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Going Beyond: Season Preview

2023 U.S. Proxy Season Review

The leading development of the 2023 U.S. annual meeting season was the disappointing results seen
by shareholder activists on their environmental, social and governance (ESG) proposals, continuing a downward trend from two years ago (see Table 1). This has led some market observers to speculate that 2021 may have been the high-water mark for ESG resolutions.

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