Bank of America Announces Preliminary Voting Results of 2016 Annual Meeting of Stockholders

CHARLOTTE, N.C.--(BUSINESS WIRE)--

Bank of America Corporation today announced preliminary results of matters voted upon during the company's 2016 annual meeting of stockholders.

The 13 board of director nominees were elected, with at least 94 percent of the vote cast in favor of each. The management advisory proposal on executive compensation and the appointment of the company's independent accounting firm proposal both were approved, with approximately 93 percent and 98 percent of the vote in favor, respectively. The lone shareholder proposal, which sought to amend the clawback feature of the company's executive compensation program, was not approved, with approximately 94 percent of the vote opposed to the measure.

Results are considered preliminary, with final figures reported on a Form 8-K to be filed with the Securities and Exchange Commission.

Bank of America
Bank of America is one of the world's leading financial institutions, serving individual consumers, small and middle-market businesses and large corporations with a full range of banking, investing, asset management and other financial and risk management products and services. The company provides unmatched convenience in the United States, serving approximately 47 million consumer and small business relationships with approximately 4,700 retail financial centers, approximately 16,000 ATMs, and award-winning online banking with approximately 33 million active users and approximately 20 million mobile users. Bank of America is a global leader in wealth management, corporate and investment banking and trading across a broad range of asset classes, serving corporations, governments, institutions and individuals around the world. Bank of America offers industry-leading support to approximately 3 million small business owners through a suite of innovative, easy-to-use online products and services. The company serves clients through operations in all 50 states, the District of Columbia, the U.S. Virgin Islands, Puerto Rico and more than 35 countries. Bank of America Corporation stock BAC is listed on the New York Stock Exchange.

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