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Statement on the Purpose of a Corporation Americans Deserve an Economy That Allows Each Person to Succeed Through Hard Work

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Statement on the Purpose of a Corporation Americans Deserve an Economy That Allows Each Person to Succeed Through Hard Work 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 Updated with New Signatures: September 6, 2019 Kevin J. Wheeler Daniel P. Amos Doug Parker President & Chief Executive Chairman and CEO Chairman & CEO Officer Aflac American Airlines A. O. Smith Corporation Miles D. White Roger K. Newport Nicholas K. Akins Chairman and Chief Chief Executive Officer Chairman, President and CEO Executive Officer AK Steel Corporation American Electric Power Abbott Julie Sweet Brent Saunders Stephen J. Squeri Chief Executive Officer Chairman and CEO Chairman and CEO Designate Allergan plc American Express Accenture Carlos Rodriguez John O. Larsen James D. Taiclet President and CEO Chairman, President & CEO Chairman, President and CEO ADP Alliant Energy American Tower Corporation Mike Burke Lee Styslinger, III James M. Cracchiolo Chairman and CEO Chairman & CEO Chairman and Chief AECOM Altec, Inc. Executive Officer Ameriprise Financial Andrés Gluski Jeffrey P. Bezos Gail Koziara Boudreaux President and CEO Founder and Chief President and CEO The AES Corporation Executive Officer Anthem, Inc. Amazon Greg Case Brian Moynihan Charles W. Scharf CEO Chairman and CEO Chairman & CEO Aon Bank of America BNY Mellon Tim Cook José (Joe) E. Almeida Dennis A. Muilenburg CEO Chairman, President and Chairman, President & CEO Apple Chief Executive Officer The Boeing Company Baxter International Inc. Eric Foss Philip Blake Frédéric B. Lissalde Chairman, President & CEO President Bayer USA President and Chief Aramark Bayer USA Executive Officer BorgWarner Inc. Alan B. Colberg Brendan P. Bechtel Rich Lesser President and CEO Chairman & CEO CEO Assurant Bechtel Group, Inc. Boston Consulting Group Randall Stephenson Corie Barry Robert Dudley Chairman and Chief Chief Executive Officer Group CEO Executive Officer Best Buy Co., Inc. BP plc AT&T Inc. 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 Maurice R. Greenberg Evan G. Greenberg Brian Humphries Chairman and CEO Chairman & CEO Chief Executive Officer C.V. Starr & Co., Inc. Chubb Cognizant Kewsong Lee David M. Cordani Brian L. Roberts Co-Chief Executive Officer President and Chief Chairman & CEO The Carlyle Group Executive Officer Comcast Corporation Cigna D. James Umpleby III Chuck Robbins Ryan M. Lance Chairman and Chief Chairman and CEO Chairman & CEO Executive Officer Cisco Systems, Inc. ConocoPhillips Company Caterpillar, Inc. Robert E. Sulentic Michael L. Corbat Wendell P. Weeks President & CEO Chief Executive Officer Chairman, Chief Executive CBRE Group, Inc. Citigroup, Inc. Officer & President Corning Incorporated W. Anthony Will Hubertus M. Mühlhäuser Tom Linebarger President & Chief Chief Executive Officer Chairman and CEO Executive Officer CNH Industrial Cummins Inc. CF Industries Michael K. Wirth James Quincey Larry Merlo Chairman and Chief Chairman and Chief President & CEO Executive Officer Executive Officer CVS Health Chevron Corporation The Coca-Cola Company Hal Yoh Mark J. Costa Gary Norcross Chair and CEO Chairman and CEO Chairman, President & CEO Day & Zimmermann Eastman Chemical Company FIS Michael S. Dell Craig Arnold Revathi Advaithi Chairman and CEO Chairman and CEO Chief Executive Officer Dell Technologies EATON Flex Punit Renjen Pedro J. Pizarro Carlos M. Hernandez Global CEO President & CEO Chief Executive Officer Deloitte Edison International Fluor Corporation Jim Fitterling Darren W. Woods James P. Hackett Chief Executive Officer Chairman and CEO President and CEO Dow Exxon Mobil Corporation Ford Motor Company Lynn Good Carmine Di Sibio Lachlan K. Murdoch