Ebro Foods SA
Ticker: EBRO
Meeting date: 29/06/2021
Meeting type: Annual
| Proposal | Mgt rec | Vote | |
|---|---|---|---|
| Management proposals | |||
| 1.1 | Proposal Approve Consolidated and Standalone Financial Statements | Mgt rec For | Vote For |
| 1.2 | Proposal Approve Non-Financial Information Statement | Mgt rec For | Vote For |
| 2 | Proposal Approve Discharge of Board | Mgt rec For | Vote For |
| 3 | Proposal Approve Allocation of Income and Dividends | Mgt rec For | Vote For |
| 4 | Proposal Approve Remuneration of Directors | Mgt rec For | Vote For |
| 5.1 | Proposal Reelect Belen Barreiro Perez-Pardo as Director | Mgt rec For | Vote For |
| 5.2 | Proposal Reelect Mercedes Costa Garcia as Director | Mgt rec For | Vote For |
| 6.1 | Proposal Amend Article 5 Re: Registered Office | Mgt rec For | Vote For |
| 6.2 | Proposal Amend Article 13 Re: Attendance | Mgt rec For | Vote For |
| 6.3 | Proposal Amend Article 14 Re: Proxies | Mgt rec For | Vote For |
| 6.4 | Proposal Amend Article 17 Re: Presiding Board, Information, Discussion and Voting, Voting and Representation by Remote Means | Mgt rec For | Vote For |
| 6.5 | Proposal Amend Article 17 bis Re: Allow Shareholder Meetings to be Held in Virtual-Only Format | Mgt rec For | Vote For |
| 6.6 | Proposal Amend Article 22 Re: Director Remuneration | Mgt rec For | Vote For |
| 6.7 | Proposal Amend Article 28 Re: Executive Committee, Audit and Compliance Committee, Nomination and Remuneration Committee and Other Committees | Mgt rec For | Vote For |
| 6.8 | Proposal Amend Article 34 Re: Approval of Accounts and Allocation of Profits | Mgt rec For | Vote For |
| 7.1 | Proposal Amend Article 5 of General Meeting Regulations Re: Information on Company's Website | Mgt rec For | Vote For |
| 7.2 | Proposal Amend Article 6 of General Meeting Regulations Re: Shareholders' Right to Information | Mgt rec For | Vote For |
| 7.3 | Proposal Amend Article 7 of General Meeting Regulations Re: Right to Attend and Proxies | Mgt rec For | Vote For |
| 7.4 | Proposal Amend Article 11 of General Meeting Regulations Re: Start of the Meeting and Shareholders' Requests for Intervention | Mgt rec For | Vote For |
| 7.5 | Proposal Amend Article 12 of General Meeting Regulations Re: Shareholders' Participation | Mgt rec For | Vote For |
| 7.6 | Proposal Amend Article 13 bis of General Meeting Regulations Re: Voting and Granting of Proxies by Remote Means | Mgt rec For | Vote For |
| 7.7 | Proposal Amend Article 13 ter of General Meeting Regulations Re: Allow Shareholder Meetings to be Held in Virtual-Only Format | Mgt rec For | Vote For |
| 7.8 | Proposal Amend Article 14 of General Meeting Regulations Re: Voting and Resolutions | Mgt rec For | Vote For |
| 8 | Proposal Amend Remuneration Policy for FY 2019, 2020 and 2021 | Mgt rec For | Vote For |
| 9 | Proposal Approve Remuneration Policy for FY 2022, 2023 and 2024 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 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 |
| 11 | Proposal Authorize Increase in Capital up to 50 Percent via Issuance of Equity or Equity-Linked Securities, Excluding Preemptive Rights of up to 20 Percent | Mgt rec For | Vote For |
| 12 | Proposal Authorize Donations to Fundacion Ebro Foods | Mgt rec For | Vote For |
| 13 | Proposal Authorize Company to Call EGM with 15 Days' Notice | Mgt rec For | Vote For |
| 14 | Proposal Receive Amendments to Board of Directors Regulations | Mgt rec None | Vote None |
| 15 | Proposal Authorize Board to Ratify and Execute Approved Resolutions | Mgt rec For | Vote For |
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