AGCO CORP /DE
Shareholder Proposals
Item 4
Give stockholders holding at least 10% of AGCO common stock the ability to call a special shareholder meeting.
Requests that AGCO amend its governing documents so that holders of a combined 10% of outstanding common stock (or the lowest percentage allowed by state law) may call a special shareholder meeting, including permitting online meetings and prohibiting ownership-duration restrictions. The proposal frames this right as a tool to improve board accountability and to enable shareholders to convene meetings to address perceived underperformance or urgent matters. The proponent cites recent operational and market challenges (declining sales, regional inventory surpluses, production cuts, and weak regional margins) as rationale for needing an easier mechanism to call meetings. The proposal seeks a straightforward governance amendment to empower shareholders to convene extraordinary meetings when necessary.