Board meeting - July 2023

Unless otherwise specified, meetings will be held at the following location:

Hilton La Jolla Torrey Pines, 10950 N. Torrey Pines Road, La Jolla, CA 92037

Public Call Letter

All meeting times are approximate dependig upon the end of the previous meeting.

July 25, 2023

Regular Meeting (Day 1) - 1:00 p.m.

Item 1 - Approval of Committee Agenda

Session: Open | Type: Action | Presenter: Chairperson

Item 01

Item 2 - Setting of CEO and CIO Performance Targets for the 2023-24 Performance Year (Gov. Code, sec. 11126(a), (b), (g))

Session: Closed | Type: Action | Presenter: Chairperson

Item 3 - Evaluation of CEO and CIO Base Salary Adjustment (Gov. Code, sec. 11126(a), (b), (g)(1))

Session: Closed | Type: Action | Presenter: Chairperson

Item 4 - Information/Data Security (Gov. Code, sec. 11126 (c)(18)(A))

Session: Closed | Type: Information | Presenter: Brian Bartow

Item 5 - Chief Executive Officer Report

Session: Open | Type: Information | Presenter: Cassandra Lichnock

Item 05 Item 05 Attachment 01

Item 6 - Chief Investment Officer Report

Session: Open | Type: Information | Presenter: Chris Ailman

Item 06 Item 06 Attachment 01 PowerPoint

Item 7 - CalSTRS Annual Business Plan and Investment Annual Business Plan

Session: Open | Type: Information | Presenters: Cassandra Lichnock / Lisa Blatnick / Chris Ailman

Item 07 Item 07 Attachment 01 Item 07 Attachment 02 PowerPoint

Item 8 - CalSTRS FY 23/24 Board and Committee Work Plans

Session: Open | Type: Action | Presenter: Chairperson

Item 08 Item 08 Attachment 01

Item 9 - Investment Policy Management Plan – Asset Allocation – First Reading

Session: Open | Type: Action | Presenter: Scott Chan / Geraldine Jimenez

Item 09 Item 09 Attachment 01 Item 09 Attachment 02 Item 08 Attachment 03

Item 10 - Review of Board Officer and Committee Delegation

Session: Open | Type: Consent Information | Presenter: Chairperson

Item 10

Item 11 - Contracts Requiring Board Approval

Session: Open | Type: Consent Action | Presenter: Chairperson

Item 11

July 26, 2023

Regular Meeting (Day 2) - 9:00 a.m.

Item 12 - Building Effective Cultures That Last

Session: Open | Type: Information | Presenters: Cassandra Lichnock / Amy McDuffee, Mosaic Governance Advisors

Item 12 Item 12 Attachment 01

Item 13 - Board Innovation Principles in Practice

Session: Open | Type: Information | Presenters: Cassandra Lichnock

Item 13 Item 13 Attachment 01 PowerPoint

Item 14 - Financing the Net Zero Transition

Session: Open | Type: Information | Presenters: Chris Ailman

Item 14 PowerPoint 01 PowerPoint 02 PowerPoint 03

Item 15 - Opportunity for Statements from the Public

Session: Open | Type: Information | Presenters: Chairperson

July 27, 2023

Regular Meeting (Day 3) - 10:30 a.m.

Item 16 - Annual Board Self-Evaluation (Gov. Code, (Gov. Code, sec. 11126(a))

Session: Closed | Type: Information | Presenter: Chairperson

Item 17 - DE&I and the Board’s Role: Leading the Way

Session: Open | Type: Information | Presenter: Chairperson

Item 17 Item 17 Attachment 01 Item 17 Attachment 02 Item 17 Attachment 03 Item 17 Attachment 04 Item 17 Attachment 05 Item 17 Attachment 06