Company: GOOGL
Filing Date: 2025-04-25
Form Type: DEF 14A
Source: 0001308179-25-000511
Chunk: 56

Company: Alphabet Inc.
Filing Date: 2025-04-25
Form: DEF 14A
Chunk 56
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 outstanding repurchase authorizations and historical stock repurchase trends, when setting performance metrics for executive compensation awards. This proposal would limit our ability to align our executive compensation arrangements with our overall capital allocation strategy and would unduly restrict our ability to use all tools at our disposal to maximize alignment with our stockholders’ interests. It is unclear how this proposal might even be implemented Among the equity awards we grant, we use performance stock unit awards that will vest, if at all, based on Alphabet’s total shareholder return (TSR) performance relative to the companies comprising the S&P 100 over the applicable performance period, subject to continued employment on the vesting date. The proposal asks that financial performance metrics be adjusted to exclude the impact of share repurchases, but it is unclear how TSR could be adjusted in such a manner given the various factors that may impact share price. How should the company reasonably quantify the impact of stock buybacks on its stock price over a multi-year period? This is further complicated as similar adjustments would presumably need to be made for TSR of the S&P 100 given other companies’ stock repurchases. Our Board believes that the Compensation Committee should retain its flexibility in determining what particular performance metrics to use to best increase stockholder value. The Compensation Committee adjusts its assessments as necessary to stay competitive and attract, retain, and motivate highly-qualified executive officers. Our Board believes that our current executive compensation policies and practices are appropriate and effective, serve the best interests of our stockholders, and advance the objectives of our executive compensation program by driving performance to create long-term stockholder value. Adoption of this proposal would not support those objectives and would not be in the best interests of our stockholders. Required Vote Approval of the stockholder proposal requires the affirmative FOR vote of the holders of a majority of the voting power of Alphabet’s shares of Class A common stock and Class B common stock present or represented by proxy at the Annual Meeting and entitled to vote thereon, voting together as a single class. Unless marked to the contrary, proxies received will be voted AGAINST the stockholder proposal. Alphabet Recommendation

| OUR BOARD OF DIRECTORS RECOMMENDS A VOTE AGAINST THE STOCKHOLDER PROPOSAL. |

Alphabet2025 Proxy Statement 68

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| Proxy Statement 
 Summary &       
 Highlights      | Corporate  
 Governance | Director and 
 Executive    
 Compensation | Audit Matters | Proposals | Q&A |

Proposal Number 5:
Stockholder Proposal Regarding a Report on Charitable Partnerships Bowyer Research, Inc., on