On March 6, 2024, Fastenal Company filed a definitive proxy statement soliciting proxies and urged the shareholders to vote against a shareholder proposal, asking the Company board take each step necessary so that each voting requirement in our charter and bylaws (that is explicit or implicit due to default to state law) that calls for a greater than simple majority vote be replaced by a requirement for a majority of the votes cast for and against applicable proposals, or a simple majority in compliance with applicable laws. If necessary, this means the closest standard to a majority of the votes cast for and against such proposals consistent with applicable laws, submitted by John Chevedden at the Company?s annual shareholders meeting scheduled to be held on April 25, 2024.