ABERDEEN INDIA FUND, INC.
For the period ended May 28, 2025. Filed Apr 14, 2025.
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What shareholders are asked to vote on at a company's meeting. It is where to find what directors and top executives are paid, and who owns the most shares.
May 28, 2025 · Filed Apr 14, 2025
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Contents
Background
In accordance with the Fund's Articles of Amendment and Restatement, the Board is divided into three classes: Class I, Class II and Class III. Board members are divided among the Classes in as equal a number as possible, with each Class having a term of three years and one class being elected each year. If elected, each Director is entitled to hold office until the Annual Meeting of Stockholders held in the year in which his or her term expires, as noted below, or until his or her successor is elected and qualified.
At the Meeting, stockholders will be asked to elect one Class I Director to hold office until the 2027 Annual Meeting of Stockholders and one Class III Director to hold office until the 2028 Annual Meeting of Stockholders, or thereafter until their respective successors are elected and qualified. Mr. Rahn Porter is the nominee for election as a Class I Director. Mr. Porter was appointed by the Board to replace Mr. Jeswald Salacuse following his retirement from the Board in June 2024. Mr. Porter is presented for stockholder consideration pursuant to the Fund's By-Laws, which require Board appointed Directors to be presented for stockholder consideration at the next Annual Meeting of Stockholders following their appointment. Ms. Nancy Yao is the nominee for election as a Class III Director as her term expires at this Meeting. The qualifications of Mr. Porter and Ms. Yao are described in more detail below. Despite the term of Ms. Yao as a Class III Director, pursuant to the Fund's Corporate Governance Policies described below, Ms. Yao will be put forth for consideration by stockholders annually, hereafter, if elected at this Meeting.
The Board, including the Independent Directors, unanimously recommends that stockholders vote "FOR" each nominee as a Director.
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