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NAVEX Announces AI-Powered Compliance Assistant

NAVEX Global

NAVEX, the leader in integrated risk and compliance management software, today announced NAVEX Compliance Assistant. The initial release of this new AI-powered functionality will offer instant answers to employee questions regarding company policies and procedures delivered in natural language. This functionality makes an organization’s compliance program more accessible and personal for all employees. As part of the NAVEX One GRC Information System, employees interact with NAVEX Compliance Assistant by asking it questions in their own words. The AI-powered Compliance Assistant then searches through a company’s policies and procedures to present a comprehensive answer to the employee’s inquiry. Compliance Assistant applies Large Language Model (LLM) technology to customer-controlled document sets for maximum relevance and accuracy. NAVEX’s secure cloud infrastructure protects document and data privacy. Rich NAVEX Integration Ensures Ease of Use and Data Security The AI-powered NAVEX Compliance Assistant is seamlessly integrated into NAVEX One People Hub, a unified, simplified way for employees to engage with the compliance program. Through People Hub, employees can conveniently report incidents, confirm policy adherence, complete training and disclose information within a user-friendly interface accessible on mobile devices. With the addition of Compliance Assistant, employees, and other authorized parties, can quickly clarify how to follow specific procedures and policies that apply to them. NAVEX Compliance Assistant offers a range of features tailored to meet the needs of organizations of all sizes, including: Intuitive chat interface: Employees can query the system with natural language questions about a policy or procedure of interest and receive prompt, accurate responses. Multilingual access: Users can ask questions and receive answers in 70 languages. Find relevant policies: Employees can easily search for and access relevant, verified policies and procedures, eliminating time-consuming manual searches or the need to reach out across departments to source an answer. Responsive access anywhere: NAVEX Compliance Assistant is accessible via the web and mobile devices, helping employees access critical compliance information from anywhere. Uncompromising privacy and security: NAVEX is committed to safeguarding all data within the systems it manages, including policy and procedure information and employee queries through Compliance Assistant. “Successful organizations turn governance, risk and compliance management into a competitive advantage. It helps prevent mistakes, motivate employees, and promotes confident decision-making,” said Sean Thompson, Chief Executive Officer at NAVEX. “In my years of experience with natural language user interface technology, incorporating it into a GRC program is one of the most exciting applications. Our new AI-enabled Compliance Assistant makes engaging with the compliance program simpler and more intuitive, which in turn makes employees more confident users of the system.” Expert point of view The adoption of AI-powered technologies to facilitate access to compliance-related information can bring great benefits. “Giving employees the ability to quickly and accurately access company policies and procedures fosters a culture of trust and safety with regards to risk mitigation. It also makes the whole process more efficient," said Darren Bradshaw, Chief Audit and Compliance Officer of Stellantis, a multinational automotive company on a journey of transformation into a sustainable mobility tech organization. Stellantis, as a customer of some NAVEX applications, plans to partner with the company to test the usability of this new application. To learn more about the AI-powered NAVEX Compliance Assistant, visit https://www.navex.com/en-us/products/navex-ethics-compliance/ai-employee-compliance-assistant/. Or, read our blog, “ Artificial Intelligence – The Next Frontier of GRC Management ” on Risk & Compliance Matters. NAVEX is trusted by thousands of customers worldwide to help them achieve the business outcomes that matter most. As the global leader in integrated risk and compliance management software and services, we deliver solutions through the NAVEX One platform, the industry’s most comprehensive governance, risk and compliance (GRC) information system. For more information, visit NAVEX.com and our blog. Follow us on Twitter and LinkedIn. Contact Details Scott Levesque +1 617-388-5773 scott.levesque@navex.com Company Website https://www.navex.com

May 30, 2023 08:30 AM Eastern Daylight Time

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Livento Group announces the settlement of the promissory note and an equity investment

