Microsoft (MSFT.O) will continue to consider shareholder proposals under its
existing submission threshold through next year’s annual meeting under a
one-year agreement with investor-rights activist Paul Chesser. The move comes as
the SEC weighs tightening shareholder-proposal rules—changes critics say would
marginalize retail investors, religious groups and unions—and could blunt
efforts to shift power from shareholders to executives. Microsoft said
maintaining the current eligibility threshold for one year will provide a clear,
predictable process for the next proxy cycle.