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ENLT meeting: auditor re-appointed; executive compensation and board elections approved

Filing Impact
(Low)
Filing Sentiment
(Neutral)
Form Type
6-K

Rhea-AI Filing Summary

Enlight Renewable Energy Ltd. shareholders approved routine corporate governance items at the October 2025 general meeting. Shareholders re-appointed Somekh Chaikin (KPMG member firm) as the independent registered public accounting firm for 2025 and authorized the Board, after Audit Committee approval, to ratify the firm’s fees based on services provided. The meeting approved the election of multiple directors to hold office until the 2026 annual meeting.

The shareholders also approved amendments to the executive and director Compensation Policy, and ratified the compensation packages for newly appointed executives: Adi Leviatan (CEO), Gilad Yavetz (Executive Chairman) and Yair Seroussi (Vice Chairman). Voting totals show substantial support for most proposals but a significant opposition block on the Vice Chairman compensation item. The report’s information is incorporated by reference into the company’s Form S-8 registration statement.

Positive

  • Independent auditor re-appointed: Somekh Chaikin (KPMG member firm) approved as the Company’s independent registered public accounting firm for 2025.
  • Director elections passed: Multiple nominees were elected to the Board to serve until the 2026 annual meeting.
  • Compensation policy amended and approved: Shareholders approved updates to the executive officer and director Compensation Policy.
  • Executive compensation approvals: Compensation for newly appointed CEO Adi Leviatan and Executive Chairman Gilad Yavetz received strong shareholder support.

Negative

  • Significant dissent on Vice Chairman pay: The compensation for Mr. Yair Seroussi received 26,715,622 votes against, indicating material shareholder opposition.
  • Concentrated opposition on some director elections: Several director nominees received notable 'Against' votes (for example 18,936,364 and 17,777,212 against on two ballots), suggesting pockets of shareholder disagreement.

Insights

TL;DR: Routine governance matters passed, but notable shareholder opposition on one executive compensation item warrants attention.

The meeting completed standard governance actions: auditor re-appointment, director elections, and approval of an updated compensation policy. These approvals align management and board structure with the company’s stated governance timetable. The compensation packages for three newly appointed senior executives were approved with high affirmative votes for the CEO and Executive Chairman. However, the Vice Chairman compensation drew substantial dissent with 26,715,622 votes against, indicating a sizable shareholder concerns segment. For governance oversight, the board should review shareholder feedback and engagement records to address the opposition driver.

TL;DR: Outcomes are largely routine and non-financial, with limited immediate market impact beyond governance signalling.

The re-appointment of Somekh Chaikin ensures continuity in external audit coverage. Director elections and the compensation policy amendment were approved, supporting management continuity. The strong approvals for the CEO (92,623,903 for) and Executive Chairman (91,550,859 for) suggest institutional backing for leadership changes. The marked opposition to the Vice Chairman compensation could reflect concerns about pay specifics or governance practices; while not a direct financial event, it may affect investor sentiment and warrants disclosure monitoring. Overall, these are corporate housekeeping items with neutral direct impact on financial statements, but they carry governance importance.



UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
 
FORM 6-K
 
REPORT OF FOREIGN PRIVATE ISSUER
PURSUANT TO RULE 13A-16 OR 15D-16
UNDER THE SECURITIES EXCHANGE ACT OF 1934
 
For the month of October 2025
 
Commission File Number: 001-41613
 
Enlight Renewable Energy Ltd.
(Translation of registrant’s name into English)

13 Amal St., Afek Industrial Park
Rosh Ha’ayin, Israel
+ 972 (3) 900-8700
(Address of principal executive office)
 
Indicate by check mark whether the registrant files or will file annual reports under cover of Form 20-F or Form 40-F.
 
Form 20-F ☒        Form 40-F ☐
 

On September 30, 2025, Enlight Renewable Energy Ltd. (the “Company”) held a Special and Annual General Meeting of shareholders (the “Meeting”) at the Company's offices at 13 Amal St., Afek Industrial Park, Rosh Ha’ayin 4809249, Israel.
 
At the Meeting, the Company’s shareholders voted upon and approved, by the applicable required majority in accordance with the Israeli Companies Law, 5759-1999 and the Company’s articles of association, each of the proposals set forth in the Company’s notice and proxy statement related to the Meeting, which was attached as Exhibit 99.1 to the Company’s report of foreign private issuer on Form 6-K furnished to the Securities and Exchange Commission on August 7, 2025 (“Proxy Statement”), as detailed below:
 

(1)
The shareholders approved the re-appointment of Somekh Chaikin, a member firm of KPMG International, as the Company’s independent registered public accounting firm for the year ending December 31, 2025, and until the next annual general meeting of shareholders, and to authorize the Company’s Board of Directors, following the approval of the Audit Committee, to approve and ratify the remuneration of such firm in accordance with the volume and nature of their services.
 
