Supporting Statement: Meta, headquartered in Silicon Valley, is apparently an H-1B-dependent employer. According to the US Department of Labor (DOL), a company is H-1B dependent if it has 51 or more full- time employees, and 15% or more of those employees are H-1B nonimmigrants. In 2025 alone, Meta apparently facilitated the approval of 6,294 H-1B visa applications. On September 19, 2025, the U.S. Department of Labor announced the launch of Project Firewall, an H-1B enforcement initiative. This initiative, spearheaded by the DOL and the EEOC, reiterates Americans’ legal protections against national origin discrimination, “which can include preferring foreign workers by advertising job openings as only available to H-1B visa holders.” Currently, Meta is embroiled in litigation involving the Company’s alleged abuse of the H-1B visa process. Plaintiffs allege that Meta prioritized hiring H-1B visa holders over American workers. This case is not Meta’s only instance of alleged discrimination. In 2021, Meta was investigated by both the DOJ and the DOL and reached a historic settlement: Meta paid a civil penalty of over $14 million to the federal government and American victims. This settlement was the “largest fine and monetary award that the Civil Rights Division ever recovered in the 35-year history of the INA’s anti-discrimination provision.” Meta has not only faced legal and financial penalties for alleged discrimination; Meta has also faced public scrutiny from former employees. Zach Wilson, a former Meta employee, revealed that fifteen of the seventeen members of his engineering team were noncitizen H-1B visa holders. Relatedly, a post on LinkedIn asked: “China Dominates Meta’s Superintelligence Team— Should We Worry?” Anti-American hiring practices are unlawful and expose Meta to significant financial and reputational risks that could harm shareholder value and ROI. These concerns are intensified by Meta’s recent layoffs of approximately 3,600 skilled workers, many of whom were American, which makes the Company’s overreliance on H-1B hiring appear even more problematic. Skilled international workers benefit Meta, but Meta should not hire H-1B visa holders at the expense of skilled American workers. ROI must be obtained legally: “While cost-cutting and outsourcing are not unlawful, Lucas, the EEOC chair, said that companies cannot discriminate against U.S. workers even when doing so would save money.” Accordingly, shareholders urge the Board to exercise appropriate oversight by conducting and publishing an evaluation so investors may better assess whether Meta’s H-1B hiring practices pose material reputational, legal, or financial risks