LOWES COMPANIES INC

This proposal requests that the Board adopt a formal policy to ensure the roles of Board Chairman and CEO are held by separate individuals and that the Chairman be an independent director. The resolution allows for an interim non-independent chairman during a transition but otherwise requires a permanent independent Board Chairman at the earliest practical time. Proponents argue that an independent chairman would strengthen impartial oversight, mitigate conflicts of interest, and improve board accountability, citing recent business challenges and acquisitions as context. The proposal would amend governance documents as necessary to implement this change.

This proposal requests that Lowe’s issue a report, excluding proprietary information, outlining how the company could disclose its total plastic packaging footprint and establish overall reduction goals for plastic packaging. The submission cites research estimating packaging is a major source of plastic pollution and argues that reductions, redesign and reuse systems could dramatically cut pollution and regulatory risk. The proponents note Lowe’s current private-brand commitment for recyclable/reusable/compostable packaging by 2030 but say the company has not disclosed a total footprint or set enterprise-wide reduction targets, nor joined certain industry commitments. The requested report would evaluate potential disclosure approaches and reduction targets to inform stakeholders and support plastics risk management.

This proposal requests that Lowe’s issue a report assessing privacy risks from sharing sensitive customer data with third parties and describe mitigation strategies that go beyond mere legal compliance. The proponents cite collection of precise geolocation, demographic data and possible use of automated license plate recognition, and express concern about potential law enforcement access and civil liberties implications. The requested report would evaluate how such sharing could affect customers’ privacy and reputational and regulatory risk for the company and describe potential voluntary measures the company could deploy to reduce those risks. The report is to exclude confidential or proprietary information and be prepared at reasonable cost.