Say on Pay Results as of June 18

So far 2,067 companies have held Say on Pay votes in 2012.

• On average, companies have received  
  • 89.1% ‘For’ vote
  • 9.2% ‘Against’ vote
  • 1.7% Abstentions
• 50 companies have failed with an average 61.7% ‘Against’ vote
  • 4 companies have failed both this year’s and last year’s votes
    • Hercules Offshore, Inc.
    • Kilroy Realty Corp.
    • Nabors Industries Ltd.
    • Tutor Perini Corp.
  • One company, Insite Vision, Inc., received more ‘For’ than ‘Against’ votes, but the company did not approve the proposal (less than 49% ‘For’ votes)