On April 18, 2024, Netflix announced that it had received a shareholder proposal from The Mount St. Scholastica - Benedictine Sisters urging the Board of Directors of the Company to amend the publicly available Code of Ethics by expanding the topic ?Inclusive & Respectful Work Environment? and to issue a report to shareholders, at reasonable expense and excluding confidential information, on how the Board of Directors of the Company checks and verifies board member compliance with the amended Code of Ethics.

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.