Company: JBI
Filing Date: 2025-04-25
Form Type: DEF 14A
Source: 0001140361-25-015724
Chunk: 87

Company: Janus International Group, Inc.
Filing Date: 2025-04-25
Form: DEF 14A
Chunk 87
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 power of the then-outstanding shares of stock of the Company entitled to vote generally in the election of directors, voting together as a single class. 61 TABLE OF CONTENTS Vote Required; Board Recommendation The Board has unanimously adopted and is submitting for shareholder approval three amendments to our Certificate: this Proposal 4, which institutes the phased-in elimination of the Board’s classified structure and the annual election of directors beginning with the 2028 Annual Meeting; Proposal 5(a), which provides for the elimination of Supermajority Voting Requirements for shareholders to amend certain provisions of our Certificate and Bylaws and to remove directors; and Proposal 5(b), which provides for the elimination of the Supermajority Voting Requirement relating to competition and corporate opportunities. Each of the three proposed amendments will be voted on separately and the effectiveness of any proposed amendment is not conditioned on the approval of any other proposed amendment. If our shareholders approve the proposed Declassification Amendment, we intend to file with the Secretary of State of the State of Delaware the Third Amended and Restated Certificate of Incorporation in the form attached hereto as Annex A, which will implement the Declassification Amendment (and any other amendment to our Certificate approved by shareholders) and become effective upon filing. In accordance with the DGCL, however, our Board may elect to abandon the Declassification Amendment without further action by the shareholders at any time prior to its effectiveness, notwithstanding shareholder approval of the Declassification Amendment. The affirmative vote of the holders of at least 66 2/3% of the total voting power of all the then-outstanding shares of stock of the Company entitled to vote generally in the election of directors, voting together as a single class, is required to approve the Declassification Amendment. THE BOARD OF DIRECTORS RECOMMENDS THAT YOU VOTE “FOR” APPROVAL OF THE DECLASSIFICATION AMENDMENT. 62 TABLE OF CONTENTS INTRODUCTION TO PROPOSALS 5(a) and 5(b) – ELIMINATION OF SUPERMAJORITY VOTE PROVISIONS FROM OUR CERTIFICATE OF INCORPORATION Our Certificate currently requires a supermajority vote by our shareholders to approve amendments to certain provisions of our Bylaws, to approve amendments to certain provisions of our Certificate and to remove directors (collectively, the “Supermajority Voting Requirements”). The Board has unanimously approved and is recommending that shareholders approve the amendments to our Certificate proposed in Proposals 5(a) and 5(b) (collectively, the “Supermajority Elimination