Company: IPAR
Filing Date: 2025-07-14
Form Type: PRE 14A
Source: 0001753926-25-001139
Chunk: 47

Company: INTERPARFUMS INC
Filing Date: 2025-07-14
Form: PRE 14A
Chunk 47
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 tables and related narrative disclosure included in this proxy statement, is hereby APPROVED.” As provided by the Dodd-Frank Act, this vote will not be binding on the Board of Directors or the Compensation Committee and may not be construed as overruling a decision by the board of directors or the Compensation Committee nor imply any additional fiduciary duty on the Board of Directors. Further, it will not affect any compensation paid or awarded to any executive officer. Our Board of Directors and Compensation Committee will, however, take into account the outcome of the vote when considering future executive compensation arrangements. The purpose of our compensation policies and procedures is to attract and retain experienced, highly qualified executives crucial to our long-term success and enhancement of shareholder value. OUR BOARD OF DIRECTORS RECOMMENDS THAT SHAREHOLDERS VOTE “FOR” THE APPROVAL OF THE VOTE FOR THE ADVISORY RESOLUTION TO APPROVE EXECUTIVE COMPENSATION AS DESCRIBED IN THE COMPENSATION DISCUSSION AND ANALYSIS AND THE ACCOMPANYING COMPENSATION TABLES AND NARRATIVE DISCLOSURE IN THIS PROXY STATEMENT.

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PROPOSAL NO. 3: VOTE ON THE PROPOSAL TO AMEND THE COMPANY'S RESTATED CERTIFICATE OF INCORPORATION AS AMENDED, TO APPROVE THE CANCELLATION OF “HOOK SHARES” HELD BY INTER PARFUMS HOLDINGS SA, A WHOLLY OWNED SUBSIDIARY OF THE COMPANY Background The Company is a Delaware corporation, and under Section 160 of the Delaware General Corporation Law (the “ DGCL ”), every corporation may purchase, redeem, receive, take or otherwise acquire, own and hold, sell, lend, exchange, transfer or otherwise dispose of, pledge, use and otherwise deal in and with its own shares. Shares of a Delaware corporation that are owned by its wholly owned subsidiary are known in corporate parlance as “hook shares.” As the result of a corporate reorganization more than twenty (20) years ago, Inter Parfums Holdings SA (the “IPH Subsidiary”), became a French wholly owned subsidiary of the Company. IPH Subsidiary presently owns 1,093,950 shares of the Company’s Common Stock, $.001 par value (the “IPH Hook Shares”). Also, IPH Subsidiary owns 72% of the common shares of Interparfums SA, the Company’s French operating subsidiary, and accordingly the Company indirectly owns 72