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  "docId": "019de074-8a58-721e-8582-100a055703b6",
  "docSlug": "3e53b2d8597dbc8405eae6511cfab9a9",
  "documentTitle": "Disney | Shareholder Engagement Presentation Deck | 16 slides",
  "authorId": "disney",
  "authorName": "Disney",
  "documentKindSlug": "conference-presentation",
  "documentKindLabel": "Conference presentation",
  "sourceTypeSlug": "investor_relations",
  "sourceTypeLabel": "Investor relations",
  "presentationDate": "2023-03-01 00:00:00",
  "orientation": "landscape",
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  "pageNumber": 15,
  "pageCount": 16,
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  "slideType": "preempt_rebuttal",
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  "notes": "This is a standard proxy statement slide where the company argues against a shareholder proposal.",
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  "slideHref": "/slides/019de074-8a58-721e-8582-100a055703b6/15",
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      "kind": "callout",
      "text": "The Board recommends that you vote AGAINST this proposal. We believe this proposal would not be an efficient use of resources in light of our existing disclosures and its impracticable ask for complete alignment on all social and business matters",
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      "kind": "list",
      "text": "The proposal is impracticable and representative of a narrowly-focused proponent seeking to advance a particular agenda. The company has robust Board oversight and processes to review and monitor its lobbying and political activities. In direct response to shareholder feedback, the company enhanced disclosure of political and lobbying activities including: Information regarding membership in U.S.-based industry and trade associations, Company's core policy issues on which its political giving is focused, Rationale for the company's trade association memberships, Integrating links to federal lobbying reports in the company's ESG reporting to facilitate review of its lobbying priorities and positions, Steps the company may take when a trade association is not aligned with the company on core policy issues*, Prohibiting the use of trade association dues for political candidate contributions. The company has committed to further strengthening and improving its political and lobbying practices, including: Disclosing the primary purpose for each trade association membership",
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      "kind": "subtitle",
      "text": "Shareholder proposal: Requests the company annually analyze and report the congruence of political expenditures with its values / policies. Proponent: The Educational Foundation of America",
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      "kind": "table",
      "text": "Sources and Policies (found on our website): Political Giving and Participation in the Formulation of Public Policy (updated in February 2023), 2022 CSR Report, Current U.S Trade Association Memberships, Political Disclosure Archive (2014-2021), *See definitive proxy statement page 85",
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      "kind": "title",
      "text": "Shareholder Proposal on Political Expenditures",
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      "evidence": "Slides 13-15 address shareholder proposals and concerns",
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      "evidence": "The document presents a clear narrative of the consequences of inaction and the benefits of Disney's strategic priorities",
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