Churchill Downs amends bylaws for universal proxy rules, meeting procedures

Churchill Downs Inc

Eliminated requirement for annual meeting within 180 days of fiscal year-end.
Added mechanics for shareholder special meetings and clarified board's power to cancel adjourn.
Enhanced shareholder nomination and proposal disclosures to comply with SEC universal proxy rules.
Permitted shareholder meetings solely by remote communication and less than 24-hour board meeting notice.
Conformed record date to max 70 days before meeting per Kentucky law.

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