On March 20, 2024, The Williams Companies Inc announced that it has filed a definitive proxy statement with Securities and Exchange Commission stating that it has received a shareholder proposal from Vermont Pension Investment Commission requesting that the Company issue a report assessing corporate policy options to go beyond its existing efforts to curtail its impact on climate change from its venting and flaring and from upstream venting and flaring that are attributable to or influenced by Williams? midstream activities. The report should be made public, omit proprietary information, and be prepared expeditiously at reasonable cost.

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 April 30, 2024.