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ALTISOURCE PORTFOLIO SOLUTIONS S.A. FILES (8-K) Disclosing Submission of Matters to a Vote of Security Holders

May 27, 2014



Item 5.07 Submission of Matters to a Vote of Security Holders

The annual meeting (the "Annual Meeting") of the shareholders of Altisource Portfolio Solutions S.A. (the "Company") was held on May 21, 2014. On the record date for the Annual Meeting (March 24, 2014), 22,337,370 shares of common stock were outstanding and entitled to vote at the Annual Meeting. The final results for each matter submitted to a vote of shareholders at the meeting were as follows.

(i) The following directors were elected for a one (1) year term and/or until their successors are elected and qualified by the following vote:

Name For Withheld Broker Non-Votes William C. Erbey 18,472,887 1,550,828 1,101,429 William B. Shepro 20,002,957 20,758 1,101,429 W. Michael Linn 20,003,811 19,904 1,101,429 Roland MÜller-Ineichen 20,003,769 19,946 1,101,429 Timo VÄttÖ 20,003,761 19,954 1,101,429



(ii) The appointment of Deloitte & Touche LLP as the Company's independent registered certified public accounting firm for the year ending December 31, 2014 and Deloitte Audit S.À r.l. as the Company's certified auditor for all statutory accounts as required by Luxembourg law for the same period was approved by the following vote:

For Against Abstentions Broker Non-Votes 21,124,402 209 533 N/A



(iii) The Company's annual accounts prepared in accordance with accounting principles generally accepted in Luxembourg for the year ended December 31, 2013 (the "Luxembourg Annual Accounts") and its consolidated financial statements prepared in accordance with accounting principles generally accepted in the United States, including a footnote reconciliation of equity and net income to International Financial Reporting Standards for the year ended December 31, 2013 (together, the "Luxembourg Statutory Accounts") were approved by the following vote:

For Against Abstentions Broker Non-Votes 21,116,227 283 8,634 N/A



(iv) The Directors' reports for the Luxembourg Statutory Accounts were approved by the following vote:

For Against Abstentions Broker Non-Votes 21,115,910 375 8,859 N/A 2

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(v) The allocation of the results in the Luxembourg Annual Accounts was approved by the following vote:

For Against Abstentions Broker Non-Votes 21,122,101 644 2,399 N/A



(vi) The compensation of the Company's named executive officers as disclosed in the Company's Proxy Statement ("Say-on-Pay") was approved, on an advisory (non-binding) basis, by the following vote:

For Against Abstentions Broker Non-Votes 20,009,669 2,993 11,053 1,101,429



(vii) The compensation of the Chairperson of the Company's Compliance Committee was approved by the following vote:

For Against Abstentions Broker Non-Votes 20,018,635 3,607 1,473 1,101,429



(viii) The discharge of each of the current and past directors of the Company for the performance of their mandate during the year ended December 31, 2013 was approved by the following vote:

For Against Abstentions Broker Non-Votes 21,106,847 7,742 10,555 N/A 3



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Source: Edgar Glimpses


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