Issuer Direct adopts majority voting standard for uncontested director elections

ACCESS Newswire Inc.

Effective March 31, 2022, bylaws amended to require majority (vs. plurality) vote for uncontested director elections.
Incumbent directors failing to receive a majority of votes cast will be removed once a qualified replacement is found.
Board may delay removal if it publicly discloses reasons; removed director may stay as consultant/emeritus without vote.
Amendment adopted after a stockholder request on March 21, 2022.

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