<SEC-DOCUMENT>0001214659-24-015840.txt : 20240903
<SEC-HEADER>0001214659-24-015840.hdr.sgml : 20240903
<ACCEPTANCE-DATETIME>20240903123829
ACCESSION NUMBER:		0001214659-24-015840
CONFORMED SUBMISSION TYPE:	PX14A6G
PUBLIC DOCUMENT COUNT:		1
FILED AS OF DATE:		20240903
DATE AS OF CHANGE:		20240903
EFFECTIVENESS DATE:		20240903

SUBJECT COMPANY:	

	COMPANY DATA:	
		COMPANY CONFORMED NAME:			NIKE, Inc.
		CENTRAL INDEX KEY:			0000320187
		STANDARD INDUSTRIAL CLASSIFICATION:	RUBBER & PLASTICS FOOTWEAR [3021]
		ORGANIZATION NAME:           	04 Manufacturing
		IRS NUMBER:				930584541
		STATE OF INCORPORATION:			OR
		FISCAL YEAR END:			0531

	FILING VALUES:
		FORM TYPE:		PX14A6G
		SEC ACT:		1934 Act
		SEC FILE NUMBER:	001-10635
		FILM NUMBER:		241273103

	BUSINESS ADDRESS:	
		STREET 1:		ONE BOWERMAN DR
		CITY:			BEAVERTON
		STATE:			OR
		ZIP:			97005-6453
		BUSINESS PHONE:		5036713173

	MAIL ADDRESS:	
		STREET 1:		ONE BOWERMAN DR
		CITY:			BEAVERTON
		STATE:			OR
		ZIP:			97005-6453

	FORMER COMPANY:	
		FORMER CONFORMED NAME:	NIKE INC
		DATE OF NAME CHANGE:	19920703

FILED BY:		

	COMPANY DATA:	
		COMPANY CONFORMED NAME:			Canadian Shareholder Association for Research & Education
		CENTRAL INDEX KEY:			0001782324
		ORGANIZATION NAME:           	
		IRS NUMBER:				000000000
		STATE OF INCORPORATION:			A1
		FISCAL YEAR END:			0531

	FILING VALUES:
		FORM TYPE:		PX14A6G

	BUSINESS ADDRESS:	
		STREET 1:		789 WEST PENDER STREET
		STREET 2:		SUITE 440
		CITY:			VANCOUVER
		STATE:			A1
		ZIP:			V6C 1H2
		BUSINESS PHONE:		604-408-2500

	MAIL ADDRESS:	
		STREET 1:		401 RICHMOND STREET WEST
		STREET 2:		SUITE 412
		CITY:			TORONTO
		STATE:			A6
		ZIP:			M5V 3A8
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<P STYLE="margin: 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: center"><B><U>Notice of Exempt Solicitation </U></B></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: center">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: center"><B>&nbsp;</B></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: center">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">Name of Registrant: NIKE, Inc.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">Name of Person Relying on Exemption: Shareholder Association for Research
and Education (SHARE)</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">Address of Person Relying on Exemption: Unit 401, 401 Richmond Street
West, Toronto, ON M5V 3A8, Canada</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">Date: September 3, 2024</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; background-color: white">Written materials are
submitted pursuant to Rule 14a-6(g) (1) promulgated under the Securities Exchange Act of 1934. Submission is not required of this filer
under the terms of the Rule but is made voluntarily.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: center">&nbsp;</P>

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<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: center">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: center"><B>This is not a solicitation of authority to vote
your proxy. </B></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: center">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: center"><B>Please DO NOT send us your proxy card as it
will not be accepted </B></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: center">&nbsp;</P>

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<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: center">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: center"></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: center; background-color: white"><B>Nike, Inc.</B></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: center; background-color: white">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: center; background-color: white"><B>COMPLEMENTARY COMMENTS</B></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: center; background-color: white">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: center; background-color: white"><B>Shareholder Proposal
Number 6 Regarding Worker-Driven Social Responsibility</B></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: center; background-color: white">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; background-color: white"><B>&nbsp;</B></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; background-color: white">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify">In complement to the Notice of exempt solicitation
filed on August 12, 2024, we encourage shareholders of Nike, Inc. to review this additional Notice of exempt solicitation to inform their
voting decision ahead of Nike&rsquo;s annual general meeting schedule for September 10, 2024.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify"><B><U>Worker-driven Social Responsibility models
(&ldquo;WSR&rdquo;) are different from voluntary Corporate Social Responsibility (&ldquo;CSR&rdquo;) initiatives that include a &ldquo;worker
voice&rdquo; or &ldquo;worker empowerment&rdquo; component. Nike is not implementing WSR programs, but CSR programs. This proposal requests
an evaluation of WSR programs. </U></B></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; color: #202020"><FONT STYLE="background-color: white">WSR
models have been recognized by the United Nations Working Group on Business and Human Rights as &ldquo;the international benchmark&rdquo;
for addressing worker and human rights abuses.<SUP>1</SUP></FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; color: #202020">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify"><FONT STYLE="color: #202020; background-color: white">WSR
models form the backbone of the most effective o</FONT><FONT STYLE="background-color: white">versight initiatives because (1) they are
led by workers or their representatives; (2) they are supported by binding and enforceable agreements between workers and brands; (3)
suppliers have financial incentive and capacity to comply; (4) they include mandatory consequences for non-compliance; (5) they have measurable
and timely outcomes for workers, and; (6) they rely on rigorous and independent monitoring.<SUP>2</SUP></FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify"></P>

