UPS Shareowners Elect Board, Reappoint Deloitte & Touche

Wilmington, May 05, 2011

Also Cast Advisory Vote Saying "Yes" on Pay

Shareowners of UPS (NYSE: UPS) today elected a Board of Directors for a one-year term and ratified the appointment of Deloitte & Touche LLP as the company's independent registered public accountants.

On other matters, a substantial majority of shareowners voted to approve the compensation to UPS's top five officers. A majority of votes cast also favored the Board's recommendation that such "say on pay" votes be taken every three years in the future.

Eleven directors stood for election to the Board of Directors and all were elected by substantial margins. The 11 include Chairman Scott Davis; Duane Ackerman; Michael Burns; Stuart Eizenstat; Mike Eskew; Bill Johnson; Ann Livermore; Rudy Markham; Clark "Sandy" Randt; John Thompson, and Carol Tome.

The appointment of Deloitte & Touche to serve as the company's independent auditors for 2011 also was ratified by a wide margin.

About UPS
UPS (NYSE: UPS) is a global leader in logistics, offering a broad range of solutions including the transportation of packages and freight; the facilitation of international trade, and the deployment of advanced technology to more efficiently manage the world of business. Headquartered in Atlanta, UPS serves more than 220 countries and territories worldwide. The company can be found on the Web at UPS.com and its corporate blog can be found at blog.ups.com. To get UPS news direct, visit pressroom.ups.com/RSS.