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AT&T Political Engagement Report

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AT&T Political Engagement Report AT&T Political Engagement Report July 2012-December 2012 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 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 involvement in the political process through its AT&T Employee PACs. In all, there are 30 separate state employee PACs and one federal employee PAC. Each employee PAC has a Chairman, officers, and committees that are engaged in PAC operations. Each employee PAC’s Disbursement Committee, which determines the contributions that will be made, is comprised of management employees from various AT&T business units and management levels within the company. Consideration of a contribution to a candidate is largely based on the candidate’s position on issues of importance to AT&T’s business and the communications and technology industry. AT&T Federal PAC Contributions July-December Federal & State Candidates Candidate Office 2012 Contributions Aderholt, Robert US House of Representatives, AL $1,500 Allen, George US Senate, VA $4,000 Amodei, Mark US House of Representatives, NV $1,500 Anderson, Jim State Senate, WY $100 Andrist, John State Senate, ND $100 Ayotte, Kelly US Senate, NH $2,000 Baltimore, Chip State House of Representatives, IA $150 Barber, Ronald US House of Representatives, AZ $1,000 Barnes, Clark State Senate, WV $500 Bartz, Merlin State Senate, IA $200 Bass, Karen US House of Representatives, CA $500 4 AT&T Inc. AT&T Political Engagement Report AT&T Federal PAC (Continued) July-December Federal & State Candidates Candidate Office 2012 Contributions Beatty, Joyce US House of Representatives, OH $1,000 Bebout, Eli State Senate, WY $100 Behn, Jerry State Senate, IA $400 Bellew, Larry State House of Representatives, ND $100 Belter, Wesley State House of Representatives, ND $200 Benishek, Dan US House of Representatives, MI $5,500 Bentivolio, Kerry US House of Representatives, MI $1,000 Biggert, Judy US House of Representatives, IL $2,000 Bilbray, Brian US House of Representatives, CA $1,000 Bishop, Sanford US House of Representatives, GA $3,000 Bishop, Timothy US House of Representatives, NY $1,500 Black, Diane US House of Representatives, TN $1,000 Boggs, Lawrence State House of Representatives, WV $500 Bonamici, Suzanne US House of Representatives, OR $1,000 Boozman, John US Senate, AR $2,000 Brady, Kevin US House of Representatives, TX $2,000 Brady, Robert US House of Representatives, PA $5,000 Brandenberg, Mike State House of Representatives, ND $100 Bridenstine, James US House of Representatives, OK $1,000 Brooks, Susan US House of Representatives, IN $2,500 Broun, Paul US House of Representatives, GA $1,500 Brown, Anthony Lt. Governor, MD $2,500 Brown, Corey State Senate, SD $250 Brown, Corrine US House of Representatives, FL $1,000 Brown, Kermit State House of Representatives, WY $100 Brown, Scott US Senate, MA $1,000 Brown, Sherrod US Senate, OH $1,500 Bucshon, Larry US House of Representatives, IN $1,000 Buerkle, Ann US House of Representatives, NY $1,000 Buhl, Angie State Senate, SD $150 Burgess, Michael C. US House of Representatives, TX $5,000 Burkhart, Donald State House of Representatives, WY $100 Camp, David US House of Representatives, MI $1,500 Campbell, John US House of Representatives, CA $1,000 Carlisle, Ron State Senate, ND $100 Carmichael, Mitch State House of Representatives, WV $500 Carnahan, Russ US House of Representatives, MO $1,000 Carney, John US House of Representatives, DE $1,000 Carson, Andre US House of Representatives, IN $1,000 Castor, Kathy US House of Representatives, FL $1,000 Castro, Joaquin US House of Representatives, TX $1,000 Chabot, Steve US House of Representatives, OH $1,000 Chaffetz, Jason US House of Representatives, UT $2,000 Chandler, Ben US House of Representatives, KY $1,000 Christensen, Donna US House of Representatives, VI $2,500 Chu, Judy US House of Representatives, CA $2,000
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