Katherine Koster.
The following nominees were elected by the votes indicated to serve as directors until the next annual meeting of stockholders and/or until their successors are duly elected and qualified:
| Name | Total Votes for Director | Total Votes Withheld from Director | Total Broker Non-Votes | |||||||||
| Arthur D. Sams | 6,497,303 | 44,809 | 2,695,667 | |||||||||
| Keith Albrecht | 6,495,394 | 46,718 | 2,695,667 | |||||||||
| Peter Gross | 6,496,847 | 45,264 | 2,695,667 | |||||||||
| Katherine Koster | 6,497,688 | 44,423 | 2,695,667 | |||||||||
Proposal Two: To ratify the appointment of Weinberg & Company, P.A., as the Company’s independent registered public accounting firm for the year ending December 31, 2022.
| Total Votes | ||||
| For | 9,141,819 | |||
| Against | 70,429 | |||
| Abstain | 25,531 | |||
| Broker Non-Votes | N/A | |||
Proposal Three: To conduct a non-binding advisory vote to approve the compensation paid to the Company’s named executive officers.
| Total Votes | ||||
| For | 6,432,759 | |||
| Against | 97,147 | |||
| Abstain | 12,205 | |||
| Broker Non-Votes | 2,695,667 | |||
Proposal Four: To conduct a non-binding advisory vote to determine the frequency of the non-binding advisory vote on executive compensation.
| Total Votes | ||||
| One Year | 789,376 | |||
| Two Years | 17,092 | |||
| Three Years | 5,694,886 | |||
| Abstain | 40,758 | |||
| Broker Non-Votes | 2,695,667 | |||
SIGNATURES
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.
Date: December 21, 2022
| POLAR POWER, INC. | ||
| By: | /s/ Arthur D. Sams | |
| Arthur D. Sams President, Chief Executive Officer and Secretary | ||