March 15, 2013

Survey Results: Shareholder Engagement

Here are the results from our recent survey on shareholder engagement:

1. Before our annual meeting, our company actively seeks engagement with this number of institutional shareholders:
- More than 50 - 0%
- 26-50 - 12%
- 21-25 - 12%
- 10-20 - 12%
- 6-10 - 24%
- 1-5 - 6%
- None - 36%

2. Before our annual meeting, our company has actual engagement with this number of institutional shareholders:
- More than 50 - 0%
- 26-50 - 6%
- 21-25 - 0%
- 10-20 - 12%
- 6-10 - 24%
- 1-5 - 29%
- None - 29%

3. Before our annual meeting, our company typically receives unsolicited requests from this number of institutional investors:
- More than 5 - 0%
- 3-5 - 6%
- 1-2 - 24%
- None - 71%

4. If we receive unsolicited requests from institutional investors for engagement, our company:
- Always will engage with those investors - 60%
- Will engage some of the time with those investors - 33%
- Never will engage with those investors - 7%

Take a moment for our "Quick Survey on Separating 401(k) SPD & Prospectus" and "Quick Survey on End-User Exception for Swaps."

Effective Board Diversity Change: Start with Baby Steps

In this podcast, Sylvia Groves of Governance Studio describes her efforts to diversify boards, including:

- Why do you think a diversity problem still exists in the boardroom?
- What is your "Diversity One Policy" idea?
- How is that better than "pink quotas"?
- How would your idea work in practice?

Mailed: January-February Issue of "The Corporate Executive"

We have mailed the January-February Issue of The Corporate Executive, and it includes pieces on:

- A Heads Up: IRS Comments on Excess Withholding
- Automatic Exercise at Expiration: Has the Time Come?
- Option Expiring When the Market Is Closed

Act Now: Get this issue rushed to when you try a 2013 No-Risk Trial to The Corporate Executive.

- Broc Romanek