Livento Group

NuGene International, Inc./ Livento Group, Inc. (OTC: NUGN ), a fully public reporting holding company to the U.S. Securities and Exchange Commission has obtained new financing from leading institutional investor in the United States. The investor has acquired an old note of Livento Group from Kodiak Capital Group LLC. (“KCG”) and as part of the transaction, Livento Group has issued 40,000 shares of its newly created Series E Preferred Stock. Livento’s management has announced that a potential loss/dispute has been averted, where KCG could have claimed an outstanding balance on the note, including interest and penalties, exceeding $600,000. In addition to acquiring an old pending note of Livento Group, the investor has agreed to make an initial investment of up to $750,000 in the company in restricted F class shares. The Investment is expected to have a positive impact on Livento Group’s financial position and represents a significant step forward in the company’s continued growth strategy. Furthermore, the investor has expressed its intention to invest additional funds in Livento Group at a later stage. The investment is seen as a validation of Livento Group’s business model and its management team’s ability to execute its growth plans. Livento Group is gaining significant attention in the investment industry with its innovative approach to building great businesses. This investment is a significant vote of confidence in Livento Group’s potential for growth and innovation. As one of the prominent institutional investors in the United States, this company is renowned for its ability to identify promising companies and support their development and expansion. Livento Group’s potential for success is underscored by this investment, serving as a compelling testament to their capabilities. “Securing this investment fills us with immense excitement,” expressed David Stybr, CEO of Livento Group. The infusion of capital will empower us to persistently drive innovation, introducing novel products and services to the market. We eagerly anticipate a prosperous partnership ahead.” The investment will provide Livento Group with the necessary resources to accelerate its growth and expand its reach in the market. The access to capital provided by the investor will be used by Livento for further investment by the group. About Livento Group, Inc. Livento Group (OTC: NUGN ) is focused on acquiring and developing companies with disruptive business models. The company recently launched BOXO Productions, a film and television production subsidiary led by a top actor and producers in the industry. For more information, visit www.liventogroup.com and www.boxoproductions.com. Safe Harbor Statement: This release contains forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995. You can identify these statements as predictions, projections, or references future events and expectations, possibilities or similar. Forward-looking statements involve risks and uncertainties that could cause results to differ materially from those projected or anticipated. Although the Company believes the expectations reflected in our forward-looking statements are based on reasonable assumptions, the Company is unable to give any assurance that its expectations will be attained due to several variable factors. Factors or events that could cause actual results to differ may emerge, and it is impossible for the Company to predict all of them. Some of these risks and uncertainties include, but are not limited to, general economic and business conditions, effects of continued geopolitical unrest and regional conflicts, in customer order patterns, changes in consumer trends, and various other factors beyond the Company's control. Although the Company intends to provide public updates, it undertakes no obligation to publicly update any forward-looking statement, whether as a result of new information, future developments or otherwise, except as may be required by law. Contact: David Stybr, CEO Livento Group, Inc. ir@liventogroup.com Livento Group | LinkedIn | Twitter Boxo Productions | LinkedIn | Twitter | Instagram | Facebook Contact Details Livento Group, Inc. ir@liventogroup.com

May 25, 2023 02:00 PM Eastern Daylight Time

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Grape Launches Layer One Ecosystem to Power AI Driven Decentralized Internet

