On May 16, 2017. Generation Investment Management LLP announced that it plans to: (1) vote against the re-election of the Chairperson (Sheila A. Penrose); (2) abstain on the re-election of other board members on the compensation committee (Hugo Bague, Samuel A. Di Piazza, Jr., Dame DeAnne Julius, Ming Lu, Shailesh Rao); and (3) vote against the ‘Say on Pay’ proposal with respect to executive compensation. Further, Generation Investment Management stated that presently plan to vote in favour of all other resolutions at annual meeting of shareholders to be held on May 31, 2017.