Maximus Inc. Updates Bylaws to Tighten Board Nominee Rules

Reuters
12 Jun
Maximus Inc. Updates Bylaws to Tighten Board Nominee Rules

Maximus Inc. has announced amendments to its bylaws following approval by the Board of Directors. Key changes include revised advance notice requirements for shareholders proposing director nominations or business at meetings, mandating disclosure of stock ownership and related financial interests. The amendments also limit the number of board nominees a shareholder can propose, prohibit substitute nominations without proper notice, and require updates to shareholder information. Additionally, nominees must adhere to specific representations and certifications regarding their candidacy and compliance with corporate governance policies.

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