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      "text": "Say-on-Pay Response\nWe have included in our Proxy a discussion of our expanded shareholder outreach, what we heard from shareholders in understanding the vote against Say on Pay in 2022 and the actions the Board has taken in response to shareholders' concerns",
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      "text": "Shareholder discussions centered on our response to the Say-on-Pay vote at our 2022 Annual Meeting",
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      "text": "Since the beginning of 20221, we've solicited feedback through 172 engagements, representing approximately half of the Firm's outstanding common stock",
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      "text": "Other Shareholder Proposals\nWe recommend voting against the shareholder proposals, including on independent chair",
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      "text": "Board Composition\nOur Lead Independent Director provides a strong counterbalance to the Chair. We have achieved exceptional performance under this leadership structure. Our ongoing recruitment and renewal has seen the Board expand in size with the appointment of two new and highly skilled directors",
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      "text": "Ongoing discussions with shareholders to consider your perspectives on our practices",
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      "text": "Executive Compensation\nWe enhanced our Compensation Discussion and Analysis with new disclosures about how pay mix and incentive compensation are structured and how compensation was determined in 2022",
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      "text": "Climate\nOur 2022 Climate Report disclosed: targets for six key sectors; annual progress against our targets; how we assess our in-scope clients' emissions and decarbonization plans as one element of our transaction-level decision making; and our intent to disclose absolute emissions in these key sectors in 2023",
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