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Mastercard adopts stockholder proxy access procedures

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Mastercard adopts stockholder proxy access procedures

MastercardInc. has amended its bylaws to add proxy access procedures forqualifying stockholders.

The amendment permits a stockholder, or a group of up to 20 stockholders,owning 3% or more of the company's class A common stock continuously for atleast three years to nominate and include in the company's proxy materialscandidates for election as directors of the company.

Stockholders may utilize proxy access beginning with thecompany's 2017 annual meeting of stockholders.

Additionally, the company amended its certificate ofincorporation to change its name to Mastercard Inc. from MasterCard Inc.