Company: GOOGL
Filing Date: 2025-04-29
Form Type: PX14A6G
Source: 0001214659-25-006528
Chunk: 10

Company: Alphabet Inc.
Filing Date: 2025-04-29
Form: PX14A6G
Chunk 10
---
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>

| 9 |

| · | Multiple companies provide investor-useful waterfall charts including Ball Corporation,58                                                  
 Levi Strauss,59 Unilever,60                                                                                                                
 General Mills,61 and National Grid62                                                                                                       
 describing the amount of emissions reduction planned per emissions saving measure, such as renewable energy, energy efficiency, and supply 
 chain emissions reduction, by the year their climate targets are due.                                                                      |

We believe these additional disclosures are critical in helping investors
assess how board and management are navigating the business opportunities afforded by the rollout of new AI products with its existing
climate commitments. Indeed, the billions of dollars invested in AI model development, training, and testing, microchips, and the data
centers housing them call for more transparency around Alphabet’s plans rather than less.

Addressing Concerns Raised in Alphabet’s Opposition Statement

In its opposition statement, Alphabet notes that it is already transparent
about the challenges it faces in reaching its climate targets, particularly as they relate to data center energy consumption, supply chain
emissions, and procurement headwinds faced by the clean energy industry. It notes it is pursuing a wide range of opportunities to help
achieve its emissions targets, such as next-generation nuclear energy and enhanced geothermal power.

We acknowledge Alphabet’s history and
reputation as a climate leader and laud the Company’s formidable efforts to tackle the emissions associated with running its extensive
and global business. However, the Proposal simply requests that Alphabet provide additional information about the challenges and uncertainties
it faces in realizing its 2030 targets. Rather than general statements about its uncertainties, we strongly believe, as demonstrated above,
investors and stakeholders would benefit by better understanding the scope and scale of uncertainty surrounding each of its identified
challenges and how that uncertainty translates into real-world impacts on reaching its targets.

_____________________________

58
https://www.ball.com/getattachment/1682b13b-4f76-43ab-a111-733d2d70889f/NET-ZERO-REPORT-2023.pdf#page=15

59
https://www.levistrauss.com/wp-content/uploads/2024/10/Climate-Transition-Plan.pdf#page=13

60
https://www.unilever.com/files/ctap.pdf#page=18

61
General Mills 2024 Climate Transition Action Plan. Pg