On March 29, 2024, Ford Motor Company announced that it has received a shareholder proposal from John Chevedden requesting Board take steps to ensure that all of the Company?s outstanding stock has an equal one-vote per share in each voting situation. This would encompass all practicable steps including encouragement and negotiation with current and future shareholders, who have more than one vote per share, to request that such shareholders relinquish, for the common good of all shareholders, any preexisting rights, if necessary. In addition, the board has recommended shareholders to vote against this proposal at the 2024 Annual Meeting to be held on May 9, 2024.