Norwegian Cruise Line (NCLH) Board adopts annual Say-on-Pay vote schedule through 2032
Rhea-AI Filing Summary
Norwegian Cruise Line Holdings Ltd. reported that its Board of Directors has set the frequency of non-binding shareholder advisory votes on named executive officer compensation. Following shareholder preferences expressed at the 2026 Annual General Meeting held on June 11, 2026, and consistent with the Board’s prior recommendation, the Board decided on August 11, 2026 that Say-on-Pay Votes will be held on an annual basis. This annual schedule will continue until the next required advisory vote on the frequency of Say-on-Pay Votes, which will occur no later than the Company’s 2032 annual meeting, unless the Board determines otherwise.
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8-K Event Classification
Item 5.07 — Submission of Matters to a Vote of Security Holders
1 item
Item 5.07
Submission of Matters to a Vote of Security Holders
Governance
Results of a shareholder vote on proposals at an annual or special meeting.
Key Figures
Annual General Meeting date: June 11, 2026
Board decision date on Say-on-Pay frequency: August 11, 2026
Outer limit for next frequency vote: 2032
3 metrics
Annual General Meeting date
June 11, 2026
Date of the 2026 Annual General Meeting where shareholders voted on Say-on-Pay frequency
Board decision date on Say-on-Pay frequency
August 11, 2026
Date the Board determined Say-on-Pay Votes will be held annually
Outer limit for next frequency vote
2032
Next required advisory vote on Say-on-Pay frequency will occur no later than the 2032 annual meeting
Key Terms
Say-on-Pay Vote, Say-on-Frequency Proposal, non-binding shareholder advisory votes, proxy statement
4 terms
Say-on-Pay Vote financial
"non-binding shareholder advisory votes on the compensation of our named executive officers (the “Say-on-Pay Vote”)"
A say-on-pay vote is a shareholder advisory vote on a company’s executive compensation package, usually held at the annual meeting to approve or voice disapproval of how top managers are paid. Think of it as a feedback button for owners: while the vote is often nonbinding, a strong negative outcome warns of governance problems, can force pay-policy changes, damage board credibility and ultimately influence long-term shareholder returns.
Say-on-Frequency Proposal financial
"whether non-binding shareholder advisory votes on the compensation... (the “Say-on-Frequency Proposal”)"
proxy statement financial
"consistent with the recommendation of our Board as set forth in our proxy statement for the Annual Meeting"
A proxy statement is a document companies send to shareholders ahead of a meeting that lays out the items up for a vote—like who will sit on the board, executive pay, and major corporate decisions—and provides background so shareholders can decide how to cast their votes or appoint someone to vote for them. Think of it as an agenda plus a ballot and briefing notes, important because the outcomes can change control, strategy, and value.
AI-generated analysis. How Rhea-AI works. Not financial advice.
FAQ
What governance decision did Norwegian Cruise Line (NCLH) disclose in this 8-K/A?
Norwegian Cruise Line Holdings Ltd. disclosed that its Board decided to hold annual Say-on-Pay Votes on executive compensation, aligning with shareholder preferences expressed at the 2026 Annual General Meeting.
How often will NCLH hold Say-on-Pay Votes on executive compensation?
NCLH’s Board determined that Say-on-Pay Votes will be held every year. This annual frequency reflects shareholder preference from the 2026 Annual General Meeting and will continue until the next required frequency vote.
When did NCLH’s Board make the Say-on-Pay frequency decision?
The Board made the Say-on-Pay frequency decision on August 11, 2026. The determination followed an advisory shareholder vote at the 2026 Annual General Meeting held on June 11, 2026.
Until when is NCLH’s annual Say-on-Pay schedule expected to remain in place?
The annual Say-on-Pay schedule will remain in place until the next required advisory frequency vote, which will occur no later than the 2032 annual meeting, unless the Board changes the policy earlier.
Does this NCLH filing change prior voting results from the 2026 Annual Meeting?
No, the filing states that its sole purpose is to disclose the Board’s decision on Say-on-Pay frequency. It does not change or restate the previously reported final voting results from the 2026 Annual General Meeting.