<SEC-DOCUMENT>0001193125-24-154834.txt : 20240605
<SEC-HEADER>0001193125-24-154834.hdr.sgml : 20240605
<ACCEPTANCE-DATETIME>20240605102457
ACCESSION NUMBER:		0001193125-24-154834
CONFORMED SUBMISSION TYPE:	PX14A6G
PUBLIC DOCUMENT COUNT:		2
FILED AS OF DATE:		20240605
DATE AS OF CHANGE:		20240605
EFFECTIVENESS DATE:		20240605

SUBJECT COMPANY:	

	COMPANY DATA:	
		COMPANY CONFORMED NAME:			KROGER CO
		CENTRAL INDEX KEY:			0000056873
		STANDARD INDUSTRIAL CLASSIFICATION:	RETAIL-GROCERY STORES [5411]
		ORGANIZATION NAME:           	07 Trade & Services
		IRS NUMBER:				310345740
		STATE OF INCORPORATION:			OH
		FISCAL YEAR END:			0203

	FILING VALUES:
		FORM TYPE:		PX14A6G
		SEC ACT:		1934 Act
		SEC FILE NUMBER:	001-00303
		FILM NUMBER:		241021151

	BUSINESS ADDRESS:	
		STREET 1:		1014 VINE ST
		CITY:			CINCINNATI
		STATE:			OH
		ZIP:			45201
		BUSINESS PHONE:		5137624000

	MAIL ADDRESS:	
		STREET 1:		1014 VINE ST
		CITY:			CINCINNATI
		STATE:			OH
		ZIP:			45201

FILED BY:		

	COMPANY DATA:	
		COMPANY CONFORMED NAME:			DOMINI IMPACT INVESTMENTS LLC
		CENTRAL INDEX KEY:			0001399069
		ORGANIZATION NAME:           	
		IRS NUMBER:				133961229
		STATE OF INCORPORATION:			MA
		FISCAL YEAR END:			1231

	FILING VALUES:
		FORM TYPE:		PX14A6G

	BUSINESS ADDRESS:	
		STREET 1:		180 MAIDEN LANE
		STREET 2:		SUITE 1302
		CITY:			NEW YORK
		STATE:			NY
		ZIP:			10038-4925
		BUSINESS PHONE:		212-217-1100

	MAIL ADDRESS:	
		STREET 1:		180 MAIDEN LANE
		STREET 2:		SUITE 1302
		CITY:			NEW YORK
		STATE:			NY
		ZIP:			10038-4925

	FORMER COMPANY:	
		FORMER CONFORMED NAME:	DOMINI SOCIAL INVESTMENTS LLC
		DATE OF NAME CHANGE:	20130722

	FORMER COMPANY:	
		FORMER CONFORMED NAME:	Domini Social Investments LLC
		DATE OF NAME CHANGE:	20070509
</SEC-HEADER>
<DOCUMENT>
<TYPE>PX14A6G
<SEQUENCE>1
<FILENAME>d825472dpx14a6g.htm
<DESCRIPTION>NOTICE OF EXEMPT SOLICITATION
<TEXT>
<HTML><HEAD>
<TITLE>Notice of Exempt Solicitation</TITLE>
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 <P STYLE="margin-top:0pt; margin-bottom:0pt; font-size:11pt; font-family:ARIAL" ALIGN="right">As filed with the Securities and Exchange Commission on June&nbsp;5, 2024 </P>
<P STYLE="margin-top:0pt; margin-bottom:0pt; font-size:11pt; font-family:ARIAL" ALIGN="right">FORM PX14A6G </P> <P STYLE="margin-top:24pt; margin-bottom:0pt; font-size:11pt; font-family:ARIAL" ALIGN="center">United States Securities and Exchange
Commission </P> <P STYLE="margin-top:0pt; margin-bottom:0pt; font-size:11pt; font-family:ARIAL" ALIGN="center">Washington, D.C. 20549 </P> <P STYLE="margin-top:12pt; margin-bottom:0pt; font-size:11pt; font-family:ARIAL" ALIGN="center"><B>NOTICE OF
EXEMPT SOLICITATION </B></P> <P STYLE="margin-top:0pt; margin-bottom:0pt; font-size:11pt; font-family:ARIAL" ALIGN="center">(Voluntary Submission) </P> <P STYLE="margin-top:12pt; margin-bottom:0pt; font-size:11pt; font-family:ARIAL"><B>NAME OF THE
REGISTRANT</B><B>:</B> The Kroger Co. </P> <P STYLE="margin-top:6pt; margin-bottom:0pt; font-size:11pt; font-family:ARIAL"><B>NAME OF PERSON RELYING ON EXEMPTION</B><B>:</B> Domini Impact Investments LLC </P>
<P STYLE="margin-top:6pt; margin-bottom:0pt; font-size:11pt; font-family:ARIAL"><B>ADDRESS OF PERSONS RELYING ON EXEMPTION</B><B>:</B> 180 Maiden Lane, Suite 1302, New York, New York 10038 </P>
<P STYLE="margin-top:12pt; margin-bottom:0pt; font-size:11pt; font-family:ARIAL">Written materials are submitted pursuant to <FONT STYLE="white-space:nowrap">Rule14a-6(g)(1)</FONT> 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 in the interest of public disclosure and consideration of these important issues. </P> <P STYLE="font-size:18pt;margin-top:0pt;margin-bottom:0pt">&nbsp;</P>
<P STYLE="line-height:1.0pt;margin-top:0pt;margin-bottom:2pt;border-bottom:1px solid #000000">&nbsp;</P> <P STYLE="font-size:12pt;margin-top:0pt;margin-bottom:0pt">&nbsp;</P> <P STYLE="margin-top:0pt;margin-bottom:0pt">


