On March 26, 2024, the Hershey Company announced that it has received a shareholder proposal from As You Sow on behalf of the Elizabeth C Funk Trust request that the Board issue a report, at reasonable expense and excluding proprietary information, describing opportunities for Hershey?s to support a circular economy for packaging at its end-of-life. In addition, the Company urged the shareholders to vote against the proposal at its annual general meeting of shareholders scheduled to be held on May 6, 2024.