On April 6, 2022, State Street Corporation filed a definitive proxy statement soliciting proxies and urged the shareholders to vote against a shareholder proposal, asking the Company's board report on (1) how the majority of its clients and shareholders—for whom overall stock-market performance is the primary determinant of financial returns—are affected by Company policies that account for the effect of social and environmental issues on portfolio companies' financial performance, but not for the effect that portfolio company activities have on overall stock-market performance through their impacts on social and environmental systems and (2) whether its clients and shareholders would be better served by the adoption of asset management policies that directly accounted for the impact that portfolio companies have on the global economy, submitted by James McRitchie at the Company's annual shareholders meeting scheduled to be held on May 18, 2022.