Power Corporation of Canada

Ticker: POW
Meeting date: 09/05/2024
Meeting type: Annual
Proposal Mgt rec Vote
Management proposals
1.1 Elect Director Pierre Beaudoin For For
1.2 Elect Director Marcel R. Coutu For For
1.3 Elect Director Andre Desmarais For For
1.4 Elect Director Paul Desmarais, Jr. Vote rationale: Board members should devote sufficient time to fulfil their responsibilities effectively. The chairperson is responsible for leading all aspects of the board’s work and should devote a significant amount of time to fulfil his or her responsibilities effectively. Board members should contribute to effective discussions and decision-making by attending all meetings. Global Voting Guidelines Time commitment of board members For Against
1.5 Elect Director Gary A. Doer For For
1.6 Elect Director Segolene Gallienne-Frere For For
1.7 Elect Director Anthony R. Graham For For
1.8 Elect Director Sharon MacLeod For For
1.9 Elect Director Paula B. Madoff For For
1.10 Elect Director Isabelle Marcoux For For
1.11 Elect Director R. Jeffrey Orr For For
1.12 Elect Director T. Timothy Ryan, Jr. For For
1.13 Elect Director Siim A. Vanaselja For For
1.14 Elect Director Elizabeth D. Wilson For For
2 Ratify Deloitte LLP as Auditors For For
3 Advisory Vote on Executive Compensation Approach For For
Shareholder proposals
4 SP 1: Disclose the Corporation's Scope 1-3 Financed Emissions Annually Against Against
5 SP 2: Approve Incentive Compensation for All Employees Based on ESG Targets Against Against
6 SP 3: Hold Annual Meetings of the Company in Person with Virtual Meetings as Complements Against Against
7 SP 4: Disclose Language Fluency of Executives Against Against
8 SP 5: Advisory Vote on Environmental Policies 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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