Nomination and Governance Committee Priorities for 2025

This document is a guide outlining the priorities for Nomination and Governance (N&G) committees in 2025 amidst a changing landscape. It emphasizes the importance of effective leadership, particularly in evaluating the suitability of the CEO and planning for succession. The guide highlights the need for proactive succession planning, suggesting that N&G committees assess potential CEO candidates and develop future leaders within the organization. Additionally, it discusses the role of N&G committees in fostering stakeholder trust through effective communication strategies regarding social issues and governance practices. The document also addresses the increasing shareholder activism and the necessity for boards to respond proactively to investor demands. It underscores the importance of onboarding and continuous education for directors, focusing on industry trends, technological challenges, and risk management. The guide serves as a comprehensive resource for N&G committees to navigate their responsibilities effectively and maintain organizational integrity and stakeholder confidence.