On December 12, 2024, Jabil Inc announced that it received a shareholder proposal from John Chevedden requesting that the Board adopt a policy to seek shareholder approval of senior managers? new or renewed pay package that provides for golden parachute payments with an estimated value exceeding 2.99 times the sum of the executive?s base salary plus target short-term bonus. This proposal only applies to Named Executive Officers.

In addition, the Company recommended the shareholders vote against the proposal at the annual shareholders meeting scheduled to be held on January 23, 2025.