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This document is the definitive proxy statement for the Annual Meeting of Shareholders of Old Republic International Corporation scheduled for May 23, 2024. It provides important information regarding the meeting agenda, including the election of directors, ratification of the selection of an independent registered public accounting firm, and advisory votes on executive compensation. The statement details the governance practices of the company, executive compensation policies, and additional...
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A proxy statement is a document that publicly traded companies are required to provide to their shareholders ahead of a shareholders' meeting. It includes important information about the issues to be voted on, including board of directors nominations, compensation of executives, and proposals.
Public companies that are publicly traded on stock exchanges are required to file proxy statements with the Securities and Exchange Commission (SEC) when soliciting votes from shareholders.
To fill out a proxy statement, companies must complete required disclosures about corporate governance, executive compensation, and any matters to be voted on. They must comply with SEC regulations and guidelines to ensure all information is accurate and complete.
The purpose of a proxy statement is to inform shareholders about the items being presented for a vote at the shareholders' meeting and to solicit their proxy votes, allowing shareholders who cannot attend to participate in the decision-making process.
Proxy statements must report information about proposed board of directors slate, executive compensation, shareholder proposals, corporate governance practices, and any other matters requiring shareholder votes.
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