2016 Say on Pay Voting Results

As of December 31, 2016:

• 2,925 companies held Say on Pay votes in 2016
• 47 companies have failed with an average 57% ‘Against’ vote
• 71% of companies have received a greater than 90% ‘For’ vote
• Average vote among all companies
  • 90.0% ‘For’ vote
  • 8.7% ‘Against’ vote
  • 1.3% Abstain