We are committed to strong and effective corporate governance, an attribute we consider critical to achieving long-term value for our stockholders. Key aspects of our corporate governance framework include:

• Annual election of all directors on our Board of Directors (“Board”)
• Majority voting standard for uncontested director elections
• Strong focus on Board independence:
  • Independent Chair of the Board
  • All directors are independent except our CEO
  • All Board committee members are independent
  • Board meetings almost always include executive sessions where independent directors meet without management or non-independent directors present
• Highly talented, engaged and diverse Board
• Robust stockholder engagement practices
• Proxy access rights for stockholders
• Robust Board oversight and commitment to:
  • Long-term strategic growth plan
  • Financial planning and stewardship
  • Ethics and compliance
  • Sustainability and social responsibility
  • Corporate governance