Grape

The Grape team's core vision is both true decentralization and global mass adoption of blockchain and web3. For this reason, Grape set out to solve the core issues preventing both. Issues such as web3 and cryptocurrency being difficult to use or understand for the average person, the fact that almost none of the technologies used in Web3 are truly decentralized and the issue that there is not a seamless ecosystem that can handle the demand needed for complex decentralized applications. Grape is actively solving these barriers through: A Complete Ecosystem - Bringing all of the necessary technologies into one ecosystem (decentralized file storage, adaptable smart contracts, dag layer one, AI tools, etc..) to create a single environment for the creation of decentralized assets and applications. True Decentralization - Creating a DAG core without supernodes or back doors, making it completely user powered and therefore 100% decentralized. Power for the Future - The Grape team wanted to allow for the limitless creation of complex applications and content on Grape, so creating a system without hard limits on transaction processing was top priority. This has been achieved through Vine and its advanced node system. Each user node adds an additional 1,000 transactions per second in processing power to Vine. This means that by adding only 15 individual user nodes to Vine, it can be as decentralized as a coin like Bitcoin, with the ability to process as many transactions as major centralized systems, like Visa at 15,000 TPS. Increasing the amount of user nodes, Vine can easily power 700,000+ transactions per second while maintaining absolute decentralization. Nodes can be created easily via the wallet. Mass adoption - The Grape team believes that hyper simplicity, compatibility and usability are all key to the mass adoption of web3 and cryptocurrency. For this reason, Grape is building ANNE, their AI Neural Network Engine which will power their AI smart contract generator. Using this, users will be able to create complex decentralized websites and Dapps in minutes to hours, rather than months and years. The Grape team believes that by making blockchain and web3 easy to use, mass adoption is inevitable. By allowing anyone to produce Dapps with text commands, the amount of decentralized sites and applications can go from hundreds a year to hundreds of thousands a year. Creating adoption and perpetual growth, while fostering ideas. Compatibility - The Grape team believes that making things as seamless and compatible with the industry is important for the future. Things like EVM compatibility and integration into commonly used Web2 systems are being built into Grape’s core without compromising security and decentralization. Finance3 - Grape hopes to drive the decentralized finance revolution through key partnerships that combine the convenience of fiat with the privacy of cryptocurrency. Taking Part in Grape Grape is offering two opportunities for users to get GRP before its full launch. Grape Distribution The first is through their seven whitelist distribution rounds, where a limited number of people are able to take part in the distribution. Distribution site: Buy.grap3.com Grape Airdrop The second opportunity is through their airdrop. Those interested can increase their chances of getting up to $1 million USD in GRP. It involves joining their socials, tweeting about them, joining the testnet, and email blasts. For an even better chance at whitelisting and a super drop, users should also invite people to help build the Grape community. Grape Airdrop - https://guild.xyz/grape By participating early on in Grape's platform, users can secure the lowest prices and potentially benefit from their substantial airdrops. About Grape Grape is a decentralized layer one ecosystem that aims to provide developers with the tools and infrastructure they need to create complex, future-proof web3 applications. The contact information and social media pages below provide more information about this growing project. Distribution Site | Testnet | Airdrop Site | Website Contact Details Grape Meagan Platt meagan@grap3inc.com Company Website https://grap3.com/

May 25, 2023 10:51 AM Eastern Daylight Time

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FiscalNote (NYSE: NOTE) Secures Partnership With Google For The Launch Of “Bard” AI

