Summary by Futu AI
On September 5, 2024, Meta Platforms, Inc. announced amendments to its bylaws, which took immediate effect. The Board of Directors approved the changes to enhance and clarify procedures and disclosure requirements for shareholder nominations of directors and other business proposals at annual or special meetings. The amendments align with the SEC's universal proxy rules and update shareholder meeting protocols, including presiding roles. Technical and conforming updates were also made to align with the Delaware General Corporation Law. The full text of the Amended and Restated Bylaws is attached to the report as Exhibit 3.1.