Social Media Use By Institutional Investors

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Inside The Buy-side 速


Research Scope Responsibility PM | 42% Analyst | 29% PM/Analyst | 21% CIO/Dir. of Res. | 5% Other | 3%

Age

22 - 25 | 5% 26 - 34 | 16%

35 - 45 | 37% 46 - 55 | 34% 55+ | 8%

– Geography North America | 61%

Europe | 16% Asia | 10%

Australia | 8% Africa | 3%

Middle East | 2%

Investment Style

Value | 33% GARP | 27%

Growth | 17% Hedge Fund | 8% Yield | 6% Other | 9%

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Does Social Media Play a Role In Your Research?

56% Yes 52%

2010

2013

 39%  Financial Blogs  39%  Seeking Alpha  35%  LinkedIn

How Often Do You Monitor Information On Social Media Sites?

 25%  Company Blogs

46%

39%

 24%  Message/Chat Boards  23%  The Motley Fool 12%

 19%  Twitter

25%

22%

18%

10% 12%

10%

6%

 19%  The Street Daily

 12%  Scribd

Weekly

Monthly 2010

 11%  The Fly on the Wall

As Needed

Never

2013

Has Social Mediagenerated Information Influenced an Investment Decision?

64% Yes 46%

2010

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What Information Sources Most Influence Your Investment Decisions? (5.0-point Scale)

Do You Find Information on Social Media Sites Reliable?

Internal Research

Absolutely | 6%

4.4

Contact…

Somewhat | 65%

4.0

Reg. Filings

Not At All | 29%

4.0

Investor Presentation

3.8

Earnings Calls

3.7

Sell Side Meetings

3.4

IR Website

3.3

Sell Side Conferences

3.2

Sell Side Research

3.2

Contact w/ IR

3.1

Online Media

2.9

Subscription Services

2.9

Print Media

2.5

Financial Blogs

2.1

Social Media Sites

1.7

Social Media Links Location 64% 47% 18%

9%

On Main Page 2010

88%

On IR Page 2013

When Visiting a Company's Website, What Type of Information is Most Important To You? 68%

Investor Presentations

Press Releases

58%

SEC Filings

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47%

Webcasts

37%

Transcripts

26%

White Papers

11%

8%

Management Videos

Blogs

Inside The Buy-side® | 4


Social Media Links - Type 89%

84%

71%

60%

56% 32%

Twitter

Facebook 2010

YouTube 2013

Will The SEC's Recent Announcement Lead You to Utilize Social Media More?

Yes | 43% No | 49% Unsure |8%

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PROVEN METHODOLOGY, PROVEN RESULTS Corbin Perception is an IR research and advisory firm assisting public companies with driving long-term shareholder value. Our Advisory Services Include:

Perception Studies

Investor Targeting

Investor Presentation Development

Investor Days

IR Diagnostic Reviews

Retainer Consulting

We leverage our broad company and industry experience, ongoing research on the buy side and knowledge of IR best practices to achieve results. We are passionate about what we do and develop relationships that are collaborative and long lasting. Our client proposition is based on: 1) insightful, research-driven counsel; 2) a talented and experienced team; 3) an in-depth understanding of best practices and the ability to apply that knowledge to unlock value; and 4) an unparalleled commitment to client service and satisfaction.

Visit our website or contact us to learn more www.corbinperception.com info@corbinperception.com (860) 321-7309

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Inside The Buy-side® | 6


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