2018 Guide to Effective Proxies

6 TH EDITION | GUIDE TO EFFECTIVE PROXIES 44 TERADATA UNISYS CORPORATION UNITIL CORPORATION UNUM GROUP MESSAGE TO STOCKHOLDERS March6,2018 Dear Fellow Stockholder: Iampleased toinviteyoutoattendTeradataCorporation’s2018AnnualMeetingofStockholdersonApril17,2018. Themeetingwillbeginpromptlyat8:00a.m.localtimeattheHotelNikkoSanFrancisco,222MasonStreet,San Francisco,California94102. Thisproxystatement, whichincludesanoticeofthe2018annualmeeting,tellsyoumoreabouttheagendaand procedures forthemeeting.Italsodescribes howourBoardofDirectorsoperates andgivesinformationabout directorcandidates andgeneralcompensationandcorporategovernance matters. Wemadesignificantprogressintransformingour businessin2017.Oursuccesswaspropelledbyour outstandingtechnologyandconsultingofferings,our skilledandcommittedworkforce,andourwinning strategyofdeliveringhigh-impactbusinessoutcomes. Duringtheyear,wecompletedseveralorganizational changesdesignedtoimproveourmarketpositioning, includingtheconsolidationofoursalesandanalytics consultingbusinessestosupportourgo-to-market strategythatisfocusedonthe500companieswiththe world’slargestanalyticalopportunities,and restructuringourresearchanddevelopmentaround strategicofferings,productsandinnovationforour future.Ourentireteamisdrivingincreasedusageofour coredatabasesoftwareandgrowthofsubscription- basedlicenserevenue,whichwillleadtoamore predictable,recurringrevenuestream.Weintroduced TeradataEverywhere™,bringingtogetherourexpanded offeringsforanalyticsacrosscloudandon-premises withflexiblepricingandsubscriptionlicensingoptions thathelpcompaniesde-risktheirdecisionsinanalytics, allowingthemtomoveforwardwithconfidence knowingtheirinvestmentsareprotected.Additionally, wehavecreatedahigh-performingculturewithan infusionofnewtalenttoaddtoourhighlyexperienced peopleandbringnewperspectives.Wenowhaveboth theconfidenceandmomentumtocontinueour transformationandreturnTeradatatoprofitable revenuegrowthandlong-termstockholdervalue. Inaddition,stockholderengagementremainsan integralpartofTeradata’sbusinesspractices,andwe greatlyvaluetheinputwereceivefromourinvestors. Weareinfrequentcommunicationwithstockholders onkeybusinessmatters,includingstrategicdirection, corporategovernancepracticesandexecutive compensation.Moreover,wehavedesignedandmade changestoourexecutivecompensationprogramina waythataddressesthefeedbackprovidedthroughour stockholderoutreachefforts.Thesechangesfurther connectpayandperformanceandenhancethe alignmentofourexecutivecompensationprogramwith yourlong-terminterests. OurBoardofDirectorscontinuestobeactively involvedinestablishingthestrategicdirectionofthe company.Theboardremainscommittedtoensuring thatitincludesahighlyqualifiedanddiversegroupof directorswhoarewell-equippedtooverseethesuccess ofTeradata’sbusinessandeffectivelyrepresentyour interests.Weencourageyoutoreviewthe qualifications,skillsandexperiencethateachofour directorscontributestoourBoardofDirectorsas describedbeginningonpage4ofthisproxystatement. VictorLund,Teradata’sPresidentandChiefExecutive Officer,andIlookforwardtoseeingyouattheannual meeting.Ifyouplantoattend,pleasesendanemailto investor.relations@teradata.com toreceiveameeting reservationrequestform.Inaddition,youarewelcome toshareyourthoughtsorconcernswithusonany topic.Communicationscanbeaddressedtodirectorsin careoftheCorporateSecretary,LauraNyquist,at 10000InnovationDrive,Dayton,Ohio45342orby emailattheaddresslistedabove. Everyvoteisimportant.Whetherornotyouplanto attendtheannualmeeting,Iurgeyoutoauthorizeyour proxyassoonaspossiblesothatyourstockmaybe represented atthemeeting. Wevalueyoursupportandthankyouforyour commitmenttoTeradata. Sincerely, JamesM.Ringler ChairmanoftheBoard Unisys Corporation 801 Lakeview Drive, Suite 100 Blue Bell, PA 19422 March 16, 2018 Dear Fellow Stockholder: It is my pleasure to invite you to the Unisys 2018 Annual Meeting of Stockholders. This year’s meeting will be held on Thursday, April 26, 2018, at the Courtyard Philadelphia Downtown, which is located at 21 North Juniper Street in Philadelphia, Pennsylvania. The meeting will begin at 8:00 a.m., local time. Unisys entered 2017 with the momentum of a full year of executing on our strategy developed in 2015 and further refined in 2016. We achieved significant progress against that plan, as shown by our strong full year results. For the second straight year, we provided guidance for revenue, non-GAAP operating profit margin and adjusted free cash flow. We exceeded our guidance on non-GAAP operating profit margin and adjusted free cash flow, and achieved the high end of our revenue guidance. This marked the second straight year we met, or exceeded, all guidance metrics since we re-established the process of issuing it last year. We have demonstrated continued progress on our key goals of using our industry go-to-market focus to drive improvements in revenue trajectory. We launched or refreshed our industry application products during the year, grew our focus industry revenue and saw total Company revenue growth in the fourth quarter. Our non-GAAP operating profit margin meaningfully