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Form 8-K/A · Current Report · Filed 2024-05-23

Mondelēz International Shareholder Meeting Voting Results

On May 22, 2024, Mondelēz International, Inc.

Filer
Mondelez International, Inc. MDLZ · NASDAQ
Filed
Accession
0001103982-24-000078
CIK
0001103982
Signal
Medium impactConsumer Defensive

Details

held its annual shareholders meeting. Shareholders elected 11 directors and approved the advisory vote on executive compensation, the Performance Incentive Plan, and the selection of PricewaterhouseCoopers LLP as independent auditors. However, shareholders rejected several proposals, including a requirement for an Audit Committee subcommittee study on company affiliations, an independent chair of the board, targets for eradicating child labor from the cocoa supply chain, and a third-party report on the effectiveness of the human rights policy implementation.

Items reported

Item 5.07

Submission of Matters to a Vote of Security Holders

Director Elections Results Shareholder Rejection

Market reaction

Close before filing

$70.22

Next session

-2.7%

Since filing

-11.3%

Latest close

$62.31

What happened, not what will happen — closing prices around the filing date.

Precedent

Previous filings from MDLZ reporting the same item, with the next session's move:

About Mondelez International, Inc.

Mondelez International, Inc. is a leading global snacking company specializing in confectionery, food, and beverages. The company produces an impressive array of iconic brands such as Oreo cookies, Cadbury chocolates, Toblerone, and Trident gum. Operating in over 150 countries, Mondelez focuses on providing a wide variety of snacks that appeal to different taste preferences around the world. With a strong commitment to sustainability, Mondelez aims to source ingredients responsibly and ensure environmental protection. The company plays a significant role in the consumer staples sector, heavily influencing global snack market trends through continuous product innovation and marketing strategies. Headquartered in Chicago, Illinois, Mondelez International is a key player in the processed food industry, balancing tradition with modern consumer demands.

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