Icahn Enterprises Activist Presentation Deck
ESG FRAMEWORK: ANIMAL WELFARE IMPROVEMENTS
Given that both of our director candidates have animal welfare expertise, we believe they can help McDonald's'
achieve industry best practices
✓ Integrate binding, contractual terms for suppliers that align with best-in-class animal welfare targets and objectives
✓Clearly define a management position with responsibility for farm animal welfare on a day-to-day basis and
board/senior management oversight
✓ Advance measures to promote animal welfare standards, including training and supplier programs
✓ Develop clear, consistent, global indicators for all significant protein sources, including KPIs tied to commitments,
protein source consumption data, etc.
✓ Disclose year-over-year progress for all indicators in a centralized report, with discussion and rationale for poor and
positive trends
✓ We will oversee continued progression in animal welfare globally
CAWS
63View entire presentation