Investor Presentaiton
Corporate Governance
Best
Practices
Board
Composition
Independent Board Chair
Annual director elections
Annual director assessments
Annual say-on-pay voting
Majority voting for director election
87.5% of directors are independent
50% of committees chaired by women
Average director tenure of 2.4 years
Average director age of 62 years
Whistleblower hotline
WFP
Comprehensive and transparent disclosure
Extensive shareholder engagement
Diversity and inclusion policy
History of 100% director attendance
Equity ownership requirements for directors
Diversity a consideration in director
selection
Executive
Compensation
Competitive pay to attract and retain talent
Target compensation at levels near the
median of our peer group
67% of CEO's target compensation is
performance based
Annual goal setting aligned with long-term
strategy, ESG and shareholder value
Clawback and hedging policies
Performance based awards linked to
various shareholder value metrics
Minimum equity ownership requirements for
NEOs and other executive officers
Western Is Committed To The Strongest Corporate Governance Practices
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