EGC Corporate Governance Practices (May 2018)

EGC Corporate Governance Practices: A Survey and Related Resources PAGE 18 Figure 27 : N=848. Minimum Equity Ownership Three of the issuers had a minimum equity ownership requirement for directors and officers. Board Compensation and Indemnification 587 of the 848 companies, or approximately 69.2%, provided for cash compensation to be paid to board members. 47 of the 848 companies, or approximately 5.5%, indicated that they had not yet determined the compensation package for board members, and 214 of the 848 companies, or approximately 25.2%, indicated that they did not provide for cash compensation to be paid to board members. Approximately 61.2% of the 587 companies that provided for cash compensation to be paid to board members also provided for supplemental cash compensation to be paid to board members for membership on committees or attendance at board or committee meetings. Approximately 74.5% of the 587 companies that provided for cash compensation to be paid to board members also provided for supplemental cash compensation for committee chairs. Yes; 10 No; 838 Mandatory Retirement Age for Directors (By Frequency) Yes No