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Meta Platforms | PX14A6G: Notice of exempt solicitation

Meta Platforms | PX14A6G: Notice of exempt solicitation

Meta Platforms | PX14A6G：豁免招标通知
美股SEC公告 ·  05/17 11:22

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A coalition of investors, including Illinois State Treasurer Michael Frerichs, Wespath Benefits and Investments, and Schroder International Selection Fund, has urged shareholders of Meta Platforms, Inc. to vote in favor of Proposal #7 during the company's Annual General Meeting on May 29, 2024. The proposal seeks to increase transparency by requiring Meta to disclose voting results by share class, starting with the 2025 annual meeting. This move is aimed at addressing concerns over the dual-class stock structure that grants disproportionate voting power to CEO Mark Zuckerberg, who owns virtually all Class B shares, giving him a majority of the voting power. The proponents argue that this structure is contrary to best practices in corporate governance and has led to a lack of accountability, as evidenced by various legal challenges and fines Meta has faced. They assert that disaggregating votes by share class would not be burdensome for the company and is a step towards better corporate governance and transparency.
A coalition of investors, including Illinois State Treasurer Michael Frerichs, Wespath Benefits and Investments, and Schroder International Selection Fund, has urged shareholders of Meta Platforms, Inc. to vote in favor of Proposal #7 during the company's Annual General Meeting on May 29, 2024. The proposal seeks to increase transparency by requiring Meta to disclose voting results by share class, starting with the 2025 annual meeting. This move is aimed at addressing concerns over the dual-class stock structure that grants disproportionate voting power to CEO Mark Zuckerberg, who owns virtually all Class B shares, giving him a majority of the voting power. The proponents argue that this structure is contrary to best practices in corporate governance and has led to a lack of accountability, as evidenced by various legal challenges and fines Meta has faced. They assert that disaggregating votes by share class would not be burdensome for the company and is a step towards better corporate governance and transparency.
包括伊利诺伊州财政部长迈克尔·弗雷里希斯、Wespath Benefits and Investments和施罗德国际精选基金在内的投资者联盟敦促Meta Platforms, Inc.的股东在2024年5月29日的公司年度股东大会上对提案 #7 投赞成票。该提案旨在通过要求 Meta 从 2025 年年会开始按股票类别披露投票结果来提高透明度。此举旨在解决人们对双股结构的担忧，这种结构赋予首席执行官马克·扎克伯格不成比例的投票权，他几乎拥有所有B类股票，赋予他多数投票权。支持者认为，这种结构违背了公司治理的最佳实践，并导致了缺乏问责制，Meta面临的各种法律挑战和罚款就证明了这一点。他们断言，按股票类别分列选票不会给公司带来负担，是朝着改善公司治理和透明度迈出的一步。
包括伊利诺伊州财政部长迈克尔·弗雷里希斯、Wespath Benefits and Investments和施罗德国际精选基金在内的投资者联盟敦促Meta Platforms, Inc.的股东在2024年5月29日的公司年度股东大会上对提案 #7 投赞成票。该提案旨在通过要求 Meta 从 2025 年年会开始按股票类别披露投票结果来提高透明度。此举旨在解决人们对双股结构的担忧，这种结构赋予首席执行官马克·扎克伯格不成比例的投票权，他几乎拥有所有B类股票，赋予他多数投票权。支持者认为，这种结构违背了公司治理的最佳实践，并导致了缺乏问责制，Meta面临的各种法律挑战和罚款就证明了这一点。他们断言，按股票类别分列选票不会给公司带来负担，是朝着改善公司治理和透明度迈出的一步。
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