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AI English summary of an SEC filing — figures as filed

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Visa said on January 28, 2025 that its Class A common stock shareholders elected all eleven director nominees at the annual meeting. Support for Ryan McInerney was 99.75%, and support for John F. Lundgren was 97.47%.

8-KSubmission of Matters to a Vote of Security HoldersFiled Period of report Summary published (UTC)

Key points

AI summary
  1. Visa said on January 28, 2025 that its Class A common stock shareholders elected all eleven director nominees at the annual meeting. Support for Ryan McInerney was 99.75%, and support for John F. Lundgren was 97.47%.

  2. Visa said shareholders approved the advisory vote on executive compensation (Proposal 2) with 91.92% voting for and 7.61% voting against. The proposal to appoint KPMG LLP as independent registered public accounting firm for fiscal 2025 (Proposal 3) was also approved, with 97.78% voting for.

  3. Visa said neither proposal was approved. Support for the shareholder proposal on gender-based compensation gaps (Proposal 4) was 0.79%, and support for the shareholder proposal requesting a report on merchant category codes policy (Proposal 5) was 0.74%.

  4. The company said both proposals were not approved. Support for the shareholder proposal to adopt a director election resignation governance guideline (Proposal 6) was 16.94%, and support for the shareholder proposal on transparency in lobbying (Proposal 7) was 13.64%.

Summary

AI-written

Analysis 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.

All 11 Director Nominees Elected

Visa said on January 28, 2025 that its Class A common stock shareholders elected all eleven director nominees at the annual meeting. Support for Ryan McInerney was 99.75%, and support for John F. Lundgren was 97.47%.

Source · Based on the filing body and exhibits

Advisory Pay Vote and KPMG Appointment Approved

Visa said shareholders approved the advisory vote on executive compensation (Proposal 2) with 91.92% voting for and 7.61% voting against. The proposal to appoint KPMG LLP as independent registered public accounting firm for fiscal 2025 (Proposal 3) was also approved, with 97.78% voting for.

Source · Based on the filing body and exhibits

Gender Pay Gap and Merchant Category Code Proposals Fail

Visa said neither proposal was approved. Support for the shareholder proposal on gender-based compensation gaps (Proposal 4) was 0.79%, and support for the shareholder proposal requesting a report on merchant category codes policy (Proposal 5) was 0.74%.

Source · Based on the filing body and exhibits

Director Resignation Policy and Lobbying Transparency Proposals Fail

The company said both proposals were not approved. Support for the shareholder proposal to adopt a director election resignation governance guideline (Proposal 6) was 16.94%, and support for the shareholder proposal on transparency in lobbying (Proposal 7) was 13.64%.

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.

Source: SEC EDGAR (U.S. Securities and Exchange Commission). Item captions are the SEC's. The summary is for reference only and is not investment advice.