Trillium Supports Proposal #2 on Apple Inc.’s 2013 Proxy Materials
Trillium Asset Management supports management Proposal #2 on Apple Inc.’s 2013 proxy materials. The proposal asks shareholders for approval to amend the company’s articles of incorporation to:
1. Eliminate certain language relating to the term of office of directors in order to facilitate the adoption of majority voting for the election of directors;
2. Eliminate “blank check” preferred stock;
3. Establish a par value for the Company’s common stock of $0.00001 per share; and
4. Make other conforming changes as set forth in the text of the amendment below, including eliminating provisions in the Articles relating to preferred stock of the Company.
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