Corporate Governance

2022 Corporate Governance and Executive Compensation Survey - 20th Annual

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Shearman & Sterling LLP Introduction | 4 Does the Company's Corporate Governance Guidelines State a "Social Purpose" as Being Important to the Company?** Yes 84 3 79 59 Assist in creating long-term value for various stakeholders of the company (employees, customers, suppliers, communities, public at large) Create long-term value in an ethical and socially responsible manner Refers to a specific social purpose (corporate responsibility, sustainability, human rights, global community and social impact and diversity and inclusion, etc.) Description of Social Purpose: **Some companies included more than one description of social purpose. Out of 92 companies, 8 companies have not filed their proxy as of August 31, 2022 3 59 We hope you enjoy our 2022 Corporate Governance Survey (our 20th Annual). Throughout this Survey, we provide insights on specific topics of interest in the current environment, including practical advice for boards and management. Across all topics our goal is to provide an overview of the current corporate governance landscape and to identify best practices. In addition to the insights articles, the Survey consists of a review of key governance characteristics of the Top 100 Companies, which we define as the 100 largest companies that have securities listed on the NYSE or Nasdaq, measured by market capitalization and revenue. A list of the Top 100 Companies can be found in "The Survey" section at the end of this publication. The 2022 Survey was produced under the leadership of the following Shearman & Sterling attorneys: Richard B. Alsop Lara Aryani Matthew H. Behrens George A. Casey Emily Leitch Doreen E. Lilienfeld Daniel Litowitz Ilya Mamin Karen Mann Gillian Emmett Moldowan Lona Nallengara Scott D. Petepiece Stella Sun

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