On April 30, 2024, Fastenal Company announced that it held its annual general meeting of shareholders on April 25, 2024, and declared voting results. The Company stated that the shareholder proposal as set forth in the proxy statement for the annual meeting was not properly presented for a vote because the proponent failed to present the proposal personally or through a qualified representative at the annual meeting. The Company also expressed that if the shareholder proposal had been properly presented, the proposal would not have been approved by the Company's shareholders based on the voting results.

Further, the company stated that based on the votes, the shareholder proposal relating to simple majority vote was not adopted by the Company's shareholders.