Company: BRK-A
Filing Date: 2025-03-14
Form Type: DEF 14A
Source: 0001193125-25-054877
Chunk: 27

Company: BERKSHIRE HATHAWAY INC
Filing Date: 2025-03-14
Form: DEF 14A
Chunk 27
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bongeneration are prudent. Reliability and affordability are among the primary factors considered in such a determination. Berkshire Hathaway Energy’s operating companies provide low-costcompetitive electricity rates for their customers, consistent with their utility commissions’ approvals. For example, MidAmerican Energy, a national leader in the deployment of wind generation, had average rates that were 42% lower than the U.S. national average in 2023. Berkshire Hathaway Energy annually reports to investors and makes publicly available detailed information on its environmental and financial performance (see: https://www.berkshirehathaway.com/bhenergy/BHE2024InvestPresent.pdf) and reports its greenhouse gas emissions from its U.S.-based operating companies (see: https://www.brkenergy.com/esg-sustainability/governance).Berkshire Hathaway Energy also files reports with the U.S. Securities and Exchange Commission that detail the key aspects of its business. The Board does not believe the additional reporting requested will provide beneficial information to shareholders. Accordingly, the Board recommends that our shareholders vote against this proposal. Proxies given without instruction will be voted AGAINST this shareholder proposal.

| 3. | SHAREHOLDER PROPOSAL |

Jing Zhao, owner of shares of Berkshire Common Stock with a value in excess of $2,000 for at least three years intends to present for action the following proposal. Resolved: stockholders recommend that Berkshire Hathaway (our Company) improve the executive compensation program to include the factor of the highest NEO’s pay ratio. Supporting Statement The Economic Policy Institute found that “from 1978–2023, top CEO compensation shot up 1,085%, compared with a 24% increase in a typical worker’s compensation.” 12America’s ballooning executive compensation is not sustainable for the economy, and there is no rational methodology to decide the executive compensation, particularly because there is no consideration of the CEO pay ratio. The increase of disparity of income has a direct negative impact on American social disorder. The CEO pay ratios of big Japanese and European companies are about the same level of the CEO pay ratios of big American companies in the late 1970s and early 1980s. The American corporate boards and executives have become a class of oligarchy, as defined by Aristotle, according to his _ Politics_. In this great classic, Aristotle demonstrated that in a stable community (polis), the ratio of the rich citizen’s land to the poor citizen’s land should not be over 5 to 1. Our Company did not reveal