**Payoneer Global Inc. Intends Corporate Governance Changes for 2025 Annual General Meeting****

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Payoneer Global Inc. (NASDAQ:PAYO) disclosed in a recent 8-K filing on December 30, 2024, plans to propose alterations to its corporate governance structure at the upcoming 2025 Annual General Meeting of Stockholders. The suggested amendments aim to address various aspects of the company’s governance framework.

The proposed changes by Payoneer’s Board of Directors include transitioning from a classified board structure to annual elections for all members by the 2028 Annual General Meeting. Furthermore, the Board intends to eliminate the supermajority voting requirements for modifying the company’s Bylaws and Certificate of Incorporation. Additionally, Payoneer plans to enhance corporate governance by amending its Bylaws to replace the plurality voting system with majority voting for uncontested director elections.

The inclusion of forward-looking statements in the Form 8-K indicates the Company’s anticipation of future events or financial performances. Payoneer acknowledges the inherent uncertainties associated with such statements, emphasizing the potential impact of factors like regulatory changes, geopolitical events, and legal proceedings on actual results.

In conclusion, Payoneer Global Inc.’s proactive approach to refining its governance mechanisms reflects a commitment to enhancing shareholder representation and operational transparency. Investors are advised to exercise caution when considering forward-looking statements, recognizing that they are subject to inherent uncertainties.

This communication serves as an insight into Payoneer’s strategic initiatives and commitment to robust corporate governance standards.

This article was generated by an automated content engine and was reviewed by a human editor prior to publication. For additional information, read Payoneer Global’s 8K filing here.

Payoneer Global Company Profile

Payoneer Global Inc operates as a financial technology company. It operates a payment infrastructure platform that provides customers with a one-stop, global, multi-currency account to serve their accounts receivable and accounts payable needs. The company delivers a suite of services that includes cross-border payments, physical and virtual MasterCard cards, working capital, risk management, and other services.