Friedman Industries adopts advance notice bylaw for shareholder proposals and director nominations

FRIEDMAN INDUSTRIES INC

Board adopted advance notice provisions effective Nov 8, 2021, requiring shareholder proposals and director nominations to be submitted within 90-120 days before annual meeting.
For special meetings, notice must be delivered no earlier than 120 days and no later than 90 days before the meeting, or 10 days after public announcement of meeting.
Requires detailed disclosures including ownership, derivative instruments, compensation agreements, and a questionnaire/representation for nominees.
The amendment aims to modernize bylaws and bring them into conformity with normal public company practice.

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