Chairman, President & CEO Global Chairman & CEO Executive Chairman & CEO Duke Energy EY Fox Corporation JM Lawrie Frederick W. Smith Richard C. Adkerson Chairman, President, and CEO Chairman & CEO Vice Chairman, President and DXC Technology FedEx Corporation Chief Executive Officer Freeport-McMoRan Inc. Phebe Novakovic Dinesh C. Paliwal Charles Phillips Chairman and CEO President and Chief Chief Executive Officer General Dynamics Corporation Executive Officer Infor HARMAN International Mary Barra Steven R. Swartz Mark S. Sutton Chairman & CEO President and CEO Chairman and CEO General Motors Company HEARST Corporation International Paper Co. David M. Solomon Craig Menear Michael I. Roth Chairman and Chief Chairman, CEO and President Chairman and Chief Executive Officer The Home Depot Executive Officer The Goldman Sachs Group, Inc. Interpublic Group Bradley J. Preber Darius Adamczyk Linda H. Apsey Interim CEO Chairman and CEO President & CEO Grant Thornton LLP Honeywell ITC Holdings Corp. Deanna M. Mulligan Mike Petters Steve Demetriou President and CEO President and Chief Chair and CEO Guardian Life Insurance Executive Officer Jacobs Company of America Huntington Ingalls Industries Gerald W. Evans Ginni Rometty Samuel R. Allen CEO Chairman, President, and Chairman and CEO Hanesbrands Inc. Chief Executive Officer John Deere IBM Corporation Alex Gorsky William M. Brown Jeff Gennette Chairman of the Board and Chairman & Chief Chairman & Chief Chief Executive Officer Executive Officer Executive Officer Johnson & Johnson L3Harris Technologies, Inc. Macy’s, Inc. George R. Oliver Beth E. Ford Mark Trudeau Chairman and CEO President and CEO President and CEO Johnson Controls Land O'Lakes, Inc. Mallinckrodt Pharmaceuticals Jamie Dimon Roger A. Krone Lee M. Tillman Chairman and CEO Chairman and Chief Chairman, President and CEO JPMorgan Chase & Co. Executive Officer Marathon Oil Corporation Leidos Beth E. Mooney Stuart Miller Gary R. Heminger Chairman & CEO Executive Chairman Chairman and CEO KeyCorp Lennar Corporation Marathon Petroleum Corporation Bruce E. Grewcock Marillyn A. Hewson Arne M. Sorenson CEO and Chairman of the Chairman, President and CEO President and Chief Board Lockheed Martin Corporation Executive Officer Kiewit Corporation Marriott International, Inc. Lynne M. Doughtie Bhavesh V. (Bob) Patel Roger W. Crandall Chairman and CEO Chief Executive Officer Chairman, President & Chief KPMG LLP LyondellBasell Industries Executive Officer MassMutual Ajay Banga Sanjay Mehrotra Ted Mathas President & CEO President & CEO Chairman, President and CEO Mastercard Micron Technology New York Life Insurance Co. Lawrence E. Kurzius Ken Moelis David L. Stover Chairman, President and CEO Chairman & CEO Chairman and CEO McCormick and Company, Inc. Moelis & Company Noble Energy, Inc. Brian Tyler James P. Gorman Kathy Warden Chief Executive Officer Chairman & CEO Chairman, Chief Executive McKesson Corporation Morgan Stanley Officer and President Northrop Grumman Corporation Kevin Sneader Greg Brown Steve Fisher Global Managing Partner Chairman & CEO President & CEO McKinsey & Company Motorola Solutions Novelis Omar Ishrak Adena T. Friedman Mauricio Gutierrez Chairman & CEO President and CEO President & CEO Medtronic plc Nasdaq NRG Energy, Inc. Michel Khalaf Thomas C. Nelson Safra Catz President & Chief Chairman, President & CEO CEO Executive Officer National Gypsum Company Oracle MetLife Brian Chambers David S. Taylor Blake D. Moret President and Chief Chairman of the Board, Chairman and Chief Executive Officer President and Chief Executive Officer Owens Corning Executive Officer Rockwell Automation The Procter & Gamble Company Ramon Laguarta Tricia Griffith Douglas L. Peterson Chairman and CEO President & CEO President and CEO PepsiCo Progressive Corporation S&P Global Dr. Albert Bourla Bob Moritz Keith Block Chief
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