Corporate Governance

Corporate Governance and Exec Compensation 2021

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Shearman & Sterling LLP 39 | Board Diversity The most commonly identified categories of board diversity continue to be gender/gender identity, which decreased slightly from 93 companies in 2020 to 92 companies in 2021, and race/ethnicity, which increased from 89 companies in 2020 to 91 companies in 2021. These changes likely reflect a change in the composition of companies included in the Top 100 Companies. Various other categories that were presented included age, the cultural background of directors, such as national origin, citizenship and place of birth and tenure. Tenure Age Background (Culture) 2019 2020 2021 Gender/Gender Identity Race/Ethnicity Others 16 41 21 32 9 9 1 Global experience Skills Perspective/viewpoints Place of birth Education Sexual orientation Military service 75 93 91 56 89 33 4 47 44 10 40 32 3 8 92

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