Shareholder Proposal Stats for the Proxy Season

During last week’s webcast, Proxy Analytics’s Steve Pantina shared some stats about how shareholder proposals fared this proxy season. Courtesy of Steve, here is a 5-page deck with those stats. Some of the highlights include:

• The number of shareholder proposals submitted rose very slightly from 959 in ’22 to 962 in ‘23
• The number of E&S shareholder proposals voted rose to 333 in ’23 from 288 in ‘22
• Average shareholder support for E&S shareholder proposals dropped to 19.9% in ’23 from 28.6% in ’22 (which is a 30% drop in a single year)
• Majority-supported E&S shareholder proposals dropped from 41 in ’22 to 10 in ‘23
• The number of anti-E&S shareholder proposals submitted rose from 55 in ’22 to 96 in ‘23