<IMG SRC="g825472dsp001.jpg" ALT="LOGO">
 </P> <P STYLE="margin-top:14pt; margin-bottom:0pt; font-size:11pt; font-family:ARIAL">June&nbsp;5, 2024 </P> <P STYLE="margin-top:14pt; margin-bottom:0pt; font-size:11pt; font-family:ARIAL">Dear Shareholders of Kroger:
</P> <P STYLE="margin-top:14pt; margin-bottom:0pt; font-size:11pt; font-family:ARIAL">Domini Impact Investments LLC (&#147;Domini&#148;) is writing to <B>urge shareholders to vote &#147;FOR&#148; Proposal No.</B><B></B><B>&nbsp;7 </B>(the
&#147;Proposal&#148;) of the 2024 proxy ballot provided by The Kroger Co. (&#147;Kroger&#148; or the &#147;Company&#148;) in connection with its Annual Meeting of Shareholders to be held on June&nbsp;27, 2024. </P>
<P STYLE="margin-top:14pt; margin-bottom:0pt; font-size:11pt; font-family:ARIAL"><I>This is not a solicitation of authority to vote your proxy. Please DO NOT send Domini your proxy card; Domini is not able to vote your proxy, nor does this
communication contemplate such an event. Domini urges shareholders of Kroger to vote following the instructions provided in their proxy mailing. </I></P> <P STYLE="margin-top:14pt; margin-bottom:0pt; font-size:11pt; font-family:ARIAL"><B>About
Domini </B></P> <P STYLE="margin-top:14pt; margin-bottom:0pt; font-size:11pt; font-family:ARIAL">Domini is an SEC registered investment adviser that harnesses the power of finance to help create a better world. With an exclusive focus on impact
investing, we aim to help drive positive outcomes for our planet and its people while seeking competitive financial returns. Our continuous innovation and caring, diverse community fuel tomorrow&#146;s prosperity as we endeavor to make
&#147;investing for good&#148; the way all investing is done. </P>
 <p STYLE="margin-top:0pt;margin-bottom:0pt ; font-size:8pt">&nbsp;</P> <P STYLE="margin-top:0pt; margin-bottom:0pt; font-size:12pt; font-family:ARIAL" ALIGN="center">1 </P>


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 <P STYLE="margin-top:0pt; margin-bottom:0pt; font-size:11pt; font-family:ARIAL"><B>Domini Impact Investments LLC urges you to vote FOR Item No.&nbsp;7, Just Transition Report at the Kroger Company Annual
Meeting of Shareholders on June&nbsp;27, 2024. </B></P> <P STYLE="margin-top:16pt; margin-bottom:0pt; font-size:11pt; font-family:ARIAL"><B>Summary of the Proposal </B></P>
<P STYLE="margin-top:2pt; margin-bottom:0pt; font-size:11pt; font-family:ARIAL">Kroger is exposed to operational, financial, regulatory, and reputational risk, stemming from climate change and labor conditions, in particular through its agricultural
supply chain. Despite this, the Company&#146;s climate efforts lack any human capital management considerations, it has failed to adequately evaluate or participate in programs that could mitigate these risks, and it lacks a just transition
strategy. Investors request a just transition report in order to understand how the risks to workers are changing due to rising temperatures and the impacts of climate change, and whether necessary adaptations to protect worker health and safety and
being undertaken. Furthermore, investors seek information about why Kroger is not part of existing programs that could mitigate these risks and address heat stress, along with risks of forced labor, child labor, sexual harassment, and other human
rights risk that are present in the agricultural supply chain. </P> <P STYLE="margin-top:16pt; margin-bottom:0pt; font-size:11pt; font-family:ARIAL"><B>The Proposal </B></P>
<P STYLE="margin-top:2pt; margin-bottom:0pt; font-size:11pt; font-family:ARIAL">A shareholder proposal has been included on Kroger&#146;s 2024 proxy ballot requesting a just transition report,<SUP STYLE="font-size:75%; vertical-align:top">1</SUP> as
set forth below: </P> <P STYLE="margin-top:16pt; margin-bottom:0pt; font-size:11pt; font-family:ARIAL">Shareholders request that the Board of Directors publish a just transition report, at reasonable cost omitting proprietary information, disclosing
how Kroger is assessing and addressing the impacts of climate change and ensuring fundamental labor protections for workers in its agricultural supply chain, consistent with the ILO&#146;s just transition guidelines. </P>
<P STYLE="margin-top:16pt; margin-bottom:0pt; font-size:11pt; font-family:ARIAL"><B>Supporting Statement:</B> Shareholders recommend the report include, at Board discretion: </P> <P STYLE="font-size:16pt;margin-top:0pt;margin-bottom:0pt">&nbsp;</P>
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<TR style = "page-break-inside:avoid">
<TD WIDTH="4%">&nbsp;</TD>
<TD WIDTH="3%" VALIGN="top" ALIGN="left"><FONT STYLE="font-family:SYMBOL; font-size:8pt" COLOR="#000000">&#183;</FONT></TD>
<TD WIDTH="1%" VALIGN="top">&nbsp;</TD>
<TD ALIGN="left" VALIGN="top"> <P ALIGN="left" STYLE=" margin-top:0pt ; margin-bottom:0pt; font-family:ARIAL; font-size:11pt">A set of measurable, time-bound indicators, such as those recommended by the WBA, </P></TD></TR></TABLE>
<P STYLE="font-size:2pt;margin-top:0pt;margin-bottom:0pt">&nbsp;</P>
<TABLE STYLE="BORDER-COLLAPSE:COLLAPSE; font-family:ARIAL; font-size:11pt" BORDER="0" CELLPADDING="0" CELLSPACING="0" WIDTH="100%">
<TR style = "page-break-inside:avoid">
<TD WIDTH="4%">&nbsp;</TD>
<TD WIDTH="3%" VALIGN="top" ALIGN="left"><FONT STYLE="font-family:SYMBOL; font-size:8pt" COLOR="#000000">&#183;</FONT></TD>
<TD WIDTH="1%" VALIGN="top">&nbsp;</TD>
<TD ALIGN="left" VALIGN="top"> <P ALIGN="left" STYLE=" margin-top:0pt ; margin-bottom:0pt; font-family:ARIAL; font-size:11pt">An evaluation of the risks facing its agricultural supply chain workers, and how, if at all Kroger is addressing them,
detailing how its efforts compare to other effective mechanisms such as the Fair Food Program, and </P></TD></TR></TABLE> <P STYLE="font-size:2pt;margin-top:0pt;margin-bottom:0pt">&nbsp;</P>
<TABLE STYLE="BORDER-COLLAPSE:COLLAPSE; font-family:ARIAL; font-size:11pt" BORDER="0" CELLPADDING="0" CELLSPACING="0" WIDTH="100%">
<TR style = "page-break-inside:avoid">
<TD WIDTH="4%">&nbsp;</TD>
<TD WIDTH="3%" VALIGN="top" ALIGN="left"><FONT STYLE="font-family:SYMBOL; font-size:8pt" COLOR="#000000">&#183;</FONT></TD>
<TD WIDTH="1%" VALIGN="top">&nbsp;</TD>
<TD ALIGN="left" VALIGN="top"> <P ALIGN="left" STYLE=" margin-top:0pt ; margin-bottom:0pt; font-family:ARIAL; font-size:11pt">Disclosure on the stakeholder engagement process used in developing its just transition report. </P></TD></TR></TABLE>
<P STYLE="margin-top:16pt; margin-bottom:0pt; font-size:11pt; font-family:ARIAL"><B>Proponents believes a vote &#147;FOR&#148; the Proposal is warranted and in the best interest of shareholders for the following reasons: </B></P>
<P STYLE="font-size:16pt;margin-top:0pt;margin-bottom:0pt">&nbsp;</P>
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<TD WIDTH="1%">&nbsp;</TD>
<TD WIDTH="5%" VALIGN="top" ALIGN="left"><B>I.</B></TD>
<TD ALIGN="left" VALIGN="top"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; font-size:11pt; font-family:ARIAL; " ALIGN="left"><B>CLIMATE CHANGE WILL INTENSIFY EXISTING RISKS FOR AGRICULTURAL WORKERS IN KROGER&#146;S SUPPLY CHAIN.
</B></P></TD></TR></TABLE> <P STYLE="margin-top:16pt; margin-bottom:0pt; font-size:11pt; font-family:ARIAL">It is apparent &#150; and Kroger has acknowledged<SUP STYLE="font-size:75%; vertical-align:top">2</SUP> &#150; that climate change poses
additional risks to the Company&#146;s ability to manage its facilities and supply chain, where risks are already severe and pervasive. As a major food retailer dependent on an extensive agricultural supply chain that is subject to climate
</P>
 <p STYLE="margin-top:0pt;margin-bottom:0pt ; font-size:8pt">&nbsp;</P> <P STYLE="margin-top:0pt; margin-bottom:0pt; font-size:12pt; font-family:ARIAL" ALIGN="center">2 </P>


