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Statement on the Purpose of a Corporation Americans Deserve An

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Statement on the Purpose of a Corporation Americans Deserve An Statement on the Purpose of a Corporation Americans deserve an economy that allows each person to succeed through hard work and creativity and to lead a life of meaning and dignity. We believe the free-market system is the best means of generating good jobs, a strong and sustainable economy, innovation, a healthy environment and economic opportunity for all. Businesses play a vital role in the economy by creating jobs, fostering innovation and providing essential goods and services. Businesses make and sell consumer products; manufacture equipment and vehicles; support the national defense; grow and produce food; provide health care; generate and deliver energy; and offer financial, communications and other services that underpin economic growth. While each of our individual companies serves its own corporate purpose, we share a fundamental commitment to all of our stakeholders. We commit to: - Delivering value to our customers. We will further the tradition of American companies leading the way in meeting or exceeding customer expectations. - Investing in our employees. This starts with compensating them fairly and providing important benefits. It also includes supporting them through training and education that help develop new skills for a rapidly changing world. We foster diversity and inclusion, dignity and respect. - Dealing fairly and ethically with our suppliers. We are dedicated to serving as good partners to the other companies, large and small, that help us meet our missions. - Supporting the communities in which we work. We respect the people in our communities and protect the environment by embracing sustainable practices across our businesses. - Generating long-term value for shareholders, who provide the capital that allows companies to invest, grow and innovate. We are committed to transparency and effective engagement with shareholders. Each of our stakeholders is essential. We commit to deliver value to all of them, for the future success of our companies, our communities and our country. Released: August 19, 2019 Signatures Updated: September 2019, December 2019, February 2020, April 2020, June 2020, August 2020, September 2020 and October 2020. Kevin J. Wheeler Daniel P. Amos Nicholas K. Akins President & Chief Executive Chairman and CEO Chairman, President and CEO Officer Aflac American Electric Power A. O. Smith Corporation Roger K. Newport Stephen J. Squeri Robert Ford Chief Executive Officer Chairman and CEO President and Chief AK Steel Corporation American Express Executive Officer Abbott Julie Sweet John O. Larsen Thomas Bartlett Chief Executive Officer Chairman, President & CEO President and Chief Executive Designate Alliant Energy Officer Accenture American Tower Corporation Carlos Rodriguez Lee Styslinger, III James M. Cracchiolo President and CEO Chairman & CEO Chairman and Chief ADP Altec, Inc. Executive Officer Ameriprise Financial Mike Burke Jeffrey P. Bezos Gail Koziara Boudreaux Chairman and CEO Founder and Chief President and CEO AECOM Executive Officer Anthem, Inc. Amazon Andrés Gluski Doug Parker Greg Case President and CEO Chairman & CEO CEO The AES Corporation American Airlines Aon Tim Cook Brian Moynihan Todd Gibbons CEO Chairman and CEO Chief Executive Officer Apple Bank of America BNY Mellon Eric Foss José (Joe) E. Almeida Frédéric B. Lissalde Chairman, President & CEO Chairman, President and Chief President and Chief Aramark Executive Officer Executive Officer Baxter International Inc. BorgWarner Inc. Alan B. Colberg Philip Blake Rich Lesser President and CEO President Bayer USA CEO Assurant Bayer USA Boston Consulting Group Randall Stephenson Brendan P. Bechtel Robert Dudley Chairman and Chief Chairman & CEO Group CEO Executive Officer Bechtel Group, Inc. BP plc AT&T Inc. John Stankey Corie Barry Bernard Looney Chief Executive Officer Chief Executive Officer Chief Executive Officer AT&T Inc. Best Buy Co., Inc. BP John A. Hayes Laurence D. Fink Giovanni Caforio Chairman, President Chairman and Chief Chairman and Chief and CEO Executive Officer Executive Officer Ball Corporation BlackRock, Inc. Bristol Myers Squibb Bob Biesterfeld Michael F. Neidorff Chuck Robbins President and Chief Chairman, President, and CEO Chairman and CEO Executive Officer Centene Corporation Cisco Systems, Inc. C.H. Robinson Worldwide Maurice R. Greenberg W. Anthony Will Michael L. Corbat Chairman and CEO President & Chief Chief Executive Officer C.V. Starr & Co., Inc. Executive Officer Citigroup, Inc. CF Industries Kewsong Lee Michael K. Wirth Lourenco Goncalves Co-Chief Executive Officer Chairman and Chief Executive Chairman, President and Chief The Carlyle Group Officer Executive Officer Chevron Corporation