Our recent Client Alert discusses ISS and Glass Lewis voting policy updates for the 2025 proxy season. ISS made updates to the section on management say-on-pay and executive pay evaluation in its U.S. Executive Compensation Policies FAQs and made updates to its voting guidelines relating to environmental and/or community impact assessment shareholder proposals, short-term poison pills, and SPAC extension requests. Glass Lewis made updates to its voting guidelines relating to board oversight of artificial intelligence (and its voting guidelines relating to AI-related shareholder proposals), board responsiveness to shareholder proposals, management say-on-pay proposals, and reincorporations.