Bowyer Policy Now Available with Egan-Jones Proxy Services

Egan-Jones is pleased to announce the Bowyer Policy, from Bowyer Research, as a new voting policy offering. This policy reflects our continued commitment to serving a diverse client base by expanding the range of proxy voting policies available through our research platform.

By offering the Bowyer Policy alongside our existing custom and off-the-shelf policies, Egan-Jones continues to support clients seeking proxy voting research that aligns with their specific fiduciary perspectives, governance priorities, and stewardship objectives.

About the Bowyer Policy

The Bowyer Policy is designed for investors who prioritize a traditional framework of shareholder primacy. The policy emphasizes a “back-to-neutral” approach to corporate governance, encouraging companies to focus on core business performance and shareholder returns rather than engagement in political or social matters that are not directly related to shareholder value.

Under the Bowyer Policy, proxy voting generally reflects the following principles:

• Votes FOR proposals that seek greater transparency around risks related to debanking, deplatforming, or other forms of ideological discrimination
• Votes FOR proposals that encourage companies to limit public engagement on non-core political or social issues
• Votes AGAINST directors at companies that significantly underperform their peers in total shareholder return
• Votes AGAINST certain environmental and social proposals that may divert corporate focus from core business operations or shareholder returns
• Votes AGAINST proposals that weaken shareholder voting rights, misalign executive compensation with shareholder returns, or result in shareholder dilution

The Bowyer Policy does not always align with management recommendations and may diverge from management recommendations when it is in the shareholders’ best interests to do so. The policy can be applied to both domestic and international holdings and is formally updated on an annual basis, with adjustments made as new proxy voting issues arise.

Egan-Jones and Custom Policy Design

Egan-Jones recognizes that clients hold diverse perspectives on proxy voting. Rather than anchoring our recommendations to a single benchmark policy, we build our reports, whether for off-the-shelf or custom policies, from the ground up using the first principles of the client’s chosen policy. This approach ensures transparency, consistency, and alignment with each client’s stated proxy voting philosophy.

The addition of the Bowyer Policy further strengthens Egan-Jones’ role as a provider of flexible, client-driven proxy research. By offering a broad spectrum of voting policies, Egan-Jones enables institutional investors to implement proxy voting programs that reflect their fiduciary duties, governance priorities, and long-term investment beliefs.