Kone Oyj

Ticker: KNEBV
Meeting date: 01/03/2022
Meeting type: Annual
Proposal Mgt rec Vote
Management proposals
1 Open Meeting None None
2 Call the Meeting to Order None None
3 Designate Inspector or Shareholder Representative(s) of Minutes of Meeting For For
4 Acknowledge Proper Convening of Meeting For For
5 Prepare and Approve List of Shareholders For For
6 Receive Financial Statements and Statutory Reports None None
7 Accept Financial Statements and Statutory Reports For For
8 Approve Allocation of Income and Dividends of EUR 1.7475 per Class A Share and EUR 1.75 per Class B Share; Approve Extra Dividends of EUR 0.3475 per Class A Share and EUR 0.35 per Class B Share For For
9 Approve Discharge of Board and President For For
10 Approve Remuneration Report (Advisory Vote) For For
11 Approve Remuneration of Directors in the Amount of EUR 220,000 for Chairman, EUR 125,000 for Vice Chairman, and EUR 110,000 for Other Directors For For
12 Fix Number of Directors at Nine For For
13 Reelect Matti Alahuhta, Susan Duinhoven, Antti Herlin, Iiris Herlin, Jussi Herlin, Ravi Kant and Jennifer Xin-Zhe Li as Directors; Elect Krishna Mikkilineni and Andreas Opfermann as New Directors Vote rationale: Board decisions that are particularly vulnerable to conflicts of interest should have additional safeguards. Management should not serve on the audit or remuneration committees. The audit committee should have a majority of independent, shareholder-elected members. Global Voting Guidelines Board independence For Against
14 Approve Remuneration of Auditors For For
15 Elect One Auditor for the Term Ending on the Conclusion of AGM 2022 For For
16 Ratify Ernst & Young as Auditors For For
17 Authorize Share Repurchase Program For For
18 Approve Issuance of Shares and Options without Preemptive Rights For For
19 Close Meeting None None

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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