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Form 8-K · Current Report · Filed 2025-05-08

Eli Lilly Shareholders Approve Director Elections and Executive Compensation at 2025 Annual Meeting

At the 2025 Annual Meeting of Shareholders, Eli Lilly and Company announced the results of several key votes.

Filer
Eli Lilly and Company LLY · NYSE
Filed
Accession
0000059478-25-000138
CIK
0000059478
Signal
Medium impactHealthcare

Details

All four nominees for director were elected, the advisory vote on executive compensation was approved, and Ernst & Young LLP was ratified as the independent auditor. However, two proposals to amend the Company's Articles of Incorporation, aiming to eliminate the classified board structure and supermajority voting provisions, did not receive the required 80% majority and were therefore not approved.

Items reported

Item 5.07

Submission of Matters to a Vote of Security Holders

Director Elections Results Say-on-Pay Approved Shareholder Rejection

Market reaction

Close before filing

$776.72

Next session

-5.4%

Since filing

+47.9%

Latest close

$1,148.84

What happened, not what will happen — closing prices around the filing date.

Precedent

Previous filings from LLY reporting the same item, with the next session's move:

About Eli Lilly and Company

Eli Lilly and Company is a renowned pharmaceutical corporation that engages in the discovery, development, manufacturing, and marketing of pharmaceutical products worldwide. The company's core purpose is to create high-quality medications that address significant medical needs in areas such as oncology, immunology, neuroscience, and endocrinology. Eli Lilly is particularly noted for its pioneering work in diabetes care with products like insulin and for its innovative approach to treating complex health conditions. With a history dating back to 1876, the Indianapolis-based company blends scientific innovation with a commitment to improve patient outcomes. Eli Lilly’s role in the financial markets is significant due to its contributions to healthcare advancements and its influence on global pharmaceutical trends. The company's robust pipeline and emphasis on research and development underscore its potential to impact healthcare solutions and deliver sustainable growth. Its products and services are marketed globally, underlying its importance in the biopharmaceutical industry.

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