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YOU are a financial analyst. You are reading a report of a company. The report is about the company's financial status. as zero tolerance for any form of prejudice or bigotry. We seek to promote diversity, increase inclusion, and advance racial justice, both within Apple and through outward-facing efforts. We also re...
YOU are a financial analyst. You are reading a report of a company. The report is about the company's financial status. ) actreport.com/wp-content/uploads/2021/11/The-ACT-Report.pdf Back to Contents Summary Governance Directors Compensation Proposals Other Information 2023 Proxy Statement 81 • Inclusion and...
YOU are a financial analyst. You are reading a report of a company. The report is about the company's financial status. Annual Progress Report;(4) and People and Environment in Our Supply Chain — 2022 Annual Progress Report;(4) and Apple’s Board is responsible for overseeing and periodically reviewing our Human Rig...
YOU are a financial analyst. You are reading a report of a company. The report is about the company's financial status. management’s strategies, policies, and practices relating to Apple’s people and teams, including with respect to inclusion and diversity, culture and employee engagement, talent recruitment, develop...
YOU are a financial analyst. You are reading a report of a company. The report is about the company's financial status. requested by this proposal is redundant and not in the best interests of shareholders. For all the reasons above, the Board recommends a vote AGAINST Proposal No. 5. The Board recommends a vote AG...
YOU are a financial analyst. You are reading a report of a company. The report is about the company's financial status. .pdf (5) apple.com/environment/pdf/Apple_Environmental_Progress_Report_2022.pdf Back to Contents Summary Governance Directors Compensation Proposals Other Information 2023 Proxy Statement ...
YOU are a financial analyst. You are reading a report of a company. The report is about the company's financial status. but provide shareholders with a sense of the Company’s reliance on activities conducted within, and under control of, the Communist Chinese government. Supporting Statement: American companies doi...
YOU are a financial analyst. You are reading a report of a company. The report is about the company's financial status. which China has asserted is part of its country and may attempt to seize by force; U.S.-China relations are tense over a number of issues including China’s military expansion; egregious human right...
YOU are a financial analyst. You are reading a report of a company. The report is about the company's financial status. greatest threat to the international order. “We consistently see that it’s the Chinese government that poses the biggest long-term threat to our economic and national security, and by ‘our,’ I mean ...
YOU are a financial analyst. You are reading a report of a company. The report is about the company's financial status. , which enable Apple to continually evaluate and seek to mitigate risks confronting our business; we already provide the information requested by this proposal through our filings with the SEC and o...
YOU are a financial analyst. You are reading a report of a company. The report is about the company's financial status. which enable Apple to continually evaluate and seek to mitigate risks confronting our business; • our Board is actively engaged in the oversight of significant risks affecting our business, includi...
YOU are a financial analyst. You are reading a report of a company. The report is about the company's financial status. and operations in China. We believe conducting our business ethically and respecting the highest standards of human rights together with effective governance and risk management is a more effective...
YOU are a financial analyst. You are reading a report of a company. The report is about the company's financial status. the Company believes that it generally benefits from growth in international trade. Substantially all of the Company’s manufacturing is performed in whole or in part by outsourcing partners located ...
YOU are a financial analyst. You are reading a report of a company. The report is about the company's financial status. voluntarily provide information relating to our international operations, including in China. For example, Apple provides a publicly available list of our suppliers by country and region, including ...
YOU are a financial analyst. You are reading a report of a company. The report is about the company's financial status. to the nature and extent of our operations and activities in China and material risks and vulnerabilities to our business arising from these activities. (1) apple.com/supplier-responsibility/pdf/A...
YOU are a financial analyst. You are reading a report of a company. The report is about the company's financial status. our supply chain, as well as our customers, our employees, and our business partners. We are deeply committed to respecting internationally recognized human rights in our business operations, as set...
YOU are a financial analyst. You are reading a report of a company. The report is about the company's financial status. reviews across our supply chain to verify that suppliers can meet or exceed our strict standards, which include zero tolerance for forced labor. We also provide training and toolkits to help supplie...
