Summary by Futu AI
PayPal Holdings, Inc. has issued a notice to its stockholders regarding the upcoming Annual Meeting of Stockholders scheduled for May 22, 2024. The notice, dated May 9, 2024, emphasizes the importance of stockholder votes and indicates that many have not yet voted. Stockholders are urged to vote on several key proposals, including the election of 11 director nominees, an advisory vote on executive compensation, the approval of the amended 2015 Equity Incentive Award Plan, and the ratification of PricewaterhouseCoopers LLP as the independent auditor for 2024. Additionally, stockholders are advised to vote against two proposals: one concerning a report on respecting workforce civil liberties and another on a bylaw amendment for stockholder approval of director compensation. The board of directors recommends voting for the first four proposals and against the last two. Stockholders are encouraged to vote via the internet or telephone for convenience and are provided with contact information for assistance from D.F. King & Co., Inc.
