<SEC-DOCUMENT>0001214659-22-005416.txt : 20220419
<SEC-HEADER>0001214659-22-005416.hdr.sgml : 20220419
<ACCEPTANCE-DATETIME>20220419094111
ACCESSION NUMBER:		0001214659-22-005416
CONFORMED SUBMISSION TYPE:	PX14A6G
PUBLIC DOCUMENT COUNT:		1
FILED AS OF DATE:		20220419
DATE AS OF CHANGE:		20220419
EFFECTIVENESS DATE:		20220419

SUBJECT COMPANY:	

	COMPANY DATA:	
		COMPANY CONFORMED NAME:			CHARTER COMMUNICATIONS, INC. /MO/
		CENTRAL INDEX KEY:			0001091667
		STANDARD INDUSTRIAL CLASSIFICATION:	CABLE & OTHER PAY TELEVISION SERVICES [4841]
		IRS NUMBER:				841496755
		FISCAL YEAR END:			1231

	FILING VALUES:
		FORM TYPE:		PX14A6G
		SEC ACT:		1934 Act
		SEC FILE NUMBER:	001-33664
		FILM NUMBER:		22833632

	BUSINESS ADDRESS:	
		STREET 1:		400 ATLANTIC STREET
		CITY:			STAMFORD
		STATE:			CT
		ZIP:			06901
		BUSINESS PHONE:		203-905-7800

	MAIL ADDRESS:	
		STREET 1:		400 ATLANTIC STREET
		CITY:			STAMFORD
		STATE:			CT
		ZIP:			06901

	FORMER COMPANY:	
		FORMER CONFORMED NAME:	CHARTER COMMUNICATIONS INC /MO/
		DATE OF NAME CHANGE:	19990723

FILED BY:		

	COMPANY DATA:	
		COMPANY CONFORMED NAME:			Reproductive Health Investor Alliance INC.
		CENTRAL INDEX KEY:			0001854466
		IRS NUMBER:				830828013
		STATE OF INCORPORATION:			DE
		FISCAL YEAR END:			1231

	FILING VALUES:
		FORM TYPE:		PX14A6G

	BUSINESS ADDRESS:	
		STREET 1:		47 KEARNY ST. SUITE 600
		CITY:			SAN FRANCISCO
		STATE:			CA
		ZIP:			94108
		BUSINESS PHONE:		(619) 540-5896

	MAIL ADDRESS:	
		STREET 1:		47 KEARNY ST. SUITE 600
		CITY:			SAN FRANCISCO
		STATE:			CA
		ZIP:			94108
</SEC-HEADER>
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<P STYLE="margin: 0">&nbsp;</P>

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<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">United States Securities and Exchange Commission<BR>
Washington, D.C. 20549</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>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">Notice of Exempt Solicitation Pursuant to Rule 14a-103</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 the Registrant: Charter Communications<BR>
Name of persons relying on exemption:&nbsp;Handlery Hotels, Inc.<BR>
Address of persons relying on exemption: &#8453; Rhia Ventures, 47 Kearny Street, San Francisco, CA</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">Written materials are submitted pursuant to Rule 14a-6(g)(1) promulgated
under the Securities Exchange Act of 1934.&nbsp;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: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: bold 10pt Times New Roman, Times, Serif; margin: 0pt 0; background-color: #B8CCE4"><B>&nbsp;</B></P>

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

<P STYLE="font: bold 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: center">Charter Communications<BR>
Vote Yes: Item # 5 &ndash; Stockholder Proposal Regarding Political and Electioneering Expenditure Congruency Report</P>

<P STYLE="font: bold 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: center">Annual Meeting: April 26, 2022</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; text-align: center"><B>CONTACT: Shelley Alpern| shelley&lt;at&gt;rhiaventures.org</B></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"><B>&nbsp;</B></P>