Benzinga

By Jad Malaeb, Benzinga FiscalNote (NYSE: NOTE), a leading AI-driven enterprise SaaS technology provider of global policy and market intelligence, announced that it has been selected by Alphabet Inc.’s (NASDAQ: GOOG:) Google as a launch partner for Bard by Google. This partnership with Google marks a significant milestone for FiscalNote, as it expands its leadership in the application of AI to laws and regulations. Bard by Google is an innovative generative AI platform that allows users to interact with advanced models to create new ideas, products and services. As a launch partner, FiscalNote plans to expose select data and information to Bard's users, thereby capturing critical insights into how users engage generative models to understand political and regulatory information. This expanded user interaction will help create a flywheel for FiscalNote to drive future product development, enhance accuracy and relevancy for FiscalNote customers and potentially enable the company to swiftly extend its leadership in the application of AI and large language models related to these specialized data sets. FiscalNote's selection as a launch partner for Bard by Google is a testament to the company's decade-long AI leadership in aggregating and training models in the legal, regulatory and political domains. FiscalNote already possesses an impressive portfolio of politically-driven AI tools, including intelligent ESG tracking, automatic transcript creation and an intelligent sentiment gauge. The partnership is also a momentum-builder in the company's continued strategic partnership efforts with fellow leading AI innovators and pioneers. By leveraging this AI partnership with Google, FiscalNote plans to develop novel applications and user experiences that deliver more effective results for its customers. The combination of generalized foundation models with FiscalNote's domain-specific models is expected to create defensible insights to further enable the company to optimize its own models and data collection efforts. Tim Hwang, FiscalNote's Chairman, CEO, and Co-founder, said, "FiscalNote is honored to have been chosen by Google as a launch partner, as we join this exciting journey of AI innovation and collaborate with a fellow AI pioneer to leverage the potential of generative AI technology to optimize creativity, reimagine learning, boost productivity, and unleash the potential of trusted data to empower customers and consumers around the globe." FiscalNote's selection by Google as a launch partner for Bard follows the company's recent announcement that it was named one of only 14 inaugural 'trusted partners' by AI research and deployment company OpenAI for its ChatGPT Plug-In, enabling access to select FiscalNote market-leading real-time data sets and content for users of OpenAI's platform. FiscalNote is a leading technology provider of global policy and market intelligence, and by uniquely combining AI technology, actionable data, and expert and peer insights, FiscalNote empowers customers to manage policy, address regulatory developments, and mitigate risk at a global level. Since 2013, FiscalNote has pioneered technology that delivers mission-critical insights and the tools to turn them into action. Home to CQ, FrontierView, Oxford Analytica, VoterVoice, and many other industry-leading brands, FiscalNote serves over 5,000 customers worldwide with global offices in North America, Europe, Asia, and Australia. This post contains sponsored advertising content. This content is for informational purposes only and not intended to be investing advice. Contact Details Benzinga +1 877-440-9464 info@benzinga.com Company Website http://www.benzinga.com

May 25, 2023 09:00 AM Eastern Daylight Time

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Contact Details Karl Wayne +1 334-440-6397 karl@newsmg.com Company Website https://newsmg.com/

May 25, 2023 06:00 AM Eastern Daylight Time

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Ripken Baseball® to Host All-Ripken Softball Games in Elizabethtown, Kentucky from July 27-30

Ripken Baseball

Ripken Baseball®, the leader in youth sports events and facilities, has expanded its All-Ripken brand by creating All-Ripken Softball. The inaugural All-Ripken Softball Games will attract top youth softball players nationwide to compete at The Ripken Experience® Elizabethtown in Kentucky from July 27-30, 2023. Softball players must be nominated by their peers and coaches for the opportunity to train the Ripken Way, compete against elite young athletes, and participate in a world-class youth softball experience. As part of the 4-day event, participating players will receive instructional opportunities led by professional softball players from the Florida Vibe. The All-Ripken Softball players will also witness the Florida Vibe and Team Alliance take the field to play head-to-head in the Softball Exhibition Series, which is scheduled to take place at Elizabethtown Sports Park on July 27, 28, and 29. To be eligible to participate in All-Ripken Softball, players must be in high school graduation classes between the Class of 2026 and the Class of 2033 and exhibit an elevated level of softball knowledge, dedication, sportsmanship, and skill. “One of our core values at Team Alliance is to bring together multiple generations of players who share a passion for the sport of softball,” said Jami Lobpries, Ph.D., CEO of Alliance Fastpitch. “We are honored to be part of the All-Ripken Softball Games to bring together youth, college, and pro players and grow the sport for the next generation. Softball teaches important lessons on the field that players can apply to all aspects of their lives off of it.” “At the Florida Vibe, we are witnessing tremendous growth in the professional space of softball as a result of high-profile events at the youth level like the All-Ripken Softball Games,” said Ryan Moore, CEO of Florida Vibe Athletics, Inc. “This event is a shining example of the game’s evolution, and we are thankful to Ripken Baseball for creating this platform.” To nominate and register a player for the All-Ripken Softball Games, parents, coaches, and leagues can visit https://ripkenbaseball.com/all-ripken-softball/ or email questions to scout@allripken.com. About Ripken Baseball Ripken Baseball brings teammates, coaches, and families together through its Big League Experiences while teaching children how to play sports the right way – the Ripken Way. Ripken Baseball continues to innovate the game through tournaments, camps, clinics, and spring training at their state-of-the-art baseball and softball facilities – The Ripken Experience ® Aberdeen (Maryland), The Ripken Experience ® Myrtle Beach (South Carolina), The Ripken Experience ® Pigeon Forge (Tennessee), The Ripken Experience ® Elizabethtown (Kentucky), Sports Force Parks at Cedar Point Sports Center (Ohio), and Cooperstown All Star Village (New York). Ripken Baseball also brings its youth sports experience to satellite locations through Ripken Select Tournaments. Learn more at ripkenbaseball.com. Contact Details Eric PR & Marketing, LLC Eric Nemeth nemeth@ericpr.com Company Website http://allripkensoftball.com/

