Resolves of the Executive Council

Resolved, That the Executive Council, meeting in Chaska, Minnesota, October 15-19, 2018, approves the 2019 shareholder engagement work outlined by the Committee on Corporate Social Responsibility (CCSR) in the attached Shareholder Advocacy Plan (Appendix 1); and be it further

Resolved, That CCSR and the Treasurer are authorized to take actions necessary to implement the Shareholder Advocacy Plan for 2019; and be it further

Resolved, That the Treasurer is directed to file shareholder resolutions with companies listed below, substantially in the form attached (Attachment 2), but always subject to appropriate review by the Chief Legal Officer that the language conforms with regulations of the U.S. Securities and Exchange Commission.

• Request Kraft Heinz to report on its efforts to curtail labor trafficking in its supply chain and sex trafficking
• Refile as lead filer resolutions on human rights with Motorola and Caterpillar
• File a shareholder resolution with one or more of Booking Holdings (Booking.com) and Trip Advisor requesting a report on the company’s impact in areas of conflict where violations of international law and human rights have been identified
• File a shareholder resolution with Olin, requesting adoption or compliance with the “Sandy Hook Principles” in their business planning and operations
• File (as lead or co-filer) resolutions with Chevron, Devon, Marathon Petroleum, Delta and Ameron seeking reports on company goals for reducing methane emissions
• File shareholder resolutions with Chevron and Next Era, if dialogue fails, seeking information on company plans to manage carbon asset risk and comply with a regulatory scenario that holds global temperature rise below a 1.5/2-degree Celsius threshold
• File shareholder resolutions with Phillips 66, Marathon Petroleum, and Wells Fargo on the construction of pipelines that endanger indigenous communities.