On August 8, 2022, FedEx Corporation announced that it has received a shareholder proposal from United Church Funds and The Pension Boards –UCC Inc, asking the Company to conduct an evaluation and issue a report describing if, and how Company's lobbying and policy influence activities align with the goal of the Paris Agreement to limit average global warming to 1.5 degrees above pre-industrial levels, and how Company plans to mitigate the risks presented by any misalignment. 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.