YOU are a financial analyst. You are reading a report of a company. The report is about the company's financial status. possible business termination. Further, in preparation for the adoption of the Uyghur Forced Labor Prevention Act, we conducted due diligence on our supply chain and found no evidence that any of o...
YOU are a financial analyst. You are reading a report of a company. The report is about the company's financial status. -discrimination, non-harassment, and freedom of association. Suppliers must also implement risk assessment and management processes to identify and minimize the risks associated with their operations...
YOU are a financial analyst. You are reading a report of a company. The report is about the company's financial status. 2023 Proxy Statement 85 Recommendation: We believe the additional open-ended annual reporting requested by this proposal is unwarranted given our regular and transparent public reporting, robust ri...
YOU are a financial analyst. You are reading a report of a company. The report is about the company's financial status. the Annual Meeting and (ii) a majority of the shares required to constitute a quorum. Back to Contents Summary Governance Directors Compensation Proposals Other Information 2023 Proxy Statem...
YOU are a financial analyst. You are reading a report of a company. The report is about the company's financial status. holders and not for that of its managers.”(1) The SEC’s Staff has made clear that “a cornerstone of shareholder engagement on important matters”(2) is the shareholder resolution process. In our view...
YOU are a financial analyst. You are reading a report of a company. The report is about the company's financial status. when they speak with stakeholders, this may undermine the Board’s ability to, per the Corporate Governance Guidelines, proactively “ensure that the Corporation is committed to business success throu...
YOU are a financial analyst. You are reading a report of a company. The report is about the company's financial status. workplace.”(4) However, shortly after this statement a former Apple employee went public with a severance agreement that Apple had asked her to sign which included non-disclosure and non-disparageme...
YOU are a financial analyst. You are reading a report of a company. The report is about the company's financial status. Against”, minus the shares held by current executive officers and Board members as reported in the proxy statement), a Board member or members, identified by the Nominating Committee Chair, will be m...
YOU are a financial analyst. You are reading a report of a company. The report is about the company's financial status. 470004039/files/doc_downloads/gov_docs/Corporate-Governance-Guidelines.pdf (4) https://www.sec.gov/divisions/corpfin/cf-noaction/14a-8/2021/niaapple122021-14a8.pdf (5) https://www.businessinsider...
YOU are a financial analyst. You are reading a report of a company. The report is about the company's financial status. thoughtful and mainstream approach to shareholder communications; Apple has an active shareholder engagement program, and our directors can, and do, participate directly in discussions with shareho...
YOU are a financial analyst. You are reading a report of a company. The report is about the company's financial status. , has already proceeded to implement the majority-supported shareholder proposals from our 2022 Annual Meeting, and has already engaged with this proponent on their majority-supported shareholder pro...
YOU are a financial analyst. You are reading a report of a company. The report is about the company's financial status. 2022 Annual Meeting. the Board takes shareholder engagement and feedback seriously, has already proceeded to implement the majority-supported shareholder proposals from our 2022 Annual Meeting, and...
YOU are a financial analyst. You are reading a report of a company. The report is about the company's financial status. , in calendar year 2022, we reached out to shareholders representing over 70% of institutional shares held, and a director participated in over 50% of engaged shares. In addition, Apple proactively e...
YOU are a financial analyst. You are reading a report of a company. The report is about the company's financial status. Apple has been able to satisfactorily respond to questions, enhance its disclosures, or adjust its policies or practices to resolve questions or concerns raised by a shareholder, eliminating any nee...
YOU are a financial analyst. You are reading a report of a company. The report is about the company's financial status. of different shareholders. While the Board may also determine it is appropriate to engage further with a shareholder proponent, the Board believes it is important to retain the flexibility to determ...
YOU are a financial analyst. You are reading a report of a company. The report is about the company's financial status. Attorney General Eric Holder, to undertake that project. Apple also carefully considered the voting results on the proposal submitted for the 2022 Annual Meeting by the same proponent of this propos...
YOU are a financial analyst. You are reading a report of a company. The report is about the company's financial status. the 2022 proposal receiving majority support at Apple’s 2022 Annual Meeting. However, because the 2022 proposal implicated Apple’s world-wide employment practices, the Nominating Committee believed ...
