Summary by Moomoo AI
Salesforce, Inc. conducted its Annual Meeting of Stockholders on June 27, 2024, where multiple key proposals were voted upon. The meeting saw the election of directors, with Marc Benioff and other nominees receiving a majority of for votes. Additionally, the company's stockholders approved an amendment to Salesforce's Restated Certificate of Incorporation for officer exculpation and ratified the appointment of Ernst & Young LLP as the independent auditor for the fiscal year ending January 31, 2025. A significant development was the approval of an amendment and restatement of the 2013 Equity Incentive Plan, which increases the number of shares reserved for issuance by 36 million and extends the plan's term to March 21, 2034. The meeting also addressed stockholder proposals regarding executive compensation, an independent chair of the board, executive severance arrangements, and a report on viewpoint restriction risks, most of which were voted against. Following the meeting, Salesforce filed a Certificate of Amendment and a Restated Certificate of Incorporation with the Secretary of State of Delaware, which took effect immediately.
