ISS has launched its annual data verification period starting today, November 2nd.  From now until 8pm EST on November 13, companies can review and confirm the data used by ISS for QuickScore and in formulating its research reports that investors obtain to make voting decisions.

QuickScore covers US companies in the S&P 500 and Russell 3000.  Companies that do not have a login already can request one at the email address listed here.

For screening purposes, and not for scoring, QuickScore will now track whether companies permit proxy access, including the following requirements:  (a) the percentage of share holding; (b) the number of years of continuous ownership; (c) the number of shareholders allowed to form a group; and (d) the number or percentage of board seats for proxy access nominations.

Companies should take the opportunity now to correct any errors in the data that ISS uses, which may affect QuickScore and the proxy voting report.  Both companies and ISS have more time currently to engage in updating this information.  During proxy season, it can be difficult to get their attention for all but material errors.

If you have any questions regarding the matters covered in this publication, please reach out to any of the lawyers listed below or your usual Davis Polk contact.

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