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 <P STYLE="margin-top:0pt; margin-bottom:0pt; font-size:11pt; font-family:ARIAL">
risks, such as droughts, flooding, increased heatwaves, and wildfires, the Company is exposed to operational, financial, regulatory, and reputational risk, if it does not address the human
capital management risks in its agricultural supply chain, which are heightened due to climate change and increasing heat stress. </P> <P STYLE="margin-top:14pt; margin-bottom:0pt; font-size:11pt; font-family:ARIAL">Farmworkers are a uniquely
vulnerable workforce.<SUP STYLE="font-size:75%; vertical-align:top">3</SUP> Climate change has made work even more dangerous for farmworkers than it was before, and the average U.S. agricultural worker is exposed to 21 unsafe working days due to
heat each year.<SUP STYLE="font-size:75%; vertical-align:top">4</SUP> Rising temperatures expose farmworkers to greater likelihood of heat stress and other risks within the agricultural industry and can be deadly threat to farmworkers or pose
long-term health risks.<SUP STYLE="font-size:75%; vertical-align:top">5</SUP> There are currently no federal heat stress protections Kroger identified heat exposure as a primary finding in its own human rights impact assessment. The agricultural
sector may account for 60&nbsp;percent of global work hours lost to heat stress.<SUP STYLE="font-size:75%; vertical-align:top">6</SUP> There are no existing federal heat stress protections, and some states have limited the ability to pass
protections for agricultural workers.<SUP STYLE="font-size:75%; vertical-align:top">7</SUP> Farmworkers also lack fundamental labor protections, such as freedom of association and collective
bargaining.<SUP STYLE="font-size:75%; vertical-align:top">8</SUP> </P> <P STYLE="margin-top:14pt; margin-bottom:0pt; font-size:11pt; font-family:ARIAL">Climate change has gradually destabilized agriculture in parts of Mexico and Latin America and
also lengthened growing seasons in the U.S.<SUP STYLE="font-size:75%; vertical-align:top">9</SUP> To meet the increasing demand for farm labor, over the last decade the U.S. has significantly expanded the temporary work <FONT
STYLE="white-space:nowrap">H-2A</FONT> visa program that brings workers from Mexico and Latin America to work on farms in the U.S.<SUP STYLE="font-size:75%; vertical-align:top">10</SUP> Because of their visa status and economic situation, many
migrant farmworkers are especially susceptible to workplace abuses - like dangerously hot working conditions or forced labor &#150; and are less able to address them due to fear of retaliation. </P>
<P STYLE="font-size:14pt;margin-top:0pt;margin-bottom:0pt">&nbsp;</P>
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<TD WIDTH="1%">&nbsp;</TD>
<TD WIDTH="5%" VALIGN="top" ALIGN="left"><B>II.</B></TD>
<TD ALIGN="left" VALIGN="top"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; font-size:11pt; font-family:ARIAL; " ALIGN="left"><B>KROGER&#146;S CURRENT POLICIES DO NOT SUFFICIENTLY ADDRESS THESE RISKS, AND KROGER HAS FAILED TO ADOPT PROVEN
SOLUTIONS. </B></P></TD></TR></TABLE> <P STYLE="margin-top:14pt; margin-bottom:0pt; font-size:11pt; font-family:ARIAL">Kroger&#146;s current policies and disclosures do not sufficiently address climate change, human capital management, and workforce
risks in the supply chain, and the Company has failed to adequately evaluate or participate in programs that already exist and are proven to mitigate these risks. In the last year, Kroger has had at least one verified worker death due to heat
stress.<SUP STYLE="font-size:75%; vertical-align:top">11</SUP> In three out of the last four years, Kroger has been linked to forced labor cases in its supply chain that have resulted in convictions or are currently being prosecuted.<SUP
STYLE="font-size:75%; vertical-align:top">12</SUP> Kroger&#146;s current supplier policies contain vague expectations and do not include binding obligations that effectively keep workers safe. For monitoring, Kroger relies on social audits or
voluntary self-assessments, which have been widely critiqued and discredited for their failure to deliver human rights outcomes and remediate harms, a topic that has been addressed in previous shareholder proposals filed at Kroger.<SUP
STYLE="font-size:75%; vertical-align:top">13</SUP> </P> <P STYLE="margin-top:14pt; margin-bottom:0pt; font-size:11pt; font-family:ARIAL">In addition to the inadequacy of its human rights and supplier code, its climate change policy and TCFD
disclosures do not integrate or address human capital management risks. Kroger&#146;s recently released nature-based strategy, developed to reduce pesticides with the goal to protect pollinators and biodiversity, does not make any mention of
farmworkers who apply pesticides, nor account for how the policy may mitigate the environmental health risks associated with pesticide use.<SUP STYLE="font-size:75%; vertical-align:top">14</SUP> This siloed approach
</P>
 <p STYLE="margin-top:0pt;margin-bottom:0pt ; font-size:8pt">&nbsp;</P> <P STYLE="margin-top:0pt; margin-bottom:0pt; font-size:12pt; font-family:ARIAL" ALIGN="center">3 </P>


