Corporate governance fact sheet

Corporate governance information Current 2018 2017 2016 2015 2014
Size of board of directors 12 12 13 13 13 13
Number of independent directors 11 11 12 12 12 12
Annual review of board independence Yes Yes Yes Yes Yes Yes
Separate chairman and CEO No No No No No No
Lead independent director Yes Yes Yes Yes Yes Yes
Board diversity (as to gender, ethnicity, experience and skills) Yes Yes Yes Yes Yes Yes
Independent directors hold meetings without management present Yes Yes Yes Yes Yes Yes
Corporate responsibility and sustainability report Yes Yes No No No No
Board orientation / education program Yes Yes Yes Yes Yes Yes
Corporate governance guidelines Yes Yes Yes Yes Yes Yes
Charters for board committees Yes Yes Yes Yes Yes Yes
Independent audit committee Yes Yes Yes Yes Yes Yes
Financial experts serving on audit committee Yes Yes Yes Yes Yes Yes
Disclosure committee Yes Yes Yes Yes Yes Yes
Independent corporate governance and nominating committee Yes Yes Yes Yes Yes Yes
Independent compensation committee Yes Yes Yes Yes Yes Yes
Independent finance committee Yes Yes Yes Yes N/A N/A
Policy for retention of independent auditors Yes Yes Yes Yes Yes Yes
Disclosure committee for financial reporting Yes Yes Yes Yes Yes Yes
Annual board evaluation required Yes Yes Yes Yes Yes Yes
Majority vote for election of directors Yes Yes Yes Yes Yes Yes
Proxy access bylaws Yes Yes Yes No No No
Shareholder ability to call special meetings Yes Yes No No No No
Shareholder ability to act by written consent No No No No No No
Annual "say on pay" votes on executive compensation Yes Yes Yes Yes Yes Yes
Corporate compliance program Yes Yes Yes Yes Yes Yes
Insider trading policy Yes Yes Yes Yes Yes Yes
Business code of conduct and ethics for directors Yes Yes Yes Yes Yes Yes
Executive compensation clawback policy Yes Yes Yes Yes No No
Independent compensation consultant Yes Yes Yes Yes Yes Yes
Management succession program Yes Yes Yes Yes Yes Yes
Policies on public policy advocacy and political contributions Yes Yes Yes No No No