SHAREHOLDERPROPOSALS ITEM5—SHAREHOLDERPROPOSALREQUESTINGAREPORTONRETIREMENTPLAN OPTIONS BeginningofShareholderProposalandStatementofSupport: WHEREAS:ShareholdersapplaudAmazonforadoptingambitiousoperationalclimategoals: • Amazoncommited[sic]toachievenet-zerocarbonemissionsby2040.Includingtopoweroperationswith100% 1 renewable energy by 2025. • ShipmentZero: The company’s vision is to make all Amazon shipments net zero carbon, delivering 50% of shipments with net zero carbon by 2030.”2 Recent actions include ordering a fleet of 100,000 electric delivery vehicles. • CommitmenttoaddressUNSustainableDevelopmentGoal13onClimateAction. While the Company has made significant efforts to address climate change across its operations, data from Securities and ExchangeCommission(SEC)filings demonstrates misalignment between the Company’s sustainability goals and investment options offered through the Amazon 401(k) Plan. Every investment fund offered by the Amazon retirement plan, including the default option (holding 52% of employee investments), contains major oil and gas, fossil-fired utilities, coal, pipelines, oil field services, or companies in the agribusiness sector with deforestation risk. Arecent scorecard, produced by investor representative As You Sow, shows that the Amazon retirement plan default option 3 is rated poor due to significant investments in fossil fuel companies and companies with deforestation risk. Amazon’sretirement plan currently offers no diversified equity funds that are low carbon, defined as intentionally avoiding investmentsinfossil fuels companies, companies with deforestation risk, and companies with high carbon emissions. It offers only one fund screened for environmental/social impact. As a result of these limited options, the vast majority of the $12.8 billion employee retirement dollars invested through the 4 Amazon401(k)PlanasofDecember2020 wasinvestedinfundsratedpoorlyoncarbonemissions. Amazon’sinvestment in high carbon companies through its retirement plan choices directly contradicts the climate reduction actions it has committed to take in its operations, creating cognitive dissonance and reputational risk. This may also make it more difficult to retain employees who are increasingly concerned about catastrophic climate impacts. Amazon 5 EmployeesforClimate Justice staged a walk-out to publicly criticize the Company’s contribution to climate change. The climate impact of continuing to choose high carbon retirement plan investments options over low carbon choices raises red flags for the Company’s reputation. 2022ProxyStatement 29