On April 18, 2024, Netflix announced that it had received a shareholder proposal from AFL-CIO Equity Index Funds requesting the shareholders to prepare and publicly disclose on the Company?s website a transparency report that explains the Company?s use of Artificial Intelligence (?AI?) in its business operations and the Board?s role in overseeing AI usage and sets forth any ethical guidelines that the company has adopted regarding its use of AI. This report shall be prepared at a reasonable cost and omit information that is proprietary, privileged, or violative of contractual obligations. In addition, the Company urged the shareholders to vote against the shareholder proposal at its annual general meeting of shareholders scheduled to be held on June 6, 2024.
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