Investor AB
Ticker: INVE.B
Meeting date: 17/06/2020
Meeting type: Annual
Proposal | Mgt rec | Vote | |
---|---|---|---|
Management proposals | |||
1 | Proposal Elect Chairman of Meeting | Mgt rec For | Vote For |
2.a | Proposal Designate Marianne Nilsson, Swedbank Robur Fonder as Inspector of Minutes of Meeting | Mgt rec For | Vote For |
2.b | Proposal Designate Javiera Ragnartz, SEB Investment Management as Inspector of Minutes of Meeting | Mgt rec For | Vote For |
3 | Proposal Prepare and Approve List of Shareholders | Mgt rec For | Vote For |
4 | Proposal Approve Agenda 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 Accept Financial Statements and Statutory Reports | Mgt rec For | Vote For |
8.a | Proposal Approve Discharge of Gunnar Brock | Mgt rec For | Vote For |
8.b | Proposal Approve Discharge of Johan Forssell | Mgt rec For | Vote For |
8.c | Proposal Approve Discharge of Magdalena Gerger | Mgt rec For | Vote For |
8.d | Proposal Approve Discharge of Tom Johnstone, CBE | Mgt rec For | Vote For |
8.e | Proposal Approve Discharge of Sara Mazur | Mgt rec For | Vote For |
8.f | Proposal Approve Discharge of Grace Reksten Skaugen | Mgt rec For | Vote For |
8.g | Proposal Approve Discharge of Hans Straberg | Mgt rec For | Vote For |
8.h | Proposal Approve Discharge of Lena Treschow Torell | Mgt rec For | Vote For |
8.i | Proposal Approve Discharge of Jacob Wallenberg | Mgt rec For | Vote For |
8.j | Proposal Approve Discharge of Marcus Wallenberg | Mgt rec For | Vote For |
8.k | Proposal Approve Discharge of Dominic Barton | Mgt rec For | Vote For |
9 | Proposal Approve Allocation of Income and Dividends of SEK 9 Per Share | Mgt rec For | Vote For |
10.a | Proposal Determine Number of Members (10) and Deputy Members (0) of Board | Mgt rec For | Vote For |
10.b | Proposal Determine Number of Auditors (1) and Deputy Auditors | Mgt rec For | Vote For |
11.a | Proposal Approve Remuneration of Directors in the Aggregate Amount of SEK 11 Million | Mgt rec For | Vote For |
11.b | Proposal Approve Remuneration of Auditors | Mgt rec For | Vote For |
12.a | Proposal Reelect Gunnar Brock as Director | Mgt rec For | Vote For |
12.b | Proposal Reelect Johan Forssell as Director | Mgt rec For | Vote For |
12.c | Proposal Reelect Magdalena Gerger as Director | Mgt rec For | Vote For |
12.d | Proposal Reelect Tom Johnstone as Director | Mgt rec For | Vote For |
12.e | Proposal Reelect Sara Mazur as Director | Mgt rec For | Vote For |
12.f | Proposal Reelect Grace Reksten Skaugen as Director | Mgt rec For | Vote For |
12.g | Proposal Reelect Hans Straberg as Director Vote rationale: Board members should devote sufficient time to fulfil their responsibilities effectively. The chairperson is responsible for leading all aspects of the board’s work and should devote a significant amount of time to fulfil his or her responsibilities effectively. Board members should contribute to effective discussions and decision-making by attending all meetings. Global Voting Guidelines Time commitment of board members | Mgt rec For | Vote Against |
12.h | Proposal Reelect Lena Treschow Torell as Director | Mgt rec For | Vote For |
12.i | Proposal Reelect Jacob Wallenberg as Director | Mgt rec For | Vote For |
12.j | Proposal Reelect Marcus Wallenberg as Director | Mgt rec For | Vote For |
13 | Proposal Reelect Jacob Wallenberg as Board Chairman | Mgt rec For | Vote For |
14 | Proposal Ratify Deloitte as Auditors | Mgt rec For | Vote For |
15 | Proposal Approve Remuneration Policy And Other Terms of Employment For Executive Management | Mgt rec For | Vote For |
16.a | Proposal Approve Performance Share Matching Plan for Employees in Investor | Mgt rec For | Vote For |
16.b | Proposal Approve Performance Share Matching Plan for Employees in Patricia Industries | Mgt rec For | Vote For |
17.a | Proposal Authorize Share Repurchase Program | Mgt rec For | Vote For |
17.b | Proposal Approve Equity Plan Financing | Mgt rec For | Vote For |
18 | Proposal Amend Articles of Association Re: Company Name; Participation at General Meeting; Powers of Attorney and Postal Voting | Mgt rec For | Vote For |
Shareholder proposals | |||
19.a | Proposal Amend Articles Re: Introduce Equal Voting Rights of Class A and Class B Shares | Mgt rec None | Vote Against |
19.b | Proposal Instruct Board to Work for the Swedish Companies Act to Abolish Weighted Voting, by Contacting the Government | Mgt rec None | Vote Against |
19.c | Proposal Instruct Board to Prepare Proposal for Representation of Small and Medium-Sized Shareholders on the Company's Board and Nomination Committee, to be Submitted to AGM 2021 | Mgt rec None | Vote Against |
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.
- No reliance should be placed on this information or its accuracy, and Norges Bank accepts no responsibility or liability for any action taken or not taken on the basis of this information. Any relevant third party should form their own views based on their own analysis of the relevant facts and circumstances.
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- Any information in this disclosure is subject to change without notice. In particular, be aware that Norges Bank’s intentions and the holdings of the Government Pension Fund Global may change over time and, to the extent permitted by applicable law, Norges Bank disclaims any responsibility to update this information as a result of such changes or for any other reason.
- Securities lending or other activity may mean that the votes cast by Norges Bank are significantly different than its economic or published holding of shares, or significantly different from its holding at the date of this disclosure. No assumption should be made or reliance placed on the number of votes that will be cast.
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