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AT&T Political Engagement Report

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AT&T Political Engagement Report AT&T Political Engagement Report July 2013-December 2013 1© 2013 AT&T AT&T Inc. Intellectual Property. All rights reserved. AT&T and the AT&T logo are trademarks ofAT&T AT&T PoliticalIntellectual Engagement Property. Report Corporate Governance & Board Oversight Policy AT&T values responsible corporate governance and participates in the political process in an effort to formulate policies that benefit consumers, shareholders and the communities in which we operate. One of the many ways we encourage a all contributions made by the Company. The dynamic public policy debate is by supporting a Committee in turn both provides a full report of wide range of political candidates who are these activities and recommends to the Board addressing the issues of greatest concern to for its approval, a resolution setting the the country. While we do not always agree with maximum amount of political contributions to every position taken by political candidates and be made by the Company. Each year, the political organizations, we do provide support Public Policy and Corporate Reputation where they have significant positions that align Committee recommends and the Board reviews with our company’s core goals. and approves a maximum limit on the aggregate amount of political contributions In making contributions, AT&T is guided by that may be made, and authorizes only political strong corporate governance principles and contributions that are permitted by, and in practices. We are committed to complying with strict compliance with, applicable law. The laws and regulations governing the political AT&T Political Contribution Statement is process including campaign finance and posted externally on AT&T’s public website at disclosure rules. AT&T has established strict http://www.att.com/gen/investor-relations?pid=7726. internal policies, processes and compliance AT&T complies with the law and does not make measurements to ensure adherence to legal corporate political contributions to candidates and regulatory requirements. for federal office. Board of Directors Oversight Senior Leadership Approval The Public Policy and Corporate Reputation AT&T’s Senior Executive Vice President - Committee of the Board of Directors is External and Legislative Affairs, who reports responsible for oversight of AT&T’s public policy directly to the Chief Executive Officer, is activities, corporate political fund disbursement, responsible for overall management and and it receives regular and formal reports as to participation in the political process. Support 2 AT&T Inc. AT&T Political Engagement Report for candidates and organizations are based on Reputation Committee on a regular basis, and common public policy priorities. both the Committee and full Board are provided with the full list of contributions and Corporate political contributions are made have an opportunity to provide guidance with without regard for the personal political respect to the contributions by the Company. preferences of AT&T’s officers and executives. Further, no contributions are made in Code of Business Conduct anticipation of, in recognition of, or in return for any act or favor. AT&T applies a robust AT&T’s Code of Business Conduct includes authorization process for political expenditures. provisions regarding political activity and Except for contributions for ballot measures, no contributions that provide guiding principles corporate political expenditure over $1,000 and practical application for employees. AT&T’s may be made unless approved by the Chief Code of Business Conduct is reviewed annually Executive Officer, Senior Executive Vice by all employees. AT&T encourages its President - External and Legislative Affairs and employees’ voluntary, personal participation in Senior Executive Vice President & General the political process, whether by voting, Counsel. Each proposed political expenditure, volunteering time, contributing money to the regardless of amount, must be reviewed by candidates of their choice or holding public AT&T’s legal counsel to confirm that it is lawful office. However, there are strict laws that apply from a state and federal law standpoint as to corporate involvement in the political applicable. process and it is important that employees’ personal political activities are separate from Contributions to Industry Associations and their responsibilities to the company; therefore Coalitions AT&T has a policy to guide employees with respect to their personal political activities. AT&T has a rigorous approval process for Employees are advised that personal political contributions to industry associations and activities must never occur on company time coalitions. Each proposed contribution must