Summary by Futu AI
Meta Platforms, Inc. (META.US) has announced a series of shareholder proposals to be voted on at the upcoming 2024 Annual Meeting of Shareholders scheduled for May 29, 2024. The proposals include the election of ten directors, the ratification of Ernst & Young LLP as the independent registered public accounting firm, an amendment to limit liability of officers as permitted by Delaware law, and an amendment to the 2012 Equity Incentive Plan. Additionally, ten shareholder proposals will be considered, addressing issues such as the company's dual-class capital structure, generative AI misinformation risks, voting results disclosure based on class of shares, human rights risks in non-US markets, amendment of corporate governance guidelines, human rights impact assessment on AI systems driving targeted advertising, child safety impacts and harm reduction, minimum age for social media use, political advertising and election cycle actions, and the alignment of company lobbying with climate goals. The board of directors has recommended voting against all shareholder proposals and in favor of all management proposals.