Monro shareholders withhold majority from two directors; board to explore recapitalization

MONRO, INC.

Directors Donald Glickman and Lindsay N. Hyde did not receive majority votes; they will continue until 2023 annual meeting.
Board committed to analyzing options for one-share-one-vote recapitalization and eliminating class veto power.
Company will initiate process to expand board with candidates complementing current skills per shareholder feedback.
All other proposals (say-on-pay, auditor ratification) were approved by shareholders.

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