H&M Hennes & Mauritz AB
Ticker: HM.B
Meeting date: 08/05/2018
Meeting type: Annual
| Proposal | Mgt rec | Vote | |
|---|---|---|---|
| Management proposals | |||
| 1 | Proposal Open Meeting | Mgt rec None | Vote None |
| 2 | Proposal Elect Chairman of Meeting | Mgt rec For | Vote For |
| 3 | Proposal Receive President's Report | Mgt rec None | Vote None |
| 4 | Proposal Prepare and Approve List of Shareholders | Mgt rec For | Vote For |
| 5 | Proposal Approve Agenda of Meeting | Mgt rec For | Vote For |
| 6 | Proposal Designate Inspector(s) of Minutes of Meeting | Mgt rec For | Vote For |
| 7 | Proposal Acknowledge Proper Convening of Meeting | Mgt rec For | Vote For |
| 8a | Proposal Receive Financial Statements and Statutory Reports | Mgt rec None | Vote None |
| 8b | Proposal Receive Auditor's Statement, and Statement By Chairman of Audit Committee | Mgt rec None | Vote None |
| 8c | Proposal Receive Board's Report | Mgt rec None | Vote None |
| 8d | Proposal Receive Nominating Committee's Report | Mgt rec None | Vote None |
| 9a | Proposal Accept Financial Statements and Statutory Reports | Mgt rec For | Vote For |
| 9b1 | Proposal Approve Allocation of Income and Dividends of SEK 9.75 Per Share | Mgt rec For | Vote For |
| Shareholder proposals | |||
| 9b2 | Proposal Approve Omission of Dividends | Mgt rec None | Vote Against |
| Management proposals | |||
| 9c | Proposal Approve Discharge of Board and President | Mgt rec For | Vote For |
| 10 | Proposal Determine Number of Members (7) and Deputy Members (0) of Board; Determine Number of Auditors (1) and Deputy Auditors (0) | Mgt rec For | Vote For |
| 11 | Proposal Approve Remuneration of Directors in the Amount of SEK 1.7 Million for Chairman, and SEK 615,000 for Other Directors; Approve Remuneration for Committee Work; Approve Remuneration of Auditors | Mgt rec For | Vote For |
| 12a | Proposal Reelect Stina Bergfors as Director | Mgt rec For | Vote For |
| 12b | Proposal Reelect Anders Dahlvig as Director | Mgt rec For | Vote For |
| 12c | Proposal Reelect Lena Patriksson Keller as Director | Mgt rec For | Vote For |
| 12d | Proposal Reelect Stefan Persson as Director | Mgt rec For | Vote For |
| 12e | Proposal Reelect Christian Sievert as Director | Mgt rec For | Vote For |
| 12f | Proposal Reelect Erica Wiking Hager as Director | Mgt rec For | Vote For |
| 12g | Proposal Reelect Niklas Zennstrom as Director | Mgt rec For | Vote For |
| 12h | Proposal Elect Stefan Persson as Board Chairman | Mgt rec For | Vote For |
| 13 | Proposal Ratify Ernst & Young as Auditors | Mgt rec For | Vote For |
| 14 | Proposal Authorize Chairman of Board and Representatives of Four of Company's Largest Shareholders to Serve on Nominating Committee | Mgt rec For | Vote For |
| 15 | Proposal Approve Remuneration Policy And Other Terms of Employment For Executive Management | Mgt rec For | Vote For |
| Shareholder proposals | |||
| 16 | Proposal Adopt Policy Against Leather Products | Mgt rec None | Vote Against |
| 17 | Proposal Approve Creation of New Brands | Mgt rec None | Vote Against |
| Management proposals | |||
| 18 | Proposal Close Meeting | Mgt rec None | Vote 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.
- 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.