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Our Approach to Shareholder Engagement

Our Approach to Shareholder Engagement

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Building and managing long-term relationships based on mutual trust is vital to our strategy for corporate governance. Shareholders, who invest in our company and elect the board of directors, are entitled to meaningful information about the company's business, policies and practices so they can make informed decisions and knowledgeably participate in the proxy voting process.

We hope to foster more open dialogue with shareholders by offering a variety of avenues for shareholders to communicate with the Board and encouraging shareholders to contact us at any time of year. Our shareholders are able to communicate their thoughts or concerns related to executive compensation directly to the Compensation Committee via our online Executive Compensation Feedback form. Shareholders and other interested parties may communicate with the Board by letter or email.

This year, we continued our practice of engagement, communication, and transparency in a variety of ways, including the following:

  • released two videos featuring Board members, Thomas J. Baltimore, our Lead Independent Director, and Douglas A. Scovanner, Chair of our Audit Committee, sharing their views on Prudential’s Board and corporate governance practices;
  • promoted greater communication with our institutional shareholders on corporate governance issues by engaging with shareholders who collectively hold a majority of our shares;
  • advanced open Board communication by facilitating interaction between our directors and shareholders; and
  • provided multiple avenues for shareholders to communicate with the Company and the Board, and have received and responded to shareholder comments. Shareholders also continued to use the mechanisms available through www.prudential.com/governance to provide input.

 

*SOURCE: PRUDENTIAL FINANCIAL, INC. 2019 PROXY STATEMENT

Prudential's 2017 Sustainability Report

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Shareholder Vote Incentive Program

Since the inception of our Vote Incentive Program, we have sponsored the planting of more than 730,000 trees. Our partnership with American Forests has contributed to the repair of the tree canopy damaged by hurricanes in Miami and Houston and the restoration of a threatened ecosystem in the Lower Rio Grande Valley in Texas. Additionally, we have provided 630,000 environmentally friendly bags to our shareholders.  Given the very favorable response by registered shareholders, visible in an increase in proxy voting, we will continue to offer voting shareholders the choice of an eco-friendly tote bag or support of conservation activities.

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