On January 6, 2020, Apple Inc. filed a definitive proxy statement soliciting proxies and urged the shareholders to vote against the shareholder proposal of Kenneth Steiner urging that the Company’s executive pay committee adopt a policy requiring senior executives to retain a significant percentage of stock acquired through equity pay programs until reaching normal retirement age and to report to shareholders regarding the policy before the Company’s next annual meeting in the upcoming annual meeting of shareholders to be held on February 28, 2017.