For
% of shares voted For of total shares voted (excluding abstentions)
Against
% of shares voted Against of total shares voted (excluding abstentions)
Abstain
89,753,428
99.9%
52,643
0.1%
7,081,093


(2)
The shareholders approved the election of each of the following nominees to the Board of Directors, to hold office until close of the Company’s annual general meeting to be held in 2026, and until his or her successor has been duly elected or appointed, or until his or her office has been vacated pursuant to any applicable law or the Articles of Association:
 
Nominee
For
% of shares voted For of total shares voted (excluding abstentions)
Against
% of shares voted Against of total shares voted (excluding abstentions)
Abstain
Mr. Gilad Yavetz
90,263,311
92.2%
7,617,594
7.8%
6,833
Mr. Yair Seroussi
78,950,828
80.7%
18,936,364
19.3%
2,103
Ms. Liat Benyamini
97,677,710
99.8%
209,466
0.2%
2,119
Ms. Michal Tzuk
97,084,411
99.2%
802,764
0.8%
2,120
Ms. Alla Felder
80,109,964
81.8%
17,777,212
18.2%
2,119
Dr. Shai Weil
97,372,429
99.5%
514,763
0.5%
2,103
Mr. Yitzhak Betzalel
97,519,604
99.6%
367,671
0.4%
2,020
Mr. Zvi Furman
96,446,557
98.5%
1,440,719
1.5%
2,019


(3)
The shareholders approved amendments to the Compensation Policy for executive officers and directors, substantially in the form attached to the Proxy Statement as Exhibit A.
 
For
% of shares voted For of total shares voted (excluding abstentions)
Against
% of shares voted Against of total shares voted (excluding abstentions)
Abstain
83,666,977
85.5%
14,219,898
14.5%
2,421

2


(4)
The shareholders approved the compensation of Ms. Adi Leviatan, our newly appointed Chief Executive Officer.
 
For
% of shares voted For of total shares voted (excluding abstentions)
Against
% of shares voted Against of total shares voted (excluding abstentions)
Abstain
92,623,903
94.6%
5,263,280
5.4%
2,112


(5)
The shareholders approved the compensation of Mr. Gilad Yavetz, our newly appointed full-time Executive Chairman of the Board of Directors.
 
For
% of shares voted For of total shares voted (excluding abstentions)
Against
% of shares voted Against of total shares voted (excluding abstentions)
Abstain
91,550,859
93.5%
6,336,334
6.5%
2,103
 

(6)
The shareholders approved the compensation of Mr. Yair Seroussi, our newly appointed Vice Chairman of the Board of Directors.
 
For
% of shares voted For of total shares voted (excluding abstentions)
Against
% of shares voted Against of total shares voted (excluding abstentions)
Abstain
71,171,554
72.7%
26,715,622
27.3%
2,120

Incorporation by Reference
 
Other than as indicated below, the information in this Form 6-K shall not be deemed “filed” for purposes of Section 18 of the Securities Exchange Act of 1934, as amended (the “Exchange Act”), or otherwise subject to the liabilities of that section, nor shall it be deemed incorporated by reference in any filing under the Securities Act of 1933, as amended, or the Exchange Act.
 
The information contained in this Report on Form 6-K is hereby incorporated by reference into the Company’s Registration Statement on Form S-8 (File No. 333-271297).
 
3

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

 
Enlight Renewable Energy Ltd.
     
Date: October 1, 2025
By:
/s/ Lisa Haimovitz
   
Lisa Haimovitz
   
VP GC

4

FAQ

What key approvals did ENLT shareholders vote on at the October 2025 meeting?

Shareholders approved the re-appointment of Somekh Chaikin as auditor, elected directors for terms to 2026, amended the Compensation Policy, and approved compensation for three newly appointed executives.

Did shareholders approve the CEO compensation for ENLT (ENLT)?

Yes. The compensation for newly appointed CEO Adi Leviatan was approved with 92,623,903 votes in favor and 5,263,280 votes against.

Was the independent auditor for ENLT changed at the meeting?

No. Shareholders re-appointed Somekh Chaikin (a member firm of KPMG International) as the Company’s independent registered public accounting firm for 2025.

Which executive compensation drew notable shareholder opposition?

The compensation for Vice Chairman Yair Seroussi drew significant opposition with 26,715,622 votes against the proposal.

Are the meeting results incorporated into any SEC filing for ENLT?

Yes. The information in this Form 6-K is incorporated by reference into the Company’s Form S-8 (File No. 333-271297) registration statement.
Enlight Renewabl

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Utilities - Renewable
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Rosh Haayin