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

<P STYLE="font: bold 10pt Times New Roman, Times, Serif; margin: 0pt 0; background-color: #B8CCE4">RESOLVED CLAUSE &amp;
SUPPORTING STATEMENT</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"><B>Resolved</B>: Shareholders request that Charter publish an annual
report, at reasonable expense, analyzing the congruency of political, lobbying, and electioneering expenditures during the preceding year
against publicly stated company values and policies, listing and explaining any instances of incongruent expenditures, and stating whether
the identified incongruencies have led to a change in future expenditures or contributions.</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"><B>Supporting Statement</B>: Proponents recommend that such report
also contain management's analysis of risks to our company's brand, reputation, or shareholder value of expenditures in conflict with
organizational priorities. &ldquo;Expenditures for electioneering communications&quot; means spending, from the corporate treasury and
from the PACs, directly or through a third party, at any time during the year, on printed, internet or broadcast communications, which
are reasonably susceptible to interpretation as in support of or opposition to a specific candidate. This proposal aligns with the standards
and procedures set forth in the Center for Political Accountability&rsquo;s Model Code of Conduct.</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">The full text is available on the Company&rsquo;s proxy statement
(https://bit.ly/3viBLSb<FONT STYLE="color: Black">)</FONT>.</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>

<P STYLE="font: bold 10pt Times New Roman, Times, Serif; margin: 0pt 0; background-color: #B8CCE4">RATIONALE FOR A YES
VOTE</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">This communication has been prepared and submitted by Rhia Ventures
on behalf of the proponent of this proposal, Handlery Hotels, Inc. Rhia Ventures has been authorized to represent Handlery Hotels, Inc.
on matters related to this proposal.</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"></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">The proponent has filed this proposal because many of Charter&rsquo;s
politically focused expenditures appear to be misaligned with its public statements of company values. Incongruences observed include
the following.</P>

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

<TABLE CELLPADDING="0" CELLSPACING="0" WIDTH="100%" STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt"><TR STYLE="vertical-align: top">
<TD STYLE="width: 0"></TD><TD STYLE="width: 0.25in">1.</TD><TD>Although the Company has a stated commitment to diversity and inclusion, Charter has supported politicians promoting legislation that
would disproportionately weaken access to the ballot for people of color.</TD></TR></TABLE>

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


<TABLE CELLPADDING="0" CELLSPACING="0" WIDTH="100%" STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt"><TR STYLE="vertical-align: top">
<TD STYLE="width: 0"></TD><TD STYLE="width: 0.25in">2.</TD><TD>Despite a stated commitment to diversity and inclusion, most of Charter&rsquo;s political spending contributions in 2020 went to recipients
working to restrict women&rsquo;s reproductive health options.</TD></TR></TABLE>

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

<TABLE CELLPADDING="0" CELLSPACING="0" WIDTH="100%" STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt"><TR STYLE="vertical-align: top">
<TD STYLE="width: 0"></TD><TD STYLE="width: 0.25in">3.</TD><TD>Despite committing to a stated greenhouse gas emissions reduction target, Charter has supported politicians and organizations holding
back climate progress.</TD></TR></TABLE>

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

<TABLE CELLPADDING="0" CELLSPACING="0" WIDTH="100%" STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt"><TR STYLE="vertical-align: top">
<TD STYLE="width: 0"></TD><TD STYLE="width: 0.25in">4.</TD><TD>Inconsistencies in Charter&rsquo;s stated values and its political contributions can pose risk to the company.</TD></TR></TABLE>

<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: bold 10pt Times New Roman, Times, Serif; margin: 0pt 0; background-color: #B8CCE4">DISCUSSION</P>

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

<TABLE CELLPADDING="0" CELLSPACING="0" WIDTH="100%" STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt"><TR STYLE="vertical-align: top">
<TD STYLE="width: 0"></TD><TD STYLE="width: 0.25in"><B>1.</B></TD><TD><B>Despite a stated commitment to diversity and inclusion, Charter has supported politicians seeking to weaken voting rights. </B></TD></TR></TABLE>

