The Procter & Gamble Company (PG) AGM 2024 summary

Opening remarks and agenda

• Meeting opened with a welcome, agenda overview, and guidelines for shareholder participation, including Q&A procedures.

• Process improvements were implemented for efficiency and effectiveness based on prior feedback.

• Quorum confirmed, and introductions of board members, executive team, and auditors were made.

Board and executive committee updates

• Fourteen board nominees were introduced, representing diverse backgrounds and expertise.

• Deloitte & Touche representatives attended to address audit-related questions.

Shareholder proposals

• One shareholder proposal requested disclosure of both adjusted and median racial and gender pay gaps.

• The proponent argued for greater transparency and alignment with industry peers and international standards.

• The board recommended voting against the proposal, citing existing disclosures and focus on broader diversity efforts.