Corporate Governance

2023 Corporate Governance Survey

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Shearman & Sterling LLP 81 | Director Skill Set Skills, Experiences and Characteristics Identified as Important in Selection of Directors Technology and cybersecurity (combined) Technology (only) Cybersecurity (only) Leadership/current or former CEO experience Financial and/or accounting expertise Industry knowledge/experience Global/International experience Diversity Legal, government and regulatory compliance Risk management Marketing and brand management Climate/Environment Public company board experience Business development, corporate transactions and strategic planning/M&A experience Corporate governance Ethics, integrity and character Human capital management Academia 95 91 91 81 75 62 52 49 15 56 48 37 85 44 The recent SEC rulemaking related to cybersecurity disclosures did not include a requirement to identify cybersecurity-related experience of directors, but we expect the pressure to identify this expertise for companies where this risk is more acute to continue. 34 43 17 24

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