Statistics and Facts on E-proxy Implementation in the US

Broadridge is a leading provider of investor communications and brokerage processing, executing approximately 14,000 shareholder meetings annually while promoting electronic delivery to improve efficiency and reduce physical mail. The implementation of notice and access rules has led to over $900 million in savings for companies, but it has also resulted in decreased participation rates among smaller investors. The document highlights the challenges and implications of changing defaults for information access that have significantly impacted investor engagement.