May 24, 2023 04:23 PM Eastern Daylight Time

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World Record Travel by Travelport: 7 Wonders of the World in Less than 7 Days

YourUpdateTV

A video accompanying this announcement is available at: https://www.youtube.com/watch?v=3tfcL-uWQy s Travelport, a global technology company that powers travel bookings for hundreds of thousands of travel suppliers worldwide, and Jamie McDonald, a British adventurer better known as “ Adventureman ”, today announced a new world record – the fastest time to visit the new Seven Wonders of the World, achieved in less than seven days. Confirmed by Guinness World Records, the journey was achieved in 6 days, 16 hours, and 14 minutes, using only public transportation. The challenge was set to Adventureman by Travelport in order to put the company’s modern retail platform, Travelport+, to the test, proving that the company’s technology allows its travel agency partners to simply plan, book and manage even the world’s most complex trip. “When we began upgrading our agency partners to Travelport+ in 2021, it was with the intent of making the complicated travel industry easier and faster to navigate,” said Greg Webb, Chief Executive Officer at Travelport. “This epic adventure was the ultimate test for our platform – could we take the world’s most complex trip and make it simple? Could we ensure it was easy to service? Would the platform be agile enough to accommodate whatever unforeseen bumps the trip encountered? Six days, sixteen hours and fourteen minutes later, we had our answer: yes, yes and yes. This trip also proves that, after a few challenging years for the industry, travel is most definitely back and better than ever.” Travelport+ provides global travel agents with modern retail technology that allows them to compare millions of travel routes and select the best one for each individual traveller. Travelbag, a travel agency who has been a longtime partner of Travelport, booked all aspects of Adventureman’s trip via Travelport+, and they were able to search, filter, find, compare and build the most complex itinerary with ease using Smartpoint Cloud. Adventureman had round-the-clock access to a dedicated Travelbag Travel Specialist who, on his request, tracked evolving travel restrictions, identified schedule changes, and made necessary tweaks to his itinerary in real time. He also was able to access Travelport’s Trip Manager feature on the go, in order to add ancillaries and extras (meals, paid seats, etc.) to his itinerary. For travelers who want to visit one, or all, of the seven modern wonders themselves, Travelbag has a range of packages available, allowing travelers to visit all seven wonders of the world themselves (packages starting from £31,000) or visit an individual wonder (packages starting at £1,300 per person). Depending on each traveler’s individual requirements, Travelbag can tailor-make the perfect holiday. “At Travelbag, we’ve planned and booked thousands of trips, and yet, even we had never seen an itinerary this complex before,” said Caroline Foxwell, Sales and Service Leader at Travelbag. “The retailing tools from Travelport+ are so powerful – Smartpoint Cloud made booking and servicing this trip so easy, it practically did the job for us. Travelport+ helps us to build the perfect itinerary for our clients, time and again, even when that client is a globetrotting, world record-setting superhero!” Adventureman began the trip at the Great Wall of China, the world's longest human-made structure, and the world-record clock started ticking the moment he left the first wonder via toboggan. Second, he visited India’s Taj Mahal – the country’s top tourist destination, which is widely considered a symbol of eternal love. From there, he traveled to Jordan and then by bus to the ancient city of Petra, whose carved rose-red sandstone rock facades, tombs, and temples became even more