O-I Glass adopts By-law amendments on advance notice and universal proxy

O-I Glass, Inc. /DE/

Board approved amendments requiring stockholders proposing business or nominating directors to disclose additional ownership information.
Board may request supplementary info from stockholder or nominee; can rule business not properly brought before meeting.
Stockholders cannot nominate more director candidates than the number of seats up for election.
Candidates must provide background info and written consent to be named in proxy statement.
Amendments align with SEC universal proxy rules: only board nominees may be solicited without Rule 14a-19 compliance; white proxy card reserved for board.

Key facts

Extracted from this filing and checked against the source text.

Governance Changes SEC 8-K Item 5.03/5.05/5.06 confidence 0.9

O-I Glass, Inc. /DE/: Amendments to advance notice disclosure requirements, universal proxy rules, and other clarifications to the By-laws (effective 2022-12-06).

Change: bylaw amendment
Effective: 2022-12-06

Exact text from the filing

On December 6, 2022, the Board of Directors (the “Board”) of O-I Glass, Inc. (the “Company”) approved and adopted amendments to the Amended and Restated By-Laws of the Company (as so amended, the “By-laws”).

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Source: SEC EDGAR

accession 0001104659-22-125834

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