CASEYS GENERAL STORES INC

The proposal requests that the company amend its governing documents to permit shareholders holding an aggregate of at least 15% of outstanding common shares to call a special meeting. The proponent (The Accountability Board, Inc.) argues that the current statutory default (50%) is too high and cites proxy advisers and large investors that favor a 10–15% threshold as a more appropriate market practice. The proposal emphasizes that special meetings should be reserved for extraordinary or time-sensitive matters and seeks a 15% threshold as a balance between enabling shareholder action and preventing misuse by a small minority. If approved, the company would modify its bylaws (and related governance documents) to implement the 15% special-meeting threshold.