On March 15, 2024, American Express Company announced that it has received a shareholder proposal from National Center for Public Policy Research, requesting the Company to issue a public report, omitting proprietary and privileged information, concerning its oversight of management?s decision-making regarding the potential use of a merchant category code for standalone gun and ammunition stores. 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.