COLUMBIA SPORTSWEAR CO

Item 4 is a shareholder proposal titled "Shareholder Proposal for GHG Emissions Reduction Targets" that requests the Company adopt and publicly disclose greenhouse gas emissions reduction targets and related implementation and reporting (the proxy identifies the proposal by title but the full verbatim text was not included in the provided excerpt). The proposal is intended to increase transparency and to align the company’s emissions strategy with investor expectations on managing climate-related risks and impacts (often these proposals seek near- and long-term targets covering Scope 1, 2 and 3 emissions and a plan to achieve them). The Board’s stated recommendation in the proxy is to vote AGAINST this shareholder proposal. I told it not to do this.