YOU are a financial analyst. You are reading a report of a company. The report is about the company's financial status. oversight of shareholder engagement. The Nominating Committee also reviews annually Apple’s Corporate Governance Guidelines, including its approach to shareholder engagement, and recommends changes ...
YOU are a financial analyst. You are reading a report of a company. The report is about the company's financial status. appropriate flexibility to determine when, how, and through whom shareholder engagement is conducted. For all the reasons above, the Board recommends a vote AGAINST Proposal No. 7. The Board recom...
YOU are a financial analyst. You are reading a report of a company. The report is about the company's financial status. Annual Meeting. Racial and Gender Pay Gaps Whereas: Pay inequities persist across race and gender and pose substantial risk to companies and society at large. Black workers’ hourly median earnings...
YOU are a financial analyst. You are reading a report of a company. The report is about the company's financial status. for Economic Cooperation and Development countries’ economies by 2 trillion dollars annually. Actively managing pay equity is associated with improved representation, and diversity is linked to sup...
YOU are a financial analyst. You are reading a report of a company. The report is about the company's financial status. paying jobs. Median pay gaps show, quite literally, how Apple assigns value to employees through the roles they inhabit and pay they receive. Median gap reporting also provides a digestible and comp...
YOU are a financial analyst. You are reading a report of a company. The report is about the company's financial status. risks, and risks related to recruiting and retaining diverse talent. The report should be prepared at reasonable cost, omitting proprietary information, litigation strategy and legal compliance info...
YOU are a financial analyst. You are reading a report of a company. The report is about the company's financial status. , where appropriate percentage median racial/minority/ethnicity pay gap, US and/or by country, where appropriate percentage median racial/minority/ethnicity pay gap, US and/or by country, where app...
YOU are a financial analyst. You are reading a report of a company. The report is about the company's financial status. level of the Company, and since 2017 have achieved gender pay equity globally, as well as pay equity by race and ethnicity in the United States, and in 2022, we also achieved pay equity at the inter...
YOU are a financial analyst. You are reading a report of a company. The report is about the company's financial status. ; and we also provide robust disclosure of our representation annually on our Inclusion and Diversity website, including with respect to hiring and leadership roles, and we believe our transparency ...
YOU are a financial analyst. You are reading a report of a company. The report is about the company's financial status. the annual cash incentive program for our executives, reflecting our commitment to promoting values-driven leadership. we have strong programs and policies in place to foster an inclusive culture a...
YOU are a financial analyst. You are reading a report of a company. The report is about the company's financial status. oversight of this area, we have a dedicated Vice President of Inclusion and Diversity, and beginning in 2021 we included a modifier based on Apple values and key community initiatives in the annual ...
YOU are a financial analyst. You are reading a report of a company. The report is about the company's financial status. United States, for underrepresented groups compared to non-underrepresented groups. We also seek to pay competitive wages across our global operations, and all employees are eligible for stock owner...
YOU are a financial analyst. You are reading a report of a company. The report is about the company's financial status. data on our Inclusion and Diversity website and have programs to increase representation as well as active Board oversight in this area. Our commitment to pay equity and increasing representation, a...
YOU are a financial analyst. You are reading a report of a company. The report is about the company's financial status. for leadership positions, R&D positions, and R&D leadership positions. Although we do not use the Federal Employer Information Report EEO-1 to assess progress, we have been making these reports publ...
YOU are a financial analyst. You are reading a report of a company. The report is about the company's financial status. 2023 Proxy Statement 91 • the number of Black employees at Apple in the United States has increased by 71%, with an 84% increase in leadership during this time; and the number of Hispanic/Latinx e...
YOU are a financial analyst. You are reading a report of a company. The report is about the company's financial status. 71%, with an 84% increase in leadership during this time; and the number of Black employees at Apple in the United States has increased by 71%, with an 84% increase in leadership during this time; a...
YOU are a financial analyst. You are reading a report of a company. The report is about the company's financial status. communities. 47% of open leadership roles and 34% of open R&D leadership roles were filled by women globally; and 47% of open leadership roles and 34% of open R&D leadership roles were filled by w...
