Dominion Energy, Inc.’s political activities may exacerbate existing systemic racial inequities. Financial, reputational, and legal risks related to the Company’s political activities could also adversely affect shareholder value. Despite Dominion Energy’s commitment to addressing racial inequality, the Company was found to be one of the top corporate contributors to lawmakers supporting voter suppression bills (https://bit.ly/3bpL5dv). These bills disproportionately disenfranchise Black, Indigenous and People of Color Americans (https://nyti.ms/3BrqWyr). The Company was also one of the top contributors to the RSLC, which in the run up to the 2020 elections focused on its right lines campaign, zeroing in on redistricting efforts. These efforts have been deemed by Mother Jones Magazine the major driving force behind political resegregation. (https://bit.ly/328fhZj) According to the Center for Political Accountability, gerrymandering undertaken by these organizations was racially driven, diluting Black and Brown voters’ power at the ballot box. (https://bit.ly/30EIomA) As the Financial Times notes, the gerrymandering or redrawing of voting maps has supported the systemic economic oppression of African Americans. (https://on.ft. com/3x3zquX) Corporate political activity that is inconsistent with racial equity poses a systemic risk to economic stability and introduces uncertainty and volatility into investment portfolios. As a recent Citi GPS: Global Perspectives & Solutions study found, closing racial gaps is a pareto improvement to both the U.S. economy and society. If racial gaps had been closed 20 years ago, U.S. GDP could have benefited by an estimated $16 trillion (http://citi. us/3gNyDWS). Misalignment poses potential financial risks. According to Public Citizen, Dominion is one of the top corporate contributors to politicians supporting voter suppression bills in Virginia. (https://bit.ly/3kLcRGJ). Several major corporations have already faced boycotts for failing to strongly oppose voter suppression bills. Political activity that contributes to the further restriction and criminalization of voting access contributes to economic instability. It has been shown that voting access has a direct impact on social and economic racial gaps with greater voting access correlated to improvements in a variety of economic factors. By aligning its political activity with its stated commitment to social justice and equality and its support for efforts intended to address the fundamental causes of systemic racism, including voter suppression, Dominion Energy can mitigate risk and contribute positively to long-term shareholder value.