On March 25, 2026, TD SYNNEX Corporation held its Annual Meeting of Stockholders where significant amendments to the company's governance structure were approved. The stockholders voted in favor of a Charter Amendment that permits stockholders owning at least 25% of the company's outstanding common stock to call a special meeting. This change aims to enhance shareholder rights and engagement by allowing a larger group of investors to initiate special meetings, subject to certain procedural requirements outlined in the company's bylaws. The amendment became effective immediately upon filing with the Secretary of State of Delaware on the same day.

In conjunction with this amendment, the Board of Directors adopted Amended and Restated Bylaws, which revise Article 2 to establish clear procedures and limitations for calling special meetings. Key provisions include the requirement that the requesting stockholders must hold their shares in a 'net long position' for at least one year prior to the request, and they must provide documentary evidence of their holdings. Additionally, the bylaws stipulate that any disposition of shares that count toward the 25% threshold will be treated as a revocation of the request for a special meeting.

The changes reflect a strategic move by TD SYNNEX to align its governance practices with shareholder interests, potentially increasing transparency and accountability. The company also reported on the election of ten directors to serve until the next annual meeting, with all proposals receiving substantial support from the shareholders. The advisory vote on executive compensation also passed, indicating shareholder confidence in the current leadership and their compensation strategies. Overall, these developments are expected to positively influence the company's governance framework and shareholder relations.

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