EX-99.1 2 brhc20054406_ex99-1.htm EXHIBIT 99.1
Exhibit 99.1

ASX RELEASE | June 14, 2023 | ASX:PLL

Piedmont Lithium Reports Results of Annual Meeting of Stockholders

Belmont, North Carolina, June 14, 2023 – Piedmont Lithium Inc. (“Piedmont” or “Company”) (Nasdaq:PLL; ASX:PLL), a developer of lithium resources 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, 2023 (the “Meeting”), at which the stockholders approved all proposals put forward by the Company.

The two director nominees named in the Company’s proxy statement dated April 28, 2023 (the “Proxy Statement”) were elected to serve until the 2026 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 two Class III director nominees to serve until the 2026 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. Jeff Armstrong
5,999,611
1,039,337
4,622,041
•          Ms. Christina Alvord
6,979,247
59,701
4,622,041

2.
Ratification of the appointment of Deloitte & Touche LLP as the Company’s independent registered public accounting firm for the year ending December 31, 2023 (Proposal 2):
Votes For
Votes Against
Abstentions
Broker Non-Votes
11,526,095
116,514
18,380
0

3.
Approval of, on an advisory basis, the compensation of the Company’s named executive officers (Proposal 3):
Votes For
Votes Against
Abstentions
Broker Non-Votes
4,227,263
2,734,575
77,110
4,622,041

4.
Approval of the grant of up to 29,890 stock options to Mr. Keith Phillips (Proposal 4):
Votes For
Votes Against
Abstentions
Broker Non-Votes
4,056,106
2,737,169
245,673
4,622,041

5.
Approval of the grant of up to 13,260 restricted stock units to Mr. Keith Phillips (Proposal 5):
Votes For
Votes Against
Abstentions
Broker Non-Votes
4,074,235
2,719,493
245,220
4,622,041

6.
Approval of the grant of up to 53,034 performance stock units to Mr. Keith Phillips (Proposal 6):
Votes For
Votes Against
Abstentions
Broker Non-Votes
4,046,410
2,746,760
245,778
4,622,041

7.
Approval of the grant of up to 2,879 restricted stock units to Mr. Jeff Armstrong (Proposal 7):
Votes For
Votes Against
Abstentions
Broker Non-Votes
6,186,988
606,562
245,398
4,622,041

8.
Approval of the grant of up to 1,591 restricted stock units to Ms. Christina Alvord (Proposal 8):
Votes For
Votes Against
Abstentions
Broker Non-Votes
6,193,507
601,148
244,293
4,622,041

9.
Approval of the grant of up to 1,591 restricted stock units to Mr. Jorge Beristain (Proposal 9):
Votes For
Votes Against
Abstentions
Broker Non-Votes
6,187,928
604,922
246,098
4,622,041

10.
Approval of the grant of up to 1,591 restricted stock units to Mr. Michael Bless (Proposal 10):
Votes For
Votes Against
Abstentions
Broker Non-Votes
6,186,202
606,391
246,355
4,622,041

11.
Approval of the grant of up to 1,591 restricted stock units to Mr. Claude Demby (Proposal 11):
Votes For
Votes Against
Abstentions
Broker Non-Votes
6,187,347
605,465
246,136
4,622,041

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 will enable 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
Christian Healy/Jeff Siegel
SVP, Corporate Communications & Investor Relations
Media Inquiries
T: +1 704 575 2549
E: christian@dlpr.com
E: esanders@piedmontlithium.com
E: jeff@dlpr.com

Appendix – Results of Piedmont Lithium Inc.’s 2023 Annual Meeting of Stockholders – 13 June 2023

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. Jeff Armstrong
5,999,551
1,039,337
Nil
5,999,611
85.23%
1,039,337
14.77%
Elected

1.b. Election of Ms. Christina Alvord
6,979,187
59,701
Nil
6,979,247
99.15%
59,701
0.85%
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 Deloitte & Touche LLP for the year ending December 31, 2023
11,526,035
116,514
18,380
Nil
11,526,095
98.84%
116,514
1.00%
18,380
0.16%
Approved

3. Approval of, on an advisory basis, the compensation of the Company’s named executive officers
4,227,203
2,734,575
77,110
Nil
4,227,263
60.06%
2,734,575
38.85%
77,110
1.10%
Approved

4. Approval of the grant of up to 29,890 stock options to Mr. Keith Phillips
4,056,046
2,737,169
245,673
Nil
4,056,106
57.62%
2,737,169
38.89%
245,673
3.49%
Approved

5. Approval of the grant of up to 13,260 restricted stock units to Mr. Keith Phillips
4,074,175
2,719,493
245,220
Nil
4,074,235
57.88%
2,719,493
38.63%
245,220
3.48%
Approved

6. Approval of the grant of up to 53,034 performance stock units to Mr. Keith Phillips
4,046,350
2,746,760
245,778
Nil
4,046,410
57.49%
2,746,760
39.02%
245,778
3.49%
Approved

7. Approval of the grant of up to 2,879 restricted stock units to Mr. Jeff Armstrong
6,186,928
606,562
245,398
Nil
6,186,988
87.90%
606,562
8.62%
245,398
3.49%
Approved

8. Approval of the grant of up to 1,591 restricted stock units to Ms. Christina Alvord
6,193,447
601,148
244,293
Nil
6,193,507
87.99%
601,148
8.54%
244,293
3.47%
Approved

9. Approval of the grant of up to 1,591 restricted stock units to Mr. Jorge Beristain
6,187,868
604,922
246,098
Nil
6,187,928
87.91%
604,922
8.59%
246,098
3.50%
Approved

10. Approval of the grant of up to 1,591 restricted stock units to Mr. Michael Bless
6,186,142
606,391
246,355
Nil
6,186,202
87.89%
606,391
8.61%
246,355
3.50%
Approved

11. Approval of the grant of up to 1,591 restricted stock units to Mr. Claude Demby
6,187,287
605,465
246,136
Nil
6,187,347
87.90%
605,465
8.60%
246,136
3.50%
Approved