We’ve posted the transcript from our recent webcast – “ISS Policy Updates and Key Issues for 2026.” ISS’s Marc Goldstein provided a recap of what transpired during the 2025 proxy season, discussed the proxy advisor’s recent policy updates and shared thoughts on some issues companies will face in the 2026 proxy season. Davis Polk’s Ning Chiu & Jasper Street Partners’ Rob Main joined the dialogue with Marc and shared their key themes for 2025 and tips for navigating 2026. They discussed:

– The factors driving director opposition
– When ISS might support a DExit proposal
– The change to ISS’s policy regarding responsiveness when support for Say-on-Pay was low the prior year
– The expected impact of the change from three to five years in part of ISS’s quantitative evaluation of a company’s pay program
– When ISS considers security spend levels to be an “outlier” and the supporting disclosure the proxy advisor looks for
– ISS’s case-by-case approach to E&S proposals
– Thoughts on popular governance proposal topics
– ISS’s FAQ on the omission of a shareholder proposal in the absence of no-action relief
– Plans to continue its benchmark policy

Members of TheCorporateCounsel.net can access the transcript of this program. If you are not a member, email info@ccrcorp.com to sign up today and get access to the full transcript – or call us at 800.737.1271.

– Meredith Ervine