Summary by Futu AI
On May 22, 2024, PayPal Holdings, Inc. held its Annual Meeting of Stockholders where several key decisions were made. The stockholders approved the amendment and restatement of the PayPal 2015 Equity Incentive Award Plan, increasing the shares reserved for issuance by an additional 20 million. The meeting also saw the election of 11 director nominees who will serve until the 2025 Annual Meeting. Additionally, the compensation of named executive officers was approved, and PricewaterhouseCoopers LLP was ratified as the company's independent auditor for 2024. However, two stockholder proposals, one regarding the reporting on workforce civil liberties and another concerning stockholder approval of director compensation, were not approved.