On April 26, 2024, Alphabet Inc announced that it has received a shareholder proposal from As You Sow Foundation Fund requesting the Company publish a report disclosing how the Company is protecting plan beneficiaries especially those with a longer investment time horizon from increased future portfolio risk created by present-day investments in high-carbon companies. In addition, the Company urged the shareholders to vote against the shareholder proposal at its annual general meeting of shareholders scheduled to be held on June 7, 2024.