April 24th, 2014

Voting Results from Johnson & Johnson’s Annual Meeting of Shareholders

by Doug Chia, Assistant General Counsel & Corporate Secretary, Johnson & Johnson

Annual Shareholders Meeting

April 24th 2014 – Today, Johnson & Johnson held its 126th Annual Meeting of Shareholders in New Brunswick, NJ.

Here is a recap of the official business from today’s meeting, including preliminary voting results:

1) Election of Directors: All 12 Director nominees were elected to serve one-year terms on the Board of Directors with a range of support of 89.8 to 99.6 percent of the votes cast.  Alex Gorsky (Chairman/CEO) received the support of 97.2 percent.  A full list of our Board members, including their biographies, can be found in the Corporate Governance section of the investor.jnj.com website.

2) Advisory Vote to Approve Named Executive Officer Compensation: In this advisory vote, our shareholders approved the company’s executive compensation philosophy, policies and procedures and the compensation of the executive officers named in the 2014 Proxy Statement with the support of 96.3 percent of the votes cast.

3) Ratification of Appointment of Independent Registered Public Accounting Firm: Our shareholders approved the appointment of PricewaterhouseCoopers LLP to serve as our independent auditors for fiscal 2014 with the support of 98.8 percent of the votes cast.

4) Shareholder Proposal – Executives to Retain Significant Stock: This proposal, made by Mr. Kenneth Steiner of Great Neck, NY, beneficial owner of 700 shares of our stock, received the support of 26.3 percent of the votes cast.

The details of all of these proposals can be found in our 2014 Proxy Statement.

The final voting results will be disclosed in an upcoming SEC filing.

Also announced at today’s meeting was the Board’s decision to increase the rate of the quarterly dividend to shareholders, from $0.66 per share to $0.70 per share, payable on June 10, 2014 to shareholders of record on May 27, 2014. This marks the 52nd consecutive year of dividend increases by Johnson & Johnson.

A replay and podcast of the video webcast of today’s Annual Meeting will be available on the Webcasts & Presentations section of the investor.jnj.com website.

For more information about corporate governance at Johnson & Johnson, we encourage you to visit the Corporate Governance section of the investor.jnj.com website.  Also, be sure to explore our 2013 Digital Annual Report.

Doug ChiaDoug Chia is Assistant General Counsel & Corporate Secretary at Johnson & Johnson.  His responsibilities include providing legal counsel to the corporation on matters of corporate governance, securities regulation, public company disclosure, and Dodd-Frank Act and Sarbanes-Oxley Act compliance.  Recently, Doug was named “Distinguished Corporate Secretary” for 2013 by Corporate Board Member magazine and “Corporate Governance Professional of the Year (Large Cap)” for 2013 by Corporate Secretary magazine.

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