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<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify"><SUP>1</SUP><U>https://www.ohchr.org/en/statements/2016/12/end-visit-statement-united-states-america-6-16-december-2016-maria-grazia?LangID=E&amp;NewsID=21049</U>;https://static1.squarespace.com/static/6055c0601c885456ba8c962a/t/61d5d71907ef68040bbc8602/1641404186331/ReStructureLab_InvestmentPatternsandLeverage_November2021.pdf
; <U>https://www.cbp.gov/sites/default/files/assets/documents/2021-Aug/CBP%202021%20VTW%20FAQs%20%28Forced%20Labor%29.pdf; https://blog.dol.gov/2022/01/13/exposing-the-brutality-of-human-trafficking</U>;
https://rfkhumanrights.org/person/lucas-benitez/ ; https://wallenberg.umich.edu/medal-recipients/2023-lucas-benitez/.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0"></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0"><SUP>2</SUP> <U>https://wsr-network.org/what-is-wsr/statement-of-principles/;
</U>https://fairfoodprogram.org/; https://electronicswatch.org/new-worker-driven-remedy-principles_2635094.pdf</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify"></P>

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<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify">By centering workers in the design, implementation,
and enforcement of labor standards, WSR models directly respond to the labour rights risks and challenges that workers face in high-risk
circumstances thus enhancing the effectiveness and adequacy of monitoring, and remediation. By using enforceable mechanisms, companies
and suppliers can be held accountable for non-compliance with labour standards.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify">The features of WSR constitute an assurance for
shareholders that potential human rights abuses have a greater likelihood to be identified and resolved effectively before they escalate
into significant risks. WSR initiatives have proven to be particularly effective at doing so in high-risk countries where <FONT STYLE="color: #202020">the
risk of exploitative or poor labour conditions is the highest due to inadequate labour laws, inspections and enforcement. Participating
companies share the costs and collectively use their leverage, and workers are free from retaliation from reporting labour rights violations.
</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify">In contrast, CSR initiatives are voluntary, generally
consist of surveys of suppliers or workers and other mechanisms to collect workers&rsquo; feedback, social audits to monitor adherence
to supplier codes, and other various voluntary initiatives and leadership programs.<SUP>3</SUP> These are often one-off occurrences
or one way communications channels, so do not result in actions taken on the feedback workers provide through a survey. These CSR initiatives,
while commendable, are not binding, worker-driven, transparent and generally fail to establish accountability, and therefore differ significantly
in effectiveness from WSR.<SUP>4</SUP></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify"><B><U>Nike&rsquo;s current disclosure does not
address WSR models in general and Nike does not take part in WSR initiatives.</U></B></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify">Based on available disclosure, Nike does not address
how it approaches WSR models and how such models could enhance Nike&rsquo;s human rights due diligence approach in high-risk contexts
where voluntary CSR initiatives are insufficient. While Nike discloses in its FY2023 Impact Report the various voluntary CSR initiatives
it participates in such as the Issara Initiative, the FLA or the ILO/IFC Better Work program, <B>to our knowledge, none of them align
with the features of WSR</B>.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify">Notably, in its opposition statement to Proposal
6, <B>Nike does not mention WSR, indicate that it is implementing WSR initiatives,</B> clearly explain how it accounts for WSR models
in its human rights due diligence, or evaluate the costs and benefits of WSR compared with its existing CSR initiatives compare to WSR.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify">Given that Nike&rsquo;s peers and competitors
participate in WSR initiatives in countries where Nike has sourcing suppliers, shareholders are entitled to ask why Nike does not see
the value that these peers see and how its approach is more effective at mitigating labour rights risks in high-risk countries.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify">Examples of WSR initiatives which have been adopted
by peers include:</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify">&nbsp;</P>

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<TD STYLE="width: 0.25in"></TD><TD STYLE="width: 0.25in">-</TD><TD STYLE="text-align: justify"><FONT STYLE="font-family: Times New Roman, Times, Serif">The International Accord for Health and Safety&nbsp;in
the Garment and Textile Industry which has been signed by Adidas, PUMA, Gap Inc., H&amp;M Group, Inditex (owner of Zara), PVH Corp, ASOS,
Boohoo group, MANGO, Marks and Spencer, Cotton On, AEO Inc. (American Eagle and Aerie), Loblaw Companies Limited and 200 brands and retailers.<SUP>5</SUP>
Performance metrics relating to inspection, OSH violations and remediation can be find in the Accord&rsquo;s Annual Report.<SUP>6</SUP></FONT></TD></TR></TABLE>

