Alight approves declassifying the board, asks stockholders to vote

Alight (ALIT) announced that its board of directors has approved declassifying the board and intends to ask stockholders to vote on a proposal to approve amendments to the company’s Certificate of Incorporation to effectuate the phased declassification of the board at the 2026 annual meeting of stockholders. The declassification proposal is responsive to feedback the company has received from its stockholders that annually elected boards increase accountability of directors to a company’s stockholders and that shifting from classified boards to the annual election of directors reflects governance best practices.