<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">Charter has clearly stated its position on diversity and inclusion.
Charter&rsquo;s 2021 ESG Report states, &ldquo;We approach diversity and inclusion holistically to support our commercial strategy and
continued business success. Our diversity and inclusion strategy is built around five pillars &ndash; our people, a culture of inclusion,
products and services, suppliers, and our community.&rdquo; For example, Charter points to examples such as partnerships with historically
Black colleges and universities and scholarships awarded to &ldquo;underrepresented rising juniors in college,&rdquo; employee resource
and affinity groups, and agreements with &ldquo;ethnically-targeted networks&rdquo; (<FONT STYLE="color: black">https://corporate.charter.com/esg-report.pdf</FONT><FONT STYLE="font-size: 10pt">).</FONT></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">Some of the Company&rsquo;s political giving, actions, and affiliations
contrast starkly with these values. For example, Charter donated $252,000 to the Republican Governors Association and $274,000 to the
Republican State Leadership Committee (RSLC) in 2018; $178,000 to RSLC in 2019; and $368,000 to RSLC, $10,000 to a sponsor of a restrictive
Florida voting bill, and $25,000 to the Associated Republicans of Texas Campaign (ARTC). The investigative journalism site Popular Information
found that RSLC has publicly supported country-wide voter suppression efforts (&ldquo;GM said it was a champion for voting rights, sent
125K to GOP group pushing voter suppression,&rdquo; Popular.Info, August 5, 2021 at <FONT STYLE="color: black">https://popular.info/p/gm-said-it-was-a-champion-for-voting?s=r</FONT><FONT STYLE="font-size: 10pt">)
</FONT>and the ARTC contributed to the sponsor of the Texas bill attempting to purge voters (<I>Corporate Enablers</I>, Center for Political
Accountability, 2021 at <FONT STYLE="color: black">https://bit.ly/3JBD83F</FONT>). In total, Charter contributed over $1.1 million over
the course of 2018-2020 to efforts supporting voter suppression which disproportionately impacts people of color and those with disabilities.
These political contributions directly undermine the very diversity and inclusion strategy meant for its employees, clients, suppliers,
and community members (<I>Corporate Enablers</I>, Center for Political Accountability, 2021 at <FONT STYLE="color: black">https://bit.ly/3JBD83F).</FONT></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"></P>

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

<TABLE CELLPADDING="0" CELLSPACING="0" WIDTH="100%" STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt"><TR STYLE="vertical-align: top">
<TD STYLE="width: 0"></TD><TD STYLE="width: 0.25in"><B>2.</B></TD><TD><B>Despite a stated commitment to inclusion, Charter continues to support legislation limiting women&rsquo;s reproductive health options.</B></TD></TR></TABLE>

<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">Charter has stated that it is &ldquo;committed to diversity and inclusion
in every aspect of our business. Given our focus on diversity and inclusion&hellip;.We are striving to enhance diversity at every level
of our organization, including among our senior leaders. Ultimately, our vision is to leverage the full diversity of our employees and
partners as we continue to make a meaningful difference for our customers, company, and communities.&rdquo; (Charter Communications 2021
proxy statement at <FONT STYLE="color: black">https://bit.ly/3viBLSb</FONT>.)</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">Yet according to public data analyzed by the Sustainable Investments
Institute, Charter contributed $3.78 million to anti-choice politicians in 2021 -- 62% of the company&rsquo;s total political donations.
(Data available upon request.) Policies that restrict access to abortion negatively impact the talent pipeline; women who cannot access
abortion are three times more likely to leave the workforce than women who were able to access abortion when needed (https://bit.ly/37qrmMw).</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">Of the $3.78 million, $218,000 went directly to the sponsors of two
extreme bills enacted in Texas in 2021: the notorious SB 8, which allows bounty hunters to enforce a 6-week abortion ban, and HB1280,
a &ldquo;trigger&rdquo; bill which will impose an abortion ban if Roe is overturned. (No link available; data available upon request.)
Texas&rsquo; SB 8 not only undercuts the Company&rsquo;s commitment to diversity and inclusion by interfering with employees&rsquo; health
and safety, it may expose individual employees and the Company to being sued by bounty hunters, with financial implications.</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">For its support of politicians and organizations working to restrict
access to abortion, Charter has been targeted by advocacy groups using tactics such as TV ads, digital ads and social media campaigns
(see &ldquo;Companies Who Donated to Co-Sponsors of the Texas Abortion Bill Revealed,&rdquo; Newsweek, September 7, 2021, <FONT STYLE="color: black">https://www.newsweek.com/texas-abortion-law-companies-donations-1626691</FONT>).</P>