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 <P STYLE="margin-top:0pt; margin-bottom:0pt; font-size:11pt; font-family:ARIAL">
between environmental and social risks leaves the company <FONT STYLE="white-space:nowrap">ill-prepared</FONT> to develop comprehensive strategies. </P>
<P STYLE="margin-top:14pt; margin-bottom:0pt; font-size:11pt; font-family:ARIAL">It could be a positive sign that Kroger plans to develop voluntary heat stress guidelines for suppliers.<SUP STYLE="font-size:75%; vertical-align:top">15</SUP> However,
proponents are concerned that if this is not developed in consultation with workers through a worker-driven stakeholder engagement process and if it is not binding, it will fail to hold suppliers accountable for implementation to address the supply
chain risks and protect workers. </P> <P STYLE="margin-top:14pt; margin-bottom:0pt; font-size:11pt; font-family:ARIAL">Therefore, the proposal draws attention to the existing best practice that demonstrates the values of a just transition in
practice: the Fair Food Program. The Fair Food Program is the only farmworker program with a demonstrated track record of success in protecting farmworkers in U.S. agriculture from climate-related risks. In 2021, the Fair Food Program introduced the
only enforceable heat stress regulations for farmworkers.<SUP STYLE="font-size:75%; vertical-align:top">16</SUP> The Fair Food Program&#146;s heat stress protocols have provided a model for others working toward broader and more strictly enforced
safeguards.<SUP STYLE="font-size:75%; vertical-align:top">17</SUP> It requires mandatory cool-down rest breaks, increased monitoring for heat stress symptoms, training in workers&#146; native languages, and a rapid response plan for all employers.<SUP
STYLE="font-size:75%; vertical-align:top">18</SUP> The Fair Food Program&#146;s protocols are mandatory and workers have enforceable protections against retaliation, which enables workers to make use of their rights without fear of reprisal, and
distinguishes this as &#147;America&#146;s strongest workplace heat rules.&#148;<SUP STYLE="font-size:75%; vertical-align:top">19</SUP> </P> <P STYLE="margin-top:14pt; margin-bottom:0pt; font-size:11pt; font-family:ARIAL">The enforceable standards
that make its heat stress protections successful are what have also enabled the Fair Food Program to address other worker and human rights abuses &#150; including some of the worst abuses, like forced labor, that have plagued Kroger&#146;s supply
chain. Since its launch in 2011, the Fair Food Program has set the standard for success in detecting and preventing forced labor in US.. agriculture.<SUP STYLE="font-size:75%; vertical-align:top">20</SUP> The Fair Food Program is credited with
transforming Florida tomato fields, once described as &#147;ground zero&#148; for modern slavery by federal prosecutors, into the best work environment in U.S. agriculture.<SUP STYLE="font-size:75%; vertical-align:top">21</SUP> </P>
<P STYLE="margin-top:14pt; margin-bottom:0pt; font-size:11pt; font-family:ARIAL">Kroger states its Vendor Code of Conduct is built on internationally agreed-upon standards, such as the UN Guiding Principles on Business and Human Rights and the
International Labour Organization (ILO)&#146;s International Bill of Human Rights, but Kroger has refused to join the Fair Food Program, which is the one program that has been singled out by the United Nations as &#147;the international
benchmark&#148; for addressing worker and human rights abuses.<SUP STYLE="font-size:75%; vertical-align:top">22</SUP> Any policy adopted by Kroger to address human rights issues at the center of a just transition strategy, therefore, should be
evaluated against the Fair Food Program as the &#147;gold standard&#148; in the field, including government enforcement agencies and human rights experts.<SUP STYLE="font-size:75%; vertical-align:top">23</SUP> The Fair Food Program has expanded from
Florida tomatoes, and now protects tens of thousands of farmworkers harvesting over a dozen crops in ten states and three continents.<SUP STYLE="font-size:75%; vertical-align:top">24</SUP> It is recognized as providing the highest standards of
rights protections for farmworkers,<SUP STYLE="font-size:75%; vertical-align:top">25</SUP> and farms across the country continue to join the Program. This not only expands the relevance of the Fair Food Program to Kroger, but also presents an
opportunity for Kroger to continue to help grow the breadth of the program to effectively protect human rights across its vast agricultural supply chain.<SUP STYLE="font-size:75%; vertical-align:top">26</SUP> </P>
 <p STYLE="margin-top:0pt;margin-bottom:0pt ; font-size:8pt">&nbsp;</P> <P STYLE="margin-top:0pt; margin-bottom:0pt; font-size:12pt; font-family:ARIAL" ALIGN="center">4 </P>


