SDX PROTOCOL

The SDX Protocol is a 10-point guide for public company boards and shareholders that determines when shareholder and director engagement is appropriate and how to make these engagements valuable and effective... The Shareholder-Director Exchange (SDX) was formed by leading advisors to corporations and their directors - Cadwalader, Wickersham & Taft LLP for legal strategy and governance analysis; Teneo for communications and strategy; and Tapestry Networks for governance and multi-party problem expertise - with additional support from investor communications firm Broadridge Financial Solutions... The SDX working group includes leading independent directors and representatives from some of the largest and most influential long-term institutional investors. Beginning in the autumn of 2013, Tapestry, Cadwalader, and Teneo interviewed the SDX working group - as well as subject matter experts and other thought leaders - about shareholder-director engagement. The SDX working group members..