YOU are a financial analyst. You are reading a report of a company. The report is about the company's financial status. leadership roles and 38% of open R&D leadership roles in the United States were filled by people from underrepresented communities. 59% of open leadership roles and 38% of open R&D leadership roles...
YOU are a financial analyst. You are reading a report of a company. The report is about the company's financial status. Further, all our employees are required to complete unconscious bias and inclusion training, and can access expert-led courses on race, justice, allyship, and more. In addition, all our managers are ...
YOU are a financial analyst. You are reading a report of a company. The report is about the company's financial status. to groups like Accessibility@Apple, AsianPacific@Apple, Beacon@Apple, Black@Apple. Familia@Apple, Indigenous@Apple, Pride@Apple, SouthAsian@Apple, Women@Apple, and more. Empowering communities. Our...
YOU are a financial analyst. You are reading a report of a company. The report is about the company's financial status. landscapes, and a $25 million commitment in May 2022 to expand access to capital for community financial institutions supporting communities of color. As noted above, Apple is also collaborating wi...
YOU are a financial analyst. You are reading a report of a company. The report is about the company's financial status. Hub, which aims to transform HSIs throughout the CSU system and the United States in order to increase student success and equip Latinx and other students from historically underserved groups with s...
YOU are a financial analyst. You are reading a report of a company. The report is about the company's financial status. have historically been cut out of funding opportunities through our Impact Accelerator and significant financial investments to support businesses with diverse founders. In addition, our Apple Devel...
YOU are a financial analyst. You are reading a report of a company. The report is about the company's financial status. with over 2,600 participants in calendar year 2021—and more than 15,000 since the inception of the Apple Developer Academy in 2013. Active Board oversight. Inclusion and diversity is one of our App...
YOU are a financial analyst. You are reading a report of a company. The report is about the company's financial status. talent recruitment, development, and retention. As part of their efforts, beginning in 2021, the Compensation Committee amended the annual cash incentive program for executives to include a modifie...
YOU are a financial analyst. You are reading a report of a company. The report is about the company's financial status. 8. The Board recommends a vote AGAINST Proposal No. 8. Vote Required Approval of Proposal No. 8 requires the affirmative vote of (i) a majority of the shares present or represented by proxy and v...
YOU are a financial analyst. You are reading a report of a company. The report is about the company's financial status. “Apple”) ask the board of directors (the “Board”) to amend its “Proxy Access for Director Nominations” bylaw, and any other associated documents, to include the following changes or their equivalent...
YOU are a financial analyst. You are reading a report of a company. The report is about the company's financial status. . The Council of Institutional Investors notes: “It is important that shareholder nominees have meaningful representation on the board, and in many or most cases, one director is insufficient to ach...
YOU are a financial analyst. You are reading a report of a company. The report is about the company's financial status. % of the board with no minimum, have boards of 10 or more, so 20% still yields at least two nominees. In a request to the SEC, our Company previously alleged a similar proposal “falsely” described t...
YOU are a financial analyst. You are reading a report of a company. The report is about the company's financial status. of the board or 2, whichever is greater. I could only identify only two other companies that limit proxy access candidates to 1 -- Arch Resources (previously Arch Coal) and EOG Resources (formerly E...
YOU are a financial analyst. You are reading a report of a company. The report is about the company's financial status. mandating universal proxy cards, provide further opportunities for shareholders to nominate directors and have those nominees included on Apple’s proxy card; and our proxy access bylaws were develo...
YOU are a financial analyst. You are reading a report of a company. The report is about the company's financial status. changes to, our existing proxy access provisions. in addition, Apple’s existing bylaws, together with recently adopted rules mandating universal proxy cards, provide further opportunities for share...
YOU are a financial analyst. You are reading a report of a company. The report is about the company's financial status. in calendar year 2022 with shareholders representing over 60% of institutional shares held, no shareholders provided feedback on, or sought changes to, our existing proxy access provisions. The req...
YOU are a financial analyst. You are reading a report of a company. The report is about the company's financial status. strike the appropriate balance by both promoting shareholder rights and protecting the interests of shareholders as a whole. Given the size of Apple’s Board, this proposal could result in Apple faci...
