EASTMAN CHEMICAL CO

The proposal requests that the company amend its governing documents to allow holders of 10% of outstanding common stock (or the lowest percentage permitted by state law) to call a special shareholder meeting, without additional holding-period requirements. The proponent argues that a 10% threshold is common among public companies and that such a mechanism gives shareholders a timely forum to address urgent or material concerns between annual meetings. The supporting statement cites recent operational, financial, regulatory, and community issues at the company as examples of circumstances where access to a special meeting could be warranted. The proposal seeks to preserve the company’s ability to use virtual meeting technology and asks that no "poison pill" style ownership-period barriers be required to exercise the right.