AI English summary of an SEC filing — figures as filed
Mondelez International MDLZThe company said that at its annual shareholder meeting held on May 22, 2024, 1,171,912,711 shares of its Class A Common Stock, or 87.12% of outstanding shares, were represented. This 8-K/A amends and restates Item 5.07 in its entirety to correct a misspelled director nominee name and the description of a shareholder proposal.
Key points
AI summaryThe company said that at its annual shareholder meeting held on May 22, 2024, 1,171,912,711 shares of its Class A Common Stock, or 87.12% of outstanding shares, were represented. This 8-K/A amends and restates Item 5.07 in its entirety to correct a misspelled director nominee name and the description of a shareholder proposal.
The company said shareholders elected 11 directors to one-year terms until the 2025 annual meeting and approved executive compensation on an advisory basis. The compensation proposal received 982,114,750 votes for and 64,064,931 votes against.
The company said shareholders approved the Performance Incentive Plan with 1,007,317,793 votes for and 37,504,246 votes against. Shareholders also approved the selection of PricewaterhouseCoopers LLP as independent auditor for the year ending December 31, 2024, with 1,118,939,592 votes for and 49,686,954 votes against.
The company said that 4 shareholder proposals were not approved. The proposal for an independent board chair received 320,731,062 votes for and 711,091,703 votes against, and the proposal for a third-party report on the effectiveness of the human rights policy implementation received 324,941,658 votes for and 711,274,571 votes against.
Summary
AI-writtenAnalysis scope · Filing bodyWe analyzed the filing body and confirmed exhibits. This is not a review of other exhibits, investor presentations or the full earnings call.
Amended filing and shareholder meeting overview
The company said that at its annual shareholder meeting held on May 22, 2024, 1,171,912,711 shares of its Class A Common Stock, or 87.12% of outstanding shares, were represented. This 8-K/A amends and restates Item 5.07 in its entirety to correct a misspelled director nominee name and the description of a shareholder proposal.
Source · Based on the filing body and exhibits
Shareholders elect 11 directors and approve pay
The company said shareholders elected 11 directors to one-year terms until the 2025 annual meeting and approved executive compensation on an advisory basis. The compensation proposal received 982,114,750 votes for and 64,064,931 votes against.
Source · Based on the filing body and exhibits
Performance Incentive Plan and auditor selection
The company said shareholders approved the Performance Incentive Plan with 1,007,317,793 votes for and 37,504,246 votes against. Shareholders also approved the selection of PricewaterhouseCoopers LLP as independent auditor for the year ending December 31, 2024, with 1,118,939,592 votes for and 49,686,954 votes against.
Source · Based on the filing body and exhibits
All 4 shareholder proposals fail
The company said that 4 shareholder proposals were not approved. The proposal for an independent board chair received 320,731,062 votes for and 711,091,703 votes against, and the proposal for a third-party report on the effectiveness of the human rights policy implementation received 324,941,658 votes for and 711,274,571 votes against.
Source · Based on the filing body and exhibits
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
The filing as submitted to SEC EDGAR. You can check the figures and statements of this summary against it.
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