Otis Worldwide Corp

The proposal requests that Otis prepare and post an annual report describing its policies and procedures governing corporate political contributions and expenditures, and listing all monetary and non-monetary contributions and expenditures used to influence elections or referenda, including recipient names and amounts. The report is to be presented to the board and posted on the company website. The text states that the proposal does not encompass lobbying spending, but the supporting statement highlights concern about payments routed through trade associations and social welfare organizations that may be used for electoral purposes. The rationale offered signals investor concern about reputational and financial risk from undisclosed political spending and seeks greater transparency to assess alignment with company policies.