BELOIT, Wis., April 13, 2020 /PRNewswire/ -- Regal Beloit
Corporation (NYSE: RBC) announced today that due to the COVID-19
pandemic, and to support the health and safety of the company's
employees and shareholders, Regal will provide internet and audio
access to its 2020 Annual Meeting of Shareholders to be held at
9:00 am CST (10:00 am EST) on April 28,
2020 in Beloit,
Wisconsin.
While Regal currently plans to hold the 2020 Annual Meeting of
Shareholders in the manner described in the Notice of Annual
Meeting provided to its shareholders on March 19, 2020, to minimize the risk to the
company's employees and shareholders, Regal encourages all
shareholders to access the annual meeting via telephone or webcast,
rather than attending the meeting in person. Regal is taking this
proactive approach for the 2020 Annual Meeting of Shareholders in
an abundance of caution and in alignment with other recent actions
intended to limit public gatherings. Instructions for accessing the
live audio and webcast are provided below.
Please note that shareholders will not be able to vote or revoke
a proxy through the live audio or webcast, nor participate
actively. Therefore, to ensure that every vote is counted at the
2020 Annual Meeting of Shareholders, Regal strongly encourages its
shareholders to vote as instructed in the Notice of Annual Meeting
via telephone, email or internet, or by returning the proxy card
included with the Notice of Annual Meeting and Proxy Statement
first mailed to shareholders on or around March 19, 2020, or received through a broker,
bank or other provider.
Shareholders of record may still attend the meeting and revoke
their proxy at any time before it is voted. Regal is closely
monitoring developments with the COVID-19 pandemic and urges all
stakeholders, including its shareholders, to follow recommendations
provided by the U.S. Center for Disease Control and Prevention
(CDC), as well as federal, state and local government
officials. Reasonable measures will be in place to limit
exposure to the virus, but Regal encourages shareholders to
consider safety first, over attending the meeting in person.
To listen to the live audio and view the meeting slide deck
during the meeting, please visit Regal's Investors website:
https://investors.regalbeloit.com. To listen to live audio only, by
phone, please dial 1.888.317.6003 (U.S. callers) or +1.412.317.6061
(international callers) and enter 3594891# when prompted.
Those planning to listen to the live audio or view the webcast
should connect at least 10 minutes prior to the start of the
meeting. For further questions regarding how to access the Annual
Meeting of Shareholders, please contact Investor Relations at
608.361.7530.
About the Company
Regal Beloit Corporation (NYSE: RBC) is a global leader in the
engineering and manufacturing of electric motors and controls,
power generation products and power transmission products serving
customers throughout the world. We create a better tomorrow by
developing and responsibly producing energy-efficient products and
systems.
Regal is comprised of four operating segments: Commercial
Systems, Industrial Systems, Climate Solutions and Power
Transmission Solutions. Regal is headquartered in
Beloit, Wisconsin and has
manufacturing, sales and service facilities worldwide. For more
information, visit RegalBeloit.com.
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SOURCE Regal Beloit Corporation