Kinnevik AB
Ticker: KINV.B
Meeting date: 11/05/2020
Meeting type: Annual
| Proposal | Mgt rec | Vote | |
|---|---|---|---|
| Management proposals | |||
| 1 | Proposal Open Meeting | Mgt rec None | Vote None |
| 2 | Proposal Elect Chairman 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 Designate Inspector(s) of Minutes of Meeting | Mgt rec For | Vote For |
| 6 | Proposal Acknowledge Proper Convening of Meeting | Mgt rec For | Vote For |
| 7 | Proposal Receive Financial Statements and Statutory Reports | Mgt rec None | Vote None |
| 8 | Proposal Accept Financial Statements and Statutory Reports | Mgt rec For | Vote For |
| 9 | Proposal Approve Allocation of Income and Omission of Dividends | Mgt rec For | Vote For |
| 10 | Proposal Approve Discharge of Board and President | Mgt rec For | Vote For |
| 11 | Proposal Determine Number of Members (7) and Deputy Members of Board | Mgt rec For | Vote For |
| 12 | Proposal Approve Remuneration of Directors in the Aggregate Amount of SEK 8.5 Million; Approve Remuneration of Auditors | Mgt rec For | Vote For |
| 13.a | Proposal Reelect Susanna Campbell as Director | Mgt rec For | Vote For |
| 13.b | Proposal Reelect Dame Amelia Fawcett as Director | Mgt rec For | Vote For |
| 13.c | Proposal Reelect Wilhelm Klingspor as Director | Mgt rec For | Vote For |
| 13.d | Proposal Reelect Brian McBride as Director | Mgt rec For | Vote For |
| 13.e | Proposal Reelect Henrik Poulsen as Director | Mgt rec For | Vote For |
| 13.f | Proposal Reelect Charlotte Stromberg as Director | Mgt rec For | Vote For |
| 13.g | Proposal Elect Cecilia Qvist as New Director | Mgt rec For | Vote For |
| 14 | Proposal Reelect Dame Amelia Fawcett as Board Chairman | 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 Based Share Plan LTIP 2020 | Mgt rec For | Vote For |
| 16.b | Proposal Introduce Two New Sub-Ordinated Share Classes | Mgt rec For | Vote For |
| 16.c | Proposal Approve Equity Plan Financing Through Issuance of Shares | Mgt rec For | Vote For |
| 16.d | Proposal Approve Equity Plan Financing Through Repurchase of Shares | Mgt rec For | Vote For |
| 16.e | Proposal Approve Equity Plan Financing Through Transfer of Shares to Participants | Mgt rec For | Vote For |
| 17 | Proposal Approve Financing of Previously Resolved Long-Term Incentive Plans | Mgt rec For | Vote For |
| 18 | Proposal Authorize Share Repurchase Program | Mgt rec For | Vote For |
| 19 | Proposal Amend Articles of Association Re: Article 1 and 7 | Mgt rec For | Vote For |
| Shareholder proposals | |||
| 20.a | Proposal Amend Articles Re: All Shares Entitle to One (1) Vote | Mgt rec None | Vote Against |
| 20.b | Proposal Instruct Board to Work for the Swedish Companies Act to Abolish Differentiated Voting Powers, firstly by Approaching the Swedish Government | Mgt rec None | Vote Against |
| 20.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 |
| 20.d | Proposal Instruct Board to Work Towards A Corresponding Change to be Effectuated in the Swedish National Rulebook, firstly by Approaching the Swedish Government | Mgt rec None | Vote Against |
| 20.e | Proposal Instruct Board to Prepare a Proposal for an Ethical Code, to be Resolved upon by the AGM 2021 | Mgt rec None | Vote Against |
| Management proposals | |||
| 21 | 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.
- 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.
- To be clear, Norges Bank has no duty of care in respect of any third party who decides to view this disclosure, which shall be done entirely at their own risk.
- 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.
- Norges Bank is not subject to any prohibition on securities lending, trading or other activity as a result of this disclosure at any point prior to or after the publication of this disclosure.