Mondelez's policy, which is slated to go into effect on Oct. 9, allows a shareholder or group of up to 20 shareholders to nominate up to two members, or 20% of its board, whichever is greater based on its board size at the time. "Mondelez, BlackRock Make it Easier for Shareholders to Nominate Board Candidates," published at 4:56 p.m. EDT, incorrectly stated in the fifth paragraph that a group of up to 30 shareholders could nominate up to two board members.

 

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(END) Dow Jones Newswires

October 07, 2015 18:26 ET (22:26 GMT)

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