On August 8, 2022, FedEx Corporation announced that it has received a shareholder proposal from Clean Yield Asset Management, asking the Company to publish an annual report, disclosing whether incongruencies between political and electioneering expenditures and Company values were identified during the preceding year, and disclosing or summarizing any actions taken regarding pausing or terminating support for organizations or politicians, and the types of incongruent policy advocacy triggering those decisions. In addition, the Company urged the shareholders to vote against the shareholder proposal at the annual meeting of shareholders scheduled to be held on September 19, 2022.