Seanergy Maritime Holdings announced that at the Company’s 2024 Annual Meeting of Shareholders, Seanergy shareholders have overwhelmingly voted to re-elect the Company’s two director nominees – Dimitrios Anagnostopoulos and Ioannis Kartsonas – to serve until the 2027 Annual Meeting, to ratify the appointment of the existing auditors and to reject the proposals brought by G. Economou through his entity Sphinx Investment Corp.
The final voting results are as follows:
| COMPANY PROPOSALS | % OF VOTES | ||
| FOR | AGAINST | WITHHOLD / ABSTAIN | |
| 1a. Election of Director – Dimitrios Anagnostopoulos | 88.21% | – | 11.79% |
| 1b. Election of Director – Ioannis Kartsonas | 88.22% | – | 11.78% |
| 2. Ratification of Appointment of Auditors | 93.47% | 6.48% | 0.05% |
| G. ECONOMOU PROPOSALS | % OF VOTES | ||
| FOR | AGAINST | WITHHOLD / ABSTAIN | |
| 3. Board declassification | 13.23% | 86.60% | 0.17% |
| 4A. Resignation of Mr. Stamatios Tsantanis | 8.48% | 91.27% | 0.24% |
| 4B. Resignation of Ms. Christina Anagnostara | 8.48% | 91.30% | 0.22% |
| 4C. Resignation of Mr. Elias Culucundis | 8.50% | 91.28% | 0.22% |
Excluding the votes of management, directors, Series B Preferred Shares and G. Economou1, Seanergy’s unaffiliated common shareholders overwhelmingly supported Seanergy’s incumbent directors and rejected the proposals put forth by G. Economou, as follows:
| COMPANY PROPOSALS | % OF VOTES | ||
| FOR | AGAINST | WITHHOLD / ABSTAIN | |
| 1a. Election of Director – Dimitrios Anagnostopoulos | 71.47% | – | 28.53% |
| 1b. Election of Director – Ioannis Kartsonas | 71.51% | – | 28.49% |
| 2. Ratification of Appointment of Auditors | 97.51% | 2.31% | 0.18% |
| G. ECONOMOU PROPOSALS | % OF VOTES | ||
| FOR | AGAINST | WITHHOLD / ABSTAIN | |
| 3. Board declassification | 36.38% | 62.70% | 0.93% |
| 4A. Resignation of Mr. Stamatios Tsantanis | 10.54% | 88.14% | 1.32% |
| 4B. Resignation of Ms. Christina Anagnostara | 10.54% | 88.28% | 1.18% |
| 4C. Resignation of Mr. Elias Culucundis | 10.64% | 88.16% | 1.20% |
Seanergy issued the following statement:
“We greatly appreciate our shareholders’ support for our Board. This outcome reflects confidence in our Board and Seanergy’s strategic direction and our commitment to value creation both now and into the future. It is clear that our shareholders recognize that our Board and governance are driving meaningful, sustained growth. Today’s vote also underscores that Seanergy shareholders have firmly rejected G. Economou’s self-serving attempt to seize control, standing decisively against his proposals.
In recent years, Seanergy’s Board and management team have transformed the Company into a leading public, growth-oriented Capesize pure-play. Our investments in the Capesize fleet have enabled us to operate efficiently, outperform the market, and generate strong free cash flow to support disciplined growth while increasing capital returns to shareholders. With this focused strategy, we believe Seanergy is well-positioned to continue delivering strong performance through the cycle and attractive shareholder returns.
We thank our shareholders for the trust they have placed in our Board, and we look forward to continue engaging with them and taking actions that are in the best interest of all Seanergy shareholders“.