GAM Holding AG
Ticker: GAM
Meeting date: 27/04/2017
Meeting type: Annual
| Proposal | Mgt rec | Vote | |
|---|---|---|---|
| Management proposals | |||
| 1.1 | Proposal Accept Financial Statements and Statutory Reports | Mgt rec For | Vote For |
| 1.2 | Proposal Approve Remuneration Report (Non-Binding) | Mgt rec For | Vote Against |
| 2 | Proposal Approve Allocation of Income and Dividends of CHF 0.65 per Share from Capital Contribution Reserves | Mgt rec For | Vote For |
| 3 | Proposal Approve Discharge of Board and Senior Management | Mgt rec For | Vote For |
| 4 | Proposal Approve CHF 30,610 Reduction in Share Capital via Cancellation of Repurchased Shares | Mgt rec For | Vote For |
| 5 | Proposal Approve Cancellation of Conditional Capital Authorization | Mgt rec For | Vote For |
| 6.1 | Proposal Reelect Hugh Scott-Barrett as Director and as Board Chairman | Mgt rec For | Vote For |
| 6.2 | Proposal Reelect Diego du Monceau as Director | Mgt rec For | Vote Against |
| 6.3 | Proposal Reelect Nancy Mistretta as Director | Mgt rec For | Vote For |
| 6.4 | Proposal Reelect Ezra Field as Director | Mgt rec For | Vote For |
| 6.5 | Proposal Reelect Benjamin Meuli as Director | Mgt rec For | Vote For |
| 6.6 | Proposal Elect David Jacob as Director | Mgt rec For | Vote For |
| Shareholder proposals | |||
| 6.7 | Proposal Elect Kasia Robinski as Director | Mgt rec Against | Vote Against |
| 6.8 | Proposal Elect Kasia Robinski as Chairman of the Board | Mgt rec Against | Vote Against |
| 6.9 | Proposal Elect William Raynar as Director | Mgt rec Against | Vote Against |
| 6.10 | Proposal Elect Rudolf Bohli as Director | Mgt rec Against | Vote Against |
| Management proposals | |||
| 7.1 | Proposal Appoint Diego du Monceau as Member of the Compensation Committee | Mgt rec For | Vote Against |
| 7.2 | Proposal Appoint Nancy Mistretta as Member of the Compensation Committee | Mgt rec For | Vote For |
| 7.3 | Proposal Appoint Benjamin Meuli as Member of the Compensation Committee | Mgt rec For | Vote For |
| Shareholder proposals | |||
| 7.4 | Proposal Appoint Kasia Robinski as Member of the Compensation Committee | Mgt rec Against | Vote Against |
| 7.5 | Proposal Appoint William Raynar as Member of the Compensation Committee | Mgt rec Against | Vote Against |
| Management proposals | |||
| 8.1 | Proposal Approve Maximum Remuneration of Board of Directors in the Amount of CHF 2.3 Million | Mgt rec For | Vote For |
| 8.2 | Proposal Approve Maximum Fixed Remuneration of Executive Committee in the Amount of CHF 8 Million | Mgt rec For | Vote For |
| 8.3 | Proposal Approve Maximum Variable Remuneration of Executive Committee in the Amount of CHF 16 Million | Mgt rec For | Vote Against |
| 9 | Proposal Ratify KPMG AG as Auditors | Mgt rec For | Vote For |
| 10 | Proposal Designate Tobias Rohner as Independent Proxy | Mgt rec For | Vote For |
| 11 | Proposal Transact Other Business (Voting) | Mgt rec For | 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:
- 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.
- No reliance should be placed on this information or its accuracy, and Norges Bank accepts no responsibility or liability for any action taken or not taken on the basis of this information. Any relevant third party should form their own views based on their own analysis of the relevant facts and circumstances.
- To be clear, Norges Bank has no duty of care in respect of any third party who decides to view this disclosure, which shall be done entirely at their own risk.
- Any information in this disclosure is subject to change without notice. In particular, be aware that Norges Bank’s intentions and the holdings of the Government Pension Fund Global may change over time and, to the extent permitted by applicable law, Norges Bank disclaims any responsibility to update this information as a result of such changes or for any other reason.
- 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.
- Norges Bank is not subject to any prohibition on securities lending, trading or other activity as a result of this disclosure at any point prior to or after the publication of this disclosure.