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Mattel Shareholders Set Course with 2024 Governance Decisions

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Mattel (MAT) has issued an announcement.

Mattel, Inc. stockholders, at their 2024 Annual Meeting, have voted to extend the termination date of their equity and long-term compensation plan to March 2034. Additionally, they elected all director nominees, ratified the selection of PricewaterhouseCoopers LLP as their independent auditor, approved executive compensation, and passed the 2024 Amendment and Restatement of the compensation plan. However, a proposal for increased transparency around political contributions did not pass. Moreover, Roger Lynch was elected as Mattel’s Independent Lead Director. These decisions reflect the strategic governance choices made by the stockholders to shape the company’s future financial health and operational transparency.

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