ACV Auctions Inc. held its Annual Meeting of Stockholders on May 28, 2025. During the meeting, stockholders elected George Chamoun and Robert P. Goodman as Class I directors of the Board. The proposal for officer exculpation was approved, limiting the liability of officers as permitted by law. The stockholders also approved the reclassification of shares to convert all outstanding Class B common stock to Class A common stock and reclassify each outstanding share of Class A common stock into common stock. Additionally, the appointment of Ernst and Young LLP as the independent registered public accounting firm for the fiscal year ending December 31, 2025, was ratified.
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