Warrior Met Coal Inc.
10/25/2024 | Press release | Distributed by Public on 10/25/2024 14:12
Amendments to Bylaws Form 8 K
Item 5.03 Amendments to Articles of Incorporation or Bylaws; Change in Fiscal Year.
On October 25, 2024, the Board of Directors (the "Board") of Warrior Met Coal, Inc. (the "Company") approved and adopted an amendment and restatement of the Amended and Restated Bylaws of the Company (as amended and restated, the "Bylaws"), effective on such date. Among other matters, the amendments effected by the Bylaws (i) require that any stockholder soliciting proxies from other stockholders use a proxy card color other than white; (ii) update and clarify the advance notice provisions pertaining to a stockholder's notice of a director nomination or business proposal and the information sought in connection therewith; (iii) implement proxy access to permit a stockholder, or a group of up to 20 stockholders, owning 3% or more of the Company's common stock continuously for at least three years to nominate and include in the Company's proxy materials for an annual meeting of stockholders director candidates constituting up to 20% of the Board, subject to the satisfaction of certain conditions and requirements as specified in the Bylaws; and (iv) make other administrative, clarifying and conforming changes.
The foregoing description of the Bylaws is qualified in its entirety by reference to the full text of such document, a copy of which is filed as Exhibit 3.1 to this Current Report on Form 8-K and is incorporated herein by reference.