Summary of FEDEX CORP - Yahoo! Finance

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

(a) FedEx's annual meeting of stockholders was held on September 24, 2012.

(b) The stockholders took the following actions at the annual meeting:

Proposal 1: The stockholders elected twelve directors, each of whom will hold office until the annual meeting of stockholders to be held in 2013 and until his or her successor is duly elected and qualified. Each director received more votes cast "for" than votes cast "against" his or her election. The tabulation of votes with respect to each nominee for director was as follows:

                             Votes            Votes                              Broker
   Nominee                    For            Against         Abstentions       Non-Votes
   Frederick W. Smith      246,648,938        6,089,456           302,416       26,072,389
   James L. Barksdale      250,781,558        1,970,635           288,617       26,072,389
   John A. Edwardson       251,884,993          823,487           332,330       26,072,389
   Shirley Ann Jackson     230,731,760       21,975,729           333,321       26,072,389
   Steven R. Loranger      245,543,838        7,107,963           389,009       26,072,389
   Gary W. Loveman         247,343,276        5,355,763           341,771       26,072,389
   R. Brad Martin          250,104,249        2,595,241           341,320       26,072,389
   Joshua Cooper Ramo      251,653,562        1,036,980           350,268       26,072,389
   Susan C. Schwab         246,650,886        6,072,017           317,907       26,072,389
   Joshua I. Smith         248,341,840        4,361,049           337,911       26,072,399
   David P. Steiner        247,227,938        5,480,835           332,037       26,072,389
   Paul S. Walsh           170,783,965       81,915,717           340,465       26,073,052

Proposal 2: The Audit Committee's designation of Ernst & Young LLP as FedEx's independent registered public accounting firm for the fiscal year ending May 31, 2013 was ratified by stockholders. The tabulation of votes on this matter was as follows:

Х 277,552,435 votes for (99.4% of the voted shares)

Х 1,186,406 votes against (0.4% of the voted shares)

Х 374,358 abstentions (0.1% of the voted shares)

Х There were no broker non-votes for this item

Proposal 3: The compensation of FedEx's named executive officers was approved, on an advisory basis, by stockholders. The tabulation of votes on this matter was as follows:

Х 241,731,055 votes for (95.5% of the voted shares)

Х 10,462,746 votes against (4.1% of the voted shares)

Х 846,471 abstentions (0.3% of the voted shares)

Х 26,072,927 broker non-votes

Proposal 4: A stockholder proposal requesting that the Board of Directors adopt a policy that the Chairman of the Board be an independent director who has not previously served as an executive officer of FedEx was not approved by stockholders. The tabulation of votes on this matter was as follows:

Х 71,803,086 votes for (28.4% of the voted shares)

Х 179,701,999 votes against (71.0% of the voted shares)

Х 1,535,600 abstentions (0.6% of the voted shares)

Х 26,072,514 broker non-votes

Proposal 5: A stockholder proposal requesting that FedEx publish a report, updated semi-annually, disclosing information about FedEx's political contributions was not approved by stockholders. The tabulation of votes on this matter was as follows:

Х 54,634,076 votes for (21.6% of the voted shares)

Х 159,489,618 votes against (63.0% of the voted shares)

Х 38,916,991 abstentions (15.4% of the voted shares)

Х 26,072,514 broker non-votes