Submission of Matters to a Vote of Security






On June 29, 2020, Yunhong CTI Ltd. (the Company) convened its Annual Meeting of shareholders for the purpose of holding a stockholder vote (the Annual Meeting). At the Annual Meeting, the stockholders of the Company voted to:







1.




To elect 7 directors to hold office during the year following the annual meeting or until their successors are elected (

Proposal

1

)










2.




To approve a non-binding proposal on executive compensation (

Proposal

2

)










3.




To recommend, by non-binding vote, the f requency of future non-binding advisory votes on executive compensation (

Proposal 3

)










4.




To ratify the appointment of RBSM LLP(RBSM) as auditors of the Company for the fiscal year ending December 31, 2020 (

Proposal 4)

; and










5.




To transact such other business as may properly come before the meeting (

Proposal

5

)






The proposals are described in detail in the Companys definitive proxy statement for the Annual Meeting filed with the Securities and Exchange Commission on June 9, 2020.



The number of shares of common stock entitled to vote at the Annual Meeting was 4,494,608. The number of shares of common stock present or represented by valid proxy at the Annual Meeting was 2,435,860. Proposals 1, 2, 3, 4 and 5 submitted to a vote of the Companys stockholders at the Annual Meeting were approved.



The votes cast with respect to each matter voted upon are set forth below.



Proposal 1

:



Frank Cesario






Votes For




Votes Against




Withheld




Brokers Non-Votes






2,433,473




0




2,387




0







Bret Tayne

.






Votes For




Votes Against




Withheld




Brokers Non-Votes






2,432,973




0




2,887




0







John Klimek






Votes For




Votes Against




Withheld




Brokers Non-Votes






2,432,973




0




2,887




0







Art Gisonni






Votes For




Votes Against




Withheld




Brokers Non-Votes






2,433,873




0




1,987




0







Yubao Li






Votes For




Votes Against




Withheld




Brokers Non-Votes






2,433,862




0




1,998




0




















Wan Zhang






Votes For




Votes Against




Withheld




Brokers Non-Votes






2,435,838




0




22




0







Yaping

Zhang






Votes For




Votes Against




Withheld




Brokers Non-Votes






2,435,838




0




22




0







Proposal 2

:






Votes For




Votes Against




Abstain




Brokers Non-Votes






2,435,729




131




0




0







Proposal 3:






Three Years




Two Years




One Year




Abstain






1,865,992




17




569,884




7







Proposal 4:






Votes For




Votes Against




Abstentions






2,435,853




0




7







Proposal 5:






Votes For




Votes Against




Abstentions






2,007,381




28,462




17




















SIGNATURE



Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized.



Date: June 29, 2020









YUNHONG CTI LTD.

















By:




/s/ Frank Cesario












Frank Cesario












President, Chief Executive Officer and Chief Financial Officer















makes a similar move, sign up!

Auto Refresh

Feedback