Company: GOOGL
Filing Date: 2025-04-29
Form Type: PX14A6G
Source: 0001214659-25-006528
Chunk: 8

Company: Alphabet Inc.
Filing Date: 2025-04-29
Form: PX14A6G
Chunk 8
---

call on Alphabet to issue a climate transition plan, many of the elements investors seek are found in transition plan guidance such as
the UK’s Transition Plan Taskforce Disclosure Framework, which was created to be the gold standard of transition
plan disclosure. Reporting to that framework, or similar guidance, could help satisfy the request of the Proposal.

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44
https://www.fsb.org/2025/01/the-relevance-of-transition-plans-for-financial-stability/

45
https://www.ibanet.org/Understanding-climate-transition-plans

46
https://www.ey.com/content/dam/ey-unified-site/ey-com/en-gl/insights/climate-change-sustainability-services/documents/ey-gl-global-climate-action-barometer-11-2024.pdf?trk=public_post_comment-text#page=4.10

47
https://www.ifrs.org/content/dam/ifrs/knowledge-hub/resources/tpt/disclosure-framework-oct-2023.pdf

48
https://www.cgi.org.uk/resources/blogs/2024/the-transition-plan-taskforce-disclosure-framework-has-launched-what-should-you-know/#:~:text=The%20government%20launched%20the%20TPT,by%20action%20and%20clear%20deliverables.

<div align='center'>We are not asking for
authority to vote your proxy and no proxy cards will be accepted. Please vote your proxy according to the instructions in Alphabet Inc.’s
proxy statement.</div>

| 8 |

The Dynamic AI Development Environment

We are keenly aware that the race to expand AI capabilities, both in
the U.S. and internationally, is dynamic. The recent release of large language models DeepSeek-V3 and DeepSeek-R1, which sent Alphabet’s,
Meta’s, and AI chipmaker NVIDIA’s stocks tumbling, is a case in point.
More resource efficient, the new DeepSeek models spurred hopes that AI queries could use far less energy. Yet, just as quickly, experts
cited “Jevons Paradox,” an observation by economist William Stanley Jevons that as a resource becomes more efficient, so does
demand for it.
That is, cheaper to run AI models may not alter the steep growth predicted for global electricity demand at all. Therefore, it is critical
that Alphabet not rely on the possibility of more efficient algorithms to solve its growing GHG emissions challenge.

OTHER COMPANIES ARE ALREADY PROVIDING THE