ORACLE CORP
Shareholder Proposals
Item 4
Preserve shareholder proposal access rights by committing to include qualifying shareholder proposals in the company proxy statement regardless of future SEC rule changes.
The proposal requests that the Board adopt a policy committing Oracle to include in its annual proxy statement any shareholder proposal that meets specified ownership-and-holding-period thresholds (e.g., $2,000 for three years; $15,000 for two years; $25,000 for one year) and otherwise complies with Rule 14a-8 requirements, even if future federal rules raise eligibility thresholds. The proponent argues this preserves long-term shareholders’ ability to submit proposals and prevents potential future regulatory changes from restricting shareholder access to the proxy. The proposal cites Oracle’s governance commitments and the company’s concentrated ownership as reasons why preserving access is especially important in this case. If adopted, Oracle would establish a company-level eligibility policy that adheres to current Rule 14a-8 thresholds regardless of any future changes in SEC rules.