Kraft Heinz amends by-laws to update meeting procedures, stockholder proposal rules, and exclusive forum provision

Kraft Heinz Co

Board gains authority to postpone, reschedule, or cancel annual/special meetings.
Quorum now defined as majority voting power of outstanding shares entitled to vote.
Enhanced disclosure requirements for stockholder proposals and director nominations, including derivative instruments and hedging.
Proxy duration increased from 11 months to three years.
Exclusive forum for Securities Act claims designated as federal district courts of the United States.

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