Advocacy

Pitney Bowes engages in the public policy and political process around the world in a variety of ways, including advising public officials on issues we believe are critical to the success of the borderless world of physical and digital commerce.

Worldwide, public policies are constantly changing. Where these policies impact our business and our clients, we lend an informed and constructive voice through our Government and Regulatory Affairs Team and other technical experts. As a global technology company, with a strong history in the mailing industry and fast-growing ecommerce and digital commerce businesses, we engage on policies related to the postal industry, trade, privacy and other issues.

We are committed to adhering to the highest standards of law and ethics in all that we do, including our advocacy work. Our policies, practices, activities and reporting are designed to support our compliance with applicable laws. We voluntarily report our adherence to these principles for corporate political spending on an annual basis.

Questions regarding these principles should be addressed to Pitney Bowes Government and Regulatory Affairs, 3001 Summer St., Stamford, CT 06926 or to govtaffairs@pb.com.

U.S. Political Spending Governance

The Pitney Bowes Board of Directors Governance Committee, which is composed of outside, independent directors, is responsible for overseeing the company’s political activities, including our policy on political expenditures. The Committee reviews regular reports regarding the company’s contributions to political candidates, committees and political parties, as well as our expenditures to trade associations and other tax-exempt organizations that could be used for political purposes. Additionally, the Committee receives periodic briefings from a senior manager of Global Government and Regulatory Affairs concerning the company’s political activities and spending. Our entire Board of Directors is also briefed on these activities.

In addition to Board oversight, we periodically seek review of our political contribution policies and compliance by independent experts.

The leaders of the Global Government and Regulatory Affairs Team have the primary responsibility for managing our participation in the political process. The team’s leaders report directly to a member of the Pitney Bowes senior management team, who is also a member of the CEO’s Executive Leadership Team.

Our government affairs professionals are responsible for day-to-day decision making on political activities. They recommend memberships and contributions to support various trade organizations and other organizations to support the company’s objectives. These professionals report to the co-leaders of our Global Government and Regulatory Affairs Team, who approve this political spending.

The Pitney Bowes Corporate Contributions Committee is composed of Pitney Bowes senior level managers. This committee oversees and approves all decision making related to corporate contributions to candidates, committees and political parties. The criteria used to determine the candidates and candidate committees Pitney Bowes supports are detailed under Political Spending.

Political Spending in the United States

Pitney Bowes conducts political activities as permitted under applicable laws. In the U.S., we do not contribute corporate funds or make in-kind contributions to candidates for federal office or to national party committees. Our policy on expenditures with corporate funds is reflected in the company’s Code of Conduct, known as our Business Practices Guidelines.

Independent Expenditures: We do not use corporate funds to make any direct independent expenditures or fund electioneering communications on behalf of candidates running for public office.

Ballot Measures: We generally do not currently use corporate funds to support or oppose ballot measures. If a matter with significant impact to our business were on the ballot, any contribution to a campaign for or against the measure would require the approval of the Pitney Bowes Corporate Contributions Committee.

Corporate Political Contributions: We utilize corporate funds to contribute to U.S. state-level candidates, committees, and political parties, in large part because a number of states do not allow the use of a Federal PAC. Our contributions are based on a variety of factors, including the candidate’s or committee’s: views on policy issues that are important to Pitney Bowes; demonstrated leadership or potential for leadership within their party; representation of districts or states where Pitney Bowes has a business presence; service on committees whose actions could affect our business; and, likelihood of election success.

In the U.S., we also use corporate funds to support a small number of organizations of statewide elected and appointed officials and political party convention committees, some of which are known as 527 organizations. Historically, we balance our contributions between the two major political parties, although the amounts may vary from year to year. We do not consult with any of the groups regarding the disbursement of their funds. On our website, twice each year we disclose the aggregate contributions made from corporate funds for such organizations.

We make contributions to support the interests of Pitney Bowes, without regard to the private political interests of company executives, officers or board members. We do not make campaign contributions in anticipation of, in recognition of or in return for an official act.

Trade Association and Other Organization Memberships and Partnerships: Pitney Bowes is a member or partner of several industry, trade and other groups that represent the mailing industry, the technology industry, global ecommerce and the business community at large. We invest in these partnerships in an effort to bring about consensus on policy issues that can impact our business and our clients. Our participation in these groups comes with the understanding that we may not always agree with the positions of the larger organization and/or other members.

Each year, we make reasonable efforts to obtain from member associations the portion of the company’s dues or payments totaling $25,000 or more that were used for non-deductible lobbying and political expenditures under Internal Revenue Code section 162(e). This information is publicly disclosed as required by law as part of a report to the U.S. House of Representatives, which can be found at http://clerk.house.gov/public_disc and the U.S. Senate, which can be found at http://www.senate.gov/legislative/Public_Disclosure/LDA_reports.htm.

We do not plan to request information concerning the contributions made by these groups to others, nor do we plan to condition our membership or sponsorships of organizations on any specific criteria except those which may help to advance our business objectives.

Employee Involvement

We value the right of our employees to participate in the political process in a variety of ways. This participation is a matter of personal choice, though we find that good employees are often active global citizens as well. Employees’ personal political activities should not suggest an endorsement by Pitney Bowes, be conducted during an employee’s scheduled working time or involve the use of any company resources. In addition, we do not reimburse employees, directly or indirectly, for political donations or expenses. These principles are reflected in the company’s Business Practices Guidelines, which is our Code of Conduct.

In the U.S., we provide an opportunity for employees to voluntarily participate in the political process by joining the company’s non-partisan political action committees, the Pitney Bowes PACs. The PACs allow our employees to pool their financial resources to support political candidates, parties and committees to help further the interests of the company.

Pitney Bowes PAC contributions are funded exclusively through voluntary contributions from eligible employees who are U.S. citizens or permanent legal residents. Personal contributions to the Pitney Bowes PACs have no bearing upon an employee’s standing with the company, nor will we take any retaliatory action against an employee who chooses not to contribute.

Senior managers serve on the Political Action Committee, which oversees and approves all PAC contributions to candidates, committees and political parties. The committee determines the recipients of PAC contributions by considering the candidate's or committee's: views on public policy issues that are important to Pitney Bowes; demonstrated leadership or potential for leadership within their party; representation of districts or states where Pitney Bowes has a business presence; service on committees whose actions could affect our business; and, likelihood of election success.

Our PACs make contributions to support the interests of Pitney Bowes without regard to the private political interests of company executives, officers or board members. They do not make contributions in anticipation of, in recognition of, or in return for an official act.

The Pitney Bowes Federal PAC reports its contributions to the Federal Election Commission, which can be found at http://www.fec.gov/, and the New York State PAC reports its contributions to the New York State Elections Commission. The Commission’s website is http://www.elections.ny.gov/INDEX.html. The Pitney Bowes PACs disclose their contributions on the Pitney Bowes website twice a year.

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