Golden Growers Cooperative amends bylaws to reduce minimum allocation to Method A pool from 25% to 15%

Golden Growers Cooperative

Members approved amendment reducing minimum income allocation to Method A pool participants from 25% to 15%, effective Jan 1, 2023.
Directors elected: Nicolas Pyle (Central), David Kragnes (North), Richard Bot (South), Brady Koehl re-elected as Director-at-Large.
All director elections were unanimous with 100% of votes cast for each candidate.
The bylaw change was approved by 291 of 302 votes cast (96.4%).

item 5.03 item 5.07 item 9.01

Key facts

Extracted from this filing and checked against the source text.

Governance Changes SEC 8-K Item 5.03/5.05/5.06 confidence 0.9

Golden Growers Cooperative: Reduced minimum allocation to Method A pool members from 25% to 15% (effective 2023-01-01).

Change: bylaw amendment
Effective: 2023-01-01

Exact text from the filing

The Bylaws, as amended and restated, reduces the requirement to allocate a minimum portion of the Cooperative’s income to members who participate in the Method A pool from 25% to 15%.

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Source: SEC EDGAR

accession 0001826466-23-000010

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