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<TD WIDTH="5%" VALIGN="top" ALIGN="left"><B>III.</B></TD>
<TD ALIGN="left" VALIGN="top"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; font-size:11pt; font-family:ARIAL; " ALIGN="left"><B>A JUST TRANSITION THAT ADDRESSES THESE RISKS TO SUPPLY CHAIN WORKERS IS IN THE BEST INTERESTS OF KROGER AND ITS
INVESTORS. </B></P></TD></TR></TABLE> <P STYLE="margin-top:14pt; margin-bottom:0pt; font-size:11pt; font-family:ARIAL">Investors recognize that a just transition is critical to long-term value creation, supply chain resilience, and a robust climate
strategy, and will better prepare Kroger to understand this emergent risk that is quickly materializing, and adapt to the future of its supply chain, enhancing measures to increase worker satisfaction and retention.<SUP
STYLE="font-size:75%; vertical-align:top">27</SUP> A just transition starts with the baseline premise of decent work &#150;and appropriate adaptation for how climate change is impacting health and safety. A just transition strategy will not only
ensure protections for workers, but will also minimize supply chain disruption, ensure appropriate adaption for climate change, and enable Kroger to develop a robust climate transition strategy. Failure to ensure adequate protections for farmworkers
can also be a source of reputational risks, as witnessed through protests or boycotts, or in the face of increasing consumer preferences for responsible business practices.<SUP STYLE="font-size:75%; vertical-align:top">28</SUP> </P>
<P STYLE="margin-top:14pt; margin-bottom:0pt; font-size:11pt; font-family:ARIAL">A climate transition strategy should not be developed in the absence of stakeholder consultation, evaluation of the impacts on the workforce, and development of
mitigation strategies. The ILO guidelines for a just transition, <SUP STYLE="font-size:75%; vertical-align:top">29</SUP> published in 2015, are well established, serving as a framework for both countries and businesses to create decent jobs and
promote social protection through the transition to a <FONT STYLE="white-space:nowrap">low-carbon</FONT> economy. With transparent planning and active participation of a broad range of stakeholders, companies can not only minimize the potential for
opposition to climate action,<SUP STYLE="font-size:75%; vertical-align:top">30</SUP> but can also understand how climate change is already changing the nature of work, and plan for this. Workers themselves feel the increased temperatures while
laboring outside for eight hours daily or the poor air quality due to increased wildfires. They also understand the solutions needed - for example what mandatory protections will keep them safe - and able to work. By undergoing the consultative
process, Kroger can better understand and address the impacts of climate change and needed adaptation to support the agricultural workforce to ensure resilience and dignity. </P>
<P STYLE="margin-top:14pt; margin-bottom:0pt; font-size:11pt; font-family:ARIAL">An increasing number of food companies have acknowledged the importance of a just and equitable transition, and have emphasized the importance of the agricultural value
chain.<SUP STYLE="font-size:75%; vertical-align:top">31</SUP> There is strong and increasing support for adopting just transition business strategies, worker driven models to execute those strategies, and relevant reporting methodologies, such as
the World Benchmarking Alliance (WBA)&#146;s Just Transition Methodology, which provides a framework for enhanced, comparable, and decision-useful disclosures.<SUP STYLE="font-size:75%; vertical-align:top">32</SUP> Kroger is encouraged to join
existing programs that effectively demonstrate the principles of just transition in action, or to develop a just transition strategy that can support and respond to the increasing risks facing the agricultural supply chain and its workforce.
Currently, 14 of the largest corporations in the U.S., including Walmart, Whole Foods, and Trader Joe&#146;s are Participating Buyers in the Fair Food Program, requiring growers in relevant supply chains to comply with the worker-drafted Code of
Conduct, which includes heat stress protocols.<SUP STYLE="font-size:75%; vertical-align:top">33</SUP> In turn, these Participating Buyers gain unprecedented visibility into labor conditions in their supply chain through a long-term, sustainable
solution.<SUP STYLE="font-size:75%; vertical-align:top">34</SUP> These companies can also confidently assure consumers and shareholders that their supply chain management standards are responsive to worker needs and priorities, including with
respect to ensuring a workplace with dignity and adaptations for the increasing impacts of climate change. As Kroger updates its climate goals and works to and ensure its business and </P>
 <p STYLE="margin-top:0pt;margin-bottom:0pt ; font-size:8pt">&nbsp;</P> <P STYLE="margin-top:0pt; margin-bottom:0pt; font-size:12pt; font-family:ARIAL" ALIGN="center">5 </P>


<p style="margin-top:1em; margin-bottom:0em; page-break-before:always"> </p>
<HR SIZE="3" style="COLOR:#999999" WIDTH="100%" ALIGN="CENTER">

