THE WALT DISNEY COMPANY | Company policy for addressing risks arising from content decisions at THE WALT DISNEY COMPANY

Status
Omitted
Previous AGM date
Resolution details
Company ticker
DIS
Lead filer
Resolution ask
Report on or disclose
ESG theme
  • Governance
ESG sub-theme
  • Other
Type of vote
Shareholder proposal
Filer type
Shareholder
Company sector
Consumer Discretionary
Company HQ country
United States
Resolved clause
Resolved: Shareholders request that the Board of Directors oversee – at the Board or an appropriate committee level – and publish a report (at reasonable cost and omitting proprietary or legally privileged information) describing the Company’s principles, governance framework, and Board-level oversight for addressing risks arising from content decisions that implicate satire, political speech, and potential government or regulatory pressures across ABC and other media businesses. As the Board deems appropriate, the report may address: • How policies and escalation pathways balance creative expression with restrictions on hate speech or incitement; • The Board’s risk-oversight approach to significant controversies, including safeguards against undue external influence while complying with applicable law; • Transparency practices (e.g., criteria, accountability, and post-incident reviews) that inform stakeholders about how policies are applied; and • Any metrics or milestones the Board finds useful to assess policy effectiveness and reputational risk.
Supporting statement
Supporting Statement (not binding): In September 2025, after ABC indefinitely suspended Jimmy Kimmel Live! following controversial remarks, major outlets reported intense debate over free expression and alleged government pressure. The episode prompted subscription cancellations and boycott calls from customers, and public calls to boycott by certain actors/creatives associated with Disney properties – signaling potential reputational, regulatory, and financial risks. A principles-based framework with clear Board-level oversight – focusing on how policies are applied, how undue external influence is resisted consistent with law, and how transparency and post-incident reviews are handled – can strengthen consistency, resilience, and long-term value without dictating editorial decisions or daily operations

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