Shareholders request that our board of directors take such steps as may be necessary to permit written consent by shareholders entitled to cast the minimum number of votes that would be necessary to authorize the action at a meeting at which all shareholders entitled to vote thereon were present and voting. This includes shareholder ability to initiate any appropriate topic for written consent.

To guard against the Delta Board of Directors becoming complacent shareholders need the ability to act by written consent to help the Delta Board adopt new strategies when the need arises.

This is important now given the flat-line in the Delta stock price. The Delta stock price at $56 in 2018 and only at $64 in late 2024 during a robust stock market.

A shareholder ability to act by written consent would be a welcome incentive for Delta Directors to avoid the 6-year doldrum in the Delta stock price in the first place since the continued service of the least qualified Delta Directors could be terminated by Delta shareholders acting by written consent. This is a good incentive for the Delta Directors to have for the benefit of all Delta shareholders.

This proposal won impressive 46% support at the 2020 Delta annual meeting at a time that Delta stock was not in a 6-year stock price plateau. So with slightly more support it will be approved at the 2025 Delta annual meeting.