Canadian Imperial Bank of Commerce

Ticker: CM
Meeting date: 04/04/2024
Meeting type: Annual
Proposal Mgt rec Vote
Management proposals
1a Elect Director Ammar Aljoundi For For
1b Elect Director Charles J. G. Brindamour For For
1c Elect Director Nanci E. Caldwell For For
1d Elect Director Michelle L. Collins For For
1e Elect Director Victor G. Dodig For For
1f Elect Director Kevin J. Kelly For For
1g Elect Director Christine E. Larsen For For
1h Elect Director Mary Lou Maher For For
1i Elect Director William F. Morneau For For
1j Elect Director Mark W. Podlasly For For
1k Elect Director Katharine B. Stevenson For For
1l Elect Director Martine Turcotte For For
1m Elect Director Barry L. Zubrow For For
2 Ratify Ernst & Young LLP as Auditors For For
3 Advisory Vote on Executive Compensation Approach For For
Shareholder proposals
4 SP 1: Issue Report Disclosing Exposure on the Oil and Gas Sector Vote rationale: We will not support a shareholder proposal that appears to be overly prescriptive in regard to the company’s strategy and/or operations, or that sets unrealistic timeframes, targets or methods for implementation. Global Voting Guidelines Shareholder proposals on sustainability Against Against
5 SP 2: Hold Annual Meetings of the Company in Person with Virtual Meetings as Complements Against Against
6 SP 3: Disclose Non-Confidential Information Relating to the Bank's Country-by-Country Reporting Against Against
7 SP 4: Advisory Vote on Environmental Policy Vote rationale: We will not support a shareholder proposal that appears to be overly prescriptive in regard to the company’s strategy and/or operations, or that sets unrealistic timeframes, targets or methods for implementation. Global Voting Guidelines Shareholder proposals on sustainability Against Against
8 SP 5: Disclosure of the CEO Compensation to Median Worker Pay Ratio Against 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.
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  • 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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