Lineage Cell Therapeutics Inc.

06/12/2026 | Press release | Distributed by Public on 06/12/2026 14:32

Proxy Results (Form 8-K)

Item 5.07 Submission of Matters to a Vote of Security Holders.

The annual meeting of shareholders (the "Annual Meeting") of Lineage Cell Therapeutics, Inc. (the "Company"), was held on June 10, 2026 and involved the election of directors of the Company and two other matters voted upon by the Company's shareholders. The matters voted upon at the Annual Meeting are described in detail in the Company's definitive proxy statement for the Annual Meeting (the "Proxy Statement"), which was filed with the U.S. Securities and Exchange Commission on April 29, 2026, and is incorporated herein by reference. Below is a brief description of each such matter and the final voting results, including the number of votes cast for, withheld or against, the number of abstentions and the number of broker non-votes with respect to each matter, as applicable. Voting results are, when applicable, reported by rounding fractional share voting down to the nearest whole number.

1.
Shareholders elected the seven nominees named below to the Company's board to hold office until the Company's 2027 annual meeting of shareholders and until their respective successors are duly elected and qualified by the following votes:

Nominee

Votes For

Votes Withheld

Broker Non-Votes

Michael H. Mulroy

90,383,337

1,201,448

73,917,854

Dipti Amin

90,428,362

1,156,423

73,917,854

Deborah Andrews

90,328,622

1,256,163

73,917,854

Angus C. Russell

90,464,859

1,119,926

73,917,854

Neal C. Bradsher

90,514,702

1,070,083

73,917,854

Brian M. Culley

89,917,990

1,666,795

73,917,854

Anula Jayasuriya

90,549,317

1,035,468

73,917,854

2.
Shareholders ratified the appointment of Baker Tilly US, LLP as the Company's independent registered public accounting firm for the fiscal year ending December 31, 2026 by the following votes:

Votes For

Votes Against

Abstentions

Broker Non-Votes

163,825,928

659,670

1,017,041

-

3.
Shareholders approved, on an advisory basis, the compensation paid to the Company's named executive officers, as set forth in the Proxy Statement, by the following votes:

Votes For

Votes Against

Abstentions

Broker Non-Votes

88,328,168

2,600,932

655,685

73,917,854

Item 8.01 Other Events.

As previously reported, in January 2026, the Company applied for a Clinical Trial (CLIN2) award (the "CIRM Grant") from the California Institute for Regenerative Medicine ("CIRM") to support continued clinical development of OPC1 for the treatment of spinal cord injuries ("SCI"). On June 9, 2026, following comments to the application received by the Company from CIRM, the Company elected to withdraw its application for the CIRM Grant. The withdrawal of the application does not impact the Company's current and planned development of OPC1 in the ongoing DOSED (Delivery of Oligodendrocyte Progenitor Cells for Spinal Cord Injury: Evaluation of a Novel Device) clinical study to evaluate the safety and utility of a novel spinal cord delivery device designed to administer OPC1 to the spinal parenchyma in both subacute (between 21 to 42 days following injury) and chronic (between 1 to 5 years following injury) SCI participants.

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