The Advisors' Blog

Yesterday, ISS announced that for companies with annual meetings between February 1, 2025 and September 15, 2025, its peer group review & submission window will open at 9:00 AM ET on Monday, November 11, and close at 8:00 PM ET on Friday, November 22. Submissions should reflect peer companies used by the submitting company for pay-setting for the fiscal year ending prior to the company’s next upcoming annual meeting (so for your 2025 annual meeting, this would mean peers used for the 2024 fiscal year).

As a reminder, these submissions are requested semi-annually and are just one input for ISS’s own peer group construction methodology. Companies are under no obligation to participate. If you have made no changes to your previously disclosed comp peers or do not wish to provide this information in advance, you don’t need to do so. When no peers are submitted, the proxy-disclosed peers from the company’s last proxy filing will automatically be factored into ISS’ peer group construction process.

– Meredith Ervine