On April 28, 2022, Caterpillar Inc. filed a definitive proxy statement soliciting proxies and urged the shareholders to vote against a shareholder proposal, requesting that the Company assess and report to shareholders, at reasonable expense and excluding proprietary information, on the Company's approach to mitigating the risks associated with business activities in conflict-affected and high-risk areas (CAHRA) as called for by the UN Guiding Principles on Business and Human Rights (UNGPs), submitted by Wespath Benefits and Investments at the Company's annual shareholders meeting scheduled to be held on June 8, 2022.