HP 2013 Annual Report Download - page 43

• specifying that our stockholders may take action only at a duly called annual or special meeting
of stockholders and otherwise in accordance with our bylaws and limiting the ability of our
stockholders to call special meetings;
• requiring advance notice of proposals by our stockholders for business to be conducted at
stockholder meetings and for nominations of candidates for election to our Board of Directors;
and
• controlling the procedures for conduct of our Board of Directors and stockholder meetings and
election, appointment and removal of our directors.
These provisions, alone or together, could deter or delay hostile takeovers, proxy contests and
changes in control or management of HP. As a Delaware corporation, we are also subject to provisions
of Delaware law, including Section 203 of the Delaware General Corporation Law, which prevents
some stockholders from engaging in certain business combinations without approval of the holders of
substantially all of our outstanding common stock.
Any provision of our certificate of incorporation or bylaws or Delaware law that has the effect of
delaying or deterring a change in control of HP could limit the opportunity for our stockholders to
receive a premium for their shares of HP stock and also could affect the price that some investors are
willing to pay for HP stock.
ITEM 1B. Unresolved Staff Comments.
None.
ITEM 2. Properties.
As of October 31, 2013, we owned or leased approximately 67 million square feet of space
worldwide, a summary of which is provided below. We believe that our existing properties are in good
condition and are suitable for the conduct of our business.
Fiscal year ended October 31
Owned Leased Total
Square feet in million
Administration and support .................................... 12 19 31
39% 61% 100%
Core data centers, manufacturing plants, research and development facilities,
and warehouse operations .................................... 14 15 29
48% 52% 100%
Total(1) ................................................... 26 34 60
43% 57% 100%
(1) Excludes 7 million square feet of vacated space, of which 2 million square feet is leased to third
parties.
We have seven business segments: Personal Systems, Printing, Enterprise Group, Enterprise
Services, Software, HP Financial Services and Corporate Investments. Because of the interrelation of
these segments, a majority of these segments use substantially all of the properties at least in part, and
we retain the flexibility to use each of the properties in whole or in part for each of the segments.
Principal Executive Offices
Our principal executive offices, including our global headquarters, are located at 3000 Hanover
Street, Palo Alto, California, United States of America.
35