 <P STYLE="margin-top:0pt; margin-bottom:0pt; font-size:11pt; font-family:ARIAL">
supply chain are resilient to thrive for the long-term, it would be well served to undertake a just transition strategy focused on protecting the workers in its agricultural supply chain. </P>
<P STYLE="margin-top:14pt; margin-bottom:0pt; font-size:11pt; font-family:ARIAL"><B>Domini urges Kroger shareholders to Vote &#147;FOR&#148; Proposal No.&nbsp;7 on Just Transition Report. </B></P>
<P STYLE="margin-top:18pt; margin-bottom:0pt; font-size:11pt; font-family:ARIAL">Sincerely, </P> <P STYLE="margin-top:14pt; margin-bottom:0pt; font-size:11pt; font-family:ARIAL">Domini Impact Investments LLC </P>
<P STYLE="margin-top:24pt; margin-bottom:0pt; font-size:11pt; font-family:ARIAL">THE FOREGOING INFORMATION MAY BE DISSEMINATED TO SHAREHOLDERS VIA TELEPHONE, U.S. MAIL, <FONT STYLE="white-space:nowrap">E-MAIL,</FONT> 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. </P> <P STYLE="margin-top:14pt; margin-bottom:0pt; font-size:11pt; font-family:ARIAL"><B>THIS IS NOT A PROXY SOLICITATION AND
NO PROXY CARDS WILL BE ACCEPTED BY DOMINI. </B></P> <P STYLE="font-size:32pt;margin-top:0pt;margin-bottom:0pt">&nbsp;</P> <P STYLE="line-height:8.0pt;margin-top:0pt;margin-bottom:2pt;border-bottom:1px solid #000000;width:16%">&nbsp;</P>
<P STYLE="margin-top:3pt; margin-bottom:0pt; font-size:10pt; font-family:ARIAL"><SUP STYLE="font-size:75%; vertical-align:top">1</SUP>&nbsp;
<U><FONT STYLE="white-space:nowrap">https://d18rn0p25nwr6d.cloudfront.net/CIK-0000056873/e6d5ea92-6d3d-477d-9603-7f3c373e2db1.pdf</FONT></U> </P> <P STYLE="margin-top:0pt; margin-bottom:0pt; font-size:10pt; font-family:ARIAL"><SUP
STYLE="font-size:75%; vertical-align:top">2</SUP>&nbsp;<U><FONT STYLE="white-space:nowrap">https://d18rn0p25nwr6d.cloudfront.net/CIK-0000056873/d61364e3-1218-41f2-896a-3bf6cb5b8699.pdf;</FONT></U> <U><FONT STYLE="white-space:nowrap"><FONT
STYLE="white-space:nowrap"><FONT STYLE="white-space:nowrap"><FONT STYLE="white-space:nowrap"><FONT STYLE="white-space:nowrap">https://www.thekrogerco.com/wp-content/uploads/2023/09/Kroger-Co-2023-ESG-Report_Final.pdf.</FONT></FONT></FONT></FONT></FONT>
</U> </P>
<P STYLE="margin-top:0pt; margin-bottom:0pt; font-size:10pt; font-family:ARIAL"><SUP STYLE="font-size:75%; vertical-align:top">3</SUP>&nbsp;<U><FONT STYLE="white-space:nowrap"><FONT STYLE="white-space:nowrap"><FONT STYLE="white-space:nowrap"><FONT
STYLE="white-space:nowrap"><FONT STYLE="white-space:nowrap"><FONT STYLE="white-space:nowrap">https://www.pbs.org/wnet/peril-and-promise/2022/05/farm-workers-exposed-to-climate-change-effects-are-demanding-protections/.</FONT></FONT></FONT></FONT></FONT>
</FONT></U> </P> <P STYLE="margin-top:0pt; margin-bottom:0pt; font-size:10pt; font-family:ARIAL"><SUP STYLE="font-size:75%; vertical-align:top">4</SUP>
<U><FONT STYLE="white-space:nowrap">https://www.edf.org/sites/default/files/2023-07/EDF040_Heat%20Stress_V5.pdf</FONT></U> </P> <P STYLE="margin-top:0pt; margin-bottom:0pt; font-size:10pt; font-family:ARIAL"><SUP
STYLE="font-size:75%; vertical-align:top">5</SUP>&nbsp;<U><FONT STYLE="white-space:nowrap"><FONT STYLE="white-space:nowrap">https://insideclimatenews.org/news/31122023/california-farmworkers-dying-in-the-heat/;</FONT></FONT></U> <U><FONT
STYLE="white-space:nowrap"><FONT STYLE="white-space:nowrap"><FONT STYLE="white-space:nowrap"><FONT STYLE="white-space:nowrap"><FONT STYLE="white-space:nowrap"><FONT STYLE="white-space:nowrap">https://www.bloomberg.com/news/articles/2021-08-12/farmworkers-overheat-on-frontlines-of-climate-change?embedded-checkout=true;
</FONT></FONT></FONT></FONT></FONT></FONT></U> <U>https://www.cdc.gov/extreme-heat/about/?CDC_AAref_Val=</U> <U>https://www.cdc.gov/disasters/extremeheat/heat_guide.html</U> </P>
<P STYLE="margin-top:0pt; margin-bottom:0pt; font-size:10pt; font-family:ARIAL"><SUP STYLE="font-size:75%; vertical-align:top">6</SUP>&nbsp;
<U>https://www.ilo.org/wcmsp5/groups/public/&#151;-dgreports/&#151;-dcomm/&#151;-publ/documents/publication/wcms_711919.pdf</U> </P> <P STYLE="margin-top:0pt; margin-bottom:0pt; font-size:10pt; font-family:ARIAL"><SUP
STYLE="font-size:75%; vertical-align:top">7</SUP>&nbsp;<U>https://www.osha.gov/heat-exposure/standards;</U>
<U><FONT STYLE="white-space:nowrap"><FONT STYLE="white-space:nowrap">https://www.npr.org/2024/04/12/1244316874/florida-blocks-heat-protections-for-workers-right-before-summer</FONT></FONT></U> </P>
<P STYLE="margin-top:0pt; margin-bottom:0pt; font-size:10pt; font-family:ARIAL"><SUP STYLE="font-size:75%; vertical-align:top">8</SUP>&nbsp;
<U>https://nfwm.org/farm-workers/farm-worker-issues/labor-laws/#:~:text=Farm%20workers%20were%2C%20and%20remain,or%20supporting%20a%20labor%20union.</U> </P> <P STYLE="margin-top:0pt; margin-bottom:0pt; font-size:10pt; font-family:ARIAL"><SUP
STYLE="font-size:75%; vertical-align:top">9</SUP>&nbsp;<U>https://digital.lib.washington.edu/researchworks/bitstream/handle/1773/45995/Felder_washington_0250O_21883.pdf?sequence=1&amp;isAllowed=y;</U>
<U>https://www.nytimes.com/interactive/2020/07/23/magazine/climate-migration.html;</U>
<U>https://www.epa.gov/climate-indicators/climate-change-indicators-length-growing-season#:~:text=In%20the%20West%2C%20the%20length,increased%20in%20almost%20every%20state.</U> </P>
<P STYLE="margin-top:0pt; margin-bottom:0pt; font-size:10pt; font-family:ARIAL"><SUP STYLE="font-size:75%; vertical-align:top">10</SUP>&nbsp;
<U><FONT STYLE="white-space:nowrap"><FONT STYLE="white-space:nowrap">https://www.wilsoncenter.org/article/h-2a-program-expands-2023;</FONT></FONT></U> <U>https://www.ers.usda.gov/data-products/chart-gallery/gallery/chart-detail/?chartId=104874.</U>
</P>
<P STYLE="margin-top:0pt; margin-bottom:0pt; font-size:10pt; font-family:ARIAL"><SUP STYLE="font-size:75%; vertical-align:top">11</SUP>&nbsp;
<U><FONT STYLE="white-space:nowrap">https://www.theguardian.com/us-news/2023/aug/28/kroger-worker-dies-heat-temperature#:~:text=A%20Kroger%20distribution%20center%20employee,union%20rebirth%20in%20the%20US%3F.</FONT></U> </P>
<P STYLE="margin-top:0pt; margin-bottom:0pt; font-size:10pt; font-family:ARIAL"><SUP STYLE="font-size:75%; vertical-align:top">12</SUP>&nbsp;<U><FONT STYLE="white-space:nowrap"><FONT STYLE="white-space:nowrap"><FONT STYLE="white-space:nowrap"><FONT
STYLE="white-space:nowrap"><FONT STYLE="white-space:nowrap"><FONT STYLE="white-space:nowrap">https://www.latimes.com/california/story/2021-12-31/u-s-blocks-tomato-shipments-from-mexican-farms-accused-of-abusing-workers;</FONT></FONT></FONT></FONT></FONT>
</FONT></U> <U><FONT STYLE="white-space:nowrap">https://www.dol.gov/newsroom/releases/whd/whd20230202-2;</FONT></U>
<U><FONT STYLE="white-space:nowrap"><FONT STYLE="white-space:nowrap"><FONT STYLE="white-space:nowrap">https://www.levernews.com/how-krogers-merger-push-leads-back-to-alleged-human-trafficker/.</FONT></FONT></FONT></U> </P>
 <p STYLE="margin-top:0pt;margin-bottom:0pt ; font-size:8pt">&nbsp;</P> <P STYLE="margin-top:0pt; margin-bottom:0pt; font-size:12pt; font-family:ARIAL" ALIGN="center">6 </P>


<p style="margin-top:1em; margin-bottom:0em; page-break-before:always"> </p>
<HR SIZE="3" style="COLOR:#999999" WIDTH="100%" ALIGN="CENTER">