famous from their role in Indiana Jones and The Last Crusade. Departing Jordan, Adventureman flew to Rome to see its legendary Colosseum, envisioning ancient gladiator battles before he made time for a quick pizza pit stop (the only non-airplane food he consumed during the trip). Christ the Redeemer, the world’s largest art deco statue, brought Adventureman to Brazil, where he was equally in awe of the view from its platform as he was of the statue itself. The sixth wonder, Machu Pichu (an Incan citadel nearly 8,000 feet above sea level) was Adventureman’s favorite: he plans to go back one day and bought a stuffed llama toy there to bring back for his daughter. Finally, after only 6 days, 16 hours and 14 minutes, he reached Chichén Itzá, an archeological site that was a hallowed place of ceremony in the Mayan culture. For Adventureman, a main focus of the record-breaking trip was raising funds for his charity, the Superhero Foundation. As a child, Jamie was diagnosed with a rare spinal condition called syringomyelia, and doctors warned his parents that he might lose the ability to walk. Through the help of many doctors, hospitals and his family, his health improved, starting him on his lifelong mission of giving back to sick kids around the world. To kick start fundraising efforts, Travelport has donated $22,856, a dollar for every mile that Jamie, a Pride of Britain winner, traveled for this challenge. The money will be utilized to continue the charity’s mission: helping families in need fund treatments, therapies and equipment that aren’t freely available to them through their traditional or local healthcare support system. “In my previous adventures, I’ve run solo across America (the equivalent of 210 marathons) and have cycled 22,000 kilometers from Thailand to the United Kingdom, and yet, this was certainly my most complex, complicated trip yet,” said Jamie McDonald, better known as Adventureman. “With travel, there are just so many variables – weather, restrictions, delays, customs, traffic, cancellations, you name it. When you’re attempting to set a world record, speed and agility are absolutely key. There was no other partner besides Travelport that could’ve made this all possible.” For the trip to be endorsed by Guinness World Records, Adventureman had to abide by several rules: Use only scheduled public transportation, with licensed taxi rides unable to exceed 50 kilometers Keep a logbook with clearly indexed evidence (receipts, tickets, etc.) supporting each step Obtain receipts and/or tickets everywhere available Use accurate professional equipment (i.e. GPS tracking equipment) Take videos and photos showing the applicant, the location and the date at each site visited Get a written or recorded statement from an official member of staff, local dignitary and/or police officer at each site Understand that the ‘clock’ starts the moment the challenger leaves the first wonder site, and it does not stop for any reason until the challenger sets foot in the final site Protecting the environment is of the utmost importance to both Travelport and Adventureman. The company calculated the carbon emissions from Adventureman’s trip using using the Travel Impact Model, a shared framework for calculating air travel emissions maintained by Google and developed as part of Travalyst, an independent not-for-profit organization of which Travelport is a member. Travalyst is working to unify industry tools and information to bring sustainable travel to the mainstream. As such, the total CO2 emissions of the world record trip was 2,523 kg. Travelport will remove these emissions with high-quality carbon dioxide removal services from Climeworks. To learn more about the Seven Wonders Challenge, to book a trip to the Seven Modern Wonders, or to make a donation to the Superhero Foundation, please visit Travelport.com/7wonders Contact Details YourUpdateTV +1 212-736-2727 yourupdatetv@gmail.com

