On June 24, 2022, Electronic Arts Inc. filed a definitive proxy statement soliciting proxies and urged the shareholders to vote against a shareholder proposal, requesting the Board seek shareholder approval of any senior manager's new or renewed pay package that provides for severance or termination payments with an estimated value exceeding 2.99 times the sum of the executive's base salary plus target short-term bonus, submitted by James McRitchie and Myra K. Young at the Company's annual shareholders meeting scheduled to be held on August 11, 2022.