Pinnacle West – Climate Change – 2015 (status: 30.8%)

BE IT RESOLVED: That the shareowners of Pinnacle West request the Board authorize the preparation of a report, updated annually, disclosing: (1) Company policy and procedures governing lobbying, both direct and indirect, and grassroots lobbying communications. (2) Payments by Pinnacle West used for (a) direct or indirect lobbying or (b) grassroots lobbying communications, in each case including the amount of the payment and the recipient. (3) Pinnacle West's membership in and payments to any tax-exempt organization that writes and endorses model legislation. Description of the decision making process and oversight by management and the Board for making payments described in sections 2 and 3 above.