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

<TABLE CELLPADDING="0" CELLSPACING="0" WIDTH="100%" STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt"><TR STYLE="vertical-align: top">
<TD STYLE="width: 0"></TD><TD STYLE="width: 0.25in"><B>3.</B></TD><TD><B>Despite a stated climate commitment, Charter has supported politicians and organizations holding back climate progress.</B></TD></TR></TABLE>

<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">Charter has a stated goal of becoming carbon neutral with respect to
its Scope 1 and 2 greenhouse gas emissions by 2035, while reducing Scope 3 emissions.</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">Charter&rsquo;s political spending is at odds with these actions. A
Bloomberg analysis found that between the 2018 midterms and October 2020, for every dollar Charter contributed to climate-friendly members
of Congress, it donated over two dollars to members characterized as &ldquo;ardent obstructionists&rdquo; of proactive climate policy
<FONT STYLE="font-size: 10pt">(</FONT>&ldquo;American Politicians Who Vote Against Climate Get More Corporate Cash,&rdquo; Bloomberg,
10.23.20, at <FONT STYLE="color: black">https://bloom.bg/37BbDKg</FONT>).</P>

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

<TABLE CELLPADDING="0" CELLSPACING="0" WIDTH="100%" STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt"><TR STYLE="vertical-align: top">
<TD STYLE="width: 0"></TD><TD STYLE="width: 0.25in"><B>4.</B></TD><TD><B>Inconsistencies in Charter&rsquo;s stated values and its political contributions can pose risk to the company</B></TD></TR></TABLE>

<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">Inconsistency can pose significant risk to corporate reputation, brand,
and market share by leaving companies vulnerable to charges of hypocrisy or indifference to the environment or the social welfare of their
employees or the communities in which they operate. A recent survey of 2,200 global executives worldwide noted the following:</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"></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 49.5pt 0pt 40.5pt">Corporate reputation is an invaluable asset with appreciable
impact on a company&rsquo;s bottom line. On average, global executives attribute 63% of their company&rsquo;s market value to their company&rsquo;s
overall reputation.</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">(<I>The State of Corporate Reputation in 2020: Everything Matters Now,</I>
Weber Shandwick and KRC</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">Research, 2020, <FONT STYLE="color: black">https://bit.ly/3rabGRw</FONT>.)</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">The Conference Board&rsquo;s new report, <I>Under a Microscope: A New
Era of Scrutiny for Corporate Political Activity</I> affirms these observations:</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 49.5pt 0pt 45pt">Especially in today&rsquo;s environment, companies are
vulnerable to reputational risk if their political activity is perceived to be in contrast with their core values&hellip;.Indeed, some
companies have been accused of hypocrisy as a result of their political spending. These unintended controversial contributions can harm
a company&rsquo;s relationship with its customers, employees, and communities, and thereby have a negative impact on the bottom line.</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 49.5pt 0pt 45pt">&hellip;.[C]ompanies that have not yet done so should
consider adopting a purpose statement and ensuring that their contributions to support political candidates or to pursue public policies
are informed by and consistent with their purpose.</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 49.5pt 0pt 45pt">(https://bit.ly/3vhRuRK.)</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 49.5pt 0pt 0"><U>Disney as an illustrative example of investors&rsquo;
concerns</U></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 49.5pt 0pt 0">The Walt Disney Company&rsquo;s unintentional association
with the &ldquo;Don&rsquo;t Say Gay&rdquo; Bill in Florida illustrates investors&rsquo; concerns. Disney had contributed funds to the
sponsors of this bill, which limits discussion of sexual orientation and gender identity in elementary schools using language so vague
that it could potentially chill any acknowledgement that differences in sexual orientation or gender identity exist. The company initially
declined to comment on the legislation and this lack of action led to &ldquo;widespread disappointment across the company among LGBTQ+
employees and allies&rdquo; (See &ldquo;After &lsquo;Don&rsquo;t Say Gay&rsquo; Bill Backlash, Disney CEO Expresses &lsquo;Unwavering
Support&rsquo; for LGBTQ Community,&rdquo; Variety, March 7, 2022, <FONT STYLE="color: black">https://bit.ly/3vjfgww</FONT>). The company
then changed course, with the company&rsquo;s CEO, Bob Chapek, taking a strong, public, stance against the bill and pledging $5 million
to the Human Rights Campaign and other LGBTQ rights organizations.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 49.5pt 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 49.5pt 0pt 0">By this time, however, the damage had been done. Abigail Disney, granddaughter
of one of Disney&rsquo;s founders, called out the company&rsquo;s mismanagement on Twitter (https://bit.ly/3JxJfpK), the Human Rights
Campaign refused Disney&rsquo;s contribution (https://bit.ly/3KHS4P3), and consumers turned away from the brand (&ldquo;'I let you down':
Disney CEO apologizes for 'Don't Say Gay' bill response,&rdquo; USA Today, March 10, 2022 at <FONT STYLE="color: black">https://bit.ly/379Uwzy</FONT>).
Mr. Chapek&rsquo;s ability to govern effectively was also undermined. As a Disney employee told Variety, &ldquo;The scene across Disney
is very grim right now but Disney employees have never been more united in thought and effort, including mid- and high-level managers
and executives who are starting to separate themselves from Chapek&rdquo; (https://bit.ly/3uMPUIF).</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 49.5pt 0pt 0">&nbsp;</P>

