Shearman & Sterling LLP Shareholder Proposals | 57
77%
47%
72%
54%
70%
76%
68%
55%
68%
61%
65%
71%
2013 2014
Average Level of Support for Management Proposals
The average level of support for
management proposals related to
corporate governance in 2014 was
generally lower than the average level
of support in 2013. The results for
management proposals have been
calculated as a percentage of shares
outstanding based on the publicly
available information closest to the
record date of the meeting.
Declassify the Board
2014: 1 Proposal
2013: 5 Proposals
Director Elections
by Majority Vote
2014: 1 Proposal
2013: 2 Proposals
Shareholder Action by
Written Consent
2014: 1 Proposal
2013: 2 Proposals
Removal of Supermajority
Voting Requirement
2014: 2 Proposals
2013: 5 Proposals
Proxy Access
2014: 1 Proposal
2013: 1 Proposal
Poison Pill
Related Proposals
2014: 2 Proposals
2013: No Proposal
Calling Special Meeting
2014: 3 Proposals
2013: No Proposal
% of "For" Votes Out of Shares Outstanding