 <P STYLE="line-height:3.0pt;margin-top:0pt;margin-bottom:2pt;border-bottom:1px solid #000000">&nbsp;</P> <P STYLE="margin-top:3pt; margin-bottom:0pt; font-size:10pt; font-family:ARIAL"><SUP
STYLE="font-size:75%; vertical-align:top">13</SUP> <U><FONT STYLE="white-space:nowrap"><FONT STYLE="white-space:nowrap">https://www.nytimes.com/2024/02/07/us/child-labor-us-companies.html</FONT></FONT> ;</U> <U> </U></P>
<P STYLE="margin-top:0pt; margin-bottom:0pt; font-size:10pt; font-family:ARIAL"><U>https://www.nytimes.com/2023/12/28/us/migrant-child-labor-audits.html;</U> <U><FONT STYLE="white-space:nowrap"><FONT STYLE="white-space:nowrap"><FONT
STYLE="white-space:nowrap"><FONT STYLE="white-space:nowrap">https://www.msi-integrity.org/not-fit-for-purpose/;</FONT></FONT></FONT></FONT></U>
<U>https://www.theguardian.com/global-development/2023/oct/10/corporate-auditing-foreign-workers-abuse-claims;</U> <U>https://www.sec.gov/Archives/edgar/data/1399069/000119312522160826/d346877dpx14a6g.htm. </U></P>
<P STYLE="margin-top:0pt; margin-bottom:0pt; font-size:10pt; font-family:ARIAL"><SUP STYLE="font-size:75%; vertical-align:top">14</SUP> <U><FONT STYLE="white-space:nowrap"><FONT STYLE="white-space:nowrap"><FONT STYLE="white-space:nowrap"><FONT
STYLE="white-space:nowrap"><FONT STYLE="white-space:nowrap"><FONT STYLE="white-space:nowrap">https://www.thekrogerco.com/wp-content/uploads/2024/01/Kroger-Goal-to-Protect-Pollinators-and-Biodiversity_Jan-2024_Final.pdf</FONT></FONT></FONT></FONT></FONT>
</FONT></U> </P> <P STYLE="margin-top:0pt; margin-bottom:0pt; font-size:10pt; font-family:ARIAL"><SUP STYLE="font-size:75%; vertical-align:top">15</SUP> Kroger Opposition Statement. </P>
<P STYLE="margin-top:0pt; margin-bottom:0pt; font-size:10pt; font-family:ARIAL"><SUP STYLE="font-size:75%; vertical-align:top">16</SUP>
<U><FONT STYLE="white-space:nowrap"><FONT STYLE="white-space:nowrap"><FONT STYLE="white-space:nowrap">https://ciw-online.org/blog/2021/08/relief-from-the-heat/.</FONT></FONT></FONT></U> </P>
<P STYLE="margin-top:0pt; margin-bottom:0pt; font-size:10pt; font-family:ARIAL"><SUP STYLE="font-size:75%; vertical-align:top">17</SUP>
<U><FONT STYLE="white-space:nowrap"><FONT STYLE="white-space:nowrap"><FONT STYLE="white-space:nowrap">https://grist.org/agriculture/how-florida-farm-workers-are-protecting-themselves-from-extreme-heat/.</FONT></FONT></FONT></U> </P>
<P STYLE="margin-top:0pt; margin-bottom:0pt; font-size:10pt; font-family:ARIAL"><SUP STYLE="font-size:75%; vertical-align:top">18</SUP>
<U><FONT STYLE="white-space:nowrap"><FONT STYLE="white-space:nowrap"><FONT STYLE="white-space:nowrap">https://ciw-online.org/blog/2021/08/relief-from-the-heat/.</FONT></FONT></FONT></U> </P>
<P STYLE="margin-top:0pt; margin-bottom:0pt; font-size:10pt; font-family:ARIAL"><SUP STYLE="font-size:75%; vertical-align:top">19</SUP>
<U>https://www.washingtonpost.com/climate-solutions/interactive/2024/farmworker-heat-safety-fair-food-program/.</U> </P>
<P STYLE="margin-top:0pt; margin-bottom:0pt; font-size:10pt; font-family:ARIAL"><SUP STYLE="font-size:75%; vertical-align:top">20</SUP>
<U>https://www.americanbar.org/groups/labor_law/publications/labor_employment_law_news/winter-2023/winter-2023-jones/.</U> </P> <P STYLE="margin-top:0pt; margin-bottom:0pt; font-size:10pt; font-family:ARIAL"><SUP
STYLE="font-size:75%; vertical-align:top">21</SUP>&nbsp;<U><FONT STYLE="white-space:nowrap">https://www.cnn.com/2017/05/30/world/ciw-fair-food-program-freedom-project/index.html.</FONT></U> </P>
<P STYLE="margin-top:0pt; margin-bottom:0pt; font-size:10pt; font-family:ARIAL"><SUP STYLE="font-size:75%; vertical-align:top">22</SUP> <U><FONT STYLE="white-space:nowrap"><FONT STYLE="white-space:nowrap"><FONT STYLE="white-space:nowrap"><FONT
STYLE="white-space:nowrap"><FONT STYLE="white-space:nowrap">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.</FONT></FONT></FONT></FONT></FONT></U> </P>
<P STYLE="margin-top:0pt; margin-bottom:0pt; font-size:10pt; font-family:ARIAL"><SUP STYLE="font-size:75%; vertical-align:top">23</SUP>&nbsp;
<U>https://static1.squarespace.com/static/6055c0601c885456ba8c962a/t/61d5d71907ef68040bbc8602/1641404186331/ReStructureLab_InvestmentPatternsandLeverage_November2021.pdf;</U>
<U><FONT STYLE="white-space:nowrap">https://www.cbp.gov/sites/default/files/assets/documents/2021-Aug/CBP%202021%20VTW%20FAQs%20%28Forced%20Labor%29.pdf;</FONT></U> <U><FONT STYLE="white-space:nowrap"><FONT STYLE="white-space:nowrap"><FONT
STYLE="white-space:nowrap"><FONT STYLE="white-space:nowrap">https://blog.dol.gov/2022/01/13/exposing-the-brutality-of-human-trafficking;</FONT></FONT></FONT></FONT></U> <U>https://rfkhumanrights.org/person/lucas-benitez/;</U> <U> </U></P>
<P STYLE="margin-top:0pt; margin-bottom:0pt; font-size:10pt; font-family:ARIAL"><U>https://wallenberg.umich.edu/medal-recipients/2023-lucas-benitez/.</U> </P> <P STYLE="margin-top:0pt; margin-bottom:0pt; font-size:10pt; font-family:ARIAL"><SUP
STYLE="font-size:75%; vertical-align:top">24</SUP>
