ARTICLE · 30 NOVEMBER 2015

Institutional Shareholder Services Releases Proxy Voting Guidelines For 2016 Meetings

Stikeman Elliott LLP

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On November 20, 2015, Institutional Shareholder Services (ISS) released its 2016 Americas Proxy Voting Guidelines Updates (the Guidelines) for meetings held in 2016.

CanadaCorporate/Commercial Law

Stikeman Elliott LLP

Martin Langlois

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On November 20, 2015, Institutional Shareholder Services (ISS) released its 2016 Americas Proxy Voting Guidelines Updates (the Guidelines) for meetings held in 2016. The Guidelines are a product of ISS' 2015 global policy survey, which solicited the views of investors, companies, and other interested parties with respect to corporate governance issues. Among the topics considered are director overboarding, proxy access, compensation programs and compensation disclosure at externally-managed issuers. As noted below, ISS intends to provide additional information in a "Frequently Asked Questions" document that will be released in December.

Companies subject to ISS' Canadian policy need to be aware of the following changes:

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