Issue link: https://digital.shearman.com/i/1019978
EXECUTIVE PERQUISITES Shearman & Sterling LLP 104 | Executive Perquisites EXECUTIVE PERQUISITES of the Top 100 Companies disclosed that they provide tax gross-ups on some or on all perks provided to executives, and 15 of the Top 100 Companies disclosed above-market or preferential earnings on non- qualified deferred compensation 16 of the Top 100 Companies provide executive perquisites, and personal use of corporate aircraft continues to be the most commonly offered perk 95 WHO IS ENTITLED TO PERSONAL USE OF CORPORATE AIRCRAFT? Matching charitable contributions Tickets to sporting or entertainment events Enhanced products or services Personal use of club memberships Perk allowance Legal fees 17 2 6 2 2 6 Personal use of aircraft Financial planning/tax preparation Automobile/ parking/ car and driver Home or personal security Executive physical Supplemental life or disability insurance 70 49 33 36 11 4 50 35 55 37 • Twenty-two of the Top 100 Companies required executives to reimburse the company for all or a portion of their personal aircraft usage • In many instances, personal usage is limited to availability and requires approval by the CEO All NEOs CEO CFO Other NEO