Company Announcements

Opponents Call Proposal “Part of an Israel-Focused Pressure Campaign” that Challenges Israel’s Right to Protect its Citizens and Seeks to Undermine its Security

Also Cite Concerns That Proposal “Risks Material Harm” to Company’s Defense Business and Shareholder Value

NEW YORK--(BUSINESS WIRE)--Mar. 30, 2026-- JLens, a Registered Investment Advisor that empowers investors to align their capital with Jewish values, along with ADL (the Anti-Defamation League), today called upon shareholders of GE Aerospace (NYSE: GE) (“GE” or “the Company”) to vote AGAINST a shareholder proposal that could harm GE's defense business and undermine Israel's ability to protect its citizens.

ADL and JLens note that Proposal 7 is expected to be submitted to a shareholder vote at the GE Aerospace annual meeting on May 5, 2026. The proposal is largely centered on a criticism of GE Aerospace’s provision of products to the Israel Defense Forces (IDF), which the proponent alleges were used in violation of “international law, including war crimes and crimes against humanity." It calls for the Company to commission an independent third-party report on, “the due diligence process GE Aerospace (GE) uses to determine if customers’ use of its defense-related products, components, or systems contribute to human rights harms or violations of international humanitarian law (IHL) in conflict-affected and high-risk areas (CAHRA).” The Board of Directors of GE Aerospace has recommended that the Company’s shareholders vote AGAINST Proposal 7.

"While Proposal 7 purports to be motivated by a concern for human rights, it is fundamentally discriminatory — applying special scrutiny to Israel that is not applied to any other country where GE operates," said Jonathan A. Greenblatt, CEO and National Director of ADL. "This is really just another tactic of the Boycott, Divestment, and Sanctions (BDS) movement, whose goal is to delegitimize Israel and undermine its right to protect its citizens by depriving it of vital defense-related technology."

JLens has published a Proxy Memorandum describing its opposition to the GE Aerospace shareholder proposal. ADL and JLens recommend that GE’s shareholders vote AGAINST Proposal 7 for the following reasons:

• Proposal 7 reflects a pattern of Israel-focused shareholder advocacy. The proposal reflects a broader pattern of using human rights frameworks to single out Israel and pressure companies to reduce or end their lawful defense relationships with Israel.
• Proposal 7 could harm GE Aerospace and shareholder value by creating pressure on lawful defense relationships authorized through U.S. government processes while introducing additional reporting burdens and reputational controversy.
• Foreign military sales decisions are made by the U.S. government — not GE Aerospace. Export-control and foreign-policy frameworks determine which countries receive defense equipment, meaning the proposal focuses on matters largely governed by federal oversight.

"Shareholders have every right to raise governance concerns. However, this proposal isn’t about improving governance, it’s about importing a political agenda into the boardroom by leveraging the shareholder proposal process. Singling out Israel's defense relationships for special scrutiny, while ignoring comparable relationships with dozens of other countries, is not a human rights framework. It is a pressure campaign. We urge GE Aerospace shareholders to vote AGAINST Proposal 7," said Ari Hoffnung, Managing Director of JLens.

About ADL

ADL is the leading anti-hate organization in the world. Founded in 1913 to protect the Jewish people, ADL works to stop the defamation of the Jewish people and secure justice and fair treatment to all. In the face of rising antisemitism and extremism, we protect, advocate, and educate, through a mix of programs and services using the latest innovations and technology, and seek to create a world without hate. More at www.adl.org.

About JLens

Founded in 2012, JLens is a 501(c)(3) nonprofit and Registered Investment Advisor that empowers investors to align their capital with Jewish values and advocates for Jewish communal priorities in the corporate arena. JLens’ Jewish Investor Network is composed of over 35 Jewish institutions, representing $12 billion in communal capital. In 2022, JLens established an affiliation with ADL (Anti-Defamation League), the leading anti-hate organization in the world. More at www.jlensnetwork.org.

PLEASE NOTE: THIS IS NOT A PROXY SOLICITATION AND NO PROXY CARDS WILL BE ACCEPTED. The Anti-Defamation League and JLens are not asking for your proxy card and cannot accept your proxy card. Please DO NOT send us your proxy card.

View source version on businesswire.com: https://www.businesswire.com/news/home/20260330806715/en/

Media Contacts:

JLens
Dukas Linden Public Relations
JLens@dlpr.com

ADL
Jessica Cohen
929-618-6393
adlmedia@adl.org

Source: JLens