On March 25, 2024, Baxter International Inc announced that it has filed a definitive proxy statement with Securities and Exchange Commission, stating that it has received a proposal from John Chevedden regarding adopt a policy requiring the 5 Company named executive officers to retain a significant percentage of stock acquired through equity pay programs until reaching normal retirement age and to report to shareholders regarding the policy in Company?s next annual meeting proxy. In addition, the Company recommended the shareholders to vote against the proposal at the annual meeting of shareholders scheduled to be held on May 7, 2024.