The company said Julia A. Stewart, a 21-year member of its board, notified the company's Executive Chairman and Lead Independent Director on February 20, 2024 that she will not stand for reelection at the annual meeting of stockholders to be held on April 25, 2024. The company said the reason is to dedicate her efforts to the health and wellness venture she founded.

1. 01

   The company said Julia A. Stewart, a 21-year member of its board, notified the company's Executive Chairman and Lead Independent Director on February 20, 2024 that she will not stand for reelection at the annual meeting of stockholders to be held on April 25, 2024. The company said the reason is to dedicate her efforts to the health and wellness venture she founded.

2. 02

   Avery Dennison said the board appointed Maria Fernanda Mejia as a director on February 22, 2024, on the recommendation of the Governance Committee, and assigned her to the Audit Committee. The company said that on the same day she was granted 132 restricted stock units, prorated for the remaining months of the term, which vest in full on the 1st anniversary of the grant date.

3. 03

   The company said the board amended and restated its bylaws on February 22, 2024. The changes include fixing the number of directors by board resolution and clarifying the board's election to be governed by Section 141(c)(2) of the Delaware General Corporation Law. The company also said it updated the advance notice provision so that a nomination or proposal is disregarded if the stockholder or its qualified representative does not appear at the meeting to present it.

4. 04

   The company said the amended bylaws clarify the standards and procedures for indemnification and advancement of expenses to directors, officers and other agents, and revise the procedures for replacing lost, stolen or destroyed certificates. The company also said the voting standard for stockholders to adopt new bylaws or amend or repeal the amended bylaws changed from a majority of votes cast to a majority of shares represented and entitled to vote.

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AI summarized the filing and translated the summary into English; it may differ from the original. For reference only, not investment advice. AI translated the published Korean report into English. Figures are copied as filed, not recalculated.

Original filing

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