Embracing corporate governance is a priority at A&B.  We value the trust our shareholders place in our leadership and consider the sound principles of corporate governance part of the core beliefs of our company.  A&B’s governance highlights include:

• a diverse, independent board: 29% women; 57% ethnically diverse; 86% independent
• independent leadership, consisting of a separate chair and chief executive officer, combined with a lead independent director
• multiple skill sets represented on the board
• annual election of directors
• a majority voting standard in uncontested director elections
• stockholders can amend bylaws with majority vote; can call special meetings with a 10% vote
• no poison pill
• meaningful director share ownership guidelines
• annual board evaluations
• an Audit Committee comprised of a significant majority of Audit Committee Financial Experts
• mandatory retirement age of 72
• annual director equity grants