$ZNOG·8-K

ZION OIL & GAS INC · Jun 3, 11:44 AM ET

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ZION OIL & GAS INC 8-K

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Zion Oil & Gas Reports 2026 Annual Meeting Voting Results

What Happened Zion Oil & Gas, Inc. filed an 8‑K on June 3, 2026 reporting the voting results from its 2026 Annual Meeting of Stockholders (record date April 6, 2026). As of the record date there were 1,182,750,591 shares outstanding and a quorum of 683,559,582 shares was present. Shareholders elected all four Class III director nominees for three‑year terms, ratified RBSM, LLP as auditors for 2026, approved a nonbinding advisory vote on executive compensation, and selected a three‑year frequency for future advisory compensation votes.

Key Details

  • Shares outstanding (record date): 1,182,750,591; quorum present: 683,559,582.
  • Directors elected (terms to expire 2029):
    • Paul Oroian — For: 355,826,976; Against: 9,961,164; Abstain: 12,034,181; Broker non‑votes: 305,737,260.
    • Virginia Prodan — For: 351,745,995; Against: 11,075,902; Abstain: 15,000,424; Broker non‑votes: 305,737,260.
    • Pandji Putra — For: 352,756,010; Against: 10,202,936; Abstain: 14,863,374; Broker non‑votes: 305,737,260.
    • Robert Dunn — For: 360,396,461; Against: 9,030,434; Abstain: 8,395,426; Broker non‑votes: 305,737,260.
  • Auditor ratification: RBSM, LLP ratified — For: 655,214,993; Against: 8,615,744; Abstain: 19,728,844.
  • Executive compensation (nonbinding advisory): For: 343,174,923; Against: 16,190,588; Abstain: 18,456,810; Broker non‑votes: 305,737,260.
  • Frequency vote (nonbinding): 3 years — 289,022,093; 2 years — 11,157,350; 1 year — 59,626,159; Abstain — 18,016,718.

Why It Matters These results confirm the company's board composition and the selection of its independent auditors for 2026, which are governance matters investors monitor for continuity and oversight. The advisory (nonbinding) shareholder approval of executive compensation and the choice of a three‑year advisory cycle provide the board with shareholder guidance on pay practices, though they do not legally bind the company. Note the sizable broker non‑votes (305,737,260) on several items; those represent shares present but not voted on certain proposals and affect the vote totals reported.

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