Snap-on adopts proxy access in amended bylaws; shareholders re-elect all 10 directors

Snap-on Inc

Proxy access added: 3% owners for 3 years can nominate up to 20% of board, with notice 120-150 days before proxy statement anniversary.
Bylaws amended for universal proxy rules, advance notice windows: proxy access nominations by Oct 12-Nov 11, 2023; other proposals Dec 29-Jan 28, 2024.
At April 27, 2023 annual meeting, all 10 director nominees elected; highest vote was Gillis with 42.8M for, lowest was Adams with 33.5M for.
Deloitte ratified as auditor for FY2023: 43.3M for, 4.1M against.
Say-on-pay passed with 40.2M for (92.7% of votes cast); shareholders voted for annual frequency (41.9M).

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