Vita Coco (NASDAQ:COCO) stockholders approved all three proposals presented at the company’s 2026 Annual Meeting of Stockholders, according to a transcript of the virtual meeting held June 3.
Mike Kirban, Co-Founder and Executive Chairman of The Vita Coco Company, chaired the meeting and welcomed stockholders, board members, company leadership, employees and representatives, including a representative from Deloitte & Touche LLP, the company’s independent auditor.
“We are truly grateful for his years of service, dedication, and many contributions to the company,” Kirban said. “On behalf of the board of directors and the entire Vita Coco team, we thank John and wish him the best of luck.”
Stockholders Approve Director Nominees
Alison Klein, the company’s General Counsel and Secretary, outlined the formal business of the meeting. She said stockholders of record as of the close of business on April 7, 2026, or holders of a valid proxy, were entitled to vote. A quorum was present, allowing the meeting to proceed.
The first proposal was the election of Shelley Broader, Michael Kirban and Kenneth Sadowsky as Class II directors. The nominees were elected to serve terms expiring at the company’s annual meeting of stockholders to be held in 2029, according to the preliminary report from Francis Byrd, the Inspector of Election from Broadridge.
Deloitte Appointment Ratified
Stockholders also ratified the Audit Committee’s appointment of Deloitte & Touche LLP as the company’s independent registered public accounting firm for the year ending Dec. 31, 2026.
Klein noted during the meeting that representatives from Deloitte were available for the question-and-answer portion of the meeting.
Advisory Vote on Executive Compensation Approved
The third proposal was an advisory vote on executive compensation. Byrd said the proposal was approved based on the preliminary vote report.
The board of directors had recommended that stockholders vote in favor of all three proposals. The company said the final vote tally will be published within four business days in a current report on Form 8-K to be filed with the Securities and Exchange Commission.
No Stockholder Questions Submitted
After the formal business portion of the meeting was adjourned, the company opened a question-and-answer session. The company said management’s responses could include forward-looking statements and referred stockholders to risk factors in its SEC filings.
Kirban said the management team was available to answer questions, but the operator said no questions had been submitted. Kirban then concluded the annual meeting and thanked attendees for their interest in The Vita Coco Company.
About Vita Coco (NASDAQ:COCO)
Vita Coco, Inc (NASDAQ: COCO) is a global beverage company specializing in coconut-based products. Founded in 2004 by Michael Kirban and Ira Liran, the company pioneered the introduction of refrigerated coconut water to U.S. consumers. Headquartered in New York City, Vita Coco sources coconuts from growers in tropical regions such as the Philippines, Indonesia and Brazil, partnering with local farmers to promote sustainable agriculture and community development.
The company’s flagship offering, Vita Coco Original Coconut Water, is available in multiple pack sizes and a variety of flavors.
