NOW
Published on 05/11/2026 at 11:50 am EDT
On May 11, 2026, ServiceNow, Inc. announced that it has issued an investor presentation to shareholders, stating that it has received a shareholder proposal regarding a proposal on shareholder right to act by written consent, for the 2026 annual meeting of shareholders. In addition, the Company stated that the proposal would allow one group or shareholders to approve and adopt critical actions without notice to other shareholders or opportunity for discussion at a shareholder meeting, current ability for shareholders holding 15% of Company shares for at least 1 year to request a special meeting ensures shareholders have a meaningful right to act in extraordinary situations, and Company stated that it is committed to strong and effective corporate governance practices and a commitment to shareholder engagement, promoting Board accountability and responsiveness to our shareholders. Further, the Company recommended the shareholders to vote against the proposal at the annual meeting of shareholders.