Cummins Announces Proposal to Implement Unilateral Shareholder By-law Amendment Power

Cummins Inc. (NYSE: CMI) today announced that it is planning to submit to a vote of shareholders at its 2018 Annual Meeting of Shareholders amendments to its Restated Articles of Incorporation to provide shareholders with the ability to unilaterally amend Cummins’ By-laws.

COLUMBUS, Ind.

If approved by the shareholders, the amendments to the Restated Articles of Incorporation will become effective promptly after the 2018 Annual Meeting of Shareholders, along with a conforming By-law amendment.

The proposed amendments to the Restated Articles of Incorporation would provide Cummins’ shareholders with the power to amend the By-laws upon the affirmative vote of at least a majority of the votes entitled to be cast.

The proposed amendments are consistent with Cummins’ commitment to strong Corporate Governance practices.

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Corporate Governance

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