2015 Say on Pay Voting Results

As of December 31, 2015

• 2,905 companies held Say on Pay votes in 2015
• 70 companies have failed with an average 60% ‘Against’ vote
• 71% of companies have received a greater than 90% ‘For’ vote
• Average vote among all companies
  • 90% ‘For’ vote
  • 9% ‘Against’ vote
  • 1% Abstain