PayPal said at its annual stockholder meeting on May 22, 2024 that stockholders approved an amendment and restatement of the 2015 Equity Incentive Award Plan. The amendment increased the number of common shares reserved for issuance under the plan by an additional 20 million shares.

1. 01

   PayPal said at its annual stockholder meeting on May 22, 2024 that stockholders approved an amendment and restatement of the 2015 Equity Incentive Award Plan. The amendment increased the number of common shares reserved for issuance under the plan by an additional 20 million shares.

2. 02

   The company said stockholders approved the Amended Equity Plan proposal with 414,711,919 votes for (64.20%), 228,999,503 votes against (35.45%) and 2,264,073 abstentions (0.35%). There were 138,852,386 broker non-votes.

3. 03

   The company said all 11 director nominees were elected at the meeting to serve until the 2025 annual stockholder meeting. Support ranged from 88.97% for Rodney C. Adkins to 99.33% for Ann M. Sarnoff.

4. 04

   The company said 2 stockholder proposals were not approved. The proposal on "Report on Respecting Workforce Civil Liberties" received 2.12% in favor, and the "Bylaw Amendment: Stockholder Approval of Director Compensation" proposal received 3.02% in favor. The ratification of PricewaterhouseCoopers LLP as independent auditor for 2024 was approved with 93.74% in favor.

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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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