Faes Farma SA
Ticker: FAE
Meeting date: 15/06/2021
Meeting type: Annual
| Proposal | Mgt rec | Vote | |
|---|---|---|---|
| Management proposals | |||
| 1 | Proposal Approve Consolidated and Standalone Financial Statements, Allocation of Income, and Discharge of Board | Mgt rec For | Vote For |
| 2 | Proposal Approve Non-Financial Information Statement | Mgt rec For | Vote For |
| 3.1 | Proposal Amend Article 2 Re: Corporate Purpose | Mgt rec For | Vote For |
| 3.2 | Proposal Amend Article 14 Re: Right of Attendance to General Meetings | Mgt rec For | Vote For |
| 3.3 | Proposal Add New Article 19 bis Re: Allow Shareholder Meetings to be Held in Virtual-Only Format | Mgt rec For | Vote For |
| 4 | Proposal Amend Articles of General Meeting Regulations Re: Allow Shareholder Meetings to be Held in Virtual-Only Format | Mgt rec For | Vote For |
| 5 | Proposal Receive Amendments to Board of Directors Regulations | Mgt rec None | Vote None |
| 6 | Proposal Approve Remuneration Policy Vote rationale: The board is responsible for attracting the right CEO and setting appropriate remuneration. A substantial proportion of annual remuneration should be provided as shares that are locked in for five to ten years, regardless of resignation or retirement. The board should provide transparency on total remuneration to avoid unacceptable outcomes. The board should ensure that all benefits have a clear business rationale. Pensionable income should constitute a minor part of total remuneration. Global Voting Guidelines CEO remuneration | Mgt rec For | Vote Against |
| 7 | Proposal Approve Scrip Dividends | Mgt rec For | Vote For |
| 8 | Proposal Authorize Share Repurchase and Capital Reduction via Amortization of Repurchased Shares | Mgt rec For | Vote For |
| 9 | Proposal Advisory Vote on Remuneration Report Vote rationale: The board is responsible for attracting the right CEO and setting appropriate remuneration. A substantial proportion of annual remuneration should be provided as shares that are locked in for five to ten years, regardless of resignation or retirement. The board should provide transparency on total remuneration to avoid unacceptable outcomes. The board should ensure that all benefits have a clear business rationale. Pensionable income should constitute a minor part of total remuneration. Global Voting Guidelines CEO remuneration | Mgt rec For | Vote Against |
| 10 | Proposal Authorize Board to Ratify and Execute Approved Resolutions | Mgt rec For | Vote For |
| 11 | Proposal Allow Questions | Mgt rec None | Vote None |
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