On March 22, 2024, Preformed Line Products Company announced that it has received a shareholder proposal from Bright Start College Savings Trust requesting Board prepare a report by January 2025, at reasonable expense and omitting proprietary information, on steps Preformed Line Products Company is taking to enhance board diversity, such as: i) Embedding in governance documents a commitment to diversity inclusive of gender, race and ethnicity; ii) Committing publicly to include women and people of color in each candidate pool for board and senior leadership seats; and iii) Detailing board strategies to reflect the diversity of the company?s workforce, community and customers. In addition, the board has recommended shareholders to vote against this proposal at the 2024 Annual Meeting to be held on May 7, 2024.