On March 15, 2024, American Express Company announced that it has received a shareholder proposal from Myra K. Young, requesting the Company to annually analyze and report to shareholders on whether and how the Company is aligning its lobbying and policy influence activities and positions, both direct and indirect with its net-zero emissions by 2035 target, including the activities and positions analyzed, the criteria used to assess alignment, and involvement of stakeholders, if any, in the analytical process. In addition, the Company recommended the shareholders to vote against the proposal at the annual meeting of shareholders scheduled to be held on May 6, 2024.