{"url_path":"/sec/skil/8-k/2026-06-30/item-5-02","section_key":"item-5-02","section_title":"Item 5.02 Departure of Directors or Certain Officers**;**Election of Directors**;**Appointment of Certain Officers**;**Compensatory Arrangements of Certain Officers.**","topic":"sec","document":{"doc_type":"8-K","doc_date":"2026-06-30","source_url":"https://www.sec.gov/Archives/edgar/data/1774675/0001437749-26-022146-index.html","accession_number":"0001437749-26-022146","cik":"0001774675","ticker":"SKIL","issuer_name":"Skillsoft Corp.","edgar_url":"https://www.sec.gov/Archives/edgar/data/1774675/0001437749-26-022146-index.html","primary_entity_key":"0001774675","primary_entity_name":"Skillsoft Corp."},"word_count":712,"has_tables":true,"body_markdown":"**Item 5.02 Departure of Directors or Certain Officers**;**Election of Directors**;**Appointment of Certain Officers**;**Compensatory Arrangements of Certain Officers.**\n\n \n\n***Second Amendment to the Skillsoft Corp. 2020 Omnibus Incentive Plan***\n\n \n\nAs described under Item 5.07 below, the stockholders of Skillsoft Corp. (the “Company,” “we” or “our”), at the Company’s 2026 Annual Meeting of Stockholders held on June 25, 2026 (the “Annual Meeting”), approved the Second Amendment (“Second Amendment”) to the Skillsoft Corp. 2020 Omnibus Incentive Plan, as previously amended on June 6, 2024 by the First Amendment thereto (as so amended, the “2020 Plan”), to increase the number of shares of the Company’s Class A Common Stock, par value $0.0001 per share (“Common Stock”) available for issuance under the 2020 Plan by 550,000 shares. The Company’s Board of Directors approved the Second Amendment on March 25, 2026, subject to stockholder approval. The Second Amendment became effective June 25, 2026, and increased the number of shares of Common Stock available for issuance under the 2020 Plan from 3,755,658 to 4,305,658, subject to annual increases and adjustment provisions already included in the 2020 Plan. A summary of the material terms of the 2020 Plan is set forth in Proposal No. 3 of the Company’s Definitive Proxy Statement on Schedule 14A filed with the Securities and Exchange Commission on May 8, 2026 (the “Proxy Statement”), which summary is incorporated by reference herein. The foregoing description and such summary are qualified in their entirety by reference to the full text of the original 2020 Plan, as amended by the First and Second Amendments thereto, copies of which are attached hereto as Exhibits 99.1, 99.2 and 99.3, respectively and incorporated herein by reference. All executive officers of the Company are eligible for awards under the 2020 Plan.\n\n \n\n**Item** **5.07. Submission of Matters to a Vote of Security Holders.** \n\n \n\nOn June 25, 2026, the Company held the Annual Meeting. The following matters were voted upon at the Annual Meeting: (i) election of three Class II directors to a term of three years each, or until their successors have been elected and qualified; (ii) approval, on an advisory basis, of the compensation of our named executive officers; (iii) approval of the Second Amendment to the 2020 Plan to increase the number of shares of common stock available for issuance thereunder; and (iv) ratification of the appointment of Ernst & Young LLP as our independent registered public accounting firm for the fiscal year ending January 31, 2027. The Company also solicited proxies with respect to the adjournment of the Annual Meeting to a later date or dates, if necessary or appropriate, to solicit additional proxies if there were insufficient votes at the time of the Annual Meeting to approve the presented proposals or to constitute a quorum (the “Adjournment Proposal”). As a quorum was present, and there were sufficient votes to adopt the other proposals, adjournment of the Annual Meeting was unnecessary and the Adjournment Proposal was not presented to the Company’s stockholders. Each of the proposals is described in greater detail in the Company’s Proxy Statement.\n\n \n\nThere were 8,955,077 shares of Common Stock issued and outstanding at the close of business on May 4, 2026, the record date (the “Record Date”) for the Annual Meeting. At the Annual Meeting, there were 7,459,043 shares of Common Stock present in person or by proxy, representing approximately 83.29% of the total outstanding shares of Common Stock as of the Record Date, which constituted a quorum.\n\n \n\nA summary of the voting results for each proposal is set forth below.\n\n \n\n***Proposal No. 1 - Election of Class II Directors:***\n\n \n\n**Name**\n\n \n\n**Votes For**\n\n**Votes Withheld**\n\n**Broker Non-Votes**\n\nMichael S. Klein\n\n \n\n5,903,836\n\n461,485\n\n1,093,722\n\nDenis Nikolaev\n\n \n\n6,316,961\n\n48,360\n\n1,093,722\n\nArthur Gilliland\n\n \n\n6,322,093\n\n43,228\n\n1,093,722\n\n \n\n \n\n***Proposal No. 2***–***Approval, on an advisory basis, the compensation of our named executive officers***\n\n \n\n**Votes For**\n\n \n\n**Votes Against**\n\n**Abstentions**\n\n**Broker Non-Votes**\n\n5,491,157\n\n \n\n868,427\n\n5,737\n\n1,093,722\n\n \n\n \n\n***Proposal 3: Approval of the Second Amendment to the Skillsoft Corp. 2020 Omnibus Incentive Plan to Increase the Number of Shares of Common Stock Available for Issuance thereunder***\n\n \n\n**Votes For**\n\n \n\n**Votes Against**\n\n**Abstentions**\n\n**Broker Non-Votes**\n\n5,191,165\n \n\n1,170,074\n\n4,082\n\n1,093,722\n\n \n\n \n\n***Proposal No. 4 - Ratification of Appointment of Independent Registered Public Accounting Firm:***\n\n \n\n**Votes For**\n\n \n\n**Votes Against**\n\n**Abstentions**\n\n**Broker Non-Votes**\n\n7,452,117\n\n \n\n1,554\n\n5,372\n\n-\n\n \n\n \n\n**Section 9 - Financial Statements and Exhibits**"}