Item 5.07 Submission of Matters to a Vote of Security Holders

At the Annual Meeting of Stockholders ("the Annual Meeting") of Lannett Company, Inc. (the "Company") held on January 25, 2023, five proposals were voted on by the Company's stockholders. The proposals are described in detail in the Company's definitive proxy statement filed on November 29, 2022 in connection with the Annual Meeting. A brief description of the proposals and the final results of the votes for these matters are as follows:

1. The stockholders elected all five director nominees to serve as members of the


    Company's board of directors until the Company's next Annual Meeting of
    Stockholders or until their respective successors have been duly elected and
    qualified.

The number of votes cast for or withheld, for each nominee, are as follows:





                          Votes For        Votes Withheld
Patrick G. LePore          19,392,351            2,044,628

John C. Chapman            18,922,463            2,514,516

Timothy C. Crew            19,576,890            1,860,089

David Drabik               18,412,414            3,024,565

Dr. Melissa Rewolinski     18,913,565            2,523,414

2. The stockholders ratified the appointment of Grant Thornton, LLP as


    independent auditors. The number of votes cast for, against, or abstained are
    as follows:




Votes For: 29,495,367



Votes Against: 1,428,270



Abstain: 154,013

3. The stockholders approved, on a non-binding advisory basis, the Fiscal 2022


    compensation of the Company's named executive officers. The number of votes
    cast for, against, or abstained are as follows:




Votes For: 18,238,047



Votes Against: 3,076,007



Abstain: 122,925

4. The stockholders approved a proposed amendment to our Certificate of


    Incorporation to effect a reverse stock split (the "Reverse Stock Split") of
    our issued and outstanding shares of common stock, par value $0.001 per share
    at a ratio of between 1-for-3 and 1-for-5, inclusive, which ratio will be
    selected at the sole discretion of the Board of Directors at any whole number
    in the above range, and, if and when the reverse stock split is effected, a
    corresponding reduction in the number of authorized shares of our Common Stock
    by the selected Reverse Stock Split ratio. The number of votes cast for,
    against, or abstained are as follows:




Votes For: 25,045,129



Votes Against: 5,886,287



Abstain: 146,234

5. The stockholders approved one or more adjournments of the Annual Meeting to a


    later date or dates if necessary or appropriate to solicit additional proxies
    if there are insufficient votes to approve the Reverse Stock Split proposal at
    the time of the Annual Meeting or in the absence of a quorum. However, an
    adjournment of the Annual Meeting was not necessary because a quorum was
    achieved and the Reverse Stock Split was approved by stockholder vote. The
    number of votes cast for, against, or abstained are as follows:




Votes For: 17,964,067



Votes Against: 3,372,802

Abstain: 100,110

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