Item 11. Executive Compensation

The following information is incorporated herein by reference from the Company's definitive proxy statement relating to the 2021 annual meeting of shareholders, which proxy statement is expected to be filed with the SEC within 120 days after the close of the Company's fiscal year ended December 31, 2020:

• Information required by Item 402 of Regulation S-K with respect to named executive officer and director compensation is incorporated herein by reference from the sections captioned "Compensation Discussion and

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Analysis," "Compensation Tables," "Compensation Policies and Practices and Risk Management," "Pay Ratio Disclosure" and "Corporate Governance and Board Matters – Directors' Compensation" in the Company's definitive proxy statement; and

• Information required by paragraph (e)(5) of Item 407 of Regulation S-K with respect to certain matters related to the Management Development and Compensation Committee of the Company's Board of Directors is incorporated herein by reference from the section captioned "Compensation Committee Report" in the Company's definitive proxy statement.