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Trillium Successfully Withdraws Political Spending Transparency Proposal at Hess

March 25, 2014

March 25, 2014: Trillium Asset Management is pleased to announce that following our engagement with Hess Corp. (NYSE: HES) the company has committed to fully disclose its trade association memberships and the other tax exempt organizations which it makes contributions to, as well as the portion of those payments that are used for political activities.   In recognition of this progress, Trillium has withdrawn its 2014 shareholder proposal at Hess. A similar shareholder proposal, filed by Trillium for 2013, received a remarkable 46% of the vote.   We encourage the company to take further steps to strengthen its transparency and …

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Political Contributions Report – Hess Corporation (2013)

November 26, 2012

Resolved, that the shareholders of Hess Corporation (“Hess” or “Company”) hereby request that the Company provide a report, updated semiannually, disclosing the Company’s: Policies and procedures for making, with corporate funds or assets, contributions and expenditures (direct or indirect) to (a) participate or intervene in any political campaign on behalf of (or in opposition to) any candidate for public office, or (b) influence the general public, or any segment thereof, with respect to an election or referendum. Monetary and non-monetary contributions and expenditures (direct and indirect) used in the manner described in section 1 above, including: The identity of the …

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