Company: BRK-A
Filing Date: 2025-03-14
Form Type: DEF 14A
Source: 0001193125-25-054877
Chunk: 34

Company: BERKSHIRE HATHAWAY INC
Filing Date: 2025-03-14
Form: DEF 14A
Chunk 34
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 that diversity, equity, and inclusion (DEI) challenges are being well managed at Berkshire companies. Studies have shown that employees often face discrimination in hiring and promotion as a result of their gender or race. 39Warren Buffett spoke to this at Berkshire’s 2023 annual meeting, stating that “if [I] had been born Black, a woman, or in a different country [I] wouldn’t nearly [have] enjoyed the same type of life [I] have].” 31 https://techcrunch.com/2024/07/29/dei-backlash-stay-up-to-date-on-the-latest-legal-and-corporate-challenges/ 32 https://www.cnbc.com/2023/12/22/google-meta-other-tech-giants-cut-dei-programs-in-2023.html 33 https://www.businessinsider.com/microsoft-layoffs-dei-leader-email-2024-7; https://www.bloomberg.com/news/articles/2024-02-06/zoom-dei-workers-fired-in-recent-round-of-job-cuts 34https://x.com/harleydavidson/status/1825564138032234994 35 https://www.foxnews.com/lifestyle/jack-daniels-renounces-woke-agenda-latest-iconic-us-brand-bring-sanity-back-business 36https://x.com/JohnDeere/status/1813318977650847944 37https://corporate.tractorsupply.com/newsroom/news-releases/news-releases-details/2024/Tractor-Supply-Company-Statement/default.aspx 38 https://www.washingtonexaminer.com/news/3183349/andi-dei-crusader-robby-starbuck-predicts-rout-big-business-trump-wins/ 39 https://www.bloomberg.com/opinion/features/2024-07-29/white-men-the-most-likely-to-get-hired-even-with-dei-finds-research; https://mitsloan.mit.edu/ideas-made-to-matter/women-are-less-likely-men-to-be-promoted-heres-one-reason-why 17

Effective DEI programs are linked to significant benefits in financial performance, innovation, risk management, and reputation.

| • |     | McKinsey studies have consistently found that companies with greater diversity in corporate leadership are more likely to outperform peers on profitability. |

| • |     | A review of over 1,600 companies found statistically significant positive correlations