The Strategic Organizing Center (SOC), a shareholder of Starbucks Corporation, has issued a statement in response to a report by Institutional Shareholder Services Inc. (ISS) regarding the company's upcoming Annual Meeting of Shareholders scheduled for March 13, 2024. The SOC disagrees with ISS's stance that a change in Starbucks' board is not necessary, citing the company's mishandling of unionization efforts and subsequent reputational damage as reasons for board accountability. Despite acknowledging Starbucks' recent progress towards collective bargaining with Workers United, the SOC insists on the need for independent oversight and has nominated three candidates—Maria Echaveste, Joshua Gotbaum, and Wilma Liebman—to the board. The SOC urges shareholders to vote for these nominees using the BLUE proxy card or the company's White proxy card, and to visit their campaign website for more information. The definitive proxy statement filed by the SOC with the SEC on January 25, 2024, is available for shareholders to review important information, including the nominees' backgrounds and interests.

The Strategic Organizing Center (SOC), a shareholder of Starbucks Corporation, has issued a statement in response to a report by Institutional Shareholder Services Inc. (ISS) regarding the company's upcoming Annual Meeting of Shareholders scheduled for March 13, 2024. The SOC disagrees with ISS's stance that a change in Starbucks' board is not necessary, citing the company's mishandling of unionization efforts and subsequent reputational damage as reasons for board accountability. Despite acknowledging Starbucks' recent progress towards collective bargaining with Workers United, the SOC insists on the need for independent oversight and has nominated three candidates—Maria Echaveste, Joshua Gotbaum, and Wilma Liebman—to the board. The SOC urges shareholders to vote for these nominees using the BLUE proxy card or the company's White proxy card, and to visit their campaign website for more information. The definitive proxy statement filed by the SOC with the SEC on January 25, 2024, is available for shareholders to review important information, including the nominees' backgrounds and interests.