be and no company resources can be used. in the best interests of the company and our Additionally, AT&T does not reimburse shareholders, and must be approved by the employees, directly or indirectly, for political Senior Executive Vice President, External & donations or expenses. Legislative Affairs and the Senior Executive Vice President & General Counsel or other senior And it is the unequivocal policy of AT&T that no leaders. Contributions are also reviewed and employee will be subject to any form of approved by AT&T’s legal counsel for purposes pressure, coercion or intimidation related to of confirming that contributions are legally participation in political activities, nor shall any permissible. These contributions are discussed employee receive compensation or benefits for with the Public Policy and Corporate participating in personal political activities. 3 AT&T Inc. AT&T Political Engagement Report PAC Contributions AT&T’s Employee Political Action Committees (PACs) are voluntary and non- partisan and provide AT&T management employees an opportunity to collectively support public policy positions that are important to AT&T. AT&T has a long history of employee Each employee PAC’s Disbursement Committee, involvement in the political process through its which determines the contributions that will be AT&T Employee PACs. In all, there are 30 made, is comprised of management employees separate state employee PACs and one federal from various AT&T business units and employee PAC. Each employee PAC has a management levels within the company. Chairman, officers, and committees that are Consideration of a contribution to a candidate engaged in PAC operations. is largely based on the candidate’s position on issues of importance to AT&T’s business and the communications and technology industry. July-December 2013 Federal & State Candidates Candidate Office Contributions Aderholt, Robert US House of Representatives, AL $500 Alexander, Lamar US Senate, TN $1,000 Amodei, Mark US House of Representatives, NV $4,000 Andrews, Robert US House of Representatives, NJ $1,000 Armstead, Timothy State House of Representatives, WV $500 Baldwin, Tammy US Senate, WI $1,000 Barber, Ron US House of Representatives, AZ $1,000 Barletta, Lou US House of Representatives, PA $500 Barr, Andy US House of Representatives, KY $2,000 Barrasso, John US Senate, WY $2,500 Barrett, Jason State House of Representatives, WV $250 Beatty, Joyce US House of Representatives, OH $1,000 Becerra, Xavier US House of Representatives, CA $2,000 Begich, Mark US Senate, AK $1,000 Bennet, Michael US Senate, CO $1,000 Bera, Ami US House of Representatives, CA $1,000 Bishop, Rob US House of Representatives, UT $2,000 Bishop, Sanford US House of Representatives, GA $3,000 4 AT&T Inc. AT&T Political Engagement Report AT&T Federal PAC (Continued) July-December 2013 Federal & State Candidates Candidate Office Contributions Bishop, Tim US House of Representatives, NY $1,500 Black, Diane US House of Representatives, TN $1,000 Blumenthal, Richard US Senate, CT $1,000 Boehner, John US House of Representatives, OH $5,000 Boggs, Brent State House of Representatives, WV $500 Booker, Cory US Senate, NJ $2,000 Boustany, Charles US House of Representatives, LA $1,000 Brady, Kevin US House of Representatives, TX $1,000 Brady, Robert US House of Representatives, PA $5,000 Brooks, Susan US House of Representatives, IN $1,500 Brown, Corrine US House of Representatives, FL $1,000 Brownley, Julia US House of Representatives, CA $1,000 Bustos, Cheri US House of Representatives, IL $2,000 Byrne, Bradley US House of Representatives, AL $5,000 Calvert, Ken US House of Representatives, CA $3,000 Camp, David US House of Representatives, MI $2,500 Capito, Shelley US Senate, WV $1,000 Caputo, Michael State House of Representatives, WV $250 Cardenas, Tony US House of Representatives, CA $1,000 Cartwright, Matthew US House of Representatives, PA $1,000 Chabot, Steve US House of Representatives, OH $1,000 Christensen, Donna US House of Representatives, VI $4,000 Chu, Judy US House of Representatives, CA $3,000 Cicilline, David US House of Representatives, RI $2,000 Clark, Katherine US House of Representatives, MA $1,000 Clarke, Yvette US House of Representatives, NY $2,000 Clay, William US House of Representatives, MO $4,000 Cleaver, Emanuel US House of Representatives, MO $4,000 Clyburn, James US House of Representatives, SC $1,500 Cohen, Stephen US House of Representatives, TN $2,500 Cole, Thomas US House of Representatives, OK $1,000 Collins, Christopher US House of Representatives, NY $1,000 Collins, Susan US Senate, ME $2,000 Conaway, Michael US House of Representatives, TX $1,000 Connolly, Gerald US House of Representatives, VA $1,000 Cook, Paul US House of Representatives, CA $2,000 Cookman, Donald State Senate, WV $500 Cooper, Jim US House
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