Avery Dennison Corp

The proposal asks the Board to adopt an enduring policy, and amend governing documents if necessary, so the roles of Chairman and CEO are held by two different people and the Chairman must be an independent director. It permits the Board to appoint an interim, non-independent Chairman while it seeks an independent Chairman on an accelerated basis and suggests a possible phased implementation tied to CEO contract renewal or transition. The supporting statement contends that an independent chairman would provide impartial oversight, strengthen management accountability, and enhance shareholder confidence, and cites recent stock performance and reported financial weaknesses in 2025 as motivation for the change. The proposal was submitted by stockholder John R. Chevedden and would be voted on at the annual meeting if properly presented.