Delivery Hero SE

Ticker: DHER
Meeting date: 18/06/2020
Meeting type: Annual
Proposal Mgt rec Vote
Management proposals
1 Receive Financial Statements and Statutory Reports for Fiscal 2019 (Non-Voting) None None
2 Approve Allocation of Income and Omission of Dividends For For
3 Approve Discharge of Management Board for Fiscal 2019 For For
4.1 Approve Discharge of Supervisory Board Member Martin Enderle for Fiscal 2019 For For
4.2 Approve Discharge of Supervisory Board Member Hilary Gosher for Fiscal 2019 For For
4.3 Approve Discharge of Supervisory Board Member Patrick Kolek for Fiscal 2019 For For
4.4 Approve Discharge of Supervisory Board Member Bjoern Ljungberg for Fiscal 2019 For For
4.5 Approve Discharge of Supervisory Board Member Vera Stachowiak for Fiscal 2019 For For
4.6 Approve Discharge of Supervisory Board Member Christian Graf von Hardenberg for Fiscal 2019 For For
4.7 Approve Discharge of Supervisory Board Member Semih Yalcin for Fiscal 2019 For For
5 Ratify KPMG AG as Auditors for Fiscal 2020 For For
6.1 Elect Jeanette Gorgas to the Supervisory Board as Shareholder Representative For For
6.2 Elect Martin Enderle to the Supervisory Board as Shareholder Representative For For
6.3 Elect Patrick Kolek to the Supervisory Board as Shareholder Representative 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
6.4 Elect Nils Engvall to the Supervisory Board as Employee Representative For For
6.5 Elect Gabriella Ardbo to the Supervisory Board as Employee Representative For For
6.6 Elect Gerald Taylor to the Supervisory Board as Employee Representative For For
6.7 Elect Gabriela Chavez as Alternate Supervisory Board Member For For
6.8 Elect Vera Stachowiak as Alternate Supervisory Board Member For For
7 Approve Creation of EUR 20 Million Pool of Capital without Preemptive Rights Vote rationale: Existing shareholders should have the right to approve share issuances in order to prevent the dilution of ownership without their prior consent. Existing shareholders should have the right to participate pro rata to maintain their voting share and benefit from any discount offered. The approval for a general authority should be reasonably close in time to the intended capital allocation to allow for an informed voting decision. Global Voting Guidelines Shareholder rights in equity issuances For Against
8 Approve Creation of EUR 18.7 Million Pool of Capital without Preemptive Rights Vote rationale: Existing shareholders should have the right to approve share issuances in order to prevent the dilution of ownership without their prior consent. Existing shareholders should have the right to participate pro rata to maintain their voting share and benefit from any discount offered. The approval for a general authority should be reasonably close in time to the intended capital allocation to allow for an informed voting decision. Global Voting Guidelines Shareholder rights in equity issuances For Against
9 Approve Issuance of Warrants/Bonds with Warrants Attached/Convertible Bonds without Preemptive Rights up to Aggregate Nominal Amount of EUR 2 Billion; Approve Creation of EUR 20 Million Pool of Capital to Guarantee Conversion Rights Vote rationale: Existing shareholders should have the right to approve share issuances in order to prevent the dilution of ownership without their prior consent. Existing shareholders should have the right to participate pro rata to maintain their voting share and benefit from any discount offered. The approval for a general authority should be reasonably close in time to the intended capital allocation to allow for an informed voting decision. Global Voting Guidelines Shareholder rights in equity issuances For Against
10 Amend Articles Re: Shareholder Register For For
11 Amend Articles Re: General Meeting Chairman For For
12 Amend Articles Re: Majority Requirement for Passing Resolutions at General Meetings For For
13 Authorize Share Repurchase Program and Reissuance or Cancellation of Repurchased Shares For For
14 Authorize Use of Financial Derivatives when Repurchasing Shares For For
15 Approve Remuneration of the Supervisory Board Chairman For For

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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