On March 27, 2024, Zoetis Inc. announced that it has received a shareholder proposal from John Chevedden, requesting the Company to adopt a Corporate Governance Guideline, rule or bylaw provision to state that that a director who fails to obtain a majority vote in an uncontested election shall not be nominated by the Board at the next annual shareholder meeting. In addition, the Company urged the shareholders to vote against the shareholder proposal at its annual general meeting of shareholders scheduled to be held on May 22, 2024.