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First Solar | DEF 14A: Definitive information statements

SEC announcement ·  Mar 29 04:11
Summary by Futu AI
First Solar, Inc. (First Solar) has announced the invitation to its 2024 annual meeting of stockholders, which will be conducted virtually on May 8, 2024. The meeting will allow stockholders to participate regardless of their location. The proxy statement details the agenda for the meeting, including the election of ten board members, ratification of PricewaterhouseCoopers LLP as the independent auditor for the year ending December 31, 2024, advisory votes on executive compensation, and amendments to the bylaws to permit stockholders to call special meetings. The board has recommended the approval of all proposals, including an amendment to enable stockholders owning 25% of outstanding common stock to call special meetings, subject to certain conditions. A competing stockholder proposal suggests lowering the threshold to 10% ownership. The board has recommended voting against this proposal, favoring the 25% threshold as it aligns with the majority of S&P 500 companies and the company's peer group. The meeting will also address a stockholder proposal to adopt a shareholder right to call a special shareholder meeting.
First Solar, Inc. (First Solar) has announced the invitation to its 2024 annual meeting of stockholders, which will be conducted virtually on May 8, 2024. The meeting will allow stockholders to participate regardless of their location. The proxy statement details the agenda for the meeting, including the election of ten board members, ratification of PricewaterhouseCoopers LLP as the independent auditor for the year ending December 31, 2024, advisory votes on executive compensation, and amendments to the bylaws to permit stockholders to call special meetings. The board has recommended the approval of all proposals, including an amendment to enable stockholders owning 25% of outstanding common stock to call special meetings, subject to certain conditions. A competing stockholder proposal suggests lowering the threshold to 10% ownership. The board has recommended voting against this proposal, favoring the 25% threshold as it aligns with the majority of S&P 500 companies and the company's peer group. The meeting will also address a stockholder proposal to adopt a shareholder right to call a special shareholder meeting.
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This announcement is a separate document:

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