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Trillium Successfully Withdraws Political Spending Shareholder Proposal at KSU

MARCH 9, 2015: Trillium Asset Management (Trillium) is pleased to announce that we have withdrawn our shareholder proposal with Kansas City Southern (NYSE: KSU), following the company’s commitment to provide strong reporting of its political spending, both direct and indirect.

Kansas City Southern has made a public commitment to inform the trade associations that it belongs to that the company’s membership dues are not to be used for political purposes. Additionally, KSU’s policy will not allow corporate funds to be used for, or provide corporate contributions to support, 527 independent expenditure groups, Super PACs, or 501(c)(4) organizations.

“Providing this kind of transparency and clarity will contribute to the integrity of the Kansas City Southern’s governance structure and policy engagements,” said Jonas Kron, Senior Vice President of Trillium. “Political spending transparency also bolsters the legitimacy of the democratic process. As we look to our elected representatives to make sound public policy that benefits people and the economy, this type of transparency is vital”.

The Center for Political Accountability assists Trillium in our engagements with companies on political spending transparency issues and we are grateful for their support.

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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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