This edition of the Proxy Voting Fact Sheet contains a snapshot of the most relevant proxy season data for Russell 3000 companies that held annual general meetings (AGMs) between January 1 and February 29, 2012. The analysis includes:

• Annual general meeting volume.
• Shareholder proposal volume, topics, sponsorship, and voting results.
• Results of shareholder votes on management say-on-pay proposals.

Aggregate data on shareholder proposals are examined and segmented based on business industry. In addition, to highlight differences between small and large companies, findings in the Russell 3000 sample are compared with those on issuers that, at the time of their AGMs, were in the S&P 500.