Haifa, Israel, February 27, 2020 - Elbit Systems Ltd. (NASDAQ: ESLT, TASE: ESLT) (the "Company") announced today that at its Extraordinary General Meeting of Shareholders (the "Meeting") held on February 26, 2020, at the Company's offices in Haifa, the proposed resolution described in the Proxy Statement to the Shareholders dated January 22, 2020 (the "Proxy") and described below, was approved by the required majority:
“To approve an amendment to the Company’s compensation policy to increase the maximum coverage that the Company is authorized to procure under, and the maximum annual premium that the Company is authorized to pay for, policies of directors and officers liability insurance.”