ZIONS BANCORPORATION, NATIONAL ASSOCIATION /UT/

The proposal asks the Board to evaluate and publicly report, within one year, whether Zions’ corporate policies, public statements, and partnerships are misaligned with the values of segments of its customer base and how any misalignment could create legal, regulatory, or reputational risk. The proponent cites examples such as DEI materials, supplier diversity programs, and environmental initiatives as areas of potential misalignment and potential drivers of customer alienation and reputational harm. The requested report should assess exposures and outline how the company intends to mitigate such risks, while excluding proprietary information and anything that would constitute an admission of pending litigation. The resolution is presented as a means for shareholders to obtain greater transparency about the connection between company positioning and enterprise risk to customer relationships and brand value.