In April 2023, the BEST trustees presented proposed amendments to the beneficiaries to consider establishing an Elders Benefits option. An Elder is defined as a shareholder beneficiary age 65 or older and the benefits can be cash distributions or other benefits determined by the trustees in their discretion. BEST amendments require a beneficiary vote of fifty percent plus one to be in favor of the proposal in order to be adopted. By the June 30th deadline, 57% of the outstanding beneficiary votes were cast. The results are as follows: 51% in favor and only 6% opposed. The BEST Elder Benefit Amendments have been adopted.
Quyana for voting!