AES CORP

Original form: DEF 14A
Filed on: 2026-03-20
Meeting date: 2026-04-29

Shareholder Proposals

Item 4
G
Allow shareholders owning 10% of outstanding common stock to call a special shareholder meeting.

This proposal requests that the company's governing documents be amended to permit stockholders holding a combined 10% of outstanding common stock (or the lowest percentage allowed under state law) to call a special shareholder meeting, with no minimum holding period or record-holder requirement. The proposal asks that the right be added to the bylaws and published on the company's website, and suggests that special meetings could be held virtually for accessibility. The proponent argues a 10% threshold is reasonable and lowers the current 25% threshold, citing recent company performance, debt levels, regulatory controversies, and stock price volatility as reasons shareholders may need a more accessible mechanism to convene a meeting. The proposal emphasizes that the change would guard against board complacency and enable shareholders to address urgent or extraordinary issues between annual meetings.