Cleveland-Cliffs, Inc. David Gitlin Brian Niccol Hubertus M. Mühlhäuser President and Chief Chairman and Chief Executive Chief Executive Officer Executive Officer Officer CNH Industrial Carrier Global Corporation Chipotle Mexican Grill D. James Umpleby III Evan G. Greenberg James Quincey Chairman and Chief Chairman & CEO Chairman and Chief Executive Officer Chubb Executive Officer Caterpillar, Inc. The Coca-Cola Company Robert E. Sulentic David M. Cordani Brian Humphries President & CEO President and Chief Chief Executive Officer CBRE Group, Inc. Executive Officer Cognizant Cigna Brian L. Roberts Larry Merlo Bob Chapek Chairman & CEO President & CEO Chief Executive Officer Comcast Corporation CVS Health The Walt Disney Company Ryan M. Lance Hal Yoh Jim Fitterling Chairman & CEO Chair and CEO Chief Executive Officer ConocoPhillips Company Day & Zimmermann Dow Wendell P. Weeks John May Lynn Good Chairman, Chief Executive Chief Executive Officer Chairman, President & CEO Officer & President Deere & Company Duke Energy Corning Incorporated Michael S. Dell Ed Breen James C. Collins, Jr. Chairman and CEO Executive Chair of the Board & Chief Executive Officer Dell Technologies CEO Corteva Agriscience DuPont de Nemours, Inc. Tom Linebarger Punit Renjen JM Lawrie Chairman and CEO Global CEO Chairman, President, and CEO Cummins Inc. Deloitte DXC Technology Brett White Ed Bastian Mike Salvino Executive Chairman & CEO Chief Executive Officer President and Chief Executive Cushman & Wakefield Delta Air Lines, Inc. Officer DXC Technology Mark J. Costa Carmine Di Sibio James “Jim” D. Farley, Jr. Chairman and CEO Global Chairman & CEO President and Chief Executive Eastman Chemical Company EY Officer Ford Motor Company Craig Arnold Frederick W. Smith Lachlan K. Murdoch Chairman and CEO Chairman & CEO Executive Chairman & CEO EATON FedEx Corporation Fox Corporation Pedro J. Pizarro Gary Norcross Richard C. Adkerson President & CEO Chairman, President & CEO Vice Chairman, President and Edison International FIS Chief Executive Officer Freeport-McMoRan Inc. David A. Ricks Revathi Advaithi Sonia Syngal Chairman and Chief Chief Executive Officer Chief Executive Officer Executive Officer Flex Gap Inc. Eli Lilly and Company Christopher M. Crane Carlos M. Hernandez Phebe Novakovic President and Chief Chief Executive Officer Chairman and CEO Executive Officer Fluor Corporation General Dynamics Corporation Exelon Corporation Darren W. Woods James P. Hackett Mary Barra Chairman and CEO President and CEO Chairman & CEO Exxon Mobil Corporation Ford Motor Company General Motors Company David M. Solomon Steven R. Swartz Ginni Rometty Chairman and Chief President and CEO Chairman, President, and Chief Executive Officer HEARST Corporation Executive Officer The Goldman Sachs Group, IBM Corporation Inc Bradley J. Preber Craig Menear Arvind Krishna Interim CEO Chairman, CEO and President Chief Executive Officer Grant Thornton LLP The Home Depot IBM Corporation Deanna M. Mulligan Darius Adamczyk Charles Phillips President and CEO Chairman and CEO Chief Executive Officer Guardian Life Insurance Honeywell Infor Company of America Gerald W. Evans Enrique Lores Robert H. Swan CEO President and CEO Chief Executive Officer Hanesbrands Inc. HP Inc. Intel Corporation Stephen B. Bratspies Bruce Broussard Mark S. Sutton Chief Executive Officer President and CEO Chairman and CEO Hanesbrands Inc. Humana Inc. International Paper Co. Dinesh C. Paliwal Mike Petters Michael I. Roth President and Chief President and Chief Executive Chairman and Chief Executive Executive Officer Officer Officer HARMAN International Huntington Ingalls Industries Interpublic Group Linda H. Apsey Beth E. Mooney William M. Brown President & CEO Chairman & CEO Chairman & Chief ITC Holdings Corp. KeyCorp Executive Officer L3Harris Technologies, Inc. Steve Demetriou Christopher M. Gorman Beth E. Ford Chair and CEO Chairman, Chief Executive President and CEO Jacobs Officer, and President Land O'Lakes, Inc. KeyCorp Samuel R. Allen Bruce E. Grewcock Roger A. Krone Chairman and CEO CEO and Chairman of the Chairman and Chief John Deere Board Executive Officer Kiewit Corporation Leidos Alex Gorsky Michael Hsu Stuart Miller Chairman of the Board Chairman of the Board and Executive Chairman and Chief Executive Chief Executive Officer Lennar Corporation Officer Kimberly-Clark Johnson & Johnson George R. Oliver Bill Thomas James D. Taiclet Chairman and CEO Global Chairman and CEO President and Chief Executive Johnson Controls KPMG LLP Officer Lockheed Martin Corporation Jamie Dimon Lynne M. Doughtie Marillyn A. Hewson Chairman and CEO Chairman and CEO Chairman, President and CEO JPMorgan Chase & Co. KPMG LLP Lockheed Martin Corporation Bhavesh V. (Bob) Patel Arne M. Sorenson Kevin Sneader Chief Executive Officer President and Chief Global Managing Partner LyondellBasell Industries Executive
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