Westwood Holdings amends bylaws; adopts majority voting for director elections

WESTWOOD HOLDINGS GROUP INC

Board adopted Amended and Restated Bylaws effective October 27, 2021, including majority voting standard for uncontested director elections.
Bylaws adopt director resignation policy for incumbents failing to receive majority votes in uncontested elections.
Advance notice requirements adopted for stockholder nominations and proposals.
Board will propose eliminating two supermajority voting requirements from Charter, reducing to majority standard, at 2022 Annual Meeting.

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