<U><FONT STYLE="white-space:nowrap"><FONT STYLE="white-space:nowrap"><FONT STYLE="white-space:nowrap"><FONT STYLE="white-space:nowrap"><FONT STYLE="white-space:nowrap"><FONT STYLE="white-space:nowrap">https://ciw-online.org/blog/2024/02/compass-group-and-foodbuy-visit-immokalee-as-the-fair-food-programs-rapid-expansion-continues/
</FONT></FONT></FONT></FONT></FONT></FONT></U> </P> <P STYLE="margin-top:0pt; margin-bottom:0pt; font-size:10pt; font-family:ARIAL"><SUP STYLE="font-size:75%; vertical-align:top">25</SUP>
<U>https://www.ams.usda.gov/sites/default/files/media/FLSP_NFO.pdf</U> Page 10 </P> <P STYLE="margin-top:0pt; margin-bottom:0pt; font-size:10pt; font-family:ARIAL"><SUP STYLE="font-size:75%; vertical-align:top">26</SUP> <U><FONT
STYLE="white-space:nowrap"><FONT STYLE="white-space:nowrap"><FONT STYLE="white-space:nowrap"><FONT STYLE="white-space:nowrap"><FONT STYLE="white-space:nowrap">https://www.fox4now.com/immokalee/the-coalition-of-immokalee-workers-fair-food-program-expands-across-u-s
</FONT></FONT></FONT></FONT></FONT></U> </P> <P STYLE="margin-top:0pt; margin-bottom:0pt; font-size:10pt; font-family:ARIAL"><SUP STYLE="font-size:75%; vertical-align:top">27</SUP>
<U><FONT STYLE="white-space:nowrap">https://www.edf.org/sites/default/files/2023-07/EDF040_Heat%20Stress_V5.pdf</FONT></U> </P> <P STYLE="margin-top:0pt; margin-bottom:0pt; font-size:10pt; font-family:ARIAL"><SUP
STYLE="font-size:75%; vertical-align:top">28</SUP> <U>https://www.nytimes.com/2019/03/07/business/economy/wendys-farm-workers-tomatoes.html;</U> <U> </U></P>
<P STYLE="margin-top:0pt; margin-bottom:0pt; font-size:10pt; font-family:ARIAL"><U>https://static1.squarespace.com/static/65c2f2ed09018c18af46b6b9/t/65d3a6dd57562a1ded011c85/1708369632138/Boot+the+Braids+Victories.pdf;</U> <U><FONT
STYLE="white-space:nowrap">https://assets.ceres.org/sites/default/files/reports/2023-01/Ceres%20US%20Food%20Sector%20Climate%20Transition%20Plans%20Report.pdf</FONT></U> </P>
<P STYLE="margin-top:0pt; margin-bottom:0pt; font-size:10pt; font-family:ARIAL"><SUP STYLE="font-size:75%; vertical-align:top">29</SUP>
<U>https://www.ilo.org/sites/default/files/wcmsp5/groups/public/@ed_emp/@emp_ent/documents/publication/wcms_432859.pdf</U> </P> <P STYLE="margin-top:0pt; margin-bottom:0pt; font-size:10pt; font-family:ARIAL"><SUP
STYLE="font-size:75%; vertical-align:top">30</SUP>
<U><FONT STYLE="white-space:nowrap"><FONT STYLE="white-space:nowrap"><FONT STYLE="white-space:nowrap"><FONT STYLE="white-space:nowrap"><FONT STYLE="white-space:nowrap"><FONT STYLE="white-space:nowrap"><FONT STYLE="white-space:nowrap"><FONT
STYLE="white-space:nowrap"><FONT STYLE="white-space:nowrap"><FONT STYLE="white-space:nowrap"><FONT STYLE="white-space:nowrap"><FONT STYLE="white-space:nowrap">https://www.theguardian.com/environment/2024/feb/02/why-are-farmers-protesting-across-the-eu-and-what-can-the-bloc-do-about-it;
</FONT></FONT></FONT></FONT></FONT></FONT></FONT></FONT></FONT></FONT></FONT></FONT></U>
<U><FONT STYLE="white-space:nowrap"><FONT STYLE="white-space:nowrap"><FONT STYLE="white-space:nowrap">https://www.eesc.europa.eu/en/our-work/opinions-information-reports/opinions/just-transition-ensure-sustainable-future-eu-agri-food-systems</FONT></FONT>
</FONT></U> </P> <P STYLE="margin-top:0pt; margin-bottom:0pt; font-size:10pt; font-family:ARIAL"><SUP STYLE="font-size:75%; vertical-align:top">31</SUP>
<U>https://www.unilever.com/files/92ui5egz/production/2a44a1a76f4899f09a2d745ccdd86d0b65185eb5.pdf;</U> <U> </U></P>
<P STYLE="margin-top:0pt; margin-bottom:0pt; font-size:10pt; font-family:ARIAL"><U><FONT STYLE="white-space:nowrap">https://www.nestle.com/stories/a-just-transition-mark-schneider-regenerative-agriculture</FONT></U> </P>
<P STYLE="margin-top:0pt; margin-bottom:0pt; font-size:10pt; font-family:ARIAL"><SUP STYLE="font-size:75%; vertical-align:top">32</SUP>
<U><FONT STYLE="white-space:nowrap"><FONT STYLE="white-space:nowrap"><FONT STYLE="white-space:nowrap">https://www.climateaction100.org/news/a-need-for-robust-just-transition-planning/;</FONT></FONT></FONT></U> <U> </U></P>
<P STYLE="margin-top:0pt; margin-bottom:0pt; font-size:10pt; font-family:ARIAL"><U>https://www.worldbenchmarkingalliance.org/just-transition/</U> </P> <P STYLE="margin-top:0pt; margin-bottom:0pt; font-size:10pt; font-family:ARIAL"><SUP
STYLE="font-size:75%; vertical-align:top">33</SUP> <U>https://fairfoodprogram.org/buyers/</U> </P> <P STYLE="margin-top:0pt; margin-bottom:0pt; font-size:10pt; font-family:ARIAL"><SUP STYLE="font-size:75%; vertical-align:top">34</SUP> <U><FONT
STYLE="white-space:nowrap"><FONT STYLE="white-space:nowrap">https://media.wholefoodsmarket.com/whole-foods-market-expands-partnership-with-coalition-of-immokalee-workers/</FONT></FONT></U> </P>
 <p STYLE="margin-top:0pt;margin-bottom:0pt ; font-size:8pt">&nbsp;</P> <P STYLE="margin-top:0pt; margin-bottom:0pt; font-size:12pt; font-family:ARIAL" ALIGN="center">7 </P>

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end
</TEXT>
</DOCUMENT>
</SEC-DOCUMENT>