May 24, 2023 04:00 PM Eastern Daylight Time

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Survey Reveals What the UK Audience Thinks of the Eurovision Voting System

Intelligiants Ltd

The yearlong anticipation and build-up for the 2023 Eurovision Song Contest ended with disappointment for the UK audience with Mae Muller’s placement in the competition. A recent survey by PartyCasino does however indicate that the support for Mae Muller’s performance and “I Wrote a Song” stands strong, after the Grand Final. Muller was recognized as one of the most talented artists among the finalists, alongside Finish artist Käärijä, with the song “Cha Cha Cha”. Käärijä, which finished second in the competition was on forehand a top candidate to be crowned winner of Eurovision 2023 and did in fact win the public votes, only to be beaten by Sweden’s Loreen, who took home the victory with the majority of the jury votes. When asked about their thoughts on the voting system in the Eurovision Grand Final, 45.20% of participants felt that the current system is working well, and 38.70% expressed the need for a simpler voting system. Additionally, the survey revealed that 37.50% of participants preferred only public votes per country, while 27.10% favoured a combination of jury and public votes from participating countries. Opinions on the frequency of the contest left the participants divided: Would the Eurovision Song Contest be more exciting if it was held every second year? 41.10% of the participants felt that the contest should not be held every second year. While 31.50% were unsure, and 27.40% were in favour of the contest taking place every second year and believed that it would make the event more exciting. The full survey and results can be found here. Contact Details Intelligiants Ltd F Kvarnebrink +27 71 221 8445 fred@intelligiants.net

May 24, 2023 11:30 AM Eastern Daylight Time

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Shareholder to Demand Greater Transparency from McDonald’s, Walmart About Business Risks in China

National Legal & Policy Center

As shareholders are set to attend annual meetings over the next week for McDonald’s Corporation and Walmart Inc., National Legal and Policy Center will ask fellow investors to support its proposals to provide greater transparency about the companies’ risks of doing business in China. NLPC will present “Communist China Risk Audit” proposals at the meetings, which seek reports to shareholders that address “the nature and extent to which corporate operations depend on, and are vulnerable to, communist China….” The McDonald’s proposal is No. 7 on Page 93 of the company’s proxy statement. For Walmart, NLPC’s proposal is No. 11 on Page 116 of its proxy statement. Both companies oppose NLPC’s proposals. In response, NLPC filed rebuttals at the Securities and Exchange Commission in support of its resolutions to be considered at the McDonald’s meeting, to be held May 25, and at Walmart’s meeting, scheduled for May 31. Read NLPC’s SEC filing for McDonald’s here, and for Walmart here. NLPC’s report to the SEC on McDonald’s outlines some of the risks inherent in doing business in China, and notes: McDonald’s 2023 first quarter [report] states that “(financial) results reflected strong operating performance across the (International Developmental Licensed Markets & Corporate) segment, led by Brazil and China.” China is a clear driver of McDonald’s business performance, making its reliance on China a critical risk, as there are a number of factors that could harm the company The United Nations calls on companies to “provide information that is sufficient to evaluate the adequacy of an enterprise’s response to the particular human rights impact involved.” If McDonald’s is being “guided” by this principle and is already discussing significant risk exposures using “robust risk management program,” then a report…should be easy to deliver and provide investors with meaningful insights. An excerpt of NLPC’s filing for Walmart states: The magnitude of its risk in China is not comparable to the general business risks (already) disclosed by Walmart, many of which are indistinguishable from the disclosures made by other public companies. China-specific risks are present across many parts of Walmart’s business… Walmart has invested a considerable amount in its Chinese infrastructure. Thus, potential disruptions due to political, economic, regulatory, or health issues could negatively impact Walmart’s investments in the region. China is McDonald’s second-largest market, with more than 5,000 restaurants representing nearly 13 percent of its total locations. The communist nation is Walmart’s fourth-largest market, behind the United States, Central America, and Canada, with 365 stores representing nearly seven percent of its international locations. “Considering the extent of revenue generated and supply chain that is dependent on China, McDonald’s and Walmart owe their shareholders more transparency and specificity about their respective risks in the extensive amount of business they do there,” said Paul Chesser, director of NLPC’s Corporate Integrity Project. “Between human rights atrocities and Chairman Xi Jinping’s saber-rattling against Taiwan, the feasibility of continuing operations there may be tenuous. We urge their boards of directors to disclose more.” Founded in 1991, NLPC promotes ethics in public life and government accountability through research, investigation, education, and legal action. ### For more information or to schedule an interview with Paul Chesser, contact Dan Rene at 202-329-8357 or drene@nlpc.org. Please visit http://www.nlpc.org. Contact Details National Legal and Policy Center Dan Rene +1 202-329-8357 drene@nlpc.org Company Website http://www.nlpc.org

May 24, 2023 09:30 AM Eastern Daylight Time

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