On January 6, 2016, Apple Inc. announced that it has received a shareholder proposal from James McRitchie asking the board of directors to adopt, and present for shareholder approval, a “proxy access” bylaw and such a bylaw shall require the Company to include in proxy materials prepared for a shareholder meeting at which directors are to be elected the name, disclosure, and statement of any person nominated for election to the board by a shareholder or an unrestricted number of shareholders forming a group.