On April 1, 2024, Masco Corporation announced that it has received a shareholder proposal from John Chevedden requesting that the board take each step necessary so that each voting requirement in the charter and bylaws (that is explicit or implicit due to default to state law) that calls for a greater than simple majority vote be replaced by a requirement for a majority of the votes cast for and against applicable proposals, or a simple majority in compliance with applicable laws. If necessary this means the closest standard to a majority of the votes cast for and against such proposals consistent with applicable laws. In addition, the Company is not making any recommendation for the proposal at its annual general meeting of shareholders scheduled to be held on May 10, 2024.