RESOLVED Shareholders request Beyond Meat, Inc. (Beyond) issue a report describing the company’s environmental, social, and governance (ESG) policies, performance, and improvement targets and quantitative metrics. This report should be updated annually, be prepared at reasonable cost, and omit proprietary information.

SUPPORTING STATEMENT: Beyond’s value proposition is built in part on its sustainability relative to traditional meat products.1 While we appreciate the Life Cycle Analysis (LCA) conducted on the Beyond Burger, there are a wider set of ESG issues that are material to the company’s performance. Current reporting by our company is limited to the 2018 LCA study and less than 300 words on its website at https://www.beyondmeat.com/about/.

For over a year, we have repeatedly requested additional information on the company’s climate-related risks, supply chain management and agricultural practices, including use of agrochemicals or organic ingredients. We have been disappointed at the company’s failure to reply. All investors would benefit from a clearer understanding of our company’s ESG risks and opportunities.

Tracking and reporting on ESG practices strengthens a company's ability to address controversial policy issues such as reputational risks related to adverse environmental effects to better compete and adapt in today's global business environment. Additionally, it allows companies to better integrate and capture value from existing sustainability efforts, identify gaps and opportunities in policies and practices, enhance company-wide communications, and recruit and retain employees.

Support for sustainability reporting continues to gain momentum: The Governance & Accountability Institute reports 90% of S&P 500 companies2 and 65% of Russell 1000 peers3 engaged in sustainability reporting in 2019. One of the United Nations’ Principles for Responsible Investment (PRI) is to seek “appropriate disclosure on ESG issues”;4 the PRI has more than 3,000 signatories with over $100 trillion in assets under management.5

Guidance could be drawn from existing resources and reporting recommendations such as the Global Reporting Initiative, CDP, and the Sustainability Accounting Standards Board (now the Value Reporting Initiative) in identifying topics to be discussed in this report. These widely accepted platforms suggest topics such as operational environmental impacts, employee health & safety, and supply chain management.

In closing, as shareholders, we believe it is prudent for Beyond to disclose how it is managing its ESG impacts, which can pose significant reputational, legal, regulatory, and financial risk to the company and its shareholders. Without appropriate disclosure, investors and other stakeholders cannot adequately assess how Beyond is managing its material ESG risks and opportunities. Many companies of comparable size issue sustainability reports which help investors understand and manage risks to their capital.

We urge shareholders to vote FOR this proposal.

1 https://www.beyondmeat.com/about/
2 https://www.ga-institute.com/research-reports/flash-reports/2020-sp-500-flash-report.html
3 https://www.ga-institute.com/research-reports/flash-reports/2020-russell-1000-flash-report.html
4 https://www.unpri.org/pri/an-introduction-to-responsible-investment/what-are-the-principles-for-responsible- investment
5 https://dwtyzx6upklss.cloudfront.net/Uploads/g/p/y/globalaumandaoaumexternaluse_110617.xlsx

,

,