This page is intended to provide information about how CalPERS has determined, both historically and with regard to its current activities, to exercise its ownership rights. Our focus on Executive Compensation, Focus and Monitoring Lists, Education & Influence Programs, and Proxy Voting Decisions are designed to communicate with our fellow market participants CalPERS' governance actions that are relevant to upcoming voting decisions. CalPERS' decisions are based on the analysis that we have conducted and the conclusions that we have reached as one investor. We urge all investors to conduct their own evaluations of these issues and to arrive at the decisions that best meet their own investment objectives.

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