Company: PRGO
Filing Date: 2025-03-21
Form Type: DEF 14A
Source: 0000950170-25-042897
Chunk: 82

Company: PERRIGO Co plc
Filing Date: 2025-03-21
Form: DEF 14A
Chunk 82
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’s ability to delegate any of its powers includes delegation to executive officers of the Company where appropriate.                                                                                                                                                                                                                                                                        | Article 103              |
| Amending Article 118.1(a) to provide that a majority vote of the directors is required to nominate directors for appointment.                                                                                            | The purpose of this amendment is to make Article 118.1(a) consistent with Article 123 by amending it to provide that the Board or any authorized committee of the Board has the ability to nominate Directors for appointment and any such decision requires a simple majority vote rather than a two- thirds vote.                                                                                                                                   | Article 118.1(a)         |
| Clarifying that the Company’s authority to capitalize its reserve accounts includes any revaluation reserve or merger reserve.                                                                                           | The purpose of this amendment is to clarify that the Company has authority to capitalize all of its reserve accounts (including any revaluation reserve or merger reserve). A capitalization of a reserve account can be used in tandem with a share capital reduction to convert undistributable reserves of the Company into distributable reserves which can then be used to pay dividends to shareholders and/or repurchase or redeem its shares. | Article 154              |
| Deleting Articles 157 to 159 of the Articles of Association                                                                                                                                                              | These provisions were included for the purposes of facilitating the merger of the Company and Élan Corporation plc and it is                                                                                                                                                                                                                                                                                                                          | Articles 157 to 159 and  |

#### 82PERRIGO•2025 PROXY STATEMENT
Proposals to be Voted on

| Update | Reason for amendment                                                                     | Article(s) to be updated |
|        | proposed that they be removed as a “housekeeping” change as they are no longer relevant. | related Definitions      |

The proposed revisions will: • update our existing Articles of Association to reflect developments in corporate governance best practices since our Articles of Association were last revised in June 2017; • clarify any inconsistencies in the existing Articles of Association; and • remove any redundant references from our Articles of Association. For the avoidance of doubt, where Proposal 6 is approved by shareholders, the maximum number of directors who may be appointed to the Board shall be twelve, even where this Proposal 7 is not approved. If Proposal 6 is not approved by shareholders, the Company will withdraw Proposal 7 at the AGM. While the summary set out above outlines the changes being proposed, it is not complete, and you should not rely solely on it for a detailed description of every proposed change. A copy of