Company: BRK-A
Filing Date: 2025-03-14
Form Type: DEF 14A
Source: 0001193125-25-054877
Chunk: 41

Company: BERKSHIRE HATHAWAY INC
Filing Date: 2025-03-14
Form: DEF 14A
Chunk 41
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20and%20Legal%20&,shareholders%20respectively%2C %20have%20said%20they%20will%20support 62 https://www.skadden.com/insights/publications/2024/09/insights-september-2024/developing-and-using-ai 63 https://legal.thomsonreuters.com/blog/the-key-legal-issues-with-gen-ai/ 20

THE BOARD OF DIRECTORS UNANIMOUSLY FAVORS A VOTE AGAINSTTHE PROPOSAL FOR THE FOLLOWING REASONS: Berkshire’s Board recommends a “no” vote on this proposal. The Board does not believe that chartering a new committee of independent directors on Artificial Intelligence is necessary or in the best interests of shareholders. The Board periodically receives updates on the major risks and opportunities of Berkshire’s operating businesses. Berkshire manages its operating businesses on an unusually decentralized basis and has minimal involvement in these businesses’ day-to-dayactivities. The creation of a new, independent Board committee focused on Artificial Intelligence would be inconsistent with Berkshire’s culture and is unnecessary. Consistent with Berkshire’s decentralized management model, Berkshire places the obligation to assess and manage risk on its subsidiaries; the subsidiaries are required to regularly assess and review their individual operations and compliance risks and document an annual risk assessment that captures the compliance risk areas set forth in Berkshire’s Prohibited Business Practices Policy (publicly available at https://berkshirehathaway.com/govern/pbpp-2024dec.pdf). This risk assessment is required to take into consideration the management of emerging risks to ensure compliance with applicable laws. Risks related to the use of new technologies such as Artificial Intelligence are specifically included in the scope of external risks examined by the subsidiaries. Berkshire’s Governance, Compensation and Nominating Committee develops and recommends corporate governance guidelines applicable to the Company and its Audit Committee reviews how the Company assesses and manages the company’s exposure to risk. The Board believes that this governance structure, combined with the risk assessment obligations placed on its subsidiaries related to the use of Artificial Intelligence, provide an appropriate level of oversight at this time and an independent Artificial Intelligence committee is not needed. Accordingly, the Board recommends that our shareholders vote against this proposal. Proxies given without instruction will be voted AGAINST this shareholder proposal.

| 9. | OTHER MATTERS |

As of the date of this statement your management knows of no business to be presented to the meeting that is not referred to in the accompanying notice other than the approval of the minutes