Shareholder Vote

UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549     FORM 8-K     CURRENT REPORT PURSUANT TO SECTION 13 OR 15(D) OF THE SECURITIES EXCHANGE ACT OF 1934 Date of Report (Date of earliest event reported): May 9, 2024     KeyCorp   (Exact name of registrant as specified in charter)     001-11302 (Commission File Number)   Ohio   34-6542451 (State or other jurisdiction of incorporation)   (I.R.S. Employer Identification No.) 127 Public Square Cleveland , Ohio 44114-1306 (Address of principal executive offices and zip code) (216) 689-6300 (Registrant’s telephone number, including area code)     Check the appropriate box below if the Form 8-K filing is intended to simultaneously satisfy the filing obligation of the registrant under any of the following provisions:   ☐ Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425)   ☐ Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12)   ☐ Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b))   ☐ Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c)) Securities Registered Pursuant to Section 12(b) of the Act:   Title of each class   Trading Symbol(s)   Name of each exchange on which registered Common Shares, $1 par value   KEY   New York Stock Exchange Depositary Shares (each representing a 1/40th interest in a share of Fixed-to-Floating Rate Perpetual Non-Cumulative Preferred Stock, Series E)   KEY PrI   New York Stock Exchange Depositary Shares (each representing a 1/40th interest in a share of Fixed Rate Perpetual Non-Cumulative Preferred Stock, Series F)   KEY PrJ   New York Stock Exchange Depositary Shares (each representing a 1/40th interest in a share of Fixed Rate Perpetual Non-Cumulative Preferred Stock, Series G)   KEY PrK   New York Stock Exchange Depositary Shares (each representing a 1/40th interest in a share of Fixed Rate Reset Perpetual Non-Cumulative Preferred Stock, Series H)   KEY PrL   New York Stock Exchange Indicate by check mark whether the registrant is an emerging growth company as defined in Rule 405 of the Securities Act of 1933 (§230.405 of this chapter) or Rule 12b-2 of the Securities Exchange Act of 1934 (§240.12b-2 of this chapter). Emerging growth company ☐ If an emerging growth company, indicate by check mark if the registrant has elected not to use the extended transition period for complying with any new or revised financial accounting standards provided pursuant to Section 13(a) of the Exchange Act. ☐       Item 5.07 Submission of Matters to a Vote of Security Holders. At the 2024 Annual Meeting of Shareholders of KeyCorp held on May 9, 2024 (the “Annual Meeting”), shareholders elected all thirteen of the directors nominated by the KeyCorp Board of Directors. Each director received a greater number of votes cast for his or her election than votes against his or her election, as stated below. The shareholders also ratified the appointment of Ernst & Young LLP as KeyCorp’s independent auditors for the 2024 fiscal year, approved on an advisory basis KeyCorp’s executive compensation (as described in KeyCorp’s Definitive Proxy Statement on Schedule 14A filed with the Securities and Exchange Commission on March 22, 2024), and rejected a shareholder proposal seeking to separate the offices of Chairman and Chief Executive Officer and the appointment of an independent chairperson. The final voting results from the Annual Meeting are as follows, rounded down to the nearest whole share: Proposal One—Election of Directors   NOMINEE    FOR      AGAINST      ABSTAIN      BROKER NON-VOTE   Alexander M. Cutler      644,971,851        50,543,375        2,221,405        101,264,881   H. James Dallas      666,619,330        29,345,683        1,771,617        101,264,881   Elizabeth R. Gile      667,524,147        28,549,574        1,662,909        101,264,881   Ruth Ann M. Gillis      671,709,396        24,366,935        1,660,300        101,264,881   Christopher M. Gorman      652,380,745        43,500,545        1,855,340        101,264,881   Robin N. Hayes      691,071,268        4,805,761        1,859,601        101,264,881   Carlton L. Highsmith      682,886,199        13,009,530        1,840,265        101,264,881   Richard J. Hipple      663,946,779        31,941,557        1,848,158        101,264,881   Devina A. Rankin      691,035,796        4,913,555        1,787,279        101,264,881   Barbara R. Snyder      655,799,406        40,183,330        1,753,894        101,264,881   Richard J. Tobin      686,401,512        9,457,791        1,877,327        101,264,881   Todd J. Vasos      686,605,649        9,194,176        1,936,806        101,264,881   David K. Wilson      691,331,088        4,543,858        1,861,684        101,264,881   Proposal Two—Ratification of the Appointment of Ernst & Young LLP as KeyCorp’s Independent Auditors for 2024   FOR   AGAINST   ABSTAIN 767,644,410   29,940,101   1,417,000 Proposal Three—Advisory Approval of KeyCorp’s Executive Compensation   FOR   AGAINST   ABSTAIN   BROKER NON-VOTE 623,850,782   68,847,852   5,037,996   101,264,881 Proposal Four—Shareholder Proposal Seeking an Independent Board Chairperson   FOR   AGAINST   ABSTAIN   BROKER NON-VOTE 175,521,957   519,822,260   2,392,413   101,264,881 SIGNATURE Pursuant to the requirements of the Securities Exchange Act of 1934, the Registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized.         KEYCORP Date: May 10, 2024             /s/ Andrea R. McCarthy       Name: Andrea R. McCarthy       Title: Assistant Secretary