other material
confidence high
sentiment negative
materiality 0.70
EA shareholders approve written consent with 25% threshold, reject say-on-pay
ELECTRONIC ARTS INC.
- Stockholders approved amendment to certificate of incorporation enabling written consent by holders of at least 25% of outstanding common stock.
- Advisory say-on-pay proposal failed: 87.2M for vs 121.1M against (58% against).
- All eight director nominees reelected; Luis Ubiñas received ~79% support, lowest among candidates.
- Ratification of KPMG as auditor for FY2022 passed with 213.1M votes in favor.
- Shareholder proposal on written consent also passed (125.8M for) but superseded by company's own amendment.