Amazon Shareholder Engagement Presentation Deck
Item 5-Shareholder Proposal Requesting a Report on Retirement Plan
Options
Why We Recommend You Vote Against This Proposal
Our 401(k) plan already offers ESG-friendly investment options, including through a self-directed
brokerage option
As is customary for large retirement plans like our 401(k) plan, a plan fiduciary (rather than our Board)
is responsible for selecting 401(k) investment options. The law mandates that the responsible plan
fiduciary make its selection decisions "solely" in the interest of plan participants and beneficiaries
The selection of the 401(k) investment options by the responsible plan fiduciary must be made
independently from Amazon's environmental sustainability leadership and operational climate goals
Proponents: As You Sow on behalf of Catherine Raphael and Sally Behnke Tr FBO John Behnke
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