Companies that failed Say on Pay in 2016

As of December 31, 2016:

• 2,925 companies held Say on Pay votes in 2016
• 47 companies (1.6%) have failed with an average 57% ‘Against’ vote
  
  • 18 have failed votes in previous years
  • • 11 failed in 2015
  • 36 companies had negative 1-year total shareholder returns