Western Union 2015 Annual Report Download - page 91

NOTICE OF 2016 ANNUAL MEETING OF STOCKHOLDERS AND PROXY STATEMENT
2016 Proxy Statement | 73
PROPOSAL 4 STOCKHOLDER PROPOSAL REGARDING POLITICAL CONTRIBUTIONS DISCLOSURE
Given all of the above, we believe that this proposal is unnecessary, costly and largely duplicative of current reporting
systems and accountability measures. We believe that participating in the political process in a transparent manner
is key to good governance and an important way to enhance stockholder value and promote healthy corporate
citizenship. We do not believe, however, that implementing a semiannual report on our political activity would increase
stockholder value or provide stockholders with any more meaningful information than is already available. If adopted,
the proposal would apply only to Western Union and to no other company and would cause Western Union to incur
undue costs and administrative burdens without commensurate benefit to our stockholders.
Required Vote; Recommendation Only
The affirmative vote of the holders of a majority of shares of the Company’s Common Stock present in person
or represented by proxy at the Annual Meeting and entitled to vote on the subject matter is required to approve this
Proposal 4. Stockholders should be aware that this stockholder proposal is simply a request that the Board take the action
stated in the proposal. Approval of this proposal may not result in the requested action being taken by the Board, and
therefore, its approval would not effectuate the actions requested by the proposal.
THE BOARD OF DIRECTORS RECOMMENDS THAT YOU VOTE AGAINST PROPOSAL 4.