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eBay Declines to Renew Membership in ALEC

December 19, 20014: Trillium Asset Management (Trillium) is pleased to commend eBay, Inc. (NASDAQ:EBAY) for not renewing its membership in the American Legislative Exchange Council (ALEC).

ALEC has been on the forefront of attacks on state renewable energy programs and other legislative efforts to address climate change.

Trillium began engaging eBay on its membership in this organization in January 2014 and is delighted eBay has joined the growing ranks of companies that have dropped their membership in ALEC. Since August alone, Microsoft, Google, Facebook, Yelp, AOL, and Yahoo have abandoned ALEC.

As an investment firm that integrates environmental and social factors into the investment process, Trillium feels strongly that public policy and the markets must take an aggressive strategy to address climate change. This means ambitious greenhouse gas reduction policies, not only by states and the federal government, but also by corporations. American companies have many opportunities to adopt climate change strategies that are good for the climate and good for their bottom line. ALEC continues to be a barrier to public policy and market-based solutions and we are gratified that eBay has chosen this moment to end its membership.

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For More Information: Randy Rice, Trillium Asset Management, 617-515-6889, rrice@trilliuminvest.com

IMPORTANT DISCLOSURE: The views expressed are those of the authors and Trillium Asset Management, LLC as of the date referenced and are subject to change at any time based on market or other conditions. These views are not intended to be a forecast of future events or a guarantee of future results. These views may not be relied upon as investment advice. The information provided in this material should not be considered a recommendation to buy or sell any of the securities mentioned. It should not be assumed that investments in such securities have been or will be profitable. To the extent specific securities are mentioned, they have been selected by the authors on an objective basis to illustrate views expressed in the commentary and do not represent all of the securities purchased, sold or recommended for advisory clients. The information contained herein has been prepared from sources believed reliable but is not guaranteed by us as to its timeliness or accuracy, and is not a complete summary or statement of all available data. This piece is for informational purposes and should not be construed as a research report.

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