On March 22, 2024, The GEO Group Inc announced that it has filed a definitive proxy statement with Securities and Exchange Commission stating that it has received a shareholder proposal from Service Employees International Union Master Trust requesting that shareholders of the Company urge the Board of Directors to oversee an independent third-party racial equity audit analyzing the Company?s adverse impacts on nonwhite stakeholders and communities of color and the Company?s plans to mitigate any such impacts. Input from civil rights organizations, criminal justice experts, and employees should be considered in determining the specific matters to be analyzed. A report on the audit, prepared at reasonable cost and omitting confidential and proprietary information, should be disclosed on GEO?s website.

In addition, the Company urged the shareholders to vote against the shareholder proposal at its annual general meeting of shareholders scheduled to be held on May 3, 2024.