AppLovin Corp

The proposal requests that the company report vote tallies separately by share class (one-vote Class A, 20-vote Class B, and any other classes) for all matters submitted to stockholder votes, starting at the 2027 annual meeting. The proponent argues that AppLovin’s multi-class share structure concentrates voting power with a minority (Class B holders) and that class-level disclosure would allow Class A shareholders to see when outcomes were driven by a different class than the majority of public holders. The supporting statement cites the company’s 10-K and notes that several other U.S. companies have adopted this disclosure as a governance best practice. The proposal also asserts that providing such disaggregated voting results would not be unduly burdensome for the company.