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<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">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 49.5pt 0pt 0">Disney continues to attempt to undo the harm caused by the
lack of corporate oversight and proactive management of the company&rsquo;s political contributions. It has now paused its political contributions
in Florida and has said it will be pushing back against similar &ldquo;Don&rsquo;t Say Gay&rdquo; legislation rising in other states.
It is also now working to create a lobbying program that, in the words of CEO Chapek, &ldquo;better reflects our values&rdquo; (&ldquo;Disney
CEO Bob Chapek Apologizes to LGBTQ Employees, Announces Pause for Political Donations in Florida,&rdquo; Variety, March 11, 2022, <FONT STYLE="color: black">https://bit.ly/3KHB3Ey</FONT>).</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 49.5pt 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 49.5pt 0pt 0">The Proponents are seeking assurance that Charter has an
effective strategy in place to avoid similar missteps. As noted above, the Company has already been singled out for its political donations
to recipients working to restrict access to abortion care.</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>

<P STYLE="font: bold 10pt Times New Roman, Times, Serif; margin: 0pt 0; background-color: #B8CCE4">CONCLUSION</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">A &ldquo;Yes&rdquo; vote is warranted. For all the reasons above,
we believe that the requested report will motivate Charter Communications to monitor its political expenditures so that they do not erode
shareholder value by diminishing the company&rsquo;s reputation, consumer loyalty, brand, values, and corporate responsibility initiatives.</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"><B>Vote &ldquo;Yes&rdquo; on this Shareholder Proposal 5.</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"><B><I>--</I></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"><I>For questions, please contact Shelley Alpern at shelley&lt;at&gt;rhiaventures.org.</I></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">THE FOREGOING INFORMATION MAY BE DISSEMINATED TO SHAREHOLDERS VIA TELEPHONE,
U.S. MAIL, E-MAIL, 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 FILER
OF THIS SOLICITATION. PROXY CARDS WILL NOT BE ACCEPTED. TO VOTE YOUR PROXY, PLEASE FOLLOW THE INSTRUCTIONS ON YOUR PROXY CARD.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; color: #201F1E">&nbsp;</P>

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

<P STYLE="text-align: right; font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">5</P>

<P STYLE="margin: 0"></P>

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