On September 23, 2021, Automatic Data Processing, Inc. filed a definitive proxy statement soliciting proxies and urged the shareholders to vote against a shareholder proposal, urging the Board of Directors to prepare a report to shareholders describing any benefits to the Company related to increased employee participation in Company governance, submitted by NorthStar Asset Management, Inc. at the Company?s 2021 annual shareholders meeting scheduled to be held on November 10, 2021.