On April 3, 2023, The Home Depot Inc. announced that it has received shareholder proposal from The American Conservative Values ETF requesting the board of directors encourage a Senior Management Commitment at the Company to avoid supporting or taking a public position on any controversial social or political issues (collectively political speech), without having previously, comprehensively and without bias justified by action on the basis of underlying business strategy, exigencies and priorities .Further, The Home Depot Inc. stated that the board recommended shareholders to vote against the proposal at the annual meeting of shareholders to be held on May 18, 2023.