Nike's Board of Directors has approved and adopted the Sixth Amended and Restated Bylaws, effective September 18, 2024, implementing significant changes to shareholder meeting procedures and corporate governance rules.The key amendments include revised notice deadlines for shareholder proposals, requiring notices 90-120 days before the annual meeting anniversary. The changes also mandate shareholders to comply with universal proxy rules for director nominations and attend meetings to present proposals. Additional requirements include enhanced disclosure obligations for shareholders submitting proposals and the use of non-white proxy colors for solicitations.The updated bylaws also modify meeting conduct procedures, clarifying that only the Board, Board Chair, or presiding officer may adjourn meetings. The amendments further define officer responsibilities and incorporate various administrative and modernizing changes to align with current corporate governance practices.

Nike's Board of Directors has approved and adopted the Sixth Amended and Restated Bylaws, effective September 18, 2024, implementing significant changes to shareholder meeting procedures and corporate governance rules.The key amendments include revised notice deadlines for shareholder proposals, requiring notices 90-120 days before the annual meeting anniversary. The changes also mandate shareholders to comply with universal proxy rules for director nominations and attend meetings to present proposals. Additional requirements include enhanced disclosure obligations for shareholders submitting proposals and the use of non-white proxy colors for solicitations.The updated bylaws also modify meeting conduct procedures, clarifying that only the Board, Board Chair, or presiding officer may adjourn meetings. The amendments further define officer responsibilities and incorporate various administrative and modernizing changes to align with current corporate governance practices.