{
  "docId": "019de072-25cd-706f-bb3d-f0587638c8f8",
  "docSlug": "fc0050108b4ab679eb826930450cdc37",
  "documentTitle": "Disney | Investor Presentation Deck | 15 slides",
  "authorId": "disney",
  "authorName": "Disney",
  "documentKindSlug": "conference-presentation",
  "documentKindLabel": "Conference presentation",
  "sourceTypeSlug": "investor_relations",
  "sourceTypeLabel": "Investor relations",
  "presentationDate": "2022-02-01 00:00:00",
  "orientation": "landscape",
  "aspectRatio": 1.3333334,
  "pageNumber": 11,
  "pageCount": 15,
  "prevPage": 10,
  "nextPage": 12,
  "slideType": "preempt_rebuttal",
  "function": "preempt_rebuttal",
  "density": "overcrowded",
  "nDataPoints": 2,
  "notes": "This is a standard proxy statement slide opposing a shareholder proposal.",
  "elementsJson": null,
  "metadataConfidence": 1,
  "imagePath": null,
  "slideHref": "/slides/019de072-25cd-706f-bb3d-f0587638c8f8/11",
  "deckHref": "/decks/019de072-25cd-706f-bb3d-f0587638c8f8",
  "deckJsonHref": "/decks/019de072-25cd-706f-bb3d-f0587638c8f8.json",
  "deckAnchorHref": "/decks/019de072-25cd-706f-bb3d-f0587638c8f8#slide-11",
  "components": [
    {
      "bbox": {
        "h": 0.06,
        "w": 0.9,
        "x": 0.05,
        "y": 0.19
      },
      "kind": "callout",
      "text": "The Board recommends that you vote AGAINST this proposal. We believe the proposed reduction to the special meeting threshold is not necessary nor in the best interests of the Company and its shareholders",
      "attrs": null,
      "subkind": "primary",
      "toolName": null,
      "toolSlug": null,
      "confidence": null,
      "componentId": "f29fc286-2817-4b24-932f-acf4137ee3d6",
      "frameworkName": null,
      "frameworkSlug": null
    },
    {
      "bbox": {
        "h": 0.03,
        "w": 0.9,
        "x": 0.05,
        "y": 0.33
      },
      "kind": "list",
      "text": "The Company already provides a meaningful and balanced right for shareholders",
      "attrs": null,
      "subkind": "bullet",
      "toolName": null,
      "toolSlug": null,
      "confidence": null,
      "componentId": "5199d119-a799-46f3-83e1-5f37498cafcc",
      "frameworkName": null,
      "frameworkSlug": null
    },
    {
      "bbox": {
        "h": 0.05,
        "w": 0.9,
        "x": 0.05,
        "y": 0.27
      },
      "kind": "list",
      "text": "Shareholder proposal: Requests the Board amend the appropriate Company governing documents to give the owners of a combined 10% of outstanding common stock the power to call a special shareholder meeting",
      "attrs": null,
      "subkind": "bullet",
      "toolName": null,
      "toolSlug": null,
      "confidence": null,
      "componentId": "a8e0c9f1-96b4-4e52-b4bd-56528d5d90b0",
      "frameworkName": null,
      "frameworkSlug": null
    },
    {
      "bbox": {
        "h": 0.05,
        "w": 0.9,
        "x": 0.05,
        "y": 0.62
      },
      "kind": "list",
      "text": "The Company provides our shareholders with numerous avenues to make their views known and to communicate with the Board, management, and other shareholders to effect change",
      "attrs": null,
      "subkind": "bullet",
      "toolName": null,
      "toolSlug": null,
      "confidence": null,
      "componentId": "efcb4121-6d6a-41d0-8ede-65a16bffae77",
      "frameworkName": null,
      "frameworkSlug": null
    },
    {
      "bbox": {
        "h": 0.03,
        "w": 0.5,
        "x": 0.19,
        "y": 0.91
      },
      "kind": "source-note",
      "text": "Company's Bylaws (amended and restated in March 2019), Company Investor Relations Website",
      "attrs": null,
      "subkind": null,
      "toolName": null,
      "toolSlug": null,
      "confidence": null,
      "componentId": "c19747f8-5ad9-436c-ae03-095fb97ddf40",
      "frameworkName": null,
      "frameworkSlug": null
    },
    {
      "bbox": {
        "h": 0.08,
        "w": 0.9,
        "x": 0.05,
        "y": 0.08
      },
      "kind": "title",
      "text": "Shareholder Proposal on Amending the Special Meeting Threshold Would Create Inefficiencies and Unnecessary Costs",
      "attrs": null,
      "subkind": "headline",
      "toolName": null,
      "toolSlug": null,
      "confidence": null,
      "componentId": "73e047a3-0983-4cc6-8c4f-3c2c8c9d5f82",
      "frameworkName": null,
      "frameworkSlug": null
    }
  ],
  "metrics": [],
  "tools": [
    {
      "name": "Thesis: Activist defense (for management)",
      "slug": "activist-defense",
      "agent": "storyteller",
      "layer": "slide",
      "matchId": "aa0d71f8-5a5a-4279-b4b6-08a38b788a36",
      "evidence": "Similar to slide 4, this slide also defends against an activist proposal.",
      "confidence": 0.8
    }
  ],
  "frameworks": [],
  "arcBeats": [],
  "loops": [
    {
      "to": 14,
      "from": 10,
      "name": "Cost Of Inaction",
      "slug": "27-cost-of-inaction",
      "bestFor": "Urgent budget requests, compliance, risk mitigation",
      "matchId": "9cdfe1eb-dd8e-4f5c-9abc-099944542243",
      "evidence": "The presentation includes multiple slides recommending voting against certain proposals.",
      "position": 1,
      "objective": "To preempt rebuttals and recommend voting against certain proposals",
      "structure": "The Status Quo -> The Hidden Costs Accumulating -> The Future State of Inaction -> The Tipping Point",
      "confidence": 0.6,
      "description": "Quantify what happens if the audience does nothing"
    }
  ],
  "imagePathAlt": null,
  "thumbSrc": null,
  "thumbSrcAlt": null,
  "locked": true
}