Shareholder proposal on a human rights impact assessment

The matter

A shareholder proposal filed by the Sisters of St. Joseph of Peace as lead filer asks the board to publish the results of a human rights impact assessment covering actual and potential human rights impacts from the use of Palantir's products and services. The proponents say the company aligns its policy with the UN Guiding Principles but does not disclose whether it performs such assessments. The board recommends a vote against.

Standard at the meeting

Majority of the voting power of the shares present or represented by proxy and entitled to vote thereon

An abstention

counts as a vote against

A broker non-vote

has no effect

Routine for brokers

no

Read from that filing/where the two differ, the filing governs/the board recommendation is context and changes no record

Intent, not a shareholder vote/weights are re-read at the cutoff, and can only fall