Investor AB
Ticker: INVE.B
Meeting date: 10/05/2016
Meeting type: Annual
| Proposal | Mgt rec | Vote | |
|---|---|---|---|
| Management proposals | |||
| 1 | Proposal Elect Chairman of Meeting | Mgt rec For | Vote For |
| 2 | Proposal Prepare and Approve List of Shareholders | Mgt rec For | Vote For |
| 3 | Proposal Approve Agenda of Meeting | Mgt rec For | Vote For |
| 4 | Proposal Designate Inspector(s) of Minutes of Meeting | Mgt rec For | Vote For |
| 5 | Proposal Acknowledge Proper Convening of Meeting | Mgt rec For | Vote For |
| 6 | Proposal Receive Financial Statements and Statutory Reports | Mgt rec None | Vote None |
| 7 | Proposal Receive President's Report | Mgt rec None | Vote None |
| 8 | Proposal Receive Board and Board Committee Reports | Mgt rec None | Vote None |
| 9 | Proposal Accept Financial Statements and Statutory Reports | Mgt rec For | Vote For |
| 10 | Proposal Approve Discharge of Board and President | Mgt rec For | Vote For |
| 11 | Proposal Approve Allocation of Income and Dividends of SEK 10.00 Per Share | Mgt rec For | Vote For |
| 12a | Proposal Determine Number of Directors (11) and Deputy Directors (0) of Board | Mgt rec For | Vote For |
| 12b | Proposal Determine Number of Auditors (1) and Deputy Auditors (0) | Mgt rec For | Vote For |
| 13a | Proposal Approve Remuneration of Directors in the Amount of SEK 2.4 Million for Chairman, SEK 1.4 Million for Vice Chairman, and SEK 640,000 for Other Directors; Approve Remuneration for Committee Work | Mgt rec For | Vote For |
| 13b | Proposal Approve Remuneration of Auditors | Mgt rec For | Vote For |
| 14a | Proposal Reelect Josef Ackermann as Director | Mgt rec For | Vote For |
| 14b | Proposal Reelect Gunnar Brock as Director | Mgt rec For | Vote For |
| 14c | Proposal Reelect Johan Forssell as Director | Mgt rec For | Vote For |
| 14d | Proposal Reelect Magdalena Gerger as Director | Mgt rec For | Vote For |
| 14e | Proposal Reelect Tom Johnstone as Director | Mgt rec For | Vote For |
| 14f | Proposal Reelect Grace Reksten Skaugen as Director | Mgt rec For | Vote For |
| 14g | Proposal Reelect Hans Straberg as Director | Mgt rec For | Vote For |
| 14h | Proposal Reelect Lena Treschow Torell as Director | Mgt rec For | Vote For |
| 14i | Proposal Reelect Jacob Wallenberg as Director | Mgt rec For | Vote For |
| 14j | Proposal Reelect Marcus Wallenberg as Director | Mgt rec For | Vote For |
| 14k | Proposal Reelect Sara Ohrvall as Director | Mgt rec For | Vote For |
| 15 | Proposal Reelect Jacob Wallenberg as Board Chairman | Mgt rec For | Vote For |
| 16 | Proposal Ratify Deloitte as Auditors | Mgt rec For | Vote For |
| 17a | Proposal Approve Remuneration Policy And Other Terms of Employment For Executive Management | Mgt rec For | Vote For |
| 17b | Proposal Approve 2016 Long-Term Incentive Program | Mgt rec For | Vote For |
| 18a | Proposal Authorize Repurchase of Issued Share Capital and Reissuance of Repurchased Shares for General Purposes and in Support of Long-Term Incentive Program and Synthetic Share Program for Board of Directors | Mgt rec For | Vote For |
| 18b | Proposal Authorize Reissuance of up to 800,000 Repurchased Shares in Support of 2016 Long-Term Incentive Program | Mgt rec For | Vote For |
| Shareholder proposals | |||
| 19a | Proposal Establish a Policy Concerning Zero Tolerance for Workplace Accidents | Mgt rec None | Vote Against |
| 19b | Proposal Instruct the Board to Set Up a Working Group Concerning Workplace Accidents Within the Company | Mgt rec None | Vote Against |
| 19c | Proposal Require Report on the Work Regarding Work Place Accidents to be Published at AGM and Include the Report in Annual Report | Mgt rec None | Vote Against |
| 19d | Proposal Adopt a Vision for Absolute Gender Equality on All Levels Within the Company | Mgt rec None | Vote Against |
| 19e | Proposal Instruct the Board to Set Up a Working Group Concerning Gender and Ethnicity Diversification Within the Company | Mgt rec None | Vote Against |
| 19f | Proposal Require Report on the Work Regarding Gender and Ethnicity Diversification to be Published at AGM and Include the Report in Annual Report | Mgt rec None | Vote Against |
| 19g | Proposal Request Board to Take Necessary Action to Create a Shareholders' Association | Mgt rec None | Vote Against |
| 19h | Proposal Prohibit Directors from Being Able to Invoice Director's Fees via Swedish and Foreign Legal Entities | Mgt rec None | Vote Against |
| 19i | Proposal Instruct the Nomination Committee to Pay Extra Attention to Questions Concerning Ethics, Gender, and Ethnicity | Mgt rec None | Vote Against |
| 19j | Proposal Request Board to Propose to the Swedish Government to Draw Attention to the Need for a Change in the Rules in the Area Regarding Invoicing | Mgt rec None | Vote Against |
| 19k | Proposal Amend Articles of Association: Both Class A Shares and Class B Shares are Entitled to One Vote Each | Mgt rec None | Vote For |
| 19l | Proposal Request Board to Propose to the Swedish Government Legislation on the Abolition of Voting Power Differences in Swedish Limited Liability Companies | Mgt rec None | Vote Abstain |
| 19m | Proposal Amend Articles Re: Former Politicians on the Board of Directors | Mgt rec None | Vote Against |
| 19n | Proposal Request Board to Propose to the Swedish Government to Draw Attention to the Need for Introducing a | Mgt rec None | Vote Against |
| 19o | Proposal Instruct the Board to Prepare a Proposal for the Representation of Small- and Midsized Shareholders in the Board and Nomination Committee | Mgt rec None | Vote Against |
| Management proposals | |||
| 20 | Proposal Close Meeting | Mgt rec None | Vote None |
Disclaimer
This page contains certain information as to the voting intentions of Norges Bank in its role as manager of the Government Pension Fund Global. This disclosure is provided to promote transparency as to Norges Bank’s engagement with investee companies, and in view of its approach to responsible investing. Norges Bank’s voting intention is an internal decision and has not been agreed with any third party. Please note the following:
- This disclosure is provided for information purposes only. It does not constitute advice and should not be taken as a recommendation or an instruction on any matter, including whether any relevant third party should buy, sell or retain shares, or how any third party should exercise any voting rights they may have. Any person who wishes to obtain advice should seek this from a professional adviser. This disclosure is not a proxy solicitation and is not intended to influence the vote of other shareholders.
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