Public disclosure of political spending Marsh McLennan discloses its lobbying activities and the resources it spends advocating for clients, colleagues and our businesses. • Marsh McLennan files public reports every quarter with the US Congress and state and local lobbying regulatory bodies disclosing our lobbying activities. At the federal level, these reports disclose Marsh McLennan’s lobbying activities and the amounts spent by Marsh McLennan on those activities. Our reports are available at lobbyingdisclosure.house.gov. • The colleague political action committee files public disclosure reports with the Federal Election Commission, in accordance with applicable laws. • In Europe, Marsh McLennan is in the EU Transparency Register, a voluntary register whereby companies engaging with European policy makers agree to a code of conduct. As a registrant, Marsh McLennan also discloses the budget for lobbying activities and its areas of interest. Budgetary and ethical restrictions on political actions Marsh McLennan does not use corporate funds for independent political expenditures in support of or opposition to any candidate for office. The Company Colleague Political Action Committee has a policy in place to monitor and restrict payments to state trade associations whose primary purpose is lobbying activity. The Marsh McLennan Political Action Committee (PAC) Further, it is our policy that Marsh McLennan does not engage in the following is a non-partisan, US federal political action committee that kinds of political conduct: receives voluntary contributions from, and is operated by, our colleagues. The PAC provides the Government Relations team • Directly paying for independent advertising or public communications that with important opportunities to build relationships with federal expressly support or oppose a federal political candidate lawmakers, but does not use corporate funds to make political contributions. • Communicating its view on specific candidates The PAC has its own governance structure, including an Advisory • Communicating a view on whether a candidate’s voting record is in line with Committee and bylaws, which are available at marshmclennan. the company’s view on issues com. The PAC’s Advisory Committee is composed of senior business managers who approve the PAC’s budget and contributions. • Establishing a federal political action committee (PAC) in order to engage in so-called “independent expenditures” Overview Environment Social Governance Appendix 2022 ESG REPORT 58
2022 ESG Report | Succeeding Together Page 57 Page 59