Sul America SA
Ticker: SULA11
Meeting date: 28/03/2019
Meeting type: Annual
| Proposal | Mgt rec | Vote | |
|---|---|---|---|
| Management proposals | |||
| 1 | Proposal Accept Financial Statements and Statutory Reports for Fiscal Year Ended Dec. 31, 2018 | Mgt rec For | Vote For |
| 2 | Proposal Approve Allocation of Income and Dividends | Mgt rec For | Vote For |
| 3 | Proposal Fix Number of Directors at Ten | Mgt rec For | Vote For |
| 4 | Proposal Do You Wish to Adopt Cumulative Voting for the Election of the Members of the Board of Directors, Under the Terms of Article 141 of the Brazilian Corporate Law? | Mgt rec None | Vote Abstain |
| 5 | Proposal Elect Directors | Mgt rec For | Vote For |
| 6 | Proposal In Case There is Any Change to the Board Slate Composition, May Your Votes Still be Counted for the Proposed Slate? | Mgt rec None | Vote Against |
| 7 | Proposal In Case Cumulative Voting Is Adopted, Do You Wish to Equally Distribute Your Votes to All Nominees in the Slate? | Mgt rec None | Vote Abstain |
| 8.1 | Proposal Percentage of Votes to Be Assigned - Elect Patrick Antonio Claude de Larragoiti Lucas as Director | Mgt rec None | Vote Abstain |
| 8.2 | Proposal Percentage of Votes to Be Assigned - Elect Carlos Infante Santos de Castro as Director | Mgt rec None | Vote Abstain |
| 8.3 | Proposal Percentage of Votes to Be Assigned - Elect David Lorne Levy as Director | Mgt rec None | Vote Abstain |
| 8.4 | Proposal Percentage of Votes to Be Assigned - Elect Isabelle Rose Marie de Segur Lamoignon as Director | Mgt rec None | Vote Abstain |
| 8.5 | Proposal Percentage of Votes to Be Assigned - Elect Jorge Hilario Gouvea Vieira as Director | Mgt rec None | Vote Abstain |
| 8.6 | Proposal Percentage of Votes to Be Assigned - Elect Michael Francis Bacon as Director | Mgt rec None | Vote Abstain |
| 8.7 | Proposal Percentage of Votes to Be Assigned - Elect Pierre Claude Perrenoud as Director | Mgt rec None | Vote Abstain |
| 8.8 | Proposal Percentage of Votes to Be Assigned - Elect Renato Russo as Director | Mgt rec None | Vote Abstain |
| 8.9 | Proposal Percentage of Votes to Be Assigned - Elect Romeu Cortes Domingues as Director | Mgt rec None | Vote Abstain |
| 8.10 | Proposal Percentage of Votes to Be Assigned - Elect Walter Roberto de Oliveira Longo as Director | Mgt rec None | Vote Abstain |
| 9 | Proposal Would You like to Request a Separate Minority Election of a Member of the Board of Directors, Under the Terms of Article 141 of the Brazilian Corporate Law? | Mgt rec None | Vote Abstain |
| Shareholder proposals | |||
| 10 | Proposal Elect Director Appointed by Minority Shareholder | Mgt rec None | Vote Abstain |
| Management proposals | |||
| 11 | Proposal In Case Neither Class of Shares Reaches the Minimum Quorum Required by the Brazilian Corporate Law to Elect a Board Representative in Separate Elections, Would You Like to Use Your Votes to Elect the Candidate with More Votes to Represent Both Classes? | Mgt rec None | Vote Abstain |
| Shareholder proposals | |||
| 12 | Proposal Elect Director Appointed by Preferred Shareholder | Mgt rec None | Vote Abstain |
| Management proposals | |||
| 13 | Proposal In Case Neither Class of Shares Reaches the Minimum Quorum Required by the Brazilian Corporate Law to Elect a Board Representative in Separate Elections, Would You Like to Use Your Votes to Elect the Candidate with More Votes to Represent Both Classes? | Mgt rec None | Vote Abstain |
| 14 | Proposal Approve Remuneration of Company's Management | Mgt rec For | Vote For |
| 15 | Proposal Do You Wish to Request Installation of a Fiscal Council, Under the Terms of Article 161 of the Brazilian Corporate Law? | Mgt rec None | Vote 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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