SpartanNash Company

09/09/2025 | Press release | Distributed by Public on 09/09/2025 15:10

Proxy Results (Form 8-K)

Item 5.07 Submission of Matters to a Vote of Security Holders

On September 9, 2025, SpartanNash Company, a Michigan corporation ("SpartanNash"), held a virtual special meeting of shareholders (the "Special Meeting") to consider and vote on certain proposals related to the Agreement and Plan of Merger, dated as of June 22, 2025 (the "Merger Agreement"), by and among SpartanNash, New Mackinac HoldCo, Inc. a Delaware corporation ("Parent"), Mackinac Merger Sub, Inc., a Delaware corporation ("Merger Sub"), and C&S Wholesale Grocers, LLC, a Delaware limited liability company. Pursuant to the terms of the Merger Agreement, subject to the terms and conditions set forth therein, Merger Sub will merge with and into SpartanNash (the "Transaction"), with SpartanNash continuing as the surviving company in the Transaction and as a wholly-owned subsidiary of Parent.

At the Special Meeting, the matters disclosed in SpartanNash's definitive proxy statement on Schedule 14A filed with the Securities and Exchange Commission (the "SEC") on July 31, 2025 (the "Proxy Statement") and mailed to SpartanNash's shareholders commencing on or about the same day were presented to the shareholders.

As of the close of business on July 29, 2025, the record date for the Special Meeting, there were 33,858,092 shares of common stock of SpartanNash, no par value (the "Common Stock") issued and outstanding. At the Special Meeting, the holders of a total of 27,985,929 shares of Common Stock, representing approximately 82.65 % of the total voting power of the issued and outstanding shares of Common Stock as of the record date, were present virtually or by proxy, constituting a quorum.

Proposal 1: The Merger Proposal

At the Special Meeting, the proposal to approve the Merger Agreement (the "Merger Proposal") was approved, having received "for" votes from holders of at least a majority of the issued and outstanding shares of Common Stock entitled to vote on the action at the Special Meeting. Holders of approximately 82.1% of the outstanding shares of Common Stock voted to adopt the Merger Agreement. The final votes on the Merger Proposal were as follows:

FOR AGAINST ABSTENTIONS BROKER NON-VOTES
27,800,718 151,523 33,688 0

Proposal 2: The Compensation Proposal

At the Special Meeting, SpartanNash's shareholders voted upon the proposal to approve, on a non-binding, advisory basis, the compensation that will or may be paid by SpartanNash to its named executive officers that is based on or otherwise relates to the Transaction (the "Compensation Proposal"). The Compensation Proposal was approved, having received "for" votes from holders of at least a majority of the votes cast by the holders of shares of Common Stock entitled to vote on the action at the Special Meeting. The final votes on the Compensation Proposal were as follows:

FOR AGAINST ABSTENTIONS BROKER NON-VOTES
23,847,424 4,067,271 71,234 0

Proposal 3: The Adjournment Proposal

At the Special Meeting, SpartanNash's shareholders voted upon the proposal to approve an adjournment of the Special Meeting, from time to time, if necessary or appropriate, including to solicit additional proxies if there are insufficient votes at the time of the Special Meeting to approve the Merger Proposal or in the absence of a quorum (the "Adjournment Proposal"). The Adjournment Proposal was approved, having received "for" votes from holders of at least a majority of the votes cast by the holders of shares of Common Stock entitled to vote on the action at the Special Meeting. The final votes on the Adjournment Proposal were as follows:

FOR AGAINST ABSTENTIONS BROKER NON-VOTES
26,489,115 1,454,376 42,438 0

Cautions Regarding Forward Looking Statements

The matters discussed in this communication and in any related oral statements include "forward-looking statements" within the meaning of Section 27A of the Securities Act of 1933, as amended, and Section 21E of the Securities Exchange Act of 1934, as amended (the "Exchange Act"), including statements regarding the Transaction, shareholder and regulatory approvals and the expected timetable for completing the Transaction. These forward-looking statements may be identifiable by words or phrases indicating that SpartanNash and/or C&S "expects," "projects," "anticipates," "plans," "believes," "intends," or "estimates," or that a particular occurrence or event "may," "could," "should," "will" or "will likely" result, occur or be pursued or "continue" in the future, that the "outlook," "trend," "guidance" or "target" is toward a particular result or occurrence, that a development is an "opportunity," "priority," "strategy," "focus," that the combined company is "positioned" for a particular result, or similarly stated expectations. Undue reliance should not be placed on these forward-looking statements, which speak only as of the date made. Forward-looking statements are necessarily based on estimates and assumptions that are inherently subject to significant business, economic and competitive uncertainties and contingencies, many of which, with respect to future business decisions, are subject to change. These uncertainties and contingencies may affect actual results and could cause actual results to differ materially. These risks and uncertainties include the failure to obtain the required vote of SpartanNash's shareholders in connection with the Transaction; the timing to consummate the Transaction and the risk that the Transaction may not be completed at all or the occurrence of any event, change, or other circumstances that could give rise to the termination of the Merger Agreement, including circumstances requiring a party to pay the other party a termination fee pursuant to the Merger Agreement; the risk that the conditions to closing of the Transaction may not be satisfied or waived; the risk that a governmental or regulatory approval that may be required for the Transaction is not obtained or is obtained subject to conditions that are not anticipated; potential litigation relating to, or other unexpected costs resulting from, the Transaction; legislative, regulatory, and economic developments; risks that the proposed transaction disrupts SpartanNash's current plans and operations including the continued payment of quarterly dividends; the risk that certain restrictions during the pendency of the Transaction may impact SpartanNash's ability to pursue certain business opportunities or strategic transactions; the diversion of management's time on Transaction-related issues; continued availability of capital and financing and rating agency actions; the risk that any announcements relating to the Transaction could have adverse effects on the market price of SpartanNash's common stock, credit ratings or operating results; and the risk that the Transaction and its announcement could have an adverse effect on the ability to retain and hire key personnel, to retain customers and to maintain relationships with business partners, suppliers and customers. SpartanNash and C&S can give no assurance that the conditions to the Transaction will be satisfied, or that it will close within the anticipated time period.

SpartanNash Company published this content on September 09, 2025, and is solely responsible for the information contained herein. Distributed via SEC EDGAR on September 09, 2025 at 21:10 UTC. If you believe the information included in the content is inaccurate or outdated and requires editing or removal, please contact us at [email protected]