expanded, helped by improvements in both our Technology and Services operating margins. Additionally, we took proactive steps to strengthen our working capital and reduce our pension deficit. Both of these initiatives support a stronger balance sheet and improve our cash flow. We are pleased to continue our practice of making proxy materials available to our stockholders over the Internet. We believe that doing so allows us to provide our stockholders with the information they need, while reducing our printing and mailing costs and helping to conserve natural resources. Stockholders who continue to receive paper copies of proxy materials may help us to reduce costs further by opting to receive future proxy materials by email. You may register for electronic delivery of future proxy materials by following the instructions on either the enclosed proxy/voting instruction card or the Notice of Internet Availability of Proxy Materials that you received in the mail. Your vote is important. Whether or not you plan to attend the annual meeting, I urge you to take a moment to vote on the items in this year’s proxy statement. Voting takes only a few minutes, and it will ensure that your shares are represented at the meeting. Sincerely, Peter A. Altabef President and Chief Executive Officer April12,2018 DearFellowShareholder: We’repleasedtoreportthatUnumdeliveredrecordearningsin2017, continuingourtraditionofdeliveringstrongresultsforourshareholdersand customers.Thisperformancetranslatedintoanotherprofitableyearforour shareholders.Wesawhealthygrowthinourstockprice,generated significantcapitalinourbusinessesandexecutedarobustprogramof returningvaluetoourinvestors.Asaresult,ourtotalshareholderreturn outpacedourpeersandthebroaderS&P500,notonlyfor2017butover longerperiodsoftime. Weachievedtheseresultsbyremainingfocusedonwhatwedobest- providingbenefitsthatprotectthelivelihoodsofindividualsandtheir families.We’reanintegralpartofthesafetynetformorethan35million people,andourdisciplinedapproachtorunningourbusinessiswhypeople havecountedonusfor170years. AcentralroleofourBoardistoensurethecompanymaintainsgood governancepractices,andthatstartswithstrongleadership.In2017,we continuedtheorderlyleadershiptransitionbegunafewyearsagowiththe electionofKevinKabatasourChairmanatlastyear’sAnnualMeeting. Throughthisleadershiptransitionandothersinthepast,Unumhasalways maintainedathoroughapproachtocorporategovernancethatassessesrisk, ensuresregulatorycompliance,andprovidesoversightofcompensation, investmentactivityandotherfinancialmatters.Wealsoconductaregular outreachandengagementprogramthatensureswereceivevaluable feedbackfromourshareholdersonavarietyoftopics. Corporatesustainabilityisonetopicthatisgettingmoreattentionamong investorsthesedays,however,it'snotnewtous.Withmillionsofpeople dependingonthecoverageweprovide,Unumunderstandstheimportance ofhelpingothers.Thatphilosophypermeateseverythingwedo-from advocatingforaccesstobenefitsandinvestinginthewellbeingofour people,toimprovingourlocalcommunitiesandminimizingtheimpactwe haveonourenvironment.Youcanlearnmoreaboutourresponsibilityefforts onourwebsite. While2017wasabanneryear,welookforwardwithevengreater confidence.Theleadershippositionsweenjoyinourmarketsandthe investmentswe’remakinginourproductsandcustomerexperienceallowus tooperatefromapositionofstrength.We’realsopoisedtocapitalizeon whatwebelievearegoodgrowthopportunitiesforthefuture. Oursuccessasacompanydependsonour10,000employeeswhosupport ourcustomerseveryday,andtheydeserveallourthanksforajobwelldone. Onbehalfofthem,wethankyouforyourinvestmentinUnumandforthe trustyouplaceinustorepresentyourinterestsasashareholder. ALETTERFROMOURBOARDOFDIRECTORS 4 2018PROXYSTATEMENT March19,2018 DearFellowShareholder, IampleasedtoinviteyoutoattendtheUnitilCorporationAnnualMeetingofShareholders.The meetingwillbeheldonWednesday,April25,2018,at11:30a.m.,attheCompany’scorporate headquarters,6LibertyLaneWest,Hampton,NewHampshire.Thisyear,weareasking shareholderstovoteontheelectionofonedirector,andontheratificationoftheselectionof independentregisteredpublicaccountants.Alsothisyear,shareholderswillbepresentedwithan advisoryvoteonexecutivecompensation. Yourvoteisveryimportant.Iencourageyoutovotetoensurethatyourvoiceisrepresentedat themeeting,andtoplayapartinthefutureoftheCompany.Theenclosedproxymaterials provideimportantinformationabouttheCompanytoassistyouwithyourvotingdecisions,as wellasinstructionstosubmityourvote. IwouldliketothankyouforchoosingtoinvestinUnitilCorporation.TheCompany’svision statementandphilosophyreflectourdeepcommitmenttoourshareholders,customers,local communitiesandpartners.Weprovidemorethanjustelectricityandgasservicesandproducts. Ourtalentedanddedicatedpeopleareproudtoprovideforthenecessitiesoflifewiththesafe andreliabledeliveryofnaturalgasandelectricitythroughoutNewEngland. Energyforlife isthe statementofprideandcommitmentthatweusetodescribethisphilosophy. OnbehalfofthedirectorsandmanagementofUnitilCorporation,thankyouforyourcontinued supportandconfidencein2018. Sincerely, RobertG.Schoenberger ChairmanoftheBoard, ChiefExecutiveOfficerand President