Experian 2013 Annual Report Download - page 68
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Please find page 68 of the 2013 Experian annual report below. You can navigate through the pages in the report by either clicking on the pages listed below, or by using the keyword search tool below to find specific information within the annual report.annual results announcements,
half-year results announcements and
interim management statements, is
published on the Company’s website
so that all shareholders can have
full access promptly to Company
announcements. The Experian Investor
Relations application for tablet
computer, which contains information
on financial performance, together
with reports and presentations, and
news of upcoming events, continues
to be popular.
The Board is also committed to
ensuring that any concerns of private
shareholders are dealt with and, on
its behalf, the Company Secretary
oversees communication with these
shareholders. A ‘Shareholder Questions’
card is issued with the shareholder
documentation for the annual general
meeting and the Company receives
numerous questions from private
shareholders using the card. The
Company Secretary ensures that the
Company responds to shareholders
directly, as appropriate, at or following
the annual general meeting.
The annual general meeting is
an important event in Experian’s
corporate calendar and provides a
valuable opportunity for the Board
to communicate with shareholders
and meet with them on an informal
basis before the main business of the
meeting. All directors are expected to
attend the annual general meeting.
Experian’s 2013 annual general meeting
will take place on Wednesday 17 July
2013 and shareholders are encouraged
to attend the meeting and use the
opportunity to ask questions. However,
given the size and geographical diversity
of the Company’s shareholder base,
attendance may not always be practical
and shareholders are encouraged to
use proxy voting on the resolutions put
forward. Every vote cast, whether in
person or by proxy, is counted, because
votes on all matters except procedural
issues are taken by a poll.
Engagement with shareholders
and others
The Company places considerable
importance on communication and
maintaining good relationships with
shareholders, and makes every
effort to ensure that shareholders
are kept informed of significant
Group developments.
To assist members of the Board to
gain an understanding of the views of
institutional shareholders, the Board
receives an investor relations and
media report at each of its scheduled
meetings, which covers a wide range
of matters including a commentary on
the perception of the Company and
views expressed by the investment
community, media reports, share price
performance and analysis.
In November 2012, the Group’s capital
markets advisory firm presented the
positive results of the biennial investor
audit to the Board. The presentation
included commentary on the financial
and share price performance of
the Company and a summary of
observations from the investors that
had been surveyed, as well as their
suggested focus areas.
The Board consults with shareholders in
connection with specific issues where it
considers appropriate. The Chairman of
the Remuneration Committee consulted
with major institutional shareholders
and others in May 2012 regarding the
proposed performance measures,
targets and operation of the Company’s
executive long-term incentive
arrangements for the year ended 31
March 2013, and meetings were also
held with investors in this regard.
There is also an ongoing programme of
site-visits, and dialogue and meetings
between the executive team and
institutional investors and analysts.
At these meetings a wide range of
relevant issues including strategy,
performance, management and
governance are discussed within the
constraints of information already
made public. The announcement of
the annual and half-year results and
interim management statements
provide opportunities for the Company
to answer questions from analysts
covering a wide range of topics. During
the year, several investor roadshows
took place including ones in Singapore,
New York, San Francisco, Boston,
London, Frankfurt and Stockholm.
In January 2013, seminars were hosted
for analysts and institutional investors in
London and New York, at which senior
executives provided updates on the
Group’s strategic direction and detailed
information on the strategy of the
Group’s four global business lines. The
seminars, which were well-attended,
were chaired by the Chief Executive
Officer and included presentations from
the management team.
The Company’s website is a very
important method of communication
with shareholders and all material
information reported to the regulatory
news services, together with copies of
Experian website
Additional information relevant to
corporate governance at Experian
can be found on the Experian
website at www.experianplc.com
There you will find:
•Terms of reference of the
principal Board committees.
•The schedule of matters
reserved to the Board.
•The memorandum and articles
of association of the Company.
•Details of annual general
meeting proxy voting by
shareholders, including
votes withheld.
•Contact details for any questions.
Corporate governance report continued
66 Experian Annual Report 2013 Governance