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Meta Platforms | PX14A6G: Notice of exempt solicitation

Meta Platforms | PX14A6G: Notice of exempt solicitation

Meta Platforms | PX14A6G:豁免招標通知
美股sec公告 ·  05/17 11:22
Moomoo AI 已提取核心訊息
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.
包括伊利諾伊州財政部長邁克爾·弗雷裏希斯、Wespath Benefits and Investments和施羅德國際精選基金在內的投資者聯盟敦促Meta Platforms, Inc.的股東在2024年5月29日的公司年度股東大會上對提案 #7 投贊成票。該提案旨在通過要求 Meta 從 2025 年年會開始按股票類別披露投票結果來提高透明度。此舉旨在解決人們對雙股結構的擔憂,這種結構賦予首席執行官馬克·扎克伯格不成比例的投票權,他幾乎擁有所有B類股票,賦予他多數投票權。支持者認爲,這種結構違背了公司治理的最佳實踐,並導致了缺乏問責制,Meta面臨的各種法律挑戰和罰款就證明了這一點。他們斷言,按股票類別分列選票不會給公司帶來負擔,是朝着改善公司治理和透明度邁出的一步。
包括伊利諾伊州財政部長邁克爾·弗雷裏希斯、Wespath Benefits and Investments和施羅德國際精選基金在內的投資者聯盟敦促Meta Platforms, Inc.的股東在2024年5月29日的公司年度股東大會上對提案 #7 投贊成票。該提案旨在通過要求 Meta 從 2025 年年會開始按股票類別披露投票結果來提高透明度。此舉旨在解決人們對雙股結構的擔憂,這種結構賦予首席執行官馬克·扎克伯格不成比例的投票權,他幾乎擁有所有B類股票,賦予他多數投票權。支持者認爲,這種結構違背了公司治理的最佳實踐,並導致了缺乏問責制,Meta面臨的各種法律挑戰和罰款就證明了這一點。他們斷言,按股票類別分列選票不會給公司帶來負擔,是朝着改善公司治理和透明度邁出的一步。
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