On April 28, 2022, Scott Klarquist filed an exempt solicitation statement soliciting proxies and urged the shareholders of Netflix, Inc. to withhold with respect to all of the Company's independent directors, Jay Hoag, Timothy Haley, Leslie Kilgore, Strive Masiyiwa, Ann Mather, Richard Barton, Rodolphe Belmer, Mathias Döpfner, and Brad Smith, unless the following two things occur: (1) the Company immediately begins buying back substantial amounts of stock under the Company's current $4.4 billion stock repurchase authorization and (2) each such director buys a meaningful amount of stock on the open market to demonstrate that such director's financial incentives are properly aligned with those of the Company's shareholders. Scott Klarquist added that anything less is unacceptable.