Company: ELV
Filing Date: 2025-04-14
Form Type: PX14A6G
Source: 0001214659-25-005850
Chunk: 5

Company: Elevance Health, Inc.
Filing Date: 2025-04-14
Form: PX14A6G
Chunk 5
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 In| Shareholder Proposal Requesting a Report on Effectiveness of Efforts to Create a Meritocratic Workplace |

Companies in the health sector that release more diversity and inclusion
data than Elevance include, but are not limited to Cardinal Health, The Cigna Group, Thermo Fisher Scientific, Illumina, and Humana.

CONCLUSION

Vote “Yes” on this Shareholder Proposal 4.A ‘Yes’
vote supports enhanced transparency by Elevance that addresses a significant disclosure gap. Elevance currently lags healthcare sector
peers in providing diversity metrics. The requested data on hiring, promotion, and retention rates will give investors crucial information
to evaluate the company’s DEI effectiveness and the likelihood that it will achieve the financial benefits of a diverse workforce.

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For questions, please contact Meredith Benton, As You Sow, benton@whistlestop.capital

THE FOREGOING INFORMATION MAY BE DISSEMINATED TO SHAREHOLDERS VIA TELEPHONE,
U.S. MAIL, E-MAIL, CERTAIN WEBSITES AND CERTAIN SOCIAL MEDIA VENUES, AND SHOULD NOT BE CONSTRUED AS INVESTMENT ADVICE OR AS A SOLICITATION
OF AUTHORITY TO VOTE YOUR PROXY. THE COST OF DISSEMINATING THE FOREGOING INFORMATION TO SHAREHOLDERS IS BEING BORNE ENTIRELY BY ONE OR
MORE OF THE CO-FILERS. PROXY CARDS WILL NOT BE ACCEPTED BY ANY CO-FILER. PLEASE DO NOT SEND YOUR PROXY TO ANY CO-FILER. TO VOTE YOUR PROXY,
PLEASE FOLLOW THE INSTRUCTIONS ON YOUR PROXY CARD.

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