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ARTICLE · 16 FEBRUARY 2016

Outlook For The 2016 Proxy Season

In preparing for the 2016 proxy season, you should be aware of some regulatory changes and institutional investor guidance that may impact disclosure to and interactions with your shareholders.

CanadaCorporate/Commercial Law

In preparing for the 2016 proxy season, you should be aware of some regulatory changes and institutional investor guidance that may impact disclosure to and interactions with your shareholders. This update highlights what is new in the 2016 proxy season.

What's New in Institutional Investor Commentary

Glass Lewis & Co. (Glass Lewis) and Institutional Shareholder Services (ISS), two companies that advise institutional investors on how to vote at shareholder meetings, have each released Canadian guidelines for the 2016 proxy season. We provide the following highlights from these guidelines.

Director "Overboarding"

Director "overboarding" is considered to occur when an individual is appointed as a director to an excessive number of boards.

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