<P STYLE="margin-top: 0; margin-bottom: 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

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<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0"><SUP>3</SUP> https://www.cambridge.org/core/journals/business-and-human-rights-journal/article/overlooked-advantages-of-the-independent-monitoring-and-complaint-investigation-</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">system-in-the-workerdriven-social-responsibility-model-in-us-agriculture/B2FA243E5ACD6F4CBEBCDF0C500BFC4A</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0"><SUP>4</SUP> https://wsr-network.org/resource/comparison-of-critical-elements-of-wsr-vs-csr-and-msis/</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0"><SUP>5</SUP> https://internationalaccord.org/signatories/#signatories-search</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0"><SUP>6</SUP> https://internationalaccord.org/wp-content/uploads/2024/01/ACCORD_Annual-Report-2022.pdf</P>


<P STYLE="margin-top: 0; margin-bottom: 0">&nbsp;</P>

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<TD STYLE="width: 0.25in"></TD><TD STYLE="width: 0.25in">-</TD><TD STYLE="text-align: justify"><FONT STYLE="font-family: Times New Roman, Times, Serif">The Dindigul Agreement<SUP>7</SUP>&nbsp;is
a binding agreement signed by PVH<SUP>8</SUP> , H&amp;M<SUP>9</SUP>, and the Gap<SUP>10</SUP> to protect garment workers at a factory
in India. The agreement proved to &ldquo;increase worker efficiency by 16%, increased reporting to work on time by 4.3% and has reduced
attrition rate by 67% between 2021 and 2022&rdquo;.<SUP>11</SUP> From April to December 2022, workers using the provisions of the Dindigul
Agreement at the participating factory raised 185 grievances: 177 (96%) were raised by women, 98% of the 185 grievances workers raised
at the factory were resolved (90% of these were resolved within a week).&nbsp;</FONT></TD></TR></TABLE>

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<TD STYLE="width: 0.25in"></TD><TD STYLE="width: 0.25in">-</TD><TD STYLE="text-align: justify"><FONT STYLE="font-family: Times New Roman, Times, Serif">The Cambodia ACT<SUP>12</SUP> which is a binding
agreement by which brands, retailers, manufacturers and trade unions work together to support the adoption of living wages by leveraging
purchasing practices. Participants include H&amp;M, Inditex, PHV and other companies.</FONT></TD></TR></TABLE>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify"><B>For these reasons, we urge Nike&rsquo;s shareholders
to vote FOR PROPOSAL NUMBER 6 Regarding Worker-Driven Social Responsibility</B></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify">Any questions regarding this exempt solicitation
or Proposal Number 6 should be directed to Sarah Couturier-Tanoh, Director of Shareholder Advocacy, SHARE at&nbsp;scouturier-tanoh@share.ca.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

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<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: center">THE FOREGOING INFORMATION MAY BE DISSEMINATED TO
SHAREHOLDERS VIA TELEPHONE, U.S. MAIL, EMAIL, CERTAIN WEBSITES AND CERTAIN SOCIAL MEDIA VENUES, AND SHOULD NOT BE CONSTRUED AS INVESTMENT
ADVICE OR AS A SOLICITATION OF AUTHORITY TO VOTE YOUR PROXY. THE COST OF DISSEMINATING THE FOREGOING INFORMATION TO SHAREHOLDERS IS BEING
BORNE ENTIRELY BY THE FILERS. PROXY CARDS WILL NOT BE ACCEPTED BY ANY FILER. PLEASE DO NOT SEND YOUR PROXY TO ANY FILER. TO VOTE YOUR
PROXY, PLEASE FOLLOW THE INSTRUCTIONS ON YOUR PROXY CARDS.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

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<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: center"><B>This is not a solicitation of authority to
vote your proxy. Please DO NOT send us your proxy card as it will not be accepted.</B></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

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<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0"><SUP>7</SUP>https://laborrights.org/sites/default/files/publications/DINDIGUL%20AGREEMENT%20YEAR%201%20PROGRESS%20REPORT%202023_0.pdf</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0"><SUP>8</SUP> https://pvh.com/-/media/Files/pvh/responsibility/CR-Dindigul-Agreement.pdf</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0"><SUP>9</SUP> https://justiceforjeyasre.com/landmark-dindigul-agreement-to-eliminate-gender-based-violence-and-harassment-at/</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0"><SUP>10</SUP> https://www.gapinc.com/en-us/policy/uk-modern-slavery-act</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0"><SUP>11</SUP>https://laborrights.org/sites/default/files/publications/DINDIGUL%20AGREEMENT%20YEAR%201%20PROGRESS%20REPORT%202023_0.pdf</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0"><SUP>12</SUP> https://actonlivingwages.com/app/uploads/2023/05/ACT-Info-Brief-2023.pdf</P>

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