Supporting Statement
As a long‑term shareholder of IQVIA, I support transparency and accountability in corporate electoral spending. This
includes any activity considered intervention in a political campaign under the Internal Revenue Code, such as direct and
indirect contributions to political candidates, parties, or organizations, and independent expenditures or electioneering
communications on behalf of federal, state, or local candidates.
A company’s reputation, value, and bottom line can be adversely impacted by political spending. The risk is especially
serious when giving to trade associations, Super PACs, 527 committees, and “social welfare” organizations – group that
routinely pass money to or spend on behalf of candidates and political causes that a company might not otherwise wish
to support.
The Conference Board’s 2021 “Under a Microscope” report details these risks, recommends the process suggested in this
proposal, and warns “a new era of stakeholder scrutiny, social media, and political polarization has propelled corporate
political activity – and the risks that come with it – into the spotlight. Political activity can pose increasingly significant
risks for companies, including the perception that political contributions – and other forms of activity – are at odds with
core company values.”
This proposal asks IQVIA to disclose all of its electoral spending, including payments to trade associations and other
tax‑exempt organizations which may be used for electoral purposes – and are otherwise undisclosed. This would bring
our Company in line with a growing number of leading companies, including Cognizant Technology Solutions
Corporation, Fiserv, Inc. and Regeneron Pharmaceuticals, Inc., which present this information on their websites.
Without knowing the recipients of our company’s political dollars shareholders cannot sufficiently assess whether our
company’s election‑related spending aligns or conflicts with its policies on climate change and sustainability, or other
areas of concern. Please support this important governance reform.

Filed by John Chevedden