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AMBAC FINANCIAL GROUP INC FILES (8-K) Disclosing Submission of Matters to a Vote of Security Holders

May 22, 2014



Item 5.07 Submission of Matters to a Vote of Security Holders

The Annual Meeting of Stockholders of Ambac Financial Group, Inc. (the "Company") was held on May 22, 2014. Represented at the meeting were 38,318,071 shares, or approximately 85.1%, of the Company's 45,002,575 shares of common stock outstanding and entitled to vote at the meeting. Set forth below are the final voting results for the actions taken by the stockholders at the meeting.

1. The Company's stockholders elected the five (5) director nominees named below to a term expiring at the 2015 annual meeting or until their successors are elected and qualified, with each receiving the following votes: Name Number of Votes For Votes Withheld Broker Non-Votes Diana N. Adams 25,068,101 5,129,706 8,120,264 Victor Mandel 24,369,397 5,828,410 8,120,264 Nader Tavakoli 24,873,739 5,324,068 8,120,264 Eugene M. Bullis 25,088,160 5,109,647 8,120,264 Jeffrey S. Stein 24,881,399 5,316,408 8,120,264 2. The Company's stockholders ratified the selection of KPMG LLP as the independent registered public accounting firm for the fiscal year ending December 31, 2014 with the following vote:



Number of Votes For Votes Against Abstentions

35,157,706 1,116,260 2,044,105 3. The Company's stockholders approved, by nonbinding vote, the compensation of our named executive officers, as disclosed in the Company's 2014 Proxy Statement, with the following vote:



Number of Votes For Votes Against Abstentions Broker Non-Votes

26,336,725 1,575,723 2,285,359 8,120,264

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Source: Edgar Glimpses