Proposal Mgt rec Vote
Management proposals
1.1 Elect Director Peggy Alford For For
1.2 Elect Director Marc L. Andreessen For For
1.3 Elect Director John Arnold For For
1.4 Elect Director Patrick Collison For For
1.5 Elect Director John Elkann Vote rationale: Board members should devote sufficient time to fulfil their responsibilities effectively. The chairperson is responsible for leading all aspects of the board’s work and should devote a significant amount of time to fulfil his or her responsibilities effectively. Board members should contribute to effective discussions and decision-making by attending all meetings. Global Voting Guidelines Time commitment of board members For Withhold
1.6 Elect Director Andrew W. Houston For For
1.7 Elect Director Nancy Killefer For For
1.8 Elect Director Robert M. Kimmitt For For
1.9 Elect Director Charles Songhurst For For
1.10 Elect Director Dana White For For
1.11 Elect Director Tony Xu For For
1.12 Elect Director Mark Zuckerberg For For
2 Ratify Ernst & Young LLP as Auditors For For
Shareholder proposals
3 Report on Risks of Improper Use of External Data to Develop AI Products Vote rationale: We will not support a shareholder proposal where the company does not appear to have significant gaps in their management or reporting of the relevant sustainability risk. We assess companies against our public expectations on environmental and social issues. We may consider direction of travel and pace of change as part of our assessments. Global Voting Guidelines Shareholder proposals on sustainability Against Against
4 Initiate Annual Vote on Executive Compensation Against Against
5 Approve Recapitalization Plan for all Stock to Have One-vote per Share Vote rationale: All shareholders should have the right to vote on fundamental corporate decisions, and voting rights should be proportionate to cash flow rights. Any unequal voting rights should be time-limited and aligned with cash flow rights over time. Global Voting Guidelines Multiple share classes Against For
6 Disclosure of Voting Results Based on Class of Shares Vote rationale: All shareholders should have the right to vote on fundamental corporate decisions, and voting rights should be proportionate to cash flow rights. Any unequal voting rights should be time-limited and aligned with cash flow rights over time. Global Voting Guidelines Multiple share classes Against For
7 Issue Report Assessing Company's Human Rights Due Diligence Processes Vote rationale: The board should account for material sustainability risks facing the company, and the broader environmental and social consequences of its operations and products. Sustainability disclosures should be aligned with applicable global reporting standards and frameworks to support investors in their analysis of risks and opportunities. Where a company’s disclosure does not meet our needs as a financial investor, we will consider supporting a well-founded shareholder proposal calling for reasonable disclosure. We will not support a shareholder proposal that appears to impose a strategy or prescribe detailed methods, unrealistic timeframes or targets for implementation. Global Voting Guidelines Corporate sustainability reporting Against For
8 Issue Report Addressing Antisemitism and Hate in Online Platforms Vote rationale: The board should account for material sustainability risks facing the company, and the broader environmental and social consequences of its operations and products. Sustainability disclosures should be aligned with applicable global reporting standards and frameworks to support investors in their analysis of risks and opportunities. Where a company’s disclosure does not meet our needs as a financial investor, we will consider supporting a well-founded shareholder proposal calling for reasonable disclosure. We will not support a shareholder proposal that appears to impose a strategy or prescribe detailed methods, unrealistic timeframes or targets for implementation. Global Voting Guidelines Corporate sustainability reporting Against For
9 Report on Impact of Data Center Expansions on Climate Commitments Vote rationale: We will not support a shareholder proposal where the company does not appear to have significant gaps in their management or reporting of the relevant sustainability risk. We assess companies against our public expectations on environmental and social issues. We may consider direction of travel and pace of change as part of our assessments. Global Voting Guidelines Shareholder proposals on sustainability Against Against
10 Report on Integrating Child Safety Improvement Metrics into Executive Compensation Program Against Against
11 Oversee and Report on Data Protection Impact Assessment on Generative AI Chatbots Vote rationale: The board should account for material sustainability risks facing the company, and the broader environmental and social consequences of its operations and products. Sustainability disclosures should be aligned with applicable global reporting standards and frameworks to support investors in their analysis of risks and opportunities. Where a company’s disclosure does not meet our needs as a financial investor, we will consider supporting a well-founded shareholder proposal calling for reasonable disclosure. We will not support a shareholder proposal that appears to impose a strategy or prescribe detailed methods, unrealistic timeframes or targets for implementation. Global Voting Guidelines Corporate sustainability reporting Against For
12 Report on Risks of Anti-American Discrimination from H-1B Visa Program Use Vote rationale: We will not support a shareholder proposal where the company does not appear to have significant gaps in their management or reporting of the relevant sustainability risk. We assess companies against our public expectations on environmental and social issues. We may consider direction of travel and pace of change as part of our assessments. Global Voting Guidelines Shareholder proposals on sustainability Against Against

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