Corporate Governance

10 Number of Directors
Yes Majority Independent
Yes Audit Committee Members Independent
Yes Compensation and Management Development Committee Members Independent
Yes Nominating and Corporate Governance Committee Members Independent
Yes Independent Lead Director
Yes Non-management Directors meet in executive session without management present
Yes Non-executive Chairman of the Board
Yes Annual election of all directors
Yes Stock ownership requirements for directors
Yes Mandatory retirement age for directors
Yes Annual evaluation of board performance
Yes Annual evaluation of the chief executive officer
Yes Code of Conduct and Ethics for Directors
Yes Code of Ethics for Senior Financial Officials
Yes Standards of Business Conduct and Ethics for employees
Yes Board oversight of ethics programs for directors, senior financial officials and employees
Yes Board oversight of enterprise risk management
Yes Board access to management and outside advisors