Canadian Imperial Bank of Commerce
Ticker: CM
Meeting date: 04/04/2024
Meeting type: Annual
| Proposal | Mgt rec | Vote | |
|---|---|---|---|
| Management proposals | |||
| 1a | Proposal Elect Director Ammar Aljoundi | Mgt rec For | Vote For |
| 1b | Proposal Elect Director Charles J. G. Brindamour | Mgt rec For | Vote For |
| 1c | Proposal Elect Director Nanci E. Caldwell | Mgt rec For | Vote For |
| 1d | Proposal Elect Director Michelle L. Collins | Mgt rec For | Vote For |
| 1e | Proposal Elect Director Victor G. Dodig | Mgt rec For | Vote For |
| 1f | Proposal Elect Director Kevin J. Kelly | Mgt rec For | Vote For |
| 1g | Proposal Elect Director Christine E. Larsen | Mgt rec For | Vote For |
| 1h | Proposal Elect Director Mary Lou Maher | Mgt rec For | Vote For |
| 1i | Proposal Elect Director William F. Morneau | Mgt rec For | Vote For |
| 1j | Proposal Elect Director Mark W. Podlasly | Mgt rec For | Vote For |
| 1k | Proposal Elect Director Katharine B. Stevenson | Mgt rec For | Vote For |
| 1l | Proposal Elect Director Martine Turcotte | Mgt rec For | Vote For |
| 1m | Proposal Elect Director Barry L. Zubrow | Mgt rec For | Vote For |
| 2 | Proposal Ratify Ernst & Young LLP as Auditors | Mgt rec For | Vote For |
| 3 | Proposal Advisory Vote on Executive Compensation Approach | Mgt rec For | Vote For |
| Shareholder proposals | |||
| 4 | Proposal 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 | Mgt rec Against | Vote Against |
| 5 | Proposal SP 2: Hold Annual Meetings of the Company in Person with Virtual Meetings as Complements | Mgt rec Against | Vote Against |
| 6 | Proposal SP 3: Disclose Non-Confidential Information Relating to the Bank's Country-by-Country Reporting | Mgt rec Against | Vote Against |
| 7 | Proposal 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 | Mgt rec Against | Vote Against |
| 8 | Proposal SP 5: Disclosure of the CEO Compensation to Median Worker Pay Ratio | Mgt rec Against | 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:
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