Corporate Governance

Corporate Governance and Exec Compensation 2021

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Shearman & Sterling LLP 43 | Women in Leadership FAST FACTS Age Men Age Women Women in the Boardroom Women held approximately 32% of the total number of board seats at the Top 100 Companies in 2021, up from 30% in 2020. The number of Top 100 Companies with a board comprised of 30% or more women rose from 53 companies to 58 companies over the past year. 23 of the Top 100 Companies have a board with 40% or more women members, up from 13 in 2020. Gender Diversity on the Board (% of women on the board) Average Age and Tenure The average age and tenure of female directors is less than male directors 63.2 60.8 8.9 years 6.2 years Less than 15% 15% – 19% 20% – 24% 25% – 29% 30% – 34% 35% – 39% 40% – 49% 50% or more 6 9 11 26 20 1 Tenure Tenure Women in Leadership Data Women in the C-Suite at the Top 100 Companies 6 6 served as the CEO served as board chair served as the CFO served as the general counsel company has both a female CEO and a female CFO 16 1 36 24 3 All of the Top 100 Companies had at least one woman on the board.

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