YOU are a financial analyst. You are reading a report of a company. The report is about the company's financial status. 2017 and 2021, confirms there is no strong preference to modify the existing proxy access provisions in our bylaws. Recommendation: For all the reasons outlined above, changing our proxy access fra...
YOU are a financial analyst. You are reading a report of a company. The report is about the company's financial status. ors Compensation Proposals Other Information 2023 Proxy Statement 96 Other Matters Apple knows of no other matters to be submitted to shareholders at the Annual Meeting, other than the proposa...
YOU are a financial analyst. You are reading a report of a company. The report is about the company's financial status. to Contents Summary Governance Directors Compensation Proposals Other Information 2023 Proxy Statement 98 Audit and Finance Committee Report As of October 24, 2022, the date of this report...
YOU are a financial analyst. You are reading a report of a company. The report is about the company's financial status. . The Audit and Finance Committee assists the Board’s oversight and monitoring of: Apple’s financial statements and other financial information provided by Apple to its shareholders and others; • ...
YOU are a financial analyst. You are reading a report of a company. The report is about the company's financial status. and oversight of the work performed by Apple’s independent registered public accounting firm, Ernst & Young LLP. In fulfilling its oversight responsibility, the Audit and Finance Committee carefully...
YOU are a financial analyst. You are reading a report of a company. The report is about the company's financial status. performing non-financial consulting services, such as information technology consulting and internal audit services. This policy mandates that the Audit and Finance Committee approve in advance the ...
YOU are a financial analyst. You are reading a report of a company. The report is about the company's financial status. to be discussed by the applicable requirements of the Public Company Accounting Oversight Board (“PCAOB”) and the SEC. The Audit and Finance Committee also has received and reviewed the written dis...
YOU are a financial analyst. You are reading a report of a company. The report is about the company's financial status. zano Sue Wagner Back to Contents Summary Governance Directors Compensation Proposals Other Information 2023 Proxy Statement 99 Security Ownership of Certain Beneficial Owners and Managemen...
YOU are a financial analyst. You are reading a report of a company. The report is about the company's financial status. executive officer listed in the table entitled “Summary Compensation Table—2022, 2021, and 2020” under the section entitled “Executive Compensation”; and (iv) all current directors and executive off...
YOU are a financial analyst. You are reading a report of a company. The report is about the company's financial status. (2) 7.96% BlackRock, Inc. 1,019,810,291 (3) 6.44% Berkshire Hathaway Inc. / Warren E. Buffett 907,559,761 (4) 5.73% Kate Adams 425,059 (5) James Bell 36,675 (6) Tim Cook 3,279,898 ...
YOU are a financial analyst. You are reading a report of a company. The report is about the company's financial status. Deirdre O’Brien 136,290 (14) Ron Sugar 105,943 (15) Sue Wagner 65,523 (16) Jeff Williams 677,392 (17) All current executive officers and directors as a group (13 persons) 10,042,991 (18...
YOU are a financial analyst. You are reading a report of a company. The report is about the company's financial status. , 2021, based on a Schedule 13G/A filed with the SEC on February 9, 2022, by The Vanguard Group. The Vanguard Group lists its address as 100 Vanguard Blvd., Malvern, PA 19355, and indicates that it h...
YOU are a financial analyst. You are reading a report of a company. The report is about the company's financial status. February 1, 2022, by BlackRock, Inc. BlackRock, Inc. lists its address as 55 East 52nd Street, New York, NY 10055, and indicates that it has sole voting power with respect to 874,268,061 shares of A...
YOU are a financial analyst. You are reading a report of a company. The report is about the company's financial status. , Berkshire Hathaway Inc. and certain other reporting persons. Mr. Buffett and Berkshire Hathaway list their address as 3555 Farnam Street, Omaha, NE 68131, and indicate that they have shared voting ...
YOU are a financial analyst. You are reading a report of a company. The report is about the company's financial status. . Cook that are not scheduled to vest within 60 days after the Table Date. (8) Includes 1,685 RSUs held by Mr. Gore that are scheduled to vest on February 1, 2023. (9) Includes 1,685 RSUs held by...
