El Pollo Loco Holdings, Inc.

Requests that the Company amend its governing documents so that, in uncontested director elections, a nominee must receive a majority of votes cast to be elected rather than being elected by a plurality. The proposal contends that majority voting increases director accountability by allowing shareholders to withhold support from nominees who do not command majority backing. The supporting statement cites governance best practices and the endorsement of institutional investors and proxy advisory firms as reasons many companies have adopted majority voting. The proposal was submitted by The Accountability Board and focuses solely on uncontested elections.