Nordea Bank Abp
Ticker: NDA.SE
Meeting date: 16/03/2017
Meeting type: Annual
| Proposal | Mgt rec | Vote | |
|---|---|---|---|
| Management proposals | |||
| 1 | Proposal Elect Chairman of Meeting | Mgt rec For | Vote For |
| 2 | Proposal Prepare and Approve List of Shareholders | Mgt rec For | Vote For |
| 3 | Proposal Approve Agenda of Meeting | Mgt rec For | Vote For |
| 4 | Proposal Designate Inspector(s) of Minutes of Meeting | Mgt rec For | Vote For |
| 5 | Proposal Acknowledge Proper Convening of Meeting | Mgt rec For | Vote For |
| 6 | Proposal Receive Financial Statements and Statutory Reports | Mgt rec None | Vote None |
| 7 | Proposal Accept Financial Statements and Statutory Reports | Mgt rec For | Vote For |
| 8 | Proposal Approve Allocation of Income and Dividends of EUR 0.65 Per Share | Mgt rec For | Vote For |
| 9 | Proposal Approve Discharge of Board and President | Mgt rec For | Vote For |
| 10 | Proposal Determine Number of Members (10) and Deputy Members (0) of Board | Mgt rec For | Vote For |
| 11 | Proposal Determine Number of Auditors (1) and Deputy Auditors (0) | Mgt rec For | Vote For |
| 12 | Proposal Approve Remuneration of Directors in the Amount of EUR 294,600 for Chairman, EUR 141,300 for Vice Chairman, and EUR 91,950 for Other Directors; Approve Remuneration for Committee Work; Approve Remuneration of Auditors | Mgt rec For | Vote For |
| 13 | Proposal Reelect Bjorn Wahlroos, Robin Lawther, Lars Nordstrom, Sarah Russell, Silvija Seres, KariStadigh and Birger Steen as Directors; Elect Pernille Erenbjerg, Maria Varsellona and Lars Wollung as New Directors | Mgt rec For | Vote Against |
| 14 | Proposal Ratify PricewaterhouseCoopers as Auditors | Mgt rec For | Vote For |
| 15 | Proposal Authorize Chairman of Board and Representatives of Four of Company's Largest Shareholders to Serve on Nominating Committee | Mgt rec For | Vote For |
| 16 | Proposal Approve Issuance of Convertible Instruments without Preemptive Rights | Mgt rec For | Vote For |
| 17 | Proposal Authorize Share Repurchase Program | Mgt rec For | Vote For |
| 18 | Proposal Approve Remuneration Policy And Other Terms of Employment For Executive Management | Mgt rec For | Vote For |
| 19 | Proposal Appointment of Auditor in a Foundation Managed by the Company | Mgt rec For | Vote For |
| Shareholder proposals | |||
| 20a | Proposal Adopt a Vision for Absolute Gender Equality on All Levels Within the Company | Mgt rec None | Vote Against |
| 20b | Proposal Instruct the Board to Set Up a Working Group Concerning Gender and Ethnicity Diversification Within the Company | Mgt rec None | Vote Against |
| 20c | Proposal Require the Results from the Working Group Concerning Item 20a to be Reported to the AGM | Mgt rec None | Vote Against |
| 20d | Proposal Request Board to Take Necessary Action to Create a Shareholders' Association | Mgt rec None | Vote Against |
| 20e | Proposal Prohibit Directors from Being Able to Invoice Director's Fees via Swedish and Foreign Legal Entities | Mgt rec None | Vote Against |
| 20f | Proposal Instruct the Nomination Committee to Pay Extra Attention to Questions Concerning Ethics, Gender, and Ethnicity | Mgt rec None | Vote Against |
| 20g | Proposal Instruct the Board to Prepare a Proposal for the Representation of Small- and Midsized Shareholders in the Board and Nomination Committee | Mgt rec None | Vote Against |
| 20h | Proposal Request Board to Propose to the Appropriate Authority to Bring About a Changed Regulation in the Area Relating to Item 20e | Mgt rec None | Vote Against |
| 20i | Proposal Request Board to Propose to the Swedish Government Legislation on the Abolition of Voting Power Differences in Swedish Limited Liability Companies | Mgt rec None | Vote Against |
| 20j | Proposal Amend Articles Re: Former Politicians on the Board of Directors | Mgt rec None | 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.