On May 5, 2022, McDonald's Corporation issued a statement regarding Carl C Icahn proposal on Company's ESG policies and mentioned that the Company's board is comprised of a diverse, engaged group of individuals that provide effective oversight of company and have strong track records inside and outside of our boardroom. In addition, the Company stated that it has filed a definitive proxy statement with the SEC in connection with its solicitation of proxies for 2022 annual meeting.