> typically companies go to the SEC The SEC declared in 2021 that the current administration would no longer allow the exclusion of proposals like this. "Staff

> typically companies go to the SEC The SEC declared in 2021 that the current administration would no longer allow the exclusion of proposals like this. "Staff will ... instead focus on the social policy significance of the issue that is the subject of the shareholder proposal." And: "Going forward we would not concur in the exclusion of similar proposals that suggest [climate change] targets." https://www.sec.gov/corpfin/staff-legal-bulletin-14l-shareholder-proposals https://www.sec.gov/corpfin/staff-legal-bulletin-14l-shareho... So there was no reason to ask the SEC, who have already stated their position. The next recourse is to ask the courts to review SEC policy.