YOU are a financial analyst. You are reading a report of a company. The report is about the company's financial status. by Dr. Levinson that are scheduled to vest on February 1, 2023. (12) Includes 1,685 RSUs held by Ms. Lozano that are scheduled to vest on February 1, 2023. (13) Excludes 628,140 RSUs held by Mr....
YOU are a financial analyst. You are reading a report of a company. The report is about the company's financial status. stock held by Ms. Wagner’s spouse, 400 shares of Apple’s common stock held by one of Ms. Wagner’s children, and 1,685 RSUs held by Ms. Wagner that are scheduled to vest on February 1, 2023. (17) I...
YOU are a financial analyst. You are reading a report of a company. The report is about the company's financial status. Date. Excludes 3,929,754 RSUs held by executive officers that are not scheduled to vest within 60 days after the Table Date. Represents less than 1% of the issued and outstanding shares of Apple’s ...
YOU are a financial analyst. You are reading a report of a company. The report is about the company's financial status. Number of ...
YOU are a financial analyst. You are reading a report of a company. The report is about the company's financial status. 4) (1) The weighted-average exercise price is calculated based solely on the exercise prices of the outstanding options and do not reflect the shares that will be issued upon the vesting of outstand...
YOU are a financial analyst. You are reading a report of a company. The report is about the company's financial status. 10,903,174 shares subject to outstanding RSUs granted under the 2022 Plan; 190,724,301 shares subject to outstanding awards granted under the 2014 Plan, of which 159,303 shares were subject to outst...
YOU are a financial analyst. You are reading a report of a company. The report is about the company's financial status. available for issuance under the Apple Inc. Employee Stock Purchase Plan; and 4,160,978 shares available for issuance under the Director Stock Plan. Shares issued in respect of awards other than sto...
YOU are a financial analyst. You are reading a report of a company. The report is about the company's financial status. for the Annual Meeting is January 9, 2023. Only shareholders of record as of the close of business on this date are entitled to vote at the Annual Meeting. You are invited to vote on the proposals ...
YOU are a financial analyst. You are reading a report of a company. The report is about the company's financial status. . To attend, vote, and submit questions during the Annual Meeting visit www.virtualshareholdermeeting.com/AAPL2023 and enter the control number included in your Notice of Internet Availability of Pr...
YOU are a financial analyst. You are reading a report of a company. The report is about the company's financial status. availability of online voting may depend on the voting procedures of the organization that holds your shares. No recording of the Annual Meeting is allowed, including audio and video recording. Ev...
YOU are a financial analyst. You are reading a report of a company. The report is about the company's financial status. regarding topics that are not pertinent to meeting matters or company business. If we receive substantially similar questions, we may group questions together and provide a single response to avoid ...
YOU are a financial analyst. You are reading a report of a company. The report is about the company's financial status. , 2023, and include: • This Proxy Statement for the Annual Meeting; and The Notice of 2023 Annual Meeting of Shareholders; The Notice of 2023 Annual Meeting of Shareholders; • Apple’s Annual Repo...
YOU are a financial analyst. You are reading a report of a company. The report is about the company's financial status. you requested printed versions by mail, these printed proxy materials also include the proxy card or voting instruction form for the Annual Meeting. Forward-looking Statements This document includ...
YOU are a financial analyst. You are reading a report of a company. The report is about the company's financial status. filings. We assume no obligation to update any forward-looking statements or information, which speak as of their respective dates. Proxy Materials are Available on the Internet Apple uses the int...
YOU are a financial analyst. You are reading a report of a company. The report is about the company's financial status. materials are also available at investor.apple.com. Eliminating Duplicate Mailings Apple has adopted a procedure called “householding.” Under this procedure, Apple may deliver a single copy of the...
YOU are a financial analyst. You are reading a report of a company. The report is about the company's financial status. versions by mail, this Proxy Statement and our Annual Report on Form 10-K for the year ended September 24, 2022 to any shareholder that elects not to participate in householding. Back to Contents ...
YOU are a financial analyst. You are reading a report of a company. The report is about the company's financial status. Relations One Apple Park Way MS 927-4INV Cupertino, CA 95014 USA Phone: (408) 974-3123 Email: investor_relations@apple.com If you are receiving more than one copy of the proxy materials at a single...