Kilroy Realty Corporation · NYSE:KRC
Kilroy Realty — Proxy Contest (May 2021)
6 slides from Kilroy Realty's proxy contest presentation, May 10, 2021
Slide 1: Proxy-Season Engagement Update, Spring 2021
Proxy-Season KILROY Engagement Update REALTY Spring 2021 KILROY REALTY | 0Proxy-Season KILROY Engagement Update REALTY Spring 2021 KILROY REALTY | 0
Slide 2: Disclaimer
DISCLAIMER This presentation contains forward-looking statements within the meaning of Section 27A of the Securities Act of 1933, as amended, and Section 21E of the Securities Exchange Act of 1934, as amended. Forward-looking statements are based on our current expectations, beliefs and assumptions,
Slide 3: Legacy Severance Agreements with Our CEO and COO
LEGACY SEVERANCE AGREEMENTS WITH OUR CEO AND COO • Our former COO Mr. Hawken’s severance agreement was a legacy arrangement that dated back more than a decade and had not drawn any specific commentary or questions from our stockholders until discussions leading up to our 2020 Annual Meeting, despite
Slide 4: 2020 Compensation Program Updates
2020 COMPENSATION PROGRAM UPDATES Updates in Response to Stockholder Feedback Since our 2019 annual meeting of stockholders, we reached out to stockholders owning ~62% of our outstanding common stock. Our Compensation Committee Chair and Lead Independent Director personally led the meetings In respo
Slide 5: 2020 Executive Compensation Overview
2020 EXECUTIVE COMPENSATION OVERVIEW Program Structure Promotes Strong Alignment Between Pay and Performance High proportion of at-risk and performance-based pay is designed to incentivize achievement of key strategic and financial performance measures, ensure alignment with stockholder interests, a
Slide 6: We Request Your Support at the 2021 Annual Meeting
WE REQUEST YOUR SUPPORT AT THE 2021 ANNUAL MEETING The Board Asks That You Vote FOR All Management Proposals On The Ballot Proposal 1. FOR Election of Each of the Seven Director Nominees Proposal 2. FOR Advisory Vote to Approve Named Executive Officer Compensation FOR Approval of Amendment and Resta