CBRE GROUP, INC.
Shareholder Proposals
Item 4
Amend the bylaws to allow holders of 10% of outstanding shares to call a special stockholder meeting.
This proposal asks the Board to amend the company’s governing documents (bylaws) to permit stockholders holding a combined 10% of outstanding common stock — or the lowest percent allowed under applicable state law — to call a special stockholder meeting, with no additional holding-period or record-holder requirements, and requests that the bylaws be published on the company website. The proposal argues that the current 25% threshold is unduly high and effectively prevents stockholders from exercising the right, and it requests that the special meeting be enabled for online convening. The proponent cites recent company performance and industry challenges as background for why stockholders should have a lower threshold to convene a meeting. The proposal seeks to make the procedural right more accessible while